BD
● Terminated
Basic Death Benefit
New York Life Insurance and Annuity Corporation
DTCC ID
—
COMPANY
New York Life Insurance and Annuity Corporation
INCEPTION
May 01, 2015
CLOSED
—
Identity
Benefit name
Basic Death Benefit
Internal benefit name
Basic Death Benefit
Status
● Terminated
Inception date
01 May 2015
Closed date
—
Description & Notes
Benefit description
Available during accumulation phase. Upon death of owner or annuitant, benefit will be greater of - 1) contract value or 2) total purchase payments adjusted for withdrawals.