DB
● Active
Death Benefit
SILAC Insurance Company
DTCC ID
—
COMPANY
SILAC Insurance Company
TYPE
Indexed Annuity
INCEPTION
Dec 20, 2021
Identity
Benefit name
Death Benefit
Internal benefit name
Death Benefit
Company
Product policy type
Indexed Annuity
Status
● Active
Sequence
1
Inception date
Dec 20, 2021
Closed date
—
DTCC Rider ID
—
Last modified
Apr 17, 2026
Life & Age
Based on life
Owner
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
Yes
Spousal continuation detail
Surviving spouse may elect to continue benefit under certain conditions after death of owner.
State Availability
Exception flag
No
Available in states
—
Benefit Description
During the accumulation phase, upon death of owner, the death benefit will be equal to the greater of the 1) account value; or 2) the minimum guaranteed value. Upon death of the owner, after the income payment begins, the death benefit will be equal to the sum specified in the Income Option elected.
Lifecycle Events
Available when added
At the contract issue