CV
● Terminated
Contract Value Death Benefit
Massachusetts Mutual Life Insurance Company
DTCC ID
—
COMPANY
Massachusetts Mutual Life Insurance Company
TYPE
Variable Annuity
INCEPTION
—
Identity
Benefit name
Contract Value Death Benefit
Internal benefit name
Contract Value Death Benefit
Product policy type
Variable Annuity
Status
● Terminated
Sequence
3
Inception date
—
Closed date
Feb 01, 2016
DTCC Rider ID
—
Last modified
Jul 02, 2025
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
Subsequent purchase payment will increase benefit base by dollar-for-dollar amount.
Partial withdrawals
Withdrawals will reduce benefit base in same proportion.
Required min distributions
Contact Issuer for details.
Coverage Flags
Exclude premium bonus
No
Spousal continuation option
Yes
Spousal continuation detail
Contact Issuer for details.
State Availability
Exception flag
No
Available in states
—
Benefit Description
Available during accumulation phase. Upon death of owner, benefit will be equal to contract value. Issuer calculate a credit of 0.05% (may not reduced to less than 0.02%) of contract value at the end of each contract year while this death benefit feature is in effect.
Lifecycle Events
Cancellation
May be cancelled any time after election.
Termination
May be terminated any time after election.
Available when added
No longer available for new purchases.
Effect change ownership
Contact Issuer for details.