Income Provider Option allows the policyholder to set up an income stream death benefit.
The Income Provider Option is intended to provide the chosen beneficiary(ies), up to 30 years after death, an income stream that can be paid on a monthly or annual basis. In addition to the guaranteed income stream payments, the policyholder can choose to include a lump sum death benefit that would be paid to their chosen beneficiary(ies) at the time of death.
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