BD
● Terminated
Basic Death Benefit
Nationwide Life Insurance Company
DTCC ID
—
COMPANY
Nationwide Life Insurance Company
INCEPTION
—
CLOSED
May 01, 2004
Identity
Benefit name
Basic Death Benefit
Internal benefit name
Basic Death Benefit
Status
● Terminated
Inception date
—
Closed date
01 May 2004
Description & Notes
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.