BD
● Active
Basic Death Benefit
S.USA Life Insurance Company
DTCC ID
—
COMPANY
S.USA Life Insurance Company
TYPE
Indexed Annuity
INCEPTION
Oct 01, 2019
Identity
Benefit name
Basic Death Benefit
Internal benefit name
Basic Death Benefit
Company
Product policy type
Indexed Annuity
Status
● Active
Sequence
1
Inception date
Oct 01, 2019
Closed date
—
DTCC Rider ID
—
Last modified
Oct 15, 2019
Life & Age
Based on life
Owner and Annuitant
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
Deductions from partials made from the fixed account first. Deductions from indexed accounts will be made proportionately based on indexed account values at time of deduction.
Required min distributions
—
Coverage Flags
Exclude premium bonus
No
Spousal continuation option
No
State Availability
Exception flag
No
Available in states
—
Benefit Description
The death benefit is the accumulation value plus interest from date of death with no withdrawal charge.
Lifecycle Events
—