ED
● Terminated
Enhanced Death Benefit
National Life Insurance Company
DTCC ID
—
COMPANY
National Life Insurance Company
TYPE
Variable Annuity
INCEPTION
—
Identity
Benefit name
Enhanced Death Benefit
Internal benefit name
Enhanced Death Benefit
Company
Product policy type
Variable Annuity
Status
● Terminated
Sequence
2
Inception date
—
Closed date
Jul 06, 2015
DTCC Rider ID
—
Last modified
Jul 17, 2025
Life & Age
Based on life
Owner (or Annuitant if owner is a natural entity)
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
Subsequent purchase payment will increase benefit base by dollar-for-dollar amount.
Partial withdrawals
Withdrawals will reduce benefit base in same proportion.
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 or annuitant prior to age 80, benefit will be greatest of - 1) contract value; 2) total purchase payments adjusted for withdrawals; or 3) highest contract value calculated on any contract anniversary increased by purchase payments made and reduced by withdrawals since that date. If death occurs after age 81, benefit will be equal to contract value. This Rider is not available in Texas.
Lifecycle Events
Cancellation
Once elected may not be cancelled.
Termination
Once elected may not be terminated.
Available when added
No longer available for new purchases.