Thresholds. MAXIMUM ALLOCATION % OF MAXIMUM ACCUMULATION VALUE PREMIUM % DOLLAR CAP ------------------ --------- ---------- Contract Limits [30%] [99.999%] [$9,999,999] THRESHOLDS ---------- Each Restricted Fund has one or more thresholds at which point no further amounts may be allocated to that division. Compliance with a threshold is verified whenever there is a transaction initiated which is subject to such threshold (premium payments, transfers, withdrawals). A threshold is applied to the total Accumulation Value of each Restricted Fund. Thresholds may be changed by the Company for new premiums, transfers or withdrawals by Restricted Fund upon 30 day notice.
Appears in 5 contracts
Sources: Guaranteed Death Benefit and Transfer Endorsement (Separate Account B of Golden American Life Insurance Co), Guaranteed Death Benefit and Transfer Endorsement (Golden American Life Insurance Co /Ny/), Guaranteed Death Benefit and Transfer Endorsement (Separate Account B of Golden American Life Insurance Co)