EB
● Active
Enhanced Benefit Rider - Death Benefit
Athene Annuity & Life Assurance Company
DTCC ID
—
COMPANY
Athene Annuity & Life Assurance Company
TYPE
Indexed Annuity
INCEPTION
—
Identity
Benefit name
Enhanced Benefit Rider - Death Benefit
Internal benefit name
Enhanced Benefit Rider - Death Benefit
Product policy type
Indexed Annuity
Status
● Active
Sequence
2
Inception date
—
Closed date
—
DTCC Rider ID
—
Last modified
Nov 19, 2013
Life & Age
Based on life
Owner
Single life
No
Joint life
No
Min age
—
Max age
—
Rider select rule
—
Waiting period
—
Waiting term
—
Benefit Base
Maximum benefit base
—
Maximum benefit base %
—
With reduce benefit base
—
Subsequent premium
—
Partial withdrawals
Withdrawals will reduce benefit base in same proportion.
Required min distributions
—
Coverage Flags
Exclude premium bonus
No
Spousal continuation option
No
State Availability
Exception flag
No
Available in states
—
Benefit Description
Upon death of owner, benefit will be greatest of - 1) Accumulation Value plus Bonus Accumulation Value, 2) Benefit Base multiplied by the Benefit Base Death Benefit Percentage of 70%, or 3) Minimum Guaranteed Cash Surrender Value. Minimum Guaranteed Cash Surrender Value will never be less than 87.5% of the premium payment, less any applicable premium taxes, less Cash Surrender Value any withdrawals, plus interest earned at the minimum guaranteed interest rate.
Lifecycle Events
Termination
May be cancelled any time after election. Once cancelled may not be re-elected.
Available when added
Only at contract issue.