ED
● Active
Enhanced Death Benefit
The Northwestern Mutual Life Insurance Company
DTCC ID
—
COMPANY
The Northwestern Mutual Life Insurance Company
TYPE
Variable Annuity
INCEPTION
Mar 01, 2000
Identity
Benefit name
Enhanced Death Benefit
Internal benefit name
Enhanced Death Benefit
Product policy type
Variable Annuity
Status
● Active
Sequence
2
Inception date
Mar 01, 2000
Closed date
—
DTCC Rider ID
—
Last modified
May 15, 2025
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
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
—
Coverage Flags
Exclude premium bonus
No
Spousal continuation option
No
State Availability
Exception flag
No
Available in states
—
Benefit Description
Available during accumulation phase. Upon death of annuitant, benefit will be greatest of - 1) contract value; 2) total purchase payments adjusted for withdrawals; or 3) highest contract value on any contract anniversary prior to annuitant's 80th birthday, adjusted for withdrawals and subsequent payments.
Lifecycle Events
Cancellation
May be cancelled any time after election.
Termination
May be terminated any time after election.
Available when added
Only at contract issue.