AS
● Terminated
Annual Step-Up Death Benefit
Transamerica Premier Life Insurance Company
DTCC ID
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COMPANY
Transamerica Premier Life Insurance Company
INCEPTION
—
CLOSED
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Identity
Benefit name
Annual Step-Up Death Benefit
Internal benefit name
Annual Step-Up Death Benefit
Status
● Terminated
Inception date
—
Closed date
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Description & Notes
Benefit description
Available during accumulation phase only. Upon death of annuitant, benefit will be greatest of - 1) contract value, 2) surrender value, 3) purchase payments adjusted for withdrawals, or 4) annual step-up death benefit. Annual Step-Up Death Benefit is equal to highest contract value calculated on any contract anniversary prior to annuitant's 86th birthday, increased by purchase payments made and reduced for withdrawals.