Nursing home confinement waiver adds flexibility (not available in South Dakota)
In all states but Florida:
With the exception of life income options, income options are available from 5 to 20 years. Choose from:
For the rider, the term “covered individual” is the annuitant on the contract. If the covered individual becomes confined to a qualified nursing care center (skilled nursing facility or residential care facility for the elderly in California), as defined in the rider, up to 100% of your accumulation value without a surrender charge or MVA, if applicable, as long as you meet the eligibility requirements of this rider. If 100% of the accumulation value is taken, it will be considered a full surrender. This rider is automatically included with your annuity at no additional charge. If joint annuitants are named on the annuity, the waiver rider will apply to the first annuitant who qualifies for the benefit, but not both.
• Income for a specified period • Income for a specified amount • Life income with a period certain • Life income • Joint and survivor life income
For Florida: You may select an annuity payout option based on the accumulation value at any time after the first contract year. The following options are available: • Life income • Life income with a 10-year or 20-year period certain • Joint and survivor life income • Joint and survivor life income with a 10-year or 20-year period certain
28832Y
11
REV 1-24
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