RO
● Active
Return of Principal Death Benefit
Equitable Financial Life Insurance Company
DTCC ID
—
COMPANY
Equitable Financial Life Insurance Company
TYPE
Variable Annuity
INCEPTION
Jun 24, 2019
Identity
Benefit name
Return of Principal Death Benefit
Internal benefit name
Return of Principal Death Benefit
Product policy type
Variable Annuity
Status
● Active
Sequence
1
Inception date
Jun 24, 2019
Closed date
—
DTCC Rider ID
—
Last modified
May 02, 2025
Life & Age
Based on life
Owner (or Annuitant if owner is a natural entity)
Single life
No
Joint life
No
Min age
—
Max age
—
Rider select rule
Mandatory
Waiting period
—
Waiting term
—
Benefit Base
Maximum benefit base
—
Maximum benefit base %
—
With reduce benefit base
—
Subsequent premium
Subsequent purchase payment will increase benefit base by dollar-for-dollar amount.
Partial withdrawals
Withdrawals will reduce benefit base in same proportion.
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
A Guaranteed Minimum Death Benefit (GMDB) available in the accumulation phase, that can only be funded by the Protected Benefit Account. Upon death of owner, the death benefit base will be equal to initial or subsequent contributions, plus amounts contributed to Special DCA program for future transfers, plus amounts transferred, less withdrawals, to and from the Protected Benefit Account.
Lifecycle Events
Cancellation
Not Applicable.
Termination
May be terminated any time after election.
Available when added
At the time of Contract Issue.
Effect change ownership
Change in ownership will result in termination of rider except under certain conditions.