BD
● Active
Basic Death Benefit
Universal Life Insurance Company
DTCC ID
—
COMPANY
Universal Life Insurance Company
TYPE
Indexed Annuity
INCEPTION
Mar 01, 2015
Identity
Benefit name
Basic Death Benefit
Internal benefit name
Basic Death Benefit
Company
Product policy type
Indexed Annuity
Status
● Active
Sequence
1
Inception date
Mar 01, 2015
Closed date
—
DTCC Rider ID
—
Last modified
Feb 10, 2026
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
Mandatory
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
Available during accumulation phase. Upon death of owner, benefit will be greater of 1) contract value or 2)The Guaranteed Minimum Death Benefit (GMDB) equal 100% of the premiums paid (including bonuses), reduced proportionately by withdrawals. It is increased by 1% simple interest annually, up to age 85.
Lifecycle Events
—