The typical death benefit rider today promises the beneficiary the greatest of either the current contract value, its highest value on the date of the contract anniversary or a value based on
a guaranteed hypothetical rate of growth.
Not exact matches
The
hypothetical rates of return shown in this chart are not
guaranteed and should not be viewed as indicative of the past or future performance of any particular investment.
The assumed
rate of return in the
hypothetical example has been provided solely for illustrative purposes and is not
guaranteed.
She allocates the proceeds among several different subaccounts within the contract and purchases an enhanced living benefit rider that
guarantees a
hypothetical growth
rate of 6 % per year.
The living benefit riders will pay out a
guaranteed stream of income that is based upon a
hypothetical guaranteed rate of growth from the subaccounts.