BD
● Active
Basic Death Benefit
Allianz Life Insurance Company of North America
DTCC ID
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COMPANY
Allianz Life Insurance Company of North America
TYPE
Indexed Annuity
INCEPTION
—
Identity
Benefit name
Basic Death Benefit
Internal benefit name
Basic Death Benefit
Product policy type
Indexed Annuity
Status
● Active
Sequence
1
Inception date
—
Closed date
—
DTCC Rider ID
—
Last modified
Mar 15, 2013
Life & Age
Based on life
Owner
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
—
Partial withdrawals
—
Required min distributions
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Coverage Flags
Exclude premium bonus
No
Spousal continuation option
No
State Availability
Exception flag
No
Available in states
—
Benefit Description
Available during accumulation phase. Upon death of owner, benefit will greater of - 1) contract value, which includes both vested and unvested bonus or 2) guaranteed minimum value. Guaranteed minimum value is equal to 87.5% of total purchase payments less any withdrawal accumulated at minimum rate of interest of 1.85%.
Lifecycle Events
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