Beacon Data Entry
Variable Annuity Features

Flexible Withdrawal Benefit

Product: Allianz 365i
Status: Active
Internal name:
Sequence: 1
Rider select rule: Optional
Participant based on: Owner
Inception date:
Closed date:
States available:
State exceptions:
Notes:

This is an optional that gives additional access to the money. Rider provides a one time lum-sum payment, upto full contract value, without CDSC. Owner should become confined, after the first contract year 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 for the rider.

Feature cases

Case name Current charge (%) Max charge (%) Owner age (min–max) Annuitant age (min–max)
Flexible Withdrawal Benefit 0