Waiver of Withdrawal Charge
Product:
AdvisorDesigns Variable Annuity
Status:
Active
Internal name:
Sequence:
1
Rider select rule:
Optional
Participant based on:
Owner
Inception date:
Closed date:
States available:
State exceptions:
MA
Notes:
Benefit provides waiver of CDSC, in case of - 1) total and permanent disability prior to age 65, 2) confinement to nursing home, or 3) terminal illness.
When added:
Only at contract issue.
Cancellation / termination:
Once elected may not be cancelled.
Feature termination:
Once elected may not be terminated.
Feature cases
| Case name | Current charge (%) | Max charge (%) | Owner age (min–max) | Annuitant age (min–max) |
|---|---|---|---|---|
| Waiver of Withdrawal Charge | 0 |