FE
● Active
Family Endowment Rider - Enhanced Death Benefit
Aviva Life and Annuity Company
DTCC ID
—
COMPANY
Aviva Life and Annuity Company
TYPE
Indexed Annuity
INCEPTION
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Identity
Benefit name
Family Endowment Rider - Enhanced Death Benefit
Internal benefit name
Family Endowment Rider - Enhanced Death Benefit
Company
Product policy type
Indexed Annuity
Status
● Active
Sequence
2
Inception date
—
Closed date
—
DTCC Rider ID
—
Last modified
Jan 17, 2019
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
—
Partial withdrawals
Withdrawals will reduce the death benefit floor proportionately. Amount of the reduction will be based on the withdrawal amount.
Required min distributions
—
Coverage Flags
Exclude premium bonus
No
Spousal continuation option
No
State Availability
Exception flag
No
Available in states
—
Benefit Description
Upon deat of annuitant banafit will be equal to the purchase payments made to the contract accumulated at an annual interest rate of 4%, adjusted for withdrawals. Interest will accumulate until earlier of - 1) annuitant's 90th birthday or 2) the date contract is terminated.
Lifecycle Events
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