Nursing Home Waiver
Product:
10% Bonus PowerDex Elite
Status:
Active
Waiver Type:
Nursing Home
Internal Name:
Sequence:
4
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,CT,DC,DE,FL,GA,HI,IA,ID,IL,IND,KS,KY,LA,MA,MD,MI,MN,MO,MS,MT,MZ,NC,ND,NE,NH,NJ,NM,NV,OH,OK,PA,RI,SC,SD,TN,TX,VA,VT,WI,WV,WY
State Exceptions:
Description:
This Benefit is available after the first policy year. Should the policyholder enter a nursing home or hospital for at least 30 out of 35 consecutive days, the accumulated value is available for distribution over a period no less than 5 years and no more than 9 years. Availability may vary by state.