BE
● Terminated
Beneficiary Earnings Enhancement Death Benefit
Transamerica Life Insurance Company
DTCC ID
—
COMPANY
Transamerica Life Insurance Company
TYPE
Variable Annuity
INCEPTION
—
Identity
Benefit name
Beneficiary Earnings Enhancement Death Benefit
Internal benefit name
Beneficiary Earnings Enhancement Death Benefit
Product policy type
Variable Annuity
Status
● Terminated
Sequence
3
Inception date
—
Closed date
—
DTCC Rider ID
—
Last modified
Aug 07, 2020
Life & Age
Based on life
Annuitant
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
Contact Issuer for details.
Partial withdrawals
Contact Issuer for details.
Required min distributions
Contact Issuer for details.
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
Issuer will add 40% benefit percentage (25% if owner ages between 71 to 80) to any death benefit payable under contract reduced by total purchase payments adjusted for withdrawal and applicable charges.
Lifecycle Events
Cancellation
May be cancelled any time after election. Once cancelled may be re-elected.
Termination
May be terminated any time after election.
Available when added
No longer available for new purchases.
Effect change ownership
Contact Issuer for details.