BD
● Active
Basic Death Benefit
Genworth Life Insurance Company of New York
DTCC ID
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COMPANY
Genworth Life Insurance Company of New York
TYPE
Fixed Annuity
INCEPTION
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Identity
Benefit name
Basic Death Benefit
Internal benefit name
Basic Death Benefit
Product policy type
Fixed Annuity
Status
● Active
Sequence
1
Inception date
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Closed date
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DTCC Rider ID
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Last modified
Mar 15, 2013
Life & Age
Based on life
Owner and Annuitant
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 %
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With reduce benefit base
—
Subsequent premium
—
Partial withdrawals
—
Required min distributions
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Coverage Flags
Exclude premium bonus
No
Spousal continuation option
No
State Availability
Exception flag
No
Available in states
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Benefit Description
During accumulation phase, upon death of owner/annuitant, benefit will be equal to the contract value. During Income phase, benefit will depend on the type of payout chosen by the owner; Issuer will pay the remaining contract value, if any. If a life income only has chosen, all payments stop upon the annuitant's death.
Lifecycle Events
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