DB
● Active
Death Benefit
American Fidelity Assurance Company
DTCC ID
—
COMPANY
American Fidelity Assurance Company
TYPE
Variable Annuity
INCEPTION
—
Identity
Benefit name
Death Benefit
Internal benefit name
Death Benefit
Product policy type
Variable Annuity
Status
● Active
Sequence
1
Inception date
—
Closed date
—
DTCC Rider ID
—
Last modified
May 10, 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
Not Applicable.
Partial withdrawals
Withdrawals reduce the death benefit amount.
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
Minimum Death benefit is the standard death benefit available under the contract only during accumulation phase. Upon death of annuitant prior to age 65, death benefit will be greater of - 1) contract value; or 2) total purchase payments adjusted for withdrawals.
Lifecycle Events
Cancellation
Once elected may not be cancelled.
Termination
Once elected may not be terminated.
Effect change ownership
Not Applicable.