SD
● Active
Standard Death Benefit
Security Benefit Life Insurance Company
DTCC ID
—
COMPANY
Security Benefit Life Insurance Company
TYPE
Variable Annuity
INCEPTION
—
Identity
Benefit name
Standard Death Benefit
Internal benefit name
Standard Death Benefit
Product policy type
Variable Annuity
Status
● Active
Sequence
1
Inception date
—
Closed date
—
DTCC Rider ID
—
Last modified
May 15, 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
Mandatory
Waiting period
—
Waiting term
—
Benefit Base
Maximum benefit base
—
Maximum benefit base %
—
With reduce benefit base
—
Subsequent premium
Subsequent purchase payment will increase benefit base by dollar-for-dollar amount.
Partial withdrawals
Withdrawal including advisory fee withdrawals reduces the Death Benefit amount in the same proportion to the reduction in the Contract Value.
Required min distributions
—
Coverage Flags
Exclude premium bonus
No
Spousal continuation option
Yes
Spousal continuation detail
Surviving spouse may elect to continue benefit after death of owner.
State Availability
Exception flag
No
Available in states
—
Benefit Description
Available during accumulation phase. If owner (or annuitant if owner is a non-natural person)is age 80 or younger at issue, upon death benefit will be greater of - 1) contract value, or 2) total purchase payments adjusted for withdrawals. If owner or annuitant is age 81 or older at issue, benefit will be equal to contract value.
Lifecycle Events
Cancellation
May not be cancelled.
Termination
May not be terminated.