RO
● Terminated
Return of Purchase Payments Death Benefit
RiverSource Life Insurance Company
DTCC ID
—
COMPANY
RiverSource Life Insurance Company
TYPE
Variable Annuity
INCEPTION
—
Identity
Benefit name
Return of Purchase Payments Death Benefit
Internal benefit name
Return of Purchase Payments Death Benefit
Product policy type
Variable Annuity
Status
● Terminated
Sequence
2
Inception date
—
Closed date
Apr 30, 2012
DTCC Rider ID
—
Last modified
Jul 07, 2020
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
Yes
Spousal continuation detail
Surviving spouse may elect to continue benefit after death of owner.
State Availability
Exception flag
No
Available in states
—
Benefit Description
Available during accumulation phase. Upon death of owner, benefit will be greater of - 1) contract value, or 2) total purchase payments adjusted for withdrawals. Owner may elect this benefit if age 76 or older at issue.
Lifecycle Events
Cancellation
May be cancelled any time after election.
Termination
May be terminated on first, seventh or any rider anniversary thereafter.
Available when added
Only at contract issue.
Effect change ownership
Change in ownership will result in termination of rider.