EG
● Terminated
Enhanced Guaranteed Minimum Death Benefit
Lincoln Life & Annuity Company of New York
DTCC ID
—
COMPANY
Lincoln Life & Annuity Company of New York
TYPE
Variable Annuity
INCEPTION
—
Identity
Benefit name
Enhanced Guaranteed Minimum Death Benefit
Internal benefit name
Enhanced Guaranteed Minimum Death Benefit
Product policy type
Variable Annuity
Status
● Terminated
Sequence
3
Inception date
—
Closed date
Jan 09, 2017
DTCC Rider ID
—
Last modified
Jan 19, 2026
Life & Age
Based on life
Owner (or Annuitant if owner is a natural entity)
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 including advisory fee 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 only. Upon death of owner or annuitant, benefit will be greatest of - 1) contract value, 2) purchase payments adjusted for withdrawals, or 3) highest contract value calculated at any contract anniversary, prior to earlier of - 1) 81st birthday, or 2) death, increased by purchase payments made and reduced for withdrawals.
Lifecycle Events
Cancellation
May be cancelled any time after election.
Termination
May be terminated any time after election. Benefit will automatically terminate upon election of i4LIFE Advantage.
Available when added
No longer available for new purchases.