Flexible Withdrawal Rider
Product:
Allianz 360
Status:
Active
Internal name:
Sequence:
1
Rider select rule:
Mandatory
Participant based on:
Owner
Inception date:
Closed date:
States available:
State exceptions:
MA, SD
Notes:
Rider provides a one time lump sum payment, up to full contract value, without CDSC and MVA adjustments. After the first contract anniversary, if the owner is confined, to an eligible nursing facility, assisting living facilities or hospital for 30 days out of 35 consecutive days.
When added:
Only at contract issue.
Scrap book:
Issuer applies an additional charge 0.000833% of accumulation value for the rider.
Feature cases
| Case name | Current charge (%) | Max charge (%) | Owner age (min–max) | Annuitant age (min–max) |
|---|---|---|---|---|
| Flexible Withdrawal Rider | 0 |