Nursing Home Benefit
Product:
Allianz Accumulation Advantage 10
Status:
Active
Waiver Type:
Nursing Home
Internal Name:
Sequence:
1
Inception Date:
2018-02-27
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,DC,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
State Exceptions:
Description:
The Nursing Home Benefit allows the owner the opportunity to take the contract accumulation value as annuity payments over at least five years if, after the first contract year, they enter a qualifying nursing home or hospital, or any combination of the two, for 30 out of 35 consecutive days. There is no additional cost for this rider.