BD
● Active
Basic Death Benefit
Fidelity Investments Life Insurance Company
DTCC ID
—
COMPANY
Fidelity Investments Life Insurance Company
TYPE
Variable Annuity
INCEPTION
Aug 15, 2005
Identity
Benefit name
Basic Death Benefit
Internal benefit name
Basic Death Benefit
Product policy type
Variable Annuity
Status
● Active
Sequence
1
Inception date
Aug 15, 2005
Closed date
—
DTCC Rider ID
—
Last modified
May 10, 2025
Life & Age
Based on life
Owner (or Annuitant if owner is a non-natural person)
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
Not Applicable.
Partial withdrawals
Withdrawal including advisory fee withdrawals reduces the Death Benefit amount in the same proportion to the reduction in the Contract Value.
Required min distributions
Not Applicable.
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. Upon death of participant, benefit will be equal to contract value.
Lifecycle Events
Cancellation
Once elected may not be cancelled.
Termination
Once elected may not be terminated.
Available when added
At the time of Contract Issue.
Effect change ownership
Not Applicable.