BD
● Terminated
Basic Death Benefit
Jackson National Life Insurance Company of New York
DTCC ID
—
COMPANY
Jackson National Life Insurance Company of New York
TYPE
Variable Annuity
INCEPTION
Apr 27, 2020
Identity
Benefit name
Basic Death Benefit
Internal benefit name
Basic Death Benefit
Product policy type
Variable Annuity
Status
● Terminated
Sequence
1
Inception date
Apr 27, 2020
Closed date
Jan 01, 2025
DTCC Rider ID
—
Last modified
May 20, 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
Withdrawal reduces the benefit base proportionally to the reduction in the contract value.
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 the accumulation phase. Upon the death of the owner, the benefit will be equal to the greater of 1) contract value or 2) premiums adjusted for withdrawals.
Lifecycle Events
Cancellation
May not be cancelled.
Termination
May not be terminated.
Available when added
No longer available for new purchases.