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

Lifetime Income Benefit Rider with Wellbeing benefit

Modified 11 months 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 with Wellbeing benefit
Internal name
Lifetime Income Benefit Rider with Wellbeing benefit (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 a lifetime stream of income measured by the Income Account Value (IAV). IAV is credited over time and grows to help individuals reach their income goals and meet their lifestyle needs.