Beacon Data Entry
Basic Death Benefit
BD
● Active

Basic Death Benefit

Capitol Life Insurance Company
DTCC ID
COMPANY Capitol Life Insurance Company
TYPE Indexed Annuity
INCEPTION Mar 20, 2021
Benefit name
Basic Death Benefit
Internal benefit name
Basic Death Benefit
Product policy type
Indexed Annuity
Status
● Active
Sequence
1
Inception date
Mar 20, 2021
Closed date
DTCC Rider ID
Last modified
Jun 12, 2025
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
Maximum benefit base
Maximum benefit base %
With reduce benefit base
Subsequent premium
Partial withdrawals
Required min distributions
Exclude premium bonus
No
Spousal continuation option
No
Exception flag
No
Available in states

A Death Benefit will be payable upon the death of the Annuitant. If the Owner or Joint Owner is also the Annuitant, the Death Benefit will equal the Accumulated Value as of the date of death. If neither the Owner nor the Joint Owner is the Annuitant, the Death Benefit will be equal to the Cash Surrender Value.