BD
● Active
Basic Death Benefit
RiverSource Life Insurance Co of New York
DTCC ID
—
COMPANY
RiverSource Life Insurance Co of New York
INCEPTION
Apr 30, 2012
CLOSED
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Identity
Benefit name
Basic Death Benefit
Internal benefit name
Basic Death Benefit
Status
● Active
Inception date
30 Apr 2012
Closed date
—
Description & Notes
Benefit description
Available during accumulation phase. If owner is age 79 or younger at contract issue, upon death, benefit will be greater of - 1) contract value, or 2) return of purchase payments value. Return of Purchase Payments Value is equal to initial purchase payments, increased by subsequent purchase payments and reduced for withdrawals. If owner is age 80 or older at contract issue, benefit will be equal to the contract value.