Rate Integrity Rider
Product:
American Equity AssetShield BONUS 10
Status:
Closed
Internal name:
Sequence:
1
Rider select rule:
Optional
Participant based on:
Owner
Inception date:
2023-03-15
Closed date:
2024-10-03
States available:
State exceptions:
Notes:
This rider allows for a waiver of surrender charges upon termination of the annuity contract. During the waiver election period, surrender charges will be waived if the declared cap or participation rate for any credited strategy included in the Rate Integrity Rider that is less than or equal to the surrender charge waiver rate. The surrender charge waiver rate for each crediting strategy is determined at the date of purchase.
Feature cases
| Case name | Current charge (%) | Max charge (%) | Owner age (min–max) | Annuitant age (min–max) |
|---|---|---|---|---|
| Rate Integrity Rider | 0 |