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Check the box as shown above, to Illustrate Systematic Allocation and enter the desired assumed rate. The assumed rate cannot be less than the guaranteed rate or exceed the rate set by the Company.
The Systematic Allocation Rider (SAR) can be used when a client has a single sum annual premium in which they wish to pay into a policy on a one time basis for the year. With the SAR, the single sum premium is not just tied to the point in the index on the date the premium is paid. Instead, the net premium is divided into 12 equal portions and allocated to the different index strategies according to the allocation instructions throughout the 12-month period.