RO
● Active
Return of Adjusted Purchase Payments Death Benefit
Pruco Life Insurance Company of New Jersey
DTCC ID
—
COMPANY
Pruco Life Insurance Company of New Jersey
TYPE
Variable Annuity
INCEPTION
Nov 30, 2020
Identity
Benefit name
Return of Adjusted Purchase Payments Death Benefit
Internal benefit name
Return of Adjusted Purchase Payments Death Benefit
Product policy type
Variable Annuity
Status
● Active
Sequence
2
Inception date
Nov 30, 2020
Closed date
—
DTCC Rider ID
—
Last modified
Apr 23, 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
Optional
Waiting period
—
Waiting term
—
Benefit Base
Maximum benefit base
—
Maximum benefit base %
—
With reduce benefit base
—
Subsequent premium
Additional Purchase Payments increase the Death Benefit Amount Dollar-for-Dollar.
Partial withdrawals
Withdrawal reduces the death benefit amount 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 accumulation phase. Upon death of owner the death benefit amount is equal to the greater of 1) the Account Value; and 2) sum of all purchase payments adjusted for withdrawals.
Lifecycle Events
Cancellation
May not be cancelled.
Termination
Benefit will automatically terminate upon earliest of - 1) annuitization, 2) surrender, 3) contract value and benefits base reduces to zero, 4) death, or 5) change of ownership.
Available when added
At the time of contract issue or first 30 days following the contract issue date.
Effect change ownership
Change of owner or annuitant on whose life benefit is based, will terminate the benefit.