BD
● Active
Basic Death Benefit
MassMutual Ascend Life Insurance Company
DTCC ID
—
COMPANY
MassMutual Ascend Life Insurance Company
TYPE
Indexed Annuity
INCEPTION
Jun 25, 2009
Identity
Benefit name
Basic Death Benefit
Internal benefit name
Basic Death Benefit
Product policy type
Indexed Annuity
Status
● Active
Sequence
1
Inception date
Jun 25, 2009
Closed date
—
DTCC Rider ID
—
Last modified
Jul 27, 2022
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 annuitant.
State Availability
Exception flag
No
Available in states
—
Benefit Description
In the unfortunate event of contract owner's death, beneficiary will receive a death benefit from the annuity. If the contract owner's death occurs before income payments have begun, the beneficiary will be paid the account value or the guaranteed minimum surrender value, whichever is greater.
Lifecycle Events
—