BD
● Active
Basic Death Benefit
Delaware Life
DTCC ID
—
COMPANY
Delaware Life
TYPE
Indexed Annuity
INCEPTION
Oct 21, 2024
Identity
Benefit name
Basic Death Benefit
Internal benefit name
Basic Death Benefit
Company
Product policy type
Indexed Annuity
Status
● Active
Sequence
1
Inception date
Oct 21, 2024
Closed date
—
DTCC Rider ID
—
Last modified
Oct 21, 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
Spouse can continue the benefit after the death of the owner/annuitant, if spouse is the sole beneficiary
State Availability
Exception flag
No
Available in states
—
Benefit Description
Available at the time of accumulation phase, the death benefit amount will be greater of the Account Value or surrender value.
Lifecycle Events
—