LP
● Active
Lincoln ProtectedPay Select Max
Modified 3 months ago
DTCC ID
—
RIDER TYPE
GLWB
COMPANY
—
INCEPTION
Nov 28, 2022
Identity
Name
Lincoln ProtectedPay Select Max
Internal name
Lincoln ProtectedPay Select Max
Company
—
Rider type
GLWB
DTCC Rider ID
—
Product policy type
—
Status
● Active
Inception date
Nov 28, 2022
Age range
85
Benefit description
The rider provides a consistent lifetime income with growth potential through a set of investment choices.,Rider is available for purchase with a variable annuity contract if the purchase payment or contract value (if purchased after the contract is issued) is at least $25,000. After the first rider anniversary, cumulative additional purchase payments into the contract will be limited to an amount equal to $100,000.
Scrap book
The participant in the state of Maryland must be at least the age of 58 to elect this rider.