Beacon Data Entry
Return of Purchase Payments Death Benefit
RO
● Terminated

Return of Purchase Payments Death Benefit

RiverSource Life Insurance Co of New York
DTCC ID
COMPANY RiverSource Life Insurance Co of New York
INCEPTION Apr 29, 2013
CLOSED
Benefit name
Return of Purchase Payments Death Benefit
Internal benefit name
Return of Purchase Payments Death Benefit
Status
● Terminated
Inception date
29 Apr 2013
Closed date
Benefit description
Available during accumulation phase. Upon death of owner, 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. Owner may elect this benefit if age 80 or older at issue.