Common use of Fund Switching Clause in Contracts

Fund Switching. You may request to perform an unlimited number of fund switching during the policy term, without any charge. You may switch all or any of the units of one fund to another fund offered under Your policy at any time during the policy term, provided the account value of your policy is positive. Each policyholder can only hold either up to ten (10) ILP sub-funds or one (1) Portfolio fund and up to nine

Appears in 2 contracts

Sources: Investment Linked Insurance Policy Agreement, Policy Contract