FI
● Terminated
Future Income Rider - Death Benefit
New York Life Insurance and Annuity Corporation
DTCC ID
—
COMPANY
New York Life Insurance and Annuity Corporation
TYPE
Variable Annuity
INCEPTION
May 01, 2015
Identity
Benefit name
Future Income Rider - Death Benefit
Internal benefit name
Future Income Rider - Death Benefit
Product policy type
Variable Annuity
Status
● Terminated
Sequence
2
Inception date
May 01, 2015
Closed date
May 01, 2017
DTCC Rider ID
—
Last modified
Apr 23, 2025
Life & Age
Based on life
Owner and Annuitant
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
Not Applicable.
Partial withdrawals
Not Applicable.
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 after accumulation phase and before Future Income Start Date. Upon death of Owner or Annuitant, benefit will be equal to cumulative Future Income Purchases.
Lifecycle Events
Cancellation
Benefit will be cancelled upon cancellation of Future Income Rider.
Termination
Benefit will terminate upon termination of Future Income Rider.
Available when added
No longer available for new purchases.
Effect change ownership
Not Applicable.