BD
● Active
Basic Death Benefit
AuguStar Life Insurance Company - The
DTCC ID
—
COMPANY
AuguStar Life Insurance Company - The
TYPE
Fixed Annuity
INCEPTION
Jan 16, 2024
Identity
Benefit name
Basic Death Benefit
Internal benefit name
Basic Death Benefit
Product policy type
Fixed Annuity
Status
● Active
Sequence
1
Inception date
Jan 16, 2024
Closed date
—
DTCC Rider ID
—
Last modified
Mar 14, 2024
Life & Age
Based on life
Owner
Single life
No
Joint life
No
Min age
—
Max age
—
Rider select rule
Optional
Waiting period
—
Waiting term
—
Benefit Base
Maximum benefit base
—
Maximum benefit base %
—
With reduce benefit base
—
Subsequent premium
—
Partial withdrawals
—
Required min distributions
—
Coverage Flags
Exclude premium bonus
No
Spousal continuation option
No
State Availability
Exception flag
No
Available in states
—
Benefit Description
Available during accumulation phase. Upon death of owner, benefit base will be greater of - 1) contract value or 2) guaranteed minimum value. Guaranteed Minimum Surrender Value is 87.5% of the premium, accumulated at guaranteed minimum interest rate, minus any partial surrenders.
Lifecycle Events
—