Common use of PREMIUM ALLOCATION AND TRANSFER LIMITATIONS Clause in Contracts

PREMIUM ALLOCATION AND TRANSFER LIMITATIONS. Limitations When the Death Benefit Guarantee is Active. There are limits on the timing and amounts that can be allocated as premium payments or transferred by the Owner to the NM Strength and Stability Account and the Government Money Market Division when the Death Benefit Guarantee is active as follows: • Aggregate Limit. No amounts can be allocated or transferred if it would cause the sum of the NM Strength and Stability Account and the Government Money Market Division to exceed the result of (a) multiplied by (b) where: (a) is the Policy Value; and (b) is the Policy Value Percentage Limit for the current Policy year shown in Column A on the Policy Schedule Pages (page 4). Any allocated Net Premium that would exceed this limit would be reallocated to the Investment Account in proportion to the Owner’s instructions for allocations among the Divisions of the Separate Account other than the Government Money Market Division.