ED
● Active
Enhanced Death Benefit
Life Insurance Company of the Southwest
DTCC ID
—
COMPANY
Life Insurance Company of the Southwest
TYPE
Indexed Annuity
INCEPTION
Apr 01, 2013
Identity
Benefit name
Enhanced Death Benefit
Internal benefit name
Enhanced Death Benefit
Product policy type
Indexed Annuity
Status
● Active
Sequence
2
Inception date
Apr 01, 2013
Closed date
—
DTCC Rider ID
—
Last modified
Feb 17, 2025
Life & Age
Based on life
Annuitant
Single life
No
Joint life
No
Min age
—
Max age
—
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
If the Annuitant dies during the Accumulation Period, the Death Benefit is the greater of 1) the Death Benefit as defined in the Policy or 2) the Benefit Calculation Base, reduced by 75% of the ratio of any unpaid Policy loans to the Accumulation Value as of the date of death.
Lifecycle Events
—