Beacon Data Entry
Combination 5% Roll-Up and Highest Anniversary Value Death Benefit
⌘K
C5
● Terminated

Combination 5% Roll-Up and Highest Anniversary Value Death Benefit

Jackson National Life Insurance Company
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DTCC ID —
COMPANY Jackson National Life Insurance Company
TYPE Variable Annuity
INCEPTION —
Identity
Benefit name
Combination 5% Roll-Up and Highest Anniversary Value Death Benefit
Internal benefit name
Combination 5% Roll-Up and Highest Anniversary Value Death Benefit
Company
Jackson National Life Insurance Company
Product policy type
Variable Annuity
Status
● Terminated
Sequence
11
Inception date
—
Closed date
Oct 06, 2008
DTCC Rider ID
—
Last modified
Oct 14, 2010
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
Subsequent purchase payment will increase benefit base by dollar-for-dollar amount.
Partial withdrawals
Withdrawals will reduce benefit base in same proportion.
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

Available during accumulation phase only. Upon death of owner, benefit will be greatest of - 1) contract value, 2) net purchase payments, compounded at 5% (4% if owner is age 70 or older at issue or 3% (2% if owner is age 70 or older at issue) in some states) annually until contract anniversary preceding owner's 81st birthday, 3) contract value at 7th contract year or as of contract anniversary preceding owner's 81st birthday, whichever is earlier, increased by purchase payments made compounded at 5% (4% if owner is age 70 or older at issue or 3% (2% if owner is age 70 or older at issue) in some states) annually until contract anniversary preceding owner's 81st birthday, or 4) highest contract value calculated on any contract anniversary prior to owner's 81st birthday, increased by purchase payments made and reduced for withdrawals and applicable charges.

Lifecycle Events
Cancellation
Once elected may not be cancelled.
Termination
Once elected may not be terminated.
Available when added
No longer available for new purchases.
Effect change ownership
Contact Issuer for details.