Beacon Data Entry
Variable Annuity Lifetime Income Benefit Rider
⌘K
LI
● Active

Lifetime Income Benefit Rider

Modified over 2 years ago
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DTCC ID —
RIDER TYPE GLWB
COMPANY —
INCEPTION Feb 01, 2007
Details BBE Reset EEB Multiplier Bonus Vesting Rollup Floor Charge ABP
Identity
Name
Lifetime Income Benefit Rider
Internal name
Lifetime Income Benefit Rider (Roll-up 6%)
Company
—
Rider type
GLWB
DTCC Rider ID
—
Product policy type
—
Status
● Active
Inception date
Feb 01, 2007
Age range
50 – 80
Benefit description

The rider provides principal protection and a stream of income measured by the Income Account Value (IAV). IAV is credited over time and grows in three different ways to help individuals reach their income goals and meet their lifestyle needs.