IP
● Terminated
Investment Plus
Modified over 4 years ago
DTCC ID
—
RIDER TYPE
GLWB
COMPANY
—
INCEPTION
Apr 11, 2011
Identity
Name
Investment Plus
Internal name
Investment Plus
Company
—
Rider type
GLWB
DTCC Rider ID
—
Product policy type
—
Status
● Terminated
Inception date
Apr 11, 2011
Closed date
Jan 03, 2012
Age range
80
Benefit description
Rider provides guaranteed lifetime income payments called Lifetime Plus Payments.,Contract Value on the rider effective date must be at least $10,000 (or $25,000 if you also selected the No Withdrawal Charge Option). Joint Lifetime Income Payments are not available if there is more than a 30-year age difference between Covered Persons.
Scrap book
Upon selection of the No Withdrawal Charge Option, owner can only remove Investment Plus if issuer increase the rider charge.