Beacon Data Entry
Standard Death Benefit
SD
● Active

Standard Death Benefit

Pacific Life & Annuity Company
DTCC ID
COMPANY Pacific Life & Annuity Company
INCEPTION Mar 21, 2022
CLOSED
Benefit name
Standard Death Benefit
Internal benefit name
Standard Death Benefit
Status
● Active
Inception date
21 Mar 2022
Closed date
Benefit description
Available during accumulation phase. Upon death of owner or annuitant, benefit will be equal to contract value. Withdrawals for advisory fees up to 1.5% of the Contract Value during the calendar year will not impact the Death Benefit Amount under the Benefit. Any advisory fee withdrawals that exceed this annual limit will result in a reduction of the Death Benefit Amount.