BD
● Terminated
Basic Death Benefit
Everlake Life Insurance Company
DTCC ID
—
COMPANY
Everlake Life Insurance Company
INCEPTION
Aug 01, 2002
CLOSED
Sep 01, 2013
Identity
Benefit name
Basic Death Benefit
Internal benefit name
Basic Death Benefit
Company
Status
● Terminated
Inception date
01 Aug 2002
Closed date
01 Sep 2013
Description & Notes
Benefit description
Available during accumulation phase. Upon death of owner, benefit will be greater of - 1) contract value, 2) Settlement Value (that is, the amount payable on a full withdrawal of Contract Value) 3) total purchase payments adjusted for withdrawals or 4) the greatest of the Contract Values on each Death Benefit Anniversary .