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Variable Annuity
Rider resets
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Nirmala
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● Terminated
i4LIFE Advantage Guaranteed Income Benefit (Version 4)
Modified about 2 years ago
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DTCC ID
—
RIDER TYPE
GMIB
COMPANY
—
INCEPTION
Jan 20, 2015
Details
BBE
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EEB
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Bonus
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ABP
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NAME
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INTERNAL RESET NAME
RIDER TYPE
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GLWB
GMAB
GMIB
GMWB
PRODUCT POLICY TYPE
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Fixed Annuity
Indexed Annuity
RILA
Variable Annuity
RESET TYPE
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Dates
INCEPTION DATE
*
CLOSED DATE
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HAV APPLIES YEARS
NO. OF YEARS
HAV TERM
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Daily
Days
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Years
STEP UP %
STEP UP % BASIS
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NO. OF RESET
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FORMULA
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Notes
DESCRIPTION
RESET NOTE
Guaranteed Income Benefit will automatically step-up annually equal to 75% of regular income payment, if it results in greater Guaranteed Income Benefit for 5 years.
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