BD
● Active
Basic Death Benefit
New York Life Insurance and Annuity Corporation
DTCC ID
—
COMPANY
New York Life Insurance and Annuity Corporation
TYPE
Indexed Annuity
INCEPTION
Aug 04, 2025
Identity
Benefit name
Basic Death Benefit
Internal benefit name
Basic Death Benefit
Product policy type
Indexed Annuity
Status
● Active
Sequence
1
Inception date
Aug 04, 2025
Closed date
—
DTCC Rider ID
—
Last modified
Aug 01, 2025
Life & Age
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
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
Death benefit at the death of the owner will be greatest of; a) Purchase payment; b) Accumulation value.
Lifecycle Events
—