EB
● Active
Enhanced Beneficiary Benefit Rider
New York Life Insurance Company
DTCC ID
—
COMPANY
New York Life Insurance Company
TYPE
Fixed Annuity
INCEPTION
Jan 12, 2012
Identity
Benefit name
Enhanced Beneficiary Benefit Rider
Internal benefit name
Enhanced Beneficiary Benefit Rider
Company
Product policy type
Fixed Annuity
Status
● Active
Sequence
1
Inception date
Jan 12, 2012
Closed date
—
DTCC Rider ID
—
Last modified
Apr 06, 2017
Life & Age
Based on life
Owner
Single life
No
Joint life
No
Min age
—
Max age
70
Rider select rule
Optional
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
This rider may provide additional money to beneficiaries to offset expenses, such as taxes, that they may incur when the policyowner dies. There is an annual charge of .30% for this rider. This charge is deducted quarterly (.075% per quarter) and is based on the accumulation value as of the first business day of each policy quarter. Available on Non-Qualified Plans, TSAs, Pension-Profit Sharing Plans, and Keoghs. Not available for issue ages > 70. Not available in NY, NJ, or WA.
Lifecycle Events
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