RO
● Active
Return of Purchase Payments Death Benefit
RiverSource Life Insurance Co of New York
DTCC ID
—
COMPANY
RiverSource Life Insurance Co of New York
INCEPTION
Jul 19, 2010
CLOSED
—
Identity
Benefit name
Return of Purchase Payments Death Benefit
Internal benefit name
Return of Purchase Payments Death Benefit
Status
● Active
Inception date
19 Jul 2010
Closed date
—
Description & Notes
Benefit description
Available during accumulation phase. Upon death of owner, benefit will be greater of - 1) contract value, or 2) return of purchase payments value. Return of Purchase Payments Value is equal to initial purchase payments, increased by subsequent purchase payments and reduced for withdrawals. Owner may elect this benefit if age 80 or older at issue.