Beacon Data Entry
Basic Death Benefit
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
Benefit name
Basic Death Benefit
Internal benefit name
Basic Death Benefit
Status
● Terminated
Inception date
Closed date
01 May 2013
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.