SD
● Terminated
Standard Death Benefit (Return of Premium)
Nationwide Life Insurance Company
DTCC ID
—
COMPANY
Nationwide Life Insurance Company
TYPE
RILA
INCEPTION
Aug 17, 2020
Identity
Benefit name
Standard Death Benefit (Return of Premium)
Internal benefit name
Standard Death Benefit (Return of Premium)
Product policy type
RILA
Status
● Terminated
Sequence
1
Inception date
Aug 17, 2020
Closed date
May 20, 2025
DTCC Rider ID
—
Last modified
Jun 13, 2025
Life & Age
Based on life
Annuitant
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
None.
Partial withdrawals
Withdrawals will reduce the benefit base proportionally.
Required min distributions
None.
Coverage Flags
Exclude premium bonus
No
Spousal continuation option
Yes
Spousal continuation detail
Surviving spouse can continue the Contract, the entire Death Benefit will be automatically reallocated to the Default Option.
State Availability
Exception flag
No
Available in states
—
Benefit Description
Available during accumulation phase. Upon death of annuitant, if age of annuitant is 75 or younger at the time of issue, the Death Benefit will be the greater of the following a) the Contract Accumulation Value; or b) the Purchase Payment, less an adjustment for withdrawals. If age of annuitant is 75 or older at the time of issue, the Death Benefit will equal the Contract Accumulation Value.
Lifecycle Events
Cancellation
May not be cancelled.
Termination
May not be terminated.
Available when added
No longer available for new purchases.
Effect change ownership
None.