Beacon Data Entry
Basic Death Benefit
BD
● Active

Basic Death Benefit

Allianz Life Insurance Company of North America
DTCC ID
COMPANY Allianz Life Insurance Company of North America
INCEPTION May 06, 2025
CLOSED
Benefit name
Basic Death Benefit
Internal benefit name
Basic Death Benefit
Status
● Active
Inception date
06 May 2025
Closed date
Benefit description
Available during accumulation phase, upon death of owner, two choices are available for beneficiaries: The greater of the contract's accumulation value, guaranteed minimum value, or cumulative withdrawal amount is available as a lump sum or may be taken as annuity payments over at least five years. The Protected Income Value may be taken as annuity payments over a period of at least five years, limited to 250% of the accumulation value.