FD
● Active
Flex DB Core
Jackson National Life Insurance Company of New York
DTCC ID
—
COMPANY
Jackson National Life Insurance Company of New York
TYPE
Variable Annuity
INCEPTION
Jun 24, 2019
Identity
Benefit name
Flex DB Core
Internal benefit name
Flex DB Core
Product policy type
Variable Annuity
Status
● Active
Sequence
3
Inception date
Jun 24, 2019
Closed date
—
DTCC Rider ID
—
Last modified
Apr 27, 2026
Life & Age
Based on life
Owner
Single life
No
Joint life
No
Min age
—
Max age
—
Rider select rule
—
Waiting period
—
Waiting term
—
Benefit Base
Maximum benefit base
—
Maximum benefit base %
—
With reduce benefit base
—
Subsequent premium
Not Applicable.
Partial withdrawals
Withdrawals less than or equal to GAWA will not reduce GMWB death benefit, and in same proportion by excess withdrawal. Living benefit will reduce benefit base by dollar amount for portion of withdrawal not defined as excess withdrawal and in same proportion by excess withdrawal.
Required min distributions
None.
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
Benefit is only available in conjunction with Flex GMWB Single Option with Core. Upon death of owner, benefit is greater of - 1) basic death benefit, or 2) GMWB death benefit. Basic death benefit is greater of - a) contract value, or b) total purchase payments adjusted for withdrawals. GMWB death benefit is equal to initial purchase payments adjusted for additional purchase payments made, Contract Enhancements and withdrawals. On each contract anniversary following rider date, GMWB Death Benefit will step up to contract value if contract value is greater than GMWB Death Benefit subject to maximum of $10 million.
Lifecycle Events
Cancellation
Benefit may automatically terminate under certain conditions.
Termination
Benefit will automatically terminate upon termination of Flex GMWB.
Available when added
Available only with Flex GMWB Single Option with Core.
Effect change ownership
Not Applicable.