This is a surrender charge that is levied on additional investments to a variable-product investment. Surrender charges are levied by the insurance company when an investor withdraws money in excess of the acceptable amount before the specified date. Where a dash appears, there is no surrender charge. "No" indicates no rolling charge, and "Yes" indicates a rolling charge. Note: Insurance companies may levy an initial surrender charge but no rolling surrender charge, which is only applied to additional investments into the contract. This is why you'll often see a maximum surrender charge listed in Research View but no rolling surrender charge.
Benefits
Variable-life policies generally feature both full and partial surrender charges. Full, partial, and rolling charges are denoted in Morningstar Advisor Workstation.
Origin
This information is taken directly from the contract's prospectus.
For the Pros
The charge is assessed against each premium payment and declines accordingly. Rolling charges are often imposed on a first-in, first-out basis, however, meaning that the first money invested is the first withdrawn.