Annuitization Bonus
Active
ID:
4
Internal Name:
Bonus Type:
Premium Bonus
Policy Type:
2
Rider Select Rule:
2
Based On Life:
1
Inception Date:
Closed Date:
Description:
If annuitization begins four or more years after the policy issue date, a 2% interest rate bonus will be added to the accumulated value, provided the election is a life contingent income option or payments are spread over at least 10 years. Not available in Nevada, Utah and Washington.
Account Value:
false
Benefit Base:
false
Increases CDSC:
false
Cumulative Based:
false
States Available:
State Exceptions:
Term Opt Termination:
Term Opt Cancellation:
Scrap Book: