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Nirmala
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Talcott Resolution Life Insurance Company
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MAV/EPB Death Benefit
Edit Death Benefit
Death Benefit
Benefit Name
Internal Benefit Name
Inception Date
Closed Date
Rider Select Rule
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Mandatory
Optional
Based On Life
Annuitant
Owner
Owner (or Annuitant if owner is a natural entity)
Owner (or Annuitant if owner is a non-natural person)
Owner and Annuitant
Min Age
Max Age
Waiting Period
Waiting Term
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Age
Contract year
Days
Months
Years
Version Begin Date
Maximum Benefit Base
Maximum Benefit Base %
With Reduce Benefit Base
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Dollar for Dollar
Proportionally
DTCC Rider ID
Notes
Version Note
Benefit Description
Available during accumulation phase. Upon death of owner or annuitant, if the rider is elected with the Asset Protection Death Benefit, the Death Benefit will be the greatest of: (1) the Asset Protection Death Benefit; (2) the total Premium Payments made, adjusted for any partial surrenders; (3) the Maximum Anniversary Value; or (4) the Earnings Protection Benefit. If elected with the Premium Protection Death Benefit, the Death Benefit will be the greatest of: (1) the Premium Protection Death Benefit; (2) the Maximum Anniversary Value; or (3) the Earnings Protection Benefit. The Earnings Protection Benefit equals the Contract Value on the date due proof of death is received, plus 40% of the Contract gain if the oldest individual is age 69 or under, and 25% if the oldest is between age 70 to 75. for states of ny and wa Upon death of owner or annuitant, if the rider is elected with the Asset Protection Death Benefit, the Death Benefit will be the greatest of: (1) the Asset Protection Death Benefit; (2) the total Premium Payments made, adjusted for any partial surrenders; or (3) the Maximum Anniversary Value; . If elected with the Premium Protection Death Benefit, the Death Benefit will be the greatest of: (1) the Premium Protection Death Benefit; or (2) the Maximum Anniversary Value. The MAV/EPB Death Benefit is not available for Contracts issued in New York, Minnesota or Washington.
Other Info
Cancellation
Once elected may not be cancelled.
Termination
Once elected may not be cancelled.
Available When Added
No longer available for new purchases.
Effect Change Ownership
Issuer will recalculate benefit amount upon change in ownership.
Exclude Premium Bonus
Terminated
Single Life
Joint Life
Spousal Continuation Option
Spousal Continuation Option
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