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Variable Annuity
Rider resets
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Nirmala
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● Terminated
Guaranteed Minimum Income Benefit II - Custom Selection
Modified almost 2 years ago
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DTCC ID
—
RIDER TYPE
GMIB
COMPANY
—
INCEPTION
Apr 30, 2012
Details
BBE
Reset
EEB
Multiplier
Bonus
Vesting
Rollup
Floor
Charge
ABP
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Identity
NAME
*
INTERNAL RESET NAME
RIDER TYPE
*
GLWB
GMAB
GMIB
GMWB
PRODUCT POLICY TYPE
*
Fixed Annuity
Indexed Annuity
RILA
Variable Annuity
RESET TYPE
*
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Automatic
Both
Manual
Dates
INCEPTION DATE
*
CLOSED DATE
Reset Details
HAV APPLIES YEARS
NO. OF YEARS
HAV TERM
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Age
Contract Year
Daily
Days
Monthly
Months
Quarterly
Semi-Annually
Years
STEP UP %
STEP UP % BASIS
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Account Value
Accumulation Value
Benefit Base
Earnings
Fixed Account Value
Indexed Account Value
Interest Bonus
Others
Purchase Payments
Variable Account Value
SIMPLE / COMPOUND
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Compound
Simple
NO. OF RESET
RESET TERM
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Age
Contract year
Days
Months
Years
FORMULA
— None —
Notes
DESCRIPTION
RESET NOTE
Owner may elect; one of the 3 options - 1) One-time reset option, 2) Automatic annual reset program, or 3) Automatic customized reset program; to step-up benefit base equal to contract value on each contract anniversary until age 85.
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