Beacon Data Entry
Contract Value Death Benefit
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● Active

Contract Value Death Benefit

American General Life Insurance Company
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DTCC ID —
COMPANY American General Life Insurance Company
TYPE Variable Annuity
INCEPTION Oct 01, 2013
Identity
Benefit name
Contract Value Death Benefit
Internal benefit name
Contract Value Death Benefit
Company
American General Life Insurance Company
Product policy type
Variable Annuity
Status
● Active
Sequence
1
Inception date
Oct 01, 2013
Closed date
—
DTCC Rider ID
—
Last modified
May 06, 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
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

Available during accumulation phase. Upon death of owner(or annuitant if owner is a non- natural person), benefit will be equal to the contract value. There is an Extended Legacy Program, offered by issuer, for beneficiaries to continue the contract after the death of the owner. The program is not available under rollover contracts and with any other than 5-year settlement option. Upon election, beneficiary may choose to receive the death benefit under either 1) a 5-year settlement option (starting from death of owner); or 2) in the form of withdrawals for a longer period of time. Issuer will charge the beneficiary an annual base contract expense of 1.15%. This charge is deducted daily from the average daily ending net asset value allocated to the Variable Portfolios.

Lifecycle Events
Cancellation
May not be cancelled.
Termination
May not be terminated.
Effect change ownership
Not Applicable.