Question: What inflation options exist for the “new” Asset Care?
Answer: The inflation options that are offered are 3% compound and 5% compound for both the base and continuation of benefit rider (COB). Inflation can also be either lifetime or 20 years in duration.
When inflation is elected for the base, that same inflation rate is required for the COB.
Inflation, as in the past, is available on only the COB with the base remaining level. It is never available on the base alone.
As with all of Asset Care, the premium for this rider is guaranteed.