RO
● Active
Return of Premium Death Benefit
Equitable Financial Life Insurance Company of America
DTCC ID
—
COMPANY
Equitable Financial Life Insurance Company of America
TYPE
Variable Annuity
INCEPTION
Feb 22, 2021
Identity
Benefit name
Return of Premium Death Benefit
Internal benefit name
Return of Premium Death Benefit
Product policy type
Variable Annuity
Status
● Active
Sequence
2
Inception date
Feb 22, 2021
Closed date
—
DTCC Rider ID
—
Last modified
May 09, 2025
Life & Age
Based on life
Owner (or Annuitant if owner is a non-natural person)
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
Not Applicable.
Partial withdrawals
Withdrawals reduce benefit proportionally.
Required min distributions
Not Applicable.
Coverage Flags
Exclude premium bonus
No
Spousal continuation option
Yes
Spousal continuation detail
Surviving spouse may elect to continue benefit after death of owner on condition that the surviving spouse must be either joint owner and for single contracts, surviving spouse must be sole primary beneficiary and must be age 75 or younger.
State Availability
Exception flag
No
Available in states
—
Benefit Description
Available during the accumulation phase, upon the death of owner(or Annuitant if owner is a non-natural person), the death benefit is greater of the 1) account value, or 2) return of premium death benefit amount. Return of Premium Death Benefit amount equals to the initial contribution plus subsequent contributions less any withdrawals.
Lifecycle Events
Cancellation
May not be cancelled.
Termination
May not be terminated.
Available when added
Only at contract issue.
Effect change ownership
Not Applicable.