Death
Product:
5% Bonus PowerDex Elite
Status:
Active
Waiver Type:
Death
Internal Name:
Sequence:
1
Inception Date:
2006-03-29
Closed Date:
Max Age at Issue:
Min Age to Elect:
Max Age to Elect:
Min Balance to Elect:
Max Withdrawal Amount:
Max Benefit Elect:
Waived Upto:
100
Waived Upto Value:
States Available:
AK,AL,AR,AZ,CA,CO,DC,DE,FL,GA,HI,IA,ID,IL,IND,KS,LA,MA,MD,MI,MN,MO,MS,MT,MZ,NC,ND,NE,NH,NJ,NM,NV,OH,OK,RI,SC,SD,TN,TX,VA,VT,WI,WV,WY
State Exceptions:
Description:
Annuitization value if taken for a minimum 5-year period. If taken as a lump sum, the death benefit is the greater of (a) or (b), where: (a) is the Premium paid minus Partial Surrenders minus Systematic Withdrawal of Credit payments, or (b) is the Cash Value.