Beacon Data Entry
Return of Purchase Payments Death Benefit
RO
● Terminated

Return of Purchase Payments Death Benefit

Protective Life Insurance Company
DTCC ID
COMPANY Protective Life Insurance Company
INCEPTION Nov 25, 2019
CLOSED Mar 13, 2023
Benefit name
Return of Purchase Payments Death Benefit
Internal benefit name
Return of Purchase Payments Death Benefit
Status
● Terminated
Inception date
25 Nov 2019
Closed date
13 Mar 2023
Benefit description
Available during accumulation phase as Return of Purchase Payment Death Benefit. Upon death of owner, benefit will be greater of - 1) contract value, or 2) total purchase payments adjusted for withdrawals. Benefit will never be more than the Contract Value plus $1,000,000