BD
● Terminated
Basic Death Benefit
Voya Insurance And Annuity Company
DTCC ID
—
COMPANY
Voya Insurance And Annuity Company
INCEPTION
—
CLOSED
Mar 15, 2010
Identity
Benefit name
Basic Death Benefit
Internal benefit name
Basic Death Benefit
Status
● Terminated
Inception date
—
Closed date
15 Mar 2010
Description & Notes
Benefit description
Available during accumulation phase. Upon death of owner, benefit will be greatest of - 1) contract value, 2) surrender value, or 3) Standard Minimum Guaranteed Death Benefit for amounts allocated to Covered Funds plus contract value allocated to Excluded Funds. Standard MGDB allocated to Covered and Excluded Funds equals purchase payment plus premium credits, if applicable, allocated to Covered and Excluded Funds, adjusted for withdrawals and transfers.