RO
● Active
Return of Purchase Payment Death Benefit
Massachusetts Mutual Life Insurance Company
DTCC ID
—
COMPANY
Massachusetts Mutual Life Insurance Company
TYPE
Variable Annuity
INCEPTION
May 01, 2016
Identity
Benefit name
Return of Purchase Payment Death Benefit
Internal benefit name
Return of Purchase Payment Death Benefit
Product policy type
Variable Annuity
Status
● Active
Sequence
2
Inception date
May 01, 2016
Closed date
—
DTCC Rider ID
—
Last modified
May 09, 2025
Life & Age
Based on life
Owner (or Annuitant if owner is a non-natural person)
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
Withdrawal reduces the Death Benefit amount in the same proportion to the reduction in the Contract Value.
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. Upon death of owner, benefit will be greater of - 1) contract value; or 2) total purchase payments adjusted for withdrawals. If you elect the Return of Purchase Payment Death Benefit (ROP), we will deduct an additional charge as a percentage of the daily values of the assets invested in each Sub-Account. The charge for the ROP compensates us for the costs associated with this optional death benefit and is in addition to other standard Contract fees and expenses you are assessed.
Lifecycle Events
Cancellation
Once elected may not be cancelled.
Termination
Benefit will automatically terminate upon earliest of - 1) termination of contract, 2) annuitization of contract value, 3) Withdrawal of contract value.
Available when added
At the time of Contract Issue.
Effect change ownership
Not Applicable.