PP
● Terminated
Principal Protector Benefit
Modified 11 months ago
DTCC ID
—
RIDER TYPE
GLWB
COMPANY
—
INCEPTION
—
Identity
Name
Principal Protector Benefit
Internal name
Principal Protector Benefit
Company
—
Rider type
GLWB
DTCC Rider ID
—
Product policy type
—
Status
● Terminated
Inception date
—
Closed date
Sep 18, 2003
Age range
0 – 75
Benefit description
The rider provides a guaranteed return of principal with a reset. Benefit also offers two GWB Annual withdrawal options: (1) 5% GWB Annual Withdrawal Option; and (2) 7% GWB Annual Withdrawal Option.,Available if owner's age is 0-85 for NQ; 20-75 for IRA. Rider is not available, if owner are purchased the contract as a TSA or QP.