LG
● Terminated
Living Guarantees - Guaranteed Withdrawal Benefit
Modified over 12 years ago
DTCC ID
—
RIDER TYPE
GLWB
COMPANY
—
INCEPTION
—
Identity
Name
Living Guarantees - Guaranteed Withdrawal Benefit
Internal name
Living Guarantees - Guaranteed Withdrawal Benefit
Company
—
Rider type
GLWB
DTCC Rider ID
—
Product policy type
—
Status
● Terminated
Inception date
—
Closed date
Mar 13, 2009
Benefit description
Guaranteed Withdrawal Benefit is part of Living Guarantees. Benefit provides benefit provides a guaranteed income through partial withdrawals, regardless of contract value. The GWB withdrawals are not available before the third contract anniversary.,Owner may elect either a Contract with Living Guarantees or a Contract without Living Guarantees. If no election is made, the Living Guarantees will apply to the Contract.