G(
● Active
GMIB (Basebuilder Option)
Modified over 1 year ago
DTCC ID
—
RIDER TYPE
GMIB
COMPANY
—
INCEPTION
Oct 16, 1996
Identity
Name
GMIB (Basebuilder Option)
Internal name
GMIB (Basebuilder Option)
Company
—
Rider type
GMIB
DTCC Rider ID
—
Product policy type
—
Status
● Active
Inception date
Oct 16, 1996
Benefit description
The guaranteed minimum income benefit guarantees you a minimum amount of fixed income under your choice of a life annuity fixed payout option or an Income Manager level payment life with a period certain payout option. The maximum period certain available under the Income Manager payout option is 10 years.