Beacon Data Entry
Earnings Preservation Benefit
EP
● Terminated

Earnings Preservation Benefit

New England Life Insurance Company
DTCC ID
COMPANY New England Life Insurance Company
INCEPTION May 15, 2001
CLOSED Feb 28, 2009
Benefit name
Earnings Preservation Benefit
Internal benefit name
Earnings Preservation Benefit
Status
● Terminated
Inception date
15 May 2001
Closed date
28 Feb 2009
Benefit description
Available during accumulation phase. Upon death of owner, Issuer will add 40% benefit percentage (25% if owner's age is between 70 to 79; none if owner's age is 80 or older) to any death benefit payable under contract less total purchase payments made adjusted for withdrawal and applicable charges.