SD
● Terminated
Standard Death Benefit
Allianz Life Insurance Company of New York
DTCC ID
—
COMPANY
Allianz Life Insurance Company of New York
TYPE
Variable Annuity
INCEPTION
Apr 29, 2013
Identity
Benefit name
Standard Death Benefit
Internal benefit name
Standard Death Benefit
Product policy type
Variable Annuity
Status
● Terminated
Sequence
1
Inception date
Apr 29, 2013
Closed date
Mar 01, 2021
DTCC Rider ID
—
Last modified
May 20, 2025
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
Mandatory
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 will reduce benefit base in same proportion.
Required min distributions
Not Applicable.
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 as Traditional Death Benefit. Upon death of owner, benefit will be greater of - 1) contract value; or 2) total purchase payments adjusted for withdrawals.
Lifecycle Events
Cancellation
May not be cancelled.
Termination
Benefit will automatically terminated upon earliest of 1) annuitization, 2) total purchase payment adjusted for withdrawals and contract value are both zero, 3) death, or 4) contract termination.
Available when added
No longer available for new purchases.
Effect change ownership
Not Applicable.