IG
● Active
Interest Guaranteed Death Benefit
Variable Annuity Life Insurance Company
DTCC ID
—
COMPANY
Variable Annuity Life Insurance Company
TYPE
Variable Annuity
INCEPTION
Jul 11, 1995
Identity
Benefit name
Interest Guaranteed Death Benefit
Internal benefit name
Interest Guaranteed Death Benefit
Product policy type
Variable Annuity
Status
● Active
Sequence
2
Inception date
Jul 11, 1995
Closed date
—
DTCC Rider ID
—
Last modified
Apr 19, 2022
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
Death benefit payable upon the death of owner is prior to the age of 70. Death Benefit is Fixed Account Option Value plus Variable Account Option Value. Fixed Account Option Value is the greater of: a) Value of Fixed Account Option or b) 100% of Purchase Payments invested in Fixed Account Option less Amount of all prior withdrawals from the Fixed Account Option, charges and any portion of Account Value applied under a Payout Option. Variable Account Option Value is the greater of: a) Value of Variable Account Options or b) 100% of Purchase Payments invested in Variable Account Options less Amount of prior withdrawals (out of) or transfers (out of) the Variable Account Options plus Interest credited.
Lifecycle Events
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