BD
● Terminated
Basic Death Benefit
RiverSource Life Insurance Co of New York
DTCC ID
—
COMPANY
RiverSource Life Insurance Co of New York
INCEPTION
—
CLOSED
Apr 29, 2011
Identity
Benefit name
Basic Death Benefit
Internal benefit name
Basic Death Benefit
Status
● Terminated
Inception date
—
Closed date
29 Apr 2011
Description & Notes
Benefit description
Available during accumulation phase. Upon death of owner Return of Purchase Payments Death Benefit will apply, which is greater of - 1) contract value, or 2) total purchase payments adjusted for withdrawals. Upon change in ownership or spousal continuation if new owner is age 85 or older, Contract Value Death Benefit will apply, which is equal to contract value.