BD
● Active
Basic Death Benefit
EquiTrust Life Insurance Company
DTCC ID
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COMPANY
EquiTrust Life Insurance Company
TYPE
Indexed Annuity
INCEPTION
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Identity
Benefit name
Basic Death Benefit
Internal benefit name
Basic Death Benefit
Company
Product policy type
Indexed Annuity
Status
● Active
Sequence
1
Inception date
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Closed date
—
DTCC Rider ID
—
Last modified
Oct 07, 2014
Life & Age
Based on life
Owner
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
—
Partial withdrawals
—
Required min distributions
—
Coverage Flags
Exclude premium bonus
No
Spousal continuation option
No
State Availability
Exception flag
No
Available in states
—
Benefit Description
The death benefit is the larger of - a) contract's accumulation value; or b) amount that would have been payable in the event of a full surrender on the date of death, adjusted for any payments made since the date of death. Upon death of an Owner, the Beneficiary may choose to have the Death Benefit paid immediately or applied to a payment option.
Lifecycle Events
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