Flexible Withdrawal Rider
Product:
Allianz 222
Status:
Active
Waiver Type:
Hospital
Internal Name:
Sequence:
5
Inception Date:
2013-02-26
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:
State Exceptions:
ORG
Description:
Available after the contract anniversary for an additional cost. Withdrawal charges are waived off, if the owner or Annuitant is confined to a certified nursing home, assisted living facility, or hospital for a minimum of 30 consecutive days within any 35-day period. Payments will be distributed evenly over a selected duration ranging from 5 to 9 years.