EB
● Terminated
EstatePlus Benefit
American General Life Insurance Company
DTCC ID
—
COMPANY
American General Life Insurance Company
TYPE
Variable Annuity
INCEPTION
—
Identity
Benefit name
EstatePlus Benefit
Internal benefit name
EstatePlus Benefit
Product policy type
Variable Annuity
Status
● Terminated
Sequence
4
Inception date
—
Closed date
Feb 04, 2008
DTCC Rider ID
—
Last modified
Apr 12, 2010
Life & Age
Based on life
Owner
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
Issuer will recalculate benefit base upon partial withdrawal.
Required min distributions
Contact Issuer for details.
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
Upon death of owner, Issuer will add 25% (40% of purchase payments) of earnings if death occurs during first four contract years, 40% (65% of purchase payments) of earnings if death occurs between 5 to 9 contract year and 50% (75% of purchase payments) of earnings if death occurs after 10th contract anniversary, to any death benefit payable under contract. If owner ages between 71 to 80 at issue Issuer will add 25% (40% of purchase payments) of earnings, to any death benefit payable under contract. Earnings are amount by which sum of contract value, including any contract enhancement, exceeds remaining purchase payments. Please see prospectus for details.
Lifecycle Events
Cancellation
Once elected may not be cancelled.
Termination
Once elected may not be terminated.
Available when added
Only at contract issue.
Effect change ownership
Contact Issuer for details.