TG
● Terminated
Traditional Guaranteed Minimum Income Benefit
Modified about 16 years ago
DTCC ID
—
RIDER TYPE
GMIB
COMPANY
—
INCEPTION
—
Identity
Name
Traditional Guaranteed Minimum Income Benefit
Internal name
Traditional Guaranteed Minimum Income Benefit
Company
—
Rider type
GMIB
DTCC Rider ID
—
Product policy type
—
Status
● Terminated
Inception date
—
Closed date
May 01, 2010
Benefit description
Benefit guarantees minimum level of future income regardless of investment performance of underlying investment options, depending upon selected annuity option. Benefit base is equal to total purchase payments adjusted for withdrawals. GMIB Payments are not available under partial annuitization.