BD
● Active
Basic Death Benefit
Security Benefit Life Insurance Company
DTCC ID
—
COMPANY
Security Benefit Life Insurance Company
INCEPTION
Apr 02, 2012
CLOSED
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Identity
Benefit name
Basic Death Benefit
Internal benefit name
Basic Death Benefit
Status
● Active
Inception date
02 Apr 2012
Closed date
—
Description & Notes
Benefit description
Available during the accumulation phase. Upon the death of the annuitant or joint owner (spouse of annuitant), death benefit base is greater of 1) the account value or 2) the cash surrender value. Upon the death of the annuitant or joint owner (other than the spouse of annuitant), death benefit base is equal to the cash surrender value.