Beacon Data Entry
Basic Death Benefit
BD
● Active

Basic Death Benefit

Genworth Life Insurance Company of New York
DTCC ID
COMPANY Genworth Life Insurance Company of New York
INCEPTION
CLOSED
Benefit name
Basic Death Benefit
Internal benefit name
Basic Death Benefit
Status
● Active
Inception date
Closed date
Benefit description
During accumulation phase, upon death of owner/annuitant, benefit will be equal to the contract value. During Income phase, benefit will depend on the type of payout chosen by the owner; Issuer will pay the remaining contract value, if any. If a life income only has chosen, all payments stop upon the annuitant's death.