BD
● Active
Basic Death Benefit
Aspida Life Insurance Company
DTCC ID
—
COMPANY
Aspida Life Insurance Company
TYPE
Indexed Annuity
INCEPTION
Nov 07, 2022
Identity
Benefit name
Basic Death Benefit
Internal benefit name
Basic Death Benefit
Company
Product policy type
Indexed Annuity
Status
● Active
Sequence
1
Inception date
Nov 07, 2022
Closed date
—
DTCC Rider ID
—
Last modified
Jan 12, 2024
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 rider.
State Availability
Exception flag
No
Available in states
—
Benefit Description
Available during accumulation phase, upon death of owner, benefit will be greater of - 1) contract value, or 2) minimum surrender value.
Lifecycle Events
—