BD
● Active
Basic Death Benefit
Midland National Life Insurance Company
DTCC ID
—
COMPANY
Midland National Life Insurance Company
INCEPTION
Jan 05, 2021
CLOSED
—
Identity
Benefit name
Basic Death Benefit
Internal benefit name
Basic Death Benefit
Status
● Active
Inception date
05 Jan 2021
Closed date
—
Description & Notes
Benefit description
Available during the accumulation phase only. Upon the death of the owner, or annuitant, the death benefit is greater of the 1) accumulation value, or 2) the minimum surrender value. Increased by any interest credits and reduced by any taxes, if applicable.