RO
● Active
Return of Purchase Payments Death Benefit
Pruco Life Insurance Company of New Jersey
DTCC ID
—
COMPANY
Pruco Life Insurance Company of New Jersey
TYPE
Variable Annuity
INCEPTION
Apr 28, 2014
Identity
Benefit name
Return of Purchase Payments Death Benefit
Internal benefit name
Return of Purchase Payments Death Benefit
Product policy type
Variable Annuity
Status
● Active
Sequence
2
Inception date
Apr 28, 2014
Closed date
—
DTCC Rider ID
—
Last modified
Apr 22, 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
Optional
Waiting period
—
Waiting term
—
Benefit Base
Maximum benefit base
—
Maximum benefit base %
—
With reduce benefit base
—
Subsequent premium
Additional Adjusted Purchase Payments increase the Death Benefit Amount.
Partial withdrawals
Withdrawal reduces the death benefit amount proportionally to the reduction in the contract value.
Required min distributions
None.
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. Upon death of owner, benefit will be greater of - 1) Account Value; and 2) return of purchase payments amount. Initially return of purchase payments amount is equal to sum of all adjusted purchase payments; thereafter, increased by subsequent purchase payments and reduced for withdrawals. Issuer imposes a charge of 0.17% of Premium Based Plus 0.18% of Account Value. Premium Based Charge is deducted quarterly and Account Value charge is deducted daily.
Lifecycle Events
Cancellation
Once elected may not be cancelled.
Termination
Once elected may not be terminated.
Available when added
Only at contract issue.
Effect change ownership
Change in ownership will result in termination of rider.