Beacon Data Entry
Variable Annuity Spousal Lifetime Five Income Benefit
SL
● Terminated

Spousal Lifetime Five Income Benefit

Modified 9 months ago
DTCC ID
RIDER TYPE GLWB
COMPANY
INCEPTION
Name
Spousal Lifetime Five Income Benefit
Internal name
Spousal Lifetime Five Income Benefit
Company
Rider type
GLWB
DTCC Rider ID
Product policy type
Status
● Terminated
Inception date
Closed date
Dec 15, 2008
Age range
55

The rider provides a guaranteed annual lifetime withdrawal benefit equal to a percentage of the initial benefit base for the lives of two spouses. Lifetime Withdrawals can begin at any time.,Initial Protected Withdrawal Value is determined as of the date first withdrawal is made under the Annuity following the election of Lifetime Five.