BD
● Active
Basic Death Benefit
Jackson National Life Insurance Company
DTCC ID
—
COMPANY
Jackson National Life Insurance Company
TYPE
Indexed Annuity
INCEPTION
Mar 12, 2018
Identity
Benefit name
Basic Death Benefit
Internal benefit name
Basic Death Benefit
Product policy type
Indexed Annuity
Status
● Active
Sequence
1
Inception date
Mar 12, 2018
Closed date
—
DTCC Rider ID
—
Last modified
Sep 26, 2025
Life & Age
Based on life
Owner
Single life
No
Joint life
No
Min age
—
Max age
—
Rider select rule
Mandatory
Waiting period
—
Waiting term
—
Benefit Base
Maximum benefit base
—
Maximum benefit base %
—
With reduce benefit base
—
Subsequent premium
—
Partial withdrawals
—
Required min distributions
—
Coverage Flags
Exclude premium bonus
No
Spousal continuation option
Yes
Spousal continuation detail
Surviving spouse may elect to continue benefit after death of owner.
State Availability
Exception flag
No
Available in states
—
Benefit Description
Upon the death of the owner, a benefit will be equal to the contract value. Owner may elect to receive a lump sum payment or set a guaranteed life income. Also, payout option may be specified in advance, only available with non-qualified and IRA contracts. Death Benefit True Up feature is available when utilizing the add-on benefit IncomeAccelerator. Beneficiaries will receive the greater of premiums paid less withdrawals or the Accumulation Value as the standard Death Benefit.
Lifecycle Events
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