Beacon Data Entry
Variable Annuity Protected Income Value
PI
● Active

Protected Income Value

Modified 6 months ago
DTCC ID
RIDER TYPE GLWB
COMPANY
INCEPTION Feb 26, 2013
Name
Protected Income Value
Internal name
Protected Income Value (EEB - 150%)
Company
Rider type
GLWB
DTCC Rider ID
Product policy type
Status
● Active
Inception date
Feb 26, 2013
Age range
0 – 80

Rider provides income for life, with an opportunity to increase the Benefit Base by Interest Bonus and Premium Bonus. Post withdrawals, benefit base has potential to increase by any interest credited to the account, in addition to the Interest Bonus. Additionally, rider also includes an Allianz Income Multiplier Benefit, that doubles the lifetime withdrawal amount, if confined to a qualified hospital, nursing home or assisted living facility. or be unable to perform two of the six activities of daily living (ADLs) or severe cognitive impairment (state of California only).

Change in benefit base bonus