Beacon Data Entry
SecureSource Legacy Benefit
SL
● Terminated

SecureSource Legacy Benefit

RiverSource Life Insurance Co of New York
DTCC ID
COMPANY RiverSource Life Insurance Co of New York
INCEPTION Apr 30, 2018
CLOSED
Benefit name
SecureSource Legacy Benefit
Internal benefit name
SecureSource Legacy Benefit
Status
● Terminated
Inception date
30 Apr 2018
Closed date
Benefit description
Available at accumulation phase, rider provides an additional death benefit guarantees that may increase the death benefit provided under the contract. The benefit under the rider is the amount subject to the maximum amount of $20 million and is equal to the initial purchase payment plus any subsequent purchase payments reduced by withdrawals. At every rider anniversary, benefit amount will be increased to the contract value if the contract value is greater.