SD
● Active
Stepped-Up Death Benefit - CA Only
Pacific Life Insurance Company
DTCC ID
—
COMPANY
Pacific Life Insurance Company
TYPE
Variable Annuity
INCEPTION
Jun 01, 2021
Identity
Benefit name
Stepped-Up Death Benefit - CA Only
Internal benefit name
Stepped-Up Death Benefit - CA Only
Company
Product policy type
Variable Annuity
Status
● Active
Sequence
4
Inception date
Jun 01, 2021
Closed date
—
DTCC Rider ID
—
Last modified
Apr 22, 2026
Life & Age
Based on life
Owner (or Annuitant if owner is a non-natural person)
Single life
No
Joint life
No
Min age
—
Max age
—
Rider select rule
Optional
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 in same proportion.
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
Yes
Available in states
—
Not available in states
AL, AK, AZ, AR, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY
Benefit Description
Available during accumulation phase only. Upon death of first annuitant, benefit will be greater of - 1) Death Benefit Amount; or 2) Guaranteed Minimum Death Benefit Amount. Death Benefit Amount is greater of - 1) contract value; or 2) total purchase payments adjusted for withdrawals. GMDB benefit base equals contract anniversary values prior to annuitant's 81st birthday, reduced for withdrawals and increased by purchase payments made and the death benefit is payable upon the death of the first annuitant.
Lifecycle Events
Cancellation
May not be cancelled
Termination
Benefit will automatically terminate upon earliest of - 1) annuitization; 2) surrender; 3) contract value and benefits base reduces to zero; or 4) death.
Available when added
Only at contract issue.
Effect change ownership
Issuer will recalculate benefit amount upon change in ownership.