OD
● Terminated
Optional Death Benefit
Genworth Life and Annuity Insurance Company
DTCC ID
—
COMPANY
Genworth Life and Annuity Insurance Company
TYPE
Variable Annuity
INCEPTION
—
Identity
Benefit name
Optional Death Benefit
Internal benefit name
Optional Death Benefit
Product policy type
Variable Annuity
Status
● Terminated
Sequence
4
Inception date
—
Closed date
Apr 30, 2010
DTCC Rider ID
—
Last modified
Oct 07, 2025
Life & Age
Based on life
Annuitant
Single life
No
Joint life
No
Min age
—
Max age
—
Rider select rule
Optional
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
—
Coverage Flags
Exclude premium bonus
No
Spousal continuation option
No
State Availability
Exception flag
No
Available in states
—
Benefit Description
Available during accumulation phase. Upon death of annuitant, if annuitant is age 80 or younger at issue, benefit will be greatest of - 1) purchase payments adjusted for withdrawals, 2) contract value, or 3) contract value on any contract anniversary, prior to annuitant's 80th birthday, adjusted for purchase payments made and reduced for withdrawals. If annuitant is age 81 or older at issue, benefit will be equal to or greater of - 1) Contract Value. 2) purchase payments adjusted for withdrawals.
Lifecycle Events
Cancellation
Once elected may not be cancelled.
Termination
Once elected may not be terminated.
Available when added
No longer available for new purchases.