Q: What are Guaranteed Lifetime Benefits (GLIBs)?
A: This is a general category of Contract Benefits. Benefits in this category include:
A: This is a general category of Contract Benefits. Benefits in this category include:
- Guaranteed Minimum Income Benefit (GMIB)
- Guaranteed Minimum Accumulation Benefit (GMAB)
- Guaranteed Minimum Withdrawal Benefit (GMWB)
- Guaranteed Life Withdrawal Benefit (GLWB)