AIP From Fund

In order to perform cost averaging activities on a unit linked policy, two allocations must be set-up. The AIP From Fund allocation is used to select a source fund for amounts taken out of policy. The Automatic Investment Plan allocation is used to identify the target fund(s) the money will be directed to.

 

These allocations are set-up from the Allocation link in the Left Navigation menu. Once configured, use the Activity Detail window and the Allocations link to make changes. 

 

Note: Allocations cannot be changed in the Cost Averaging activity. They must be changed on the policy allocation before the activity processes. This applies to both source and target allocations.   

 

Steps to Identify Source and Target Allocations for Cost Averaging

  1. Open a policy.
  2. Click the Allocation link on the Left Navigation menu.
  3. Select the fund that will be designated as the source from the Fund drop down box.
  4. Enter an amount in the Amount field then scroll to the bottom of the screen and click Save. 

 

AIP From Fund Allocation option

Cost Averaging Source

 

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