Beacon Data Entry
Variable Annuity Income Protector
IP
● Terminated

Income Protector

Modified 12 months ago
DTCC ID
RIDER TYPE GLWB
COMPANY
INCEPTION Oct 04, 2016
Name
Income Protector
Internal name
Income Protector
Company
Rider type
GLWB
DTCC Rider ID
Product policy type
Status
● Terminated
Inception date
Oct 04, 2016
Closed date
Mar 02, 2020
Age range
0 – 80

Rider provides guaranteed lifetime income payments called Lifetime Plus Payments that can begin once the minimum exercise age 60 is met, or as late as age 90.,Owner may elect to take actual payment as less than the annual maximum lifetime plus payment, thereby not availing the opportunity of payment increase in the next benefit year.