DB
● Active
Death Benefit Rider
Atlantic Coast Life Insurance Company
DTCC ID
—
COMPANY
Atlantic Coast Life Insurance Company
TYPE
Fixed Annuity
INCEPTION
Jul 01, 2017
Identity
Benefit name
Death Benefit Rider
Internal benefit name
Death Benefit Rider
Product policy type
Fixed Annuity
Status
● Active
Sequence
1
Inception date
Jul 01, 2017
Closed date
—
DTCC Rider ID
—
Last modified
Sep 21, 2017
Life & Age
Based on life
Owner
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
If elected, this feature waives the surrender charge and MVA associated with a lump-sum payment in the cast of the owner's death (required in FL). Owner’s issue age 86-90 for the five, six, seven, and ten year guarantee period and owner’s issue age 70-75 for the twenty year guarantee period are required to purchase this rider.
Lifecycle Events
Available when added
At issue.