TD
● Active
Traditional Death Benefit
Allianz Life Insurance Company of North America
DTCC ID
—
COMPANY
Allianz Life Insurance Company of North America
TYPE
RILA
INCEPTION
Oct 18, 2021
Identity
Benefit name
Traditional Death Benefit
Internal benefit name
Traditional Death Benefit
Product policy type
RILA
Status
● Active
Sequence
1
Inception date
Oct 18, 2021
Closed date
—
DTCC Rider ID
—
Last modified
Nov 13, 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
Mandatory
Waiting period
—
Waiting term
—
Benefit Base
Maximum benefit base
—
Maximum benefit base %
—
With reduce benefit base
—
Subsequent premium
Subsequent premium increases the charge base on dollar-for-dollar basis.
Partial withdrawals
Withdrawal reduces the death benefit value proportionally to the reduction to the contract value.
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.
State Availability
Exception flag
No
Available in states
—
Benefit Description
Available during accumulation phase, upon death of owner or annuitant, benefit will be greater of - 1) contract value; or 2) total purchase payment adjusted for withdrawals.
Lifecycle Events
Cancellation
May not be cancelled.
Termination
May automatically gets terminated upon earliest of the 1) annuitization; 2) Guaranteed death benefit value or contract value reaches to zero; or 3) contract terminates
Effect change ownership
The surviving spouse becomes the new Owner and may exercise all of the Owner's rights, including naming a new Beneficiary or Beneficiaries.