BD
● Active
Basic Death Benefit
Midland National Life Insurance Company (Sammons Retirement Solutions)
DTCC ID
—
COMPANY
Midland National Life Insurance Company (Sammons Retirement Solutions)
INCEPTION
Jan 28, 2020
CLOSED
—
Identity
Benefit name
Basic Death Benefit
Internal benefit name
Basic Death Benefit
Status
● Active
Inception date
28 Jan 2020
Closed date
—
Description & Notes
Benefit description
Available during the accumulation phase. Upon death of the owner, death benefit will be equal to the greater of the - 1) accumulation value, or 2) the minimum surrender value.