BD
● Terminated
Basic Death Benefit
Voya Retirement Insurance And Annuity Company
DTCC ID
—
COMPANY
Voya Retirement Insurance And Annuity Company
INCEPTION
—
CLOSED
May 01, 2013
Identity
Benefit name
Basic Death Benefit
Internal benefit name
Basic Death Benefit
Status
● Terminated
Inception date
—
Closed date
01 May 2013
Description & Notes
Benefit description
Available during accumulation phase. Upon death of owner or annuitant, Mentor contract death benefit provide a Guaranteed Minimum Death Benefit, if beneficiary elects a lump-sum distribution or an income phase payment option within six months of death, Guaranteed Death Benefit is greater of - 1) contract value; or 2) total purchase payments, adjusted for withdrawal. Direct contract death benefit will equal to contract value.