Beacon Data Entry
Basic Death Benefit
BD
● Terminated

Basic Death Benefit

ReliaStar Life Insurance Company of New York
DTCC ID
COMPANY ReliaStar Life Insurance Company of New York
INCEPTION
CLOSED Mar 15, 2010
Benefit name
Basic Death Benefit
Internal benefit name
Basic Death Benefit
Status
● Terminated
Inception date
Closed date
15 Mar 2010
Benefit description
Available during accumulation phase. Upon death of owner, benefit will be greatest of - 1) contract value, 2) surrender value, or 3) Standard Minimum Guaranteed Death Benefit. Standard MGDB equals total purchase payment plus premium credits, applied before 12 months of death, adjusted for withdrawals.