BD
● Active
Basic Death Benefit
Liberty Bankers Life Insurance Company
DTCC ID
—
COMPANY
Liberty Bankers Life Insurance Company
TYPE
Fixed Annuity
INCEPTION
Apr 09, 2012
Identity
Benefit name
Basic Death Benefit
Internal benefit name
Basic Death Benefit
Product policy type
Fixed Annuity
Status
● Active
Sequence
1
Inception date
Apr 09, 2012
Closed date
—
DTCC Rider ID
—
Last modified
Aug 22, 2025
Life & Age
Based on life
Owner
Single life
No
Joint life
No
Min age
0
Max age
70
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
No
State Availability
Exception flag
No
Available in states
—
Benefit Description
The death benefit is equal to the surrender value during the surrender charge period. For policies issued at age 65 or older, all death benefit penalties are waived.
Lifecycle Events
—