Beacon Data Entry
Basic Death Benefit
BD
● Terminated

Basic Death Benefit

Transamerica Life Insurance Company
DTCC ID
COMPANY Transamerica Life Insurance Company
INCEPTION May 01, 2017
CLOSED Sep 01, 2020
Benefit name
Basic Death Benefit
Internal benefit name
Basic Death Benefit
Status
● Terminated
Inception date
01 May 2017
Closed date
01 Sep 2020
Benefit description
Available during accumulation phase only. Upon death of annuitant, base death benefit will be equal to the greater of 1) the contract value, 2) cash value, 3) fixed account portion of the cash value plus separate account portion of the policy value.