Exhibit 24(b)(4)(e)
Endorsement - Dollar Cost Averaging (EA DCANY)
AUSA LIFE INSURANCE COMPANY, INC.
ENDORSEMENT
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The following provision is added to this Contract, effective as of the date We
receive the Owner's Written Notice to participate in the Dollar Cost Averaging
option.
DOLLAR COST AVERAGING. The Owner may instruct Us to automatically transfer
specified amounts from the Money Market Sub-Account, Bond Sub-Account, the Fixed
Account or any combination of these accounts on a monthly basis for purposes of
providing for regular, level investments over time. We do not guarantee that
Dollar Cost Averaging will result in a profit or protect against loss.
The following conditions apply to Dollar Cost Averaging:
1. We must receive the Owner's proper written election of this option, on
a form provided by Us;
2. A minimum amount of $5,000 must be in each Sub-Account from which
transfers are to be made;
3. The total amount to be transferred from all Sub-Accounts each month
must equal, in total, a minimum of $1,000;
4. For transfers from the Fixed Account, no more than one-tenth of the
amount in the Fixed Account at the commencement of Dollar Cost
Averaging may be transferred each month.
Each transfer which occurs under the Dollar Cost Averaging will be counted
towards the number of transfers allowed without charge.
Dollar Cost Averaging will terminate if:
1. We receive written instruction from the Owner's for cancellation;
2. The Owner elects to participate in any Asset Rebalancing Program; or
3. The Owner elects to participate in any asset allocation service
provided by a third party.
We reserve the right to discontinue, modify or suspend Dollar Cost Averaging at
any time, following proper written notification to all Owners.
/s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ /s/ ▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇
Secretary President