IP
● Terminated
Income Protector (07.12)
Modified about 2 years ago
DTCC ID
—
RIDER TYPE
GLWB
COMPANY
—
INCEPTION
Apr 30, 2012
Identity
Name
Income Protector (07.12)
Internal name
Income Protector (07.12)
Company
—
Rider type
GLWB
DTCC Rider ID
—
Product policy type
—
Status
● Terminated
Inception date
Apr 30, 2012
Closed date
Oct 12, 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).
Scrap book
Upon selection of the No Withdrawal Charge Option, owner can only remove Investment Plus if Issuer increase the rider charge.