5F
● Terminated
5 for Life Benefit
Modified over 5 years ago
DTCC ID
—
RIDER TYPE
GLWB
COMPANY
—
INCEPTION
—
Identity
Name
5 for Life Benefit
Internal name
5 for Life Benefit
Company
—
Rider type
GLWB
DTCC Rider ID
—
Product policy type
—
Status
● Terminated
Inception date
—
Age range
0 – 90
Benefit description
Rider provides a guaranteed lifetime income.,After 3rd rider anniversary, annuitant may elect to step-up the benefit base equal to contract value until age 90, upon step-up, Issuer will terminate current benefit and issue a new benefit with new rider date and rider fee percentage.