Make our annuity your annuity

You can customize your annuity with several options, waivers and riders. A rider is an addition or amendment to your annuity. It provides different benefits which allow you and your Aviva agent to customize your annuity to your life.

Checkbook Access Withdrawal
You can request withdrawals from your Aviva annuity using the checkbook access withdrawal feature. Your first two checkbook withdrawals each contract year are not subject to a service fee. However excess withdrawals are subject to surrender charges. Ask your agent about availability.

Lifetime Income
This optional LifetimePay^SM rider can provide you with guaranteed lifetime withdrawals from your annuity account while maintaining control of your principal.

Early Income Option
After the first contract year, the value of your annuity may be used to purchase a single premium immediate annuity.

Guaranteed Purchase Option
Anytime after the 10th contract year, a 10% income bonus will be credited to the value of your annuity if, under this Option, you elect to begin receiving income payments utilizing an income payment option with a guaranteed period of at least 10 years. The income bonus is based on the amount of any remaining first year premium. This income bonus is not applicable to income rider withdrawals. Availability may vary, so check with your Aviva agent to see if you can take advantage of the Guaranteed Purchase Option.

Nursing Home Waiver
After the first contract year, you can withdraw up to 100% of the value of your annuity without incurring a withdrawal charge or MVA if you are confined in a qualified care facility. Subject to limitations. Check with your local Aviva agent.

Home Health Care Waiver
Each contract year after the first contract year, you can withdraw up to 20% of the annuity’s prior contract anniversary accumulated value without incurring a withdrawal charge or MVA if you need qualified home health care services. Subject to limitations.

Terminal Illness Waiver
After the first contract year, you can withdraw up to 100% of the value of your annuity without incurring a withdrawal charge or MVA if you are diagnosed with a terminal illness. Subject to limitations.

Withdrawal charges and MVA are imposed retroactively if the contract is surrendered within 12 months of a free withdrawal. Withdrawals may be subject to ordinary income tax and may be subject to a 10% IRS tax penalty if taken prior to age 59 1/2. Withdrawals may also forfeit potential interest credits and if taken during the withdrawal charge period may result in the loss of principal.

Benefits may not be available in all states. In Texas, these benefits are available in the first contract year; and in Pennsylvania, the Terminal Illness Waiver is referred to as the Terminal Condition Waiver.

Aviva does not authorize its agents, employees or representatives to give legal, tax or accounting advice. The information contained herein is our understanding of the current laws as they relate to annuities. These laws are subject to change in the future. Please consult your personal advisor for any tax, legal or accounting advice to determine if a single premium immediate annuity or a deferred annuity is right for you.

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