Beacon Data Entry
Basic Death Benefit
BD
● Terminated

Basic Death Benefit

Nationwide Life Insurance Company
DTCC ID
COMPANY Nationwide Life Insurance Company
INCEPTION
CLOSED May 01, 2004
Benefit name
Basic Death Benefit
Internal benefit name
Basic Death Benefit
Status
● Terminated
Inception date
Closed date
01 May 2004
Benefit description
Available during accumulation phase. Upon death of annuitant age 85 or younger, benefit will be greatest of - 1) contract value, 2) total purchase payments adjusted for withdrawals, or 3) contract value as of most recent five year contract anniversary reduced for withdrawals and increased by purchase payments made, thereafter, benefit will be equal to contract value.