Death Waiver
Product:
Allianz 365i
Status:
Active
Waiver Type:
Death
Internal Name:
Sequence:
2
Inception Date:
2012-01-31
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:
AL,AK,AZ,AR,CA,CO,CT,DE,FL,GA,HI,ID,IL,IND,IA,KS,KY,LA,MZ,MD,MA,MI,MN,MS,MO,MT,NE,NV,NH,NJ,NM,NC,ND,OH,OK,ORG,PA,RI,SC,SD,TN,TX,UT,VT,VA,WA,WV,WI,WY,DC
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.