BD
● Active
Basic Death Benefit
Global Atlantic
DTCC ID
—
COMPANY
Global Atlantic
TYPE
Indexed Annuity
INCEPTION
Nov 07, 2014
Identity
Benefit name
Basic Death Benefit
Internal benefit name
Basic Death Benefit
Company
Product policy type
Indexed Annuity
Status
● Active
Sequence
1
Inception date
Nov 07, 2014
Closed date
—
DTCC Rider ID
—
Last modified
Apr 04, 2017
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
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, benefit will be equal to the contract value.
Lifecycle Events
Available when added
Only at contract issue.