Waiver
Product:
American Freedom Elevate 3
Status:
Closed
Waiver Type:
Long Term Care
Internal Name:
Sequence:
Inception Date:
2023-04-10
Closed Date:
2025-06-02
Max Age at Issue:
Min Age to Elect:
Max Age to Elect:
Min Balance to Elect:
Max Withdrawal Amount:
Max Benefit Elect:
Waived Upto:
Waived Upto Value:
States Available:
State Exceptions:
Description:
Available after the first contract year. Surrender charges are waived, if confined for at least 90 consecutive days. In California, the Extended Care Waiver Rider has been replaced with the Waiver of Early Withdrawal Charges for Facility Care or Home Care or Community-Based Services Rider, which provides for a waiver of early withdrawal charges under an expanded variety of circumstances. Not available in MA.