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Variable Annuity
Rider bbes
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Nirmala
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● Terminated
IncomeDuo
Modified over 1 year ago
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DTCC ID
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RIDER TYPE
GLWB
COMPANY
—
INCEPTION
Dec 03, 2018
Details
BBE
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EEB
Multiplier
Bonus
Vesting
Rollup
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ABP
Edit Rider BBE
Identity
NAME
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INTERNAL CASE NAME
RIDER TYPE
*
GLWB
GMAB
GMIB
GMWB
PRODUCT POLICY TYPE
*
Fixed Annuity
Indexed Annuity
RILA
Variable Annuity
FORMULA
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Benefit Base
BENEFIT BASE — GENERAL
Rider is based on the benefit base, which is the amount used to calculate the rider income payments. Benefit base starts with the account value on the rider effective date and thereby increases with the rollup credits. The account value equals the value of fixed-indexed annuity, which includes purchase payments plus interest at rates determined by strategy selections.
BENEFIT BASE — WITHDRAWAL
Applicability
Contract Value
Fixed Account Value
Variable Account Value
Indexed Account Value
Accumulation Value
Purchase Payments
Earnings
Rollup Case Applicable
EEB Case Applicable
Floor Case Applicable
Reset Applicable
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