Terminating the IBR The IBR can be terminated upon your request, but once terminated, it cannot be restarted. It automatically terminates in the event of:
Death of first contract owner, unless spousal continuation is elected
Full surrender
Annuitization 9
C ontract ownership change other than a spousal continuation or the addition of a spousal joint owner
Excess withdrawals that reduce the Accumulation Value to zero
Want to learn more about MarketValue Index ® ? This brochure includes only a summary of the product. Availability and certain features and benefits may vary by state. Ask your agent/producer for complete contract provisions and details before purchasing.
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