Beacon Data Entry
Basic Death Benefit
BD
● Active

Basic Death Benefit

Midland National Life Insurance Company
DTCC ID
COMPANY Midland National Life Insurance Company
TYPE Indexed Annuity
INCEPTION Jan 27, 2026
Benefit name
Basic Death Benefit
Internal benefit name
Basic Death Benefit
Product policy type
Indexed Annuity
Status
● Active
Sequence
1
Inception date
Jan 27, 2026
Closed date
DTCC Rider ID
Last modified
Jan 27, 2026
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
Yes
Spousal continuation detail
Surviving Spouse may elect to continue the rider.
Exception flag
No
Available in states

Upon the death of owner or annuitant, the death benefit will be greater of 1) Accumulation value plus any interest credit for partial contract year, or 2) Minimum Surrender Value.