LD
● Active
Legacy Death Benefit
Atlantic Coast Life Insurance Company
DTCC ID
—
COMPANY
Atlantic Coast Life Insurance Company
TYPE
Indexed Annuity
INCEPTION
Jun 01, 2018
Identity
Benefit name
Legacy Death Benefit
Internal benefit name
Legacy Death Benefit
Product policy type
Indexed Annuity
Status
● Active
Sequence
3
Inception date
Jun 01, 2018
Closed date
—
DTCC Rider ID
—
Last modified
Apr 16, 2026
Life & Age
Based on life
Owner (or Annuitant if owner is a non-natural person)
Single life
No
Joint life
No
Min age
—
Max age
—
Rider select rule
—
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
No
State Availability
Exception flag
No
Available in states
—
Benefit Description
Legacy Death Benefit guarantees an additional amount to the beneficiaries. Upon death of owner (or annuitant), death benefit will be equal to the greater of 1) a) Accumulation Value; or b) 80% of the Legacy Benefit Base, if lump-sum payment option is elected; and 2) 100% of the Legacy Benefit Base, if equal payment over 5 years option is elected. Rider also provides an additional interest credits, that increases the death benefit base until the earliest of 1) 5 years or the day oldest owner (or annuitant) turns age 85; 2) after 10 years; or 3) until Legacy Benefit Base equals 250% (300% in FL, ND and SD) of the Purchase Premium.
Lifecycle Events
Available when added
Available with Legacy Benefit Rider.