AdvisorDesigns Variable Annuity
Status:
Terminated
Group:
Security Benefit
Product Type:
Variable Annuity
Product Status:
Approved
Version:
0
Inception Date:
December 19, 2000
Closed Date:
Last Modified:
August 08, 2020 11:15
Description:
Fee Based:
No
Free Look:
Yes
Plan Types:
403 (b), SEP IRA, IRA, 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.; Change in underlying fund options - Name Change.; Change in underlying fund options - Closure.
Scrap Book:
Introduction 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 | |
| Annual Stepped Up Death Benefit Beyond Age 80 (Florida only) | Annual Stepped Up Death Benefit Beyond Age 80 (Florida only) | 11 | |
| Return of Premium Beyond Issue Age 80 Death Benefit (Florida only) | Return of Premium Beyond Issue Age 80 Death Benefit (Florida only) | 12 |
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 |