SD
● Active
Standard Death Benefit
Equitable Financial Life Insurance Company of America
DTCC ID
—
COMPANY
Equitable Financial Life Insurance Company of America
TYPE
Variable Annuity
INCEPTION
May 01, 2002
Identity
Benefit name
Standard Death Benefit
Internal benefit name
Standard Death Benefit
Product policy type
Variable Annuity
Status
● Active
Sequence
1
Inception date
May 01, 2002
Closed date
—
DTCC Rider ID
—
Last modified
Jan 20, 2023
Life & Age
Based on life
Annuitant
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 purchase payment will increase benefit base by dollar-for-dollar amount.
Partial withdrawals
Withdrawals will reduce benefit base by dollar-for-dollar amount.
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 will be greater of - 1) contract value or 2) standard death benefit. Standard death benefit equals initial purchase payment, thereafter, adjusted for withdrawals and subsequent payments.
Lifecycle Events
Cancellation
May not be cancelled.
Termination
May not be terminated.