Deferred Sales Charge. The charge that is applied to a Purchase Payment(s) upon withdrawal. This charge may be waived under certain circumstances or after a certain length of time (SEE SECTION III - DEFERRED SALES CHARGE).
Appears in 6 contracts
Sources: Flexible Premium Deferred Combination Variable and Fixed Annuity Contract (VOYA INSURANCE & ANNUITY Co), Group Flexible Premium Deferred Combination Variable and Fixed Annuity Master Contract (VOYA INSURANCE & ANNUITY Co), Variable Annuity Group Master Contract (Golden American Life Insurance Co /Ny/)