Beacon Data Entry
Enhanced Death Benefit
ED
● Active

Enhanced Death Benefit

Allianz Life Insurance Company of North America
DTCC ID
COMPANY Allianz Life Insurance Company of North America
TYPE Indexed Annuity
INCEPTION
Benefit name
Enhanced Death Benefit
Internal benefit name
Enhanced Death Benefit
Product policy type
Indexed Annuity
Status
● Active
Sequence
3
Inception date
Closed date
DTCC Rider ID
Last modified
Jan 17, 2019
Based on life
Owner
Single life
No
Joint life
No
Min age
Max age
Rider select rule
Optional
Waiting period
Waiting term
Maximum benefit base
Maximum benefit base %
With reduce benefit base
Subsequent premium
Partial withdrawals
Required min distributions
Exclude premium bonus
No
Spousal continuation option
No
Exception flag
No
Available in states

Enhanced Death Benefit pays a death benefit while offshoring a large portion of the taxable gain. It allows to pass on more of annuity's value with less of tax obstacle. Benefit applies to NQ contracts only where owner and annuitant bath are same.