BD
● Active
Basic Death Benefit
The Northwestern Mutual Life Insurance Company
DTCC ID
—
COMPANY
The Northwestern Mutual Life Insurance Company
TYPE
Variable Annuity
INCEPTION
—
Identity
Benefit name
Basic Death Benefit
Internal benefit name
Basic Death Benefit
Product policy type
Variable Annuity
Status
● Active
Sequence
1
Inception date
—
Closed date
—
DTCC Rider ID
—
Last modified
May 16, 2025
Life & Age
Based on life
Annuitant
Single life
No
Joint life
No
Min age
—
Max age
—
Rider select rule
Mandatory
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
No
State Availability
Exception flag
No
Available in states
—
Benefit Description
Available during accumulation phase. Upon death of annuitant prior to age 74, benefit will be greater of - 1) contract value; or 2) total purchase payments adjusted for withdrawals, thereafter, contract value.
Lifecycle Events
Cancellation
May not be cancelled.
Termination
May not be terminated.