Waiver
Product:
American Freedom Elevate 7
Status:
Closed
Waiver Type:
Terminal Illness
Internal Name:
Sequence:
Inception Date:
2018-02-26
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 owner is diagnosed with a terminal illness and having a life expectancy of 12 months or less. This waiver is not available in the state of Massachusetts.