Nursing Home Waiver
Product:
Allianz Core Income 7
Status:
Active
Waiver Type:
Nursing Home
Internal Name:
Sequence:
4
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:
100
Waived Upto Value:
States Available:
AL,AK,AZ,AR,CA,CO,CT,DE,DC,FL,GA,HI,ID,IL,IND,IA,KY,LA,MZ,MD,MI,MN,MS,MO,MT,NE,NV,NH,NM,NC,ND,OH,OK,ORG,RI,SC,SD,TN,TX,UT,VT,VA,WA,WV,WI,WY
State Exceptions:
KS,MA,NJ,PA
Description:
This benefit is available after the first contract year. Should the contract holder enter an eligible nursing home or hospital for at least 30 out of 35 consecutive days, the accumulation value is available for distribution over a period no less than 5 years and no more than 9 years. Availability may vary by state.