BD
● Active
Basic Death Benefit
Lincoln Life & Annuity Company of New York
DTCC ID
—
COMPANY
Lincoln Life & Annuity Company of New York
TYPE
Indexed Annuity
INCEPTION
Mar 01, 2012
Identity
Benefit name
Basic Death Benefit
Internal benefit name
Basic Death Benefit
Product policy type
Indexed Annuity
Status
● Active
Sequence
1
Inception date
Mar 01, 2012
Closed date
—
DTCC Rider ID
—
Last modified
Feb 19, 2020
Life & Age
Based on life
Owner
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
—
Partial withdrawals
—
Required min distributions
—
Coverage Flags
Exclude premium bonus
No
Spousal continuation option
No
State Availability
Exception flag
No
Available in states
—
Benefit Description
The Death Benefit is equal to the Accumulation Value (surrender charges do not apply). If death occurs after annuity payments have begun, the death benefit, if any, is paid according to the annuity payment option selected.
Lifecycle Events
—