BD
● Active
Basic Death Benefit
Brighthouse Life Insurance Company
DTCC ID
—
COMPANY
Brighthouse Life Insurance Company
TYPE
Indexed Annuity
INCEPTION
Feb 03, 2020
Identity
Benefit name
Basic Death Benefit
Internal benefit name
Basic Death Benefit
Product policy type
Indexed Annuity
Status
● Active
Sequence
1
Inception date
Feb 03, 2020
Closed date
—
DTCC Rider ID
—
Last modified
Oct 26, 2021
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
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 the benefit after the death of the owner.
State Availability
Exception flag
No
Available in states
—
Benefit Description
Available during accumulation phase, upon death of owner, benefit will be greater of 1) sum of the death benefit values of each index account and/or the fixed account or, 2) Guaranteed Minimum Surrender Value (GMSV)
Lifecycle Events
—