Beacon Data Entry
Variable Annuity Features

Extended Care Rider

Status: Active
Internal name:
Sequence: 1
Rider select rule: Optional
Participant based on: Owner
Inception date:
Closed date:
States available:
State exceptions:
Notes:

Rider provides access to the full contract value, without any CDSC in case of accident or illness, which requires an extended stay in a nursing home or hospital. Owner can access contract value for care that - 1) begins at least one year after the contract issue, 2) is provided by a qualified institution for at least 90 consecutive days and 3) owner is age 85 or younger.

Feature cases

Case name Current charge (%) Max charge (%) Owner age (min–max) Annuitant age (min–max)
Extended Care Rider 0