EB
● Terminated
Earnings Based Death Benefit
Zurich American Life Insurance Company
DTCC ID
—
COMPANY
Zurich American Life Insurance Company
TYPE
Variable Annuity
INCEPTION
—
Identity
Benefit name
Earnings Based Death Benefit
Internal benefit name
Earnings Based Death Benefit
Product policy type
Variable Annuity
Status
● Terminated
Sequence
3
Inception date
—
Closed date
—
DTCC Rider ID
—
Last modified
Jun 19, 2025
Life & Age
Based on life
Owner (or Annuitant if owner is a natural entity)
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
Withdrawals will reduce benefit base by dollar-for-dollar amount.
Required min distributions
—
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 only. Upon death of owner or annuitant Issuer will add 40% of earnings prior to 10th contract anniversary (50% between 10th and 15th contract anniversary, 70% after 15th Contract anniversary) to Guaranteed Minimum Death Benefit payable under contract. Earnings are equal to contract value less adjusted purchase payments.
Lifecycle Events
Cancellation
Once elected may not be cancelled.
Termination
Once elected may not be terminated.
Available when added
Only at contract issue.