BD
● Active
Basic Death Benefit
MassMutual Ascend Life Insurance Company
DTCC ID
—
COMPANY
MassMutual Ascend Life Insurance Company
TYPE
Indexed Annuity
INCEPTION
Jun 15, 2020
Identity
Benefit name
Basic Death Benefit
Internal benefit name
Basic Death Benefit
Product policy type
Indexed Annuity
Status
● Active
Sequence
1
Inception date
Jun 15, 2020
Closed date
—
DTCC Rider ID
—
Last modified
Jul 21, 2022
Life & Age
Based on life
Owner
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 benefit after death of owner.
State Availability
Exception flag
No
Available in states
—
Benefit Description
Available during the accumulation phase, Upon the death of the owner, the death benefit will be greater of the 1) account value or 2) guaranteed minimum surrender value.
Lifecycle Events
—