Unemployment Benefit Rider
Product:
Allianz Core Income 7
Status:
Active
Waiver Type:
Unemployment
Internal Name:
Sequence:
5
Inception Date:
2013-11-18
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:
10
Waived Upto Value:
States Available:
AL,AK,AZ,AR,CA,CO,CT,DE,DC,GA,HI,ID,IL,IND,IA,KS,KY,LA,MZ,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:
FL,MD,MA
Description:
This Benefit is available after first contract year. The benefit let the contract owner take a one-time surrender of up to 10% of the total premium in addition to the free surrender available under the base contract if the contract owner becomes unemployed.