RO
● Terminated
Return of Purchase Payment Death Benefit
MEMBERS Life Insurance Company
DTCC ID
—
COMPANY
MEMBERS Life Insurance Company
TYPE
RILA
INCEPTION
Dec 03, 2018
Identity
Benefit name
Return of Purchase Payment Death Benefit
Internal benefit name
Return of Purchase Payment Death Benefit
Company
Product policy type
RILA
Status
● Terminated
Sequence
1
Inception date
Dec 03, 2018
Closed date
Sep 13, 2024
DTCC Rider ID
—
Last modified
Dec 08, 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
—
Partial withdrawals
Withdrawals will reduce benefit base in same proportion.
Required min distributions
—
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.
Lifecycle Events
Available when added
No longer available for new purchases.
Effect change ownership
Change in ownership will result in termination of rider except under certain conditions.