IP
● Terminated
Income Protector
Modified 12 months ago
DTCC ID
—
RIDER TYPE
GLWB
COMPANY
—
INCEPTION
Oct 04, 2016
Identity
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
Apr 24, 2020
Age range
0 – 80
Benefit description
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.