BD
● Active
Basic Death Benefit
Lafayette Life Insurance Company
DTCC ID
—
COMPANY
Lafayette Life Insurance Company
TYPE
Indexed Annuity
INCEPTION
Dec 01, 2006
Identity
Benefit name
Basic Death Benefit
Internal benefit name
Basic Death Benefit
Company
Product policy type
Indexed Annuity
Status
● Active
Sequence
1
Inception date
Dec 01, 2006
Closed date
—
DTCC Rider ID
—
Last modified
Sep 24, 2019
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
—
Coverage Flags
Exclude premium bonus
No
Spousal continuation option
Yes
Spousal continuation detail
Surviving spouse may elect to continue benefit after death of owner.
State Availability
Exception flag
No
Available in states
—
Benefit Description
Available during accumulation phase. Upon death of owner and/or annuitant, benefit base will be equal to the greater of the contract value or non forfeiture value as of the date of death.
Lifecycle Events
—