Terminal Illness Waiver
Product:
Accumulation Protector Plus
Status:
Active
Waiver Type:
Terminal Illness
Internal Name:
Sequence:
2
Inception Date:
2020-08-31
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,AZ,AR,CO,FL,GA,HI,ID,IL,IND,IA,KS,KY,LA,MD,MN,MS,MT,NE,NV,NM,NC,ND,OH,OK,ORG,PA,RI,SC,SD,TX,UT,WA,WY
State Exceptions:
CA
Description:
After the first Contract Year, withdrawals may be taken without charges, MVA, or loss of non-vested bonus if the participant is diagnosed with a terminal illness (life expectancy of 12 months or less), subject to physician certification and eligibility conditions.