We may, at any time, defer payment of any Surrender or Withdrawal of amounts held in the Fixed Rate Strategy or allocated to the Index Segments for up to six months after we receive a request for it, contingent upon written approval by the insurance supervisory official in the jurisdiction in which this Contract is issued.

Value of the Fixed Rate Strategy

You must specify the Fixed Rate Strategy, Index Segments and/or Subaccounts to which the transfers are to be made;

Except as otherwise noted in the preceding paragraph, Additional Premium, if accepted, will be allocated among the available Fixed Rate Strategy, Subaccounts and/or Index Segments according to the most recent allocation instructions you have provided to us. See [[Sections 4.3, 4.4 and 4.5]5]5]]5]5].

During any period after we receive Notice to Us of Proof of Death and all required claim forms, the Death Benefit will remain allocated to the Fixed Rate Strategy, Index Segments and/or Subaccounts in the same proportion as on the date of death. Such allocations will continue to operate as if the death had not occurred, except that:

You may allocate the Premium among the available Fixed Rate Strategy, Subaccounts and Index Segments, subject to the restrictions described below. We reserve the right to allocate the Premium received before expiration of the Right to Examine Period to the Interim Segment. If we do so, upon expiration of the Right to Examine Period, the value of the Interim Segment will be allocated in accordance with your instructions.

You may elect, by providing Notice to Us, that all or a portion of your Premium or Accumulation Value be invested in the Interim Segment from which we will automatically transfer a scheduled portion of such Premium or Accumulation Value to the Fixed Rate Strategy, if available, and one or more of the Index Segments and/or Subaccounts, on a monthly basis over a period not to exceed 12 months. Your right to elect dollar cost averaging is subject to the following:

Allocation Date means the date on which each Premium or Subaccount value or Index Segment value is first invested in the Fixed Rate Strategy.

The reallocation of value to or from the Fixed Rate Strategy will result in a pro-rata increase or decrease of the Fixed Rate Strategy Minimum Guaranteed Value in the same proportion as the value being reallocated bears to the total value of the Fixed Rate Strategy. A Withdrawal or Surrender from the Fixed Rate Strategy will result in a dollar for dollar reduction of the Fixed Rate Strategy Minimum Guaranteed Value equal to the amount withdrawn or surrendered.

We established and administer each separate account according to the laws and applicable regulations of Connecticut, our state of domicile. Although each separate account supporting the Fixed Rate Strategy and the Index Segments under the Contract is registered with the Securities and Exchange Commission (“SEC”) under the Securities Act of 1933, as amended, we are not required to also register the separate account with the SEC under the Investment Company Act of 1940.