BD
● Terminated
Basic Death Benefit
Protective Life and Annuity Insurance Company
DTCC ID
—
COMPANY
Protective Life and Annuity Insurance Company
INCEPTION
May 01, 2012
CLOSED
Jul 15, 2013
Identity
Benefit name
Basic Death Benefit
Internal benefit name
Basic Death Benefit
Status
● Terminated
Inception date
01 May 2012
Closed date
15 Jul 2013
Description & Notes
Benefit description
Available during accumulation phase. Upon death of owner, benefit will be greater of - 1) contract value, or 2) total purchase payments adjusted for withdrawals. Benefit base will never be more than contract value plus $1,000,000.