CV
● Active
Contract Value Death Benefit
RiverSource Life Insurance Company
DTCC ID
—
COMPANY
RiverSource Life Insurance Company
TYPE
Variable Annuity
INCEPTION
Apr 29, 2022
Identity
Benefit name
Contract Value Death Benefit
Internal benefit name
Contract Value Death Benefit
Product policy type
Variable Annuity
Status
● Active
Sequence
1
Inception date
Apr 29, 2022
Closed date
—
DTCC Rider ID
—
Last modified
May 14, 2025
Life & Age
Based on life
Owner
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
None.
Partial withdrawals
None.
Required min distributions
None.
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
Rider is available at accumulation phase for NQ contracts only. Upon death of the owner the death benefit will be equal to the contract value. NQ contract owners have an option to elect this rider at reduced M&E charges not varying on ages. For contributions less than $1 million charges are 1.0% and for contributions greater than $1 million charges are 0.90%.
Lifecycle Events
Cancellation
May not be cancelled.
Termination
May not be terminated.
Available when added
Available at contract issue and for NQ contracts only.
Effect change ownership
None.