Beacon Data Entry
Variable Annuity Products
⌘K

AdvanceDesigns Variable Annuity

Status: Terminated
Group: Security Benefit
Company: Security Benefit Life Insurance Company
Product Type: Variable Annuity
Product Status: Approved
Version: 0
Inception Date: May 17, 2002
Closed Date: February 01, 2010
Last Modified: October 07, 2020 13:57
Description:
Fee Based: No
Free Look: Yes
Plan Types: SEP IRA, IRA, 403 (b), Roth IRA, Non-Qualified
Premium Types: Flexible
States Available: AL, AK, AS, AZ, AR, CA, CO, CT, DE, DC, FL, GA, GU, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VT, VI, VA, WA, WV, WI, WY
States Exception:
Version Note:

Changes in investment options - Closure and Liquidation.; Changes in underlying fund options - New Addition & Closure.; This supplement doesn't bring any important change to the most recent contract data profile.; Change in underlying fund options - Name Change.; Change in underlying fund options - Closure.; Change in underlying fund options - Name Change.; Change in underlying fund options - Name Change.; Change in underlying fund options - Name Change.; Change in underlying fund options - Name Change.; This supplement doesn't bring any important change to the most recent contract data profile.; Change in underlying fund options - Name Change.; This supplement doesn't bring any important change to the most recent contract data profile.; Change in underlying fund options - Name Change.; This supplement doesn't bring any important change to the most recent contract data profile.
Scrap Book:

Product closed, introduction and closed date entred as per issuer mail, sub - FW: Variable Annuity State Availability - Security Benefit.

Death benefits

Name Internal name Sequence Inception date
Basic Death Benefit Basic Death Benefit 1
Annual Stepped Up Death Benefit Annual Stepped Up Death Benefit 2
Guaranteed Growth Death Benefit Guaranteed Growth Death Benefit 3
Enhanced Death Benefit Enhanced Death Benefit 4
Combined Enhanced and Annual Stepped Up Death Benefit Combined Enhanced and Annual Stepped Up Death Benefit 5
Combined Enhanced and Guaranteed Growth Death Benefit Combined Enhanced and Guaranteed Growth Death Benefit 6
Combined Enhanced, Annual Stepped Up and Guaranteed Growth Death Benefit Combined Enhanced, Annual Stepped Up and Guaranteed Growth Death Benefit 7
6% Dollar for Dollar Guaranteed Minimum Income Benefit and Guaranteed Minimum Death Benefit 6% Dollar for Dollar Guaranteed Minimum Income Benefit and Guaranteed Minimum Death Benefit 8
Total Protection - Guaranteed Growth Death Benefit at 5% Total Protection - Guaranteed Growth Death Benefit at 5% 9
Combined Annual Stepped Up and Guaranteed Growth Death Benefit Combined Annual Stepped Up and Guaranteed Growth Death Benefit 10

Riders

Name Rider type Internal name Sequence Inception date
6% Dollar for Dollar Guaranteed Minimum Income Benefit GMIB 6% Dollar for Dollar Guaranteed Minimum Income Benefit
6% Dollar for Dollar Guaranteed Minimum Income Benefit and Guaranteed Minimum Death Benefit GMIB 6% Dollar for Dollar Guaranteed Minimum Income Benefit and Guaranteed Minimum Death Benefit
Guaranteed Minimum Income Benefit GMIB Guaranteed Minimum Income Benefit
Guaranteed Minimum Withdrawal Benefit GLWB Guaranteed Minimum Withdrawal Benefit
Total Protection - Guaranteed Minimum Accumulation Benefit GMAB Total Protection - Guaranteed Minimum Accumulation Benefit
Total Protection - Guaranteed Minimum Withdrawal Benefit GLWB Total Protection - Guaranteed Minimum Withdrawal Benefit
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