Common use of Transfers From The Fixed LT Account Clause in Contracts

Transfers From The Fixed LT Account. You may transfer from the Fixed LT Account an amount up to the greater of $5,000 or 10% of the Accumulated Value in the Fixed LT Account, but only one such transfer may be made in any twelve-month period.

Appears in 5 contracts

Samples: Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins), Life Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins), Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins)

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Transfers From The Fixed LT Account. You may make one transfer from the Fixed LT Account an amount up to the greater Variable Accounts or Fixed Account in any twelve-month period. Such transfer is limited to the greatest of $5,000 or 5,000, 10% of the Accumulated Value in the Fixed LT Account, but only one such transfer may be made and the amount transferred in any twelve-month periodthe prior policy year from the Fixed LT Account to either the Fixed or Variable Accounts.

Appears in 4 contracts

Samples: Life Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins), Life Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins), Life Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins)

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