AXA Equitable Life Insurance Company is offering a new rider available with its Accumulator variable annuity that provides for a minimum 200% benefit base guarantee.

The catch: No withdrawals can be taken during the first 10 years of the contract or until age 70, whichever is later.

The Accumulator also offers a guaranteed withdrawal benefit for life rider that allows the owner to receive a minimum amount of money every year for life, regardless of the stock market’s performance. The guaranteed withdrawal percentage, determined by the owner’s age at the time of the first withdrawal, can range from 4% to 7% of the benefit base.