A lifetime income benefit rider
(LIBR), while similar, is a rider pursuant to which the annuity carrier agrees to pay income over the client's lifetime in the form of an annuity.
Do not add a lifetime income benefit rider
to every annuity you offer, and do not place 100 percent of your clients' assets into annuities.
A single premium fixed indexed annuity with an optional Guaranteed Lifetime Income Benefit rider
, Phoenix Personal Retirement ChoiceSM, has been launched by The Phoenix Companies, Inc.
I am not securities licensed so my sales of annuities that feature the Lifetime Income Benefit Rider
have all been "fixed annuities.
COM 888-221-1234 Product name Bonus gold Availability All states except AK CT DE MN OK OR UT WA Maximum issue age 80 (Q); 85 (NQ) Minimum purchase $5,000 Crediting method 9 different crediting methods available Minimum 80% of 1st year premiums & premium bonus, guaranteed rate compounded annually at MGIR (Currently 3%) Available riders Lifetime income Benefit rider
, nursing Care rider, Terminal illness rider Unique features True 10% Premium Bonus (for issue ages 0-80, 5% for 81-85); Full Contract value Upon Death.
The Nationwide High Point 365 Lifetime Income Benefit rider
helps clients meet their retirement income needs, and the Nationwide High Point Enhanced Death Benefit rider provides legacy planning options.