BD
● Active
Basic Death Benefit
Transamerica Financial Life Insurance Company
DTCC ID
—
COMPANY
Transamerica Financial Life Insurance Company
TYPE
Variable Annuity
INCEPTION
Aug 16, 2010
Identity
Benefit name
Basic Death Benefit
Internal benefit name
Basic Death Benefit
Product policy type
Variable Annuity
Status
● Active
Sequence
1
Inception date
Aug 16, 2010
Closed date
—
DTCC Rider ID
—
Last modified
May 12, 2025
Life & Age
Based on life
Annuitant
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
Not Applicable.
Partial withdrawals
Not Applicable.
Required min distributions
Not Applicable.
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 participant, benefit will be equal to contract value. Issuer may not provide any death benefit if contract value reaches zero.
Lifecycle Events
Cancellation
May not be cancelled.
Termination
May not be terminated.
Effect change ownership
Not Applicable.