EE
● Active
Earnings Enhancement Death Benefit
Pacific Life Insurance Company
DTCC ID
—
COMPANY
Pacific Life Insurance Company
TYPE
Variable Annuity
INCEPTION
Jul 18, 2022
Identity
Benefit name
Earnings Enhancement Death Benefit
Internal benefit name
Earnings Enhancement Death Benefit
Company
Product policy type
Variable Annuity
Status
● Active
Sequence
3
Inception date
Jul 18, 2022
Closed date
—
DTCC Rider ID
—
Last modified
May 07, 2025
Life & Age
Based on life
Owner (or Annuitant if owner is a natural entity)
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
Issuer will recalculate benefit base upon partial withdrawal.
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
No
Available in states
—
Benefit Description
Available during accumulation phase. Upon death of owner or Annuitant, Issuer will add 40% of earnings (25% if owner ages between 70 to 75) to any death benefit payable under contract. Earnings is amount by which sum of contract value, exceeds remaining purchase payments. In California the rider will be called "Earnings Enhancement Death Benefit II" and its charges will remain the same.
Lifecycle Events
Cancellation
Benefit may automatically cancel under certain conditions.
Termination
Benefit will automatically terminate upon earliest of 1) change in ownership; 2) surrender; 3) annuitization; 4) contract value and benefits base reduces to zero; or 5) death.
Available when added
At contract issue or within 60 days from contract issue date.
Effect change ownership
Change in ownership will result in termination of rider except under certain conditions.