Allocations Overview

The different investment choices inside the annuity are known as subaccounts.  Subaccounts are usually mutual funds or fixed savings options.  When establishing the policy, owners can choose what subaccounts they want their premiums to be invested into each time they make a premium payment.  These selections are called allocations.

Allocations can be set-up for different functions of a policy.  In the Product Templates, allocations are set-up for the following:

1. Future Allocations

2. Automatic Payment Program

3. Systematic Withdraw Program

4. Rebalancing Program

5. Dollar Cost Averaging Program

When Allocations is selected from the Left Navigation menu,  the Allocations screen will open.  Enter the following information for each type of allocation that applies to the policy:

• Number of funds

• Allocation method

• Equal amounts check box

• Funds

• Amounts

NOTE:  Make sure to click the Allocation Save button to save the allocation settings.
 

Future Allocations section on Allocation Screen