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
RILA
INCEPTION
Jun 21, 2021
Identity
Benefit name
Return of Premium Death Benefit
Internal benefit name
Return of Premium Death Benefit
Product policy type
RILA
Status
● Active
Sequence
2
Inception date
Jun 21, 2021
Closed date
—
DTCC Rider ID
—
Last modified
Apr 30, 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
—
Partial withdrawals
Withdrawals will reduce benefit base proportionally.
Required min distributions
RMDs will reduce benefit base proportionally.
Coverage Flags
Exclude premium bonus
No
Spousal continuation option
Yes
Spousal continuation detail
Surviving spouse may elect to continue benefit under certain conditions after death of owner.
State Availability
Exception flag
No
Available in states
—
Benefit Description
Available during the accumulation phase, upon the death of owner or annuitant, 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
Termination
Once elected may not be terminated.
Available when added
At the contract issue.
Effect change ownership
Change in ownership will result in termination of rider except under certain conditions.