● Terminated

Basic Death Benefit

First Security Benefit Life Insurance & Annuity Co of NY

Edit

DTCC ID —

COMPANY First Security Benefit Life Insurance & Annuity Co of NY

INCEPTION —

CLOSED Apr 01, 2009

Identity

Benefit name

Basic Death Benefit

Internal benefit name

Basic Death Benefit

Company

First Security Benefit Life Insurance & Annuity Co of NY

Status

● Terminated

Inception date

—

Closed date

01 Apr 2009

Description & Notes

Benefit description

Available during accumulation phase. If owner or annuitant is age 75 or younger at issue, benefit will be greatest of - 1) contract value, 2) total purchase payments adjusted for withdrawals, or 3) highest contract value calculated on 5th contract anniversary, increased by purchase payments and reduced for withdrawals. If owner or annuitant is age 76 or older at issue, benefit will be equal to contract value.