EE
● Terminated
Enhanced Earnings Death Benefit
Lincoln Benefit Life Company
DTCC ID
—
COMPANY
Lincoln Benefit Life Company
TYPE
Variable Annuity
INCEPTION
—
Identity
Benefit name
Enhanced Earnings Death Benefit
Internal benefit name
Enhanced Earnings Death Benefit
Company
Product policy type
Variable Annuity
Status
● Terminated
Sequence
4
Inception date
—
Closed date
Nov 30, 2006
DTCC Rider ID
—
Last modified
Aug 17, 2015
Life & Age
Based on life
Owner
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 age 70 or younger at rider issue, Issuer will add 25% of earnings (40% if oldest owner or annuitant's age is between 71 to 79 at rider issue) to any death benefit payable under contract. Earnings are equal to contract value less adjusted purchase payments. Benefit base can never be more than 100% (50% if owner or annuitant's age is between 71 and 79) of adjusted purchase payments made after rider effective date and during 12 month period prior to death of owner or annuitant's.
Lifecycle Events
Cancellation
Once elected may not be cancelled.
Termination
Once elected may not be terminated.
Available when added
Only at contract issue.