IP
● Terminated
Income Protector (07.16)
Modified 12 months ago
DTCC ID
—
RIDER TYPE
GLWB
COMPANY
—
INCEPTION
Jul 05, 2016
Identity
Name
Income Protector (07.16)
Internal name
Income Protector (07.16)
Company
—
Rider type
GLWB
DTCC Rider ID
—
Product policy type
—
Status
● Terminated
Inception date
Jul 05, 2016
Closed date
Aug 01, 2016
Age range
0 – 80
Benefit description
Rider provides guaranteed lifetime income payments called Lifetime Plus Payments that can begin once the minimum exercise age is met, or as late as age 90.,Contract Value on the rider effective date must be at least $10,000. Income Protector is not available if contract ever included Income Focus. If Quarterly Value Death Benefit is elected owner must also select Income Protector or Investment Protector at issue.