PURCHASE PAYMENT ALLOCATION. PAGE 4 DEFINITIONS.............................................................................PAGE 5
PURCHASE PAYMENT ALLOCATION. Prior to the Annuity Date, you may allocate your Purchase Payments to the Investment Options available under this Contract. You may change the Purchase Payment Allocations by providing us with instructions in a form satisfactory to us. We will allocate any Purchase Payment according to your most recent instructions. We may reject any instructions or Purchase Payments if we cannot determine your allocation instructions.
PURCHASE PAYMENT ALLOCATION. 9 Allocations During the Right to Cancel Period..............................9
PURCHASE PAYMENT ALLOCATION. Variable Separate Account Options SunAmerica Anchor Series Trust Series Trust Fixed Account Options
PURCHASE PAYMENT ALLOCATION. You may select up to 10 Investment Options. Use whole percentages. Total must equal 100%. The allocations you indicate below will become your allocations on all future payments until you notify us of a change. AIM ____% AIM V.I. Capital Appreciation ____% AIM V.I. International Equity ____% AIM V.I. Value AXXXX ____% Axxxx American MidCap Growth ____% USAZ American Growth ____% USAZ Growth ALLIANCE CAPITAL ____% USAZ Alliance Capital Growth and Income ____% USAZ Alliance Capital Large Cap Growth ____% USAZ Alliance Capital Technology AZOA (ALLIANZ OF AMERICA, INC.) ____% AZOA VIP Diversified Assets ____% AZOA VIP Fixed Income ____% AZOA VIP Global Opportunities ____% AZOA VIP Growth ____% AZOA VIP Money Market DXXXX ____% Dxxxx VA Financial ____% Dxxxx VA Value FXXXXXXX TXXXXXXXX ____% Fxxxxxxx Global Communications Securities ____% Franklin Growth and Income Securities ____% Franklin High Income ____% Franklin Income Securities ____% Franklin Large Cap Growth Securities ____% Franklin Real Estate ____% Franklin Rising Dividends Securities ____% Fxxxxxxx S&P 500 Index ____% Franklin Small Cap ____% Franklin U.S. Government ____% Franklin Value Securities ____% Franklin Zero Coupon - 2005 ____% Franklin Zero Coupon - 2010 ____% Mutual Discovery Securities ____% Mutual Shares Securities ____% Txxxxxxxx Developing Markets Securities ____% Txxxxxxxx Growth Securities ____% Txxxxxxxx International Securities ____% USAZ Txxxxxxxx Developed Markets OXXXXXXXXXX ____% Oxxxxxxxxxx Global Securities/VA ____% Oxxxxxxxxxx High Income/VA ____% Oxxxxxxxxxx Main Street Growth & Income/VA PIMCO ____% PIMCO VIT High Yield Bond ____% PIMCO VIT StocksPLUS Growth andIncome ____% PIMCO VIT Total Return Bond ____% USAZ PIMCO Growth and Income ____% USAZ PIMCO Renaissance ____% USAZ PIMCO Value JXXXXXXX ____% SX Xxxxxxxx International Growth ____% SP Strategic Partners Focused Growth SELIGMAN ____% Seligman Global Technology ____% Seligman Small-Cap Value VXX XXXXXX ____% USAZ Vxx Xxxxxx Aggressive Growth ____% USAZ Vxx Xxxxxx Cxxxxxxx ____% USAZ Vxx Xxxxxx Growth ____% USAZ Vxx Xxxxxx Growth and Income ____% Vxx Xxxxxx LIT Emerging Growth ____% Preferred Life Fixed Account _____% TOTAL (Must equal 100%) ______________________________________________________________________________
PURCHASE PAYMENT ALLOCATION. PAGE 4 DEFINITIONS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . PAGE 5
PURCHASE PAYMENT ALLOCATION. Variable Account Options ------------------------ SunAmerica Anchor Series Trust Series Trust 100.00% Cash Management 0.00% Government & Quality Bond 0.00% Fixed Income 0.00% Growth 0.00% Global Bond 0.00% Natural Resources 0.00% High-Yield Bond 0.00% Capital Appreciation 0.00% Worldwide High Income 0.00% Balanced/Phoenix Investment Counsel 0.00% Asset Allocation 0.00% Growth/Phoenix Investment Counsel 0.00% Provident Growth 0.00% Venture Value 0.00% Global Equities 0.00% International Diversified Equities Fixed Account Options --------------------- Guarantee Period 0.00% 1 Year Fixed 0.00% 3 Year Fixed 0.00% 5 Year Fixed 0.00% 7 Year Fixed 0.00% 10 Year Fixed
PURCHASE PAYMENT ALLOCATION. Variable Account Options Fixed Account Options ------------------------ --------------------- Mutual Fund Variable Guarantee Annuity Trust Period 100.00% International Equity 0.00% 1 Year Fixed 0.00% Capital Growth 0.00% 3 Year Fixed 0.00% Growth and Income 0.00% 5 Year Fixed 0.00% Asset Allocation 0.00% 7 Year Fixed 0.00% U.S. Treasury Income 0.00% 10 Year Fixed 0.00% Money Market
PURCHASE PAYMENT ALLOCATION. Page 4 Definitions .......................................................... Page 5 General Provisions ................................................... Page 8
PURCHASE PAYMENT ALLOCATION. The initial Purchase Payment will be allocated to the Guaranteed Interest Division and the Divisions of the Variable Account as you directed in the application. Any Purchase Payments thereafter will be allocated to each Division in the same proportion that the Accumulation Value in each Division bears to the total Accumulation Value as of the date we receive that additional Purchase Payment at our Customer Service Center, or as otherwise instructed by you. You may designate a different allocation with respect to any Purchase Payments by sending us a written notice with the Purchase Payment. VARIABLE ACCOUNT PROVISIONS THE VARIABLE ACCOUNT The Variable Account is an account established by us, pursuant to the laws of the State of New York, to separate the assets funding the variable benefits for the class of policies to which this Contract belongs from the other assets of First ING Life of New York. The Variable Account is registered as a unit investment trust under the Investment Company Act of 1940. All income, gains and losses, whether or not realized, from assets allocated to the Variable Account are credited to or charged against the Variable Account without regard to income, gains or losses of our General Account. The assets of the Variable Account are our property, but are separate from our General Account and our other Variable Accounts. That portion of the assets of the Variable Account which is equal to the reserves and other contract liabilities with respect to the Variable Account is not subject to creditor claims against us. VARIABLE ACCOUNT DIVISIONS The Variable Account is divided into Divisions, each of which invests in a series fund Portfolio designed to meet the objectives of the Division. The current eligible Divisions are shown in the Schedule. We may, from time to time, add additional Divisions. If we do, you may be permitted to select from these other Divisions subject to the terms and conditions we may impose on those allocations. We reserve the right to limit the number of Divisions in which you may invest. CHANGES WITHIN THE VARIABLE ACCOUNT When permitted by law, and subject to any required notice to you and approval of the Securities and Exchange Commission ("SEC"), state regulatory authorities or Contract Owners, we may from time to time make the following changes to the Variable Account: . Make additional Divisions available. These Divisions will invest in investment Portfolios we find suitable for the Contract. . Eliminate Divis...
