RO
● Active
Return of Purchase Payment Death Benefit
Pruco Life Insurance Company of New Jersey
DTCC ID
—
COMPANY
Pruco Life Insurance Company of New Jersey
TYPE
RILA
INCEPTION
Mar 01, 2023
Identity
Benefit name
Return of Purchase Payment Death Benefit
Internal benefit name
Return of Purchase Payment Death Benefit
Product policy type
RILA
Status
● Active
Sequence
1
Inception date
Mar 01, 2023
Closed date
—
DTCC Rider ID
—
Last modified
May 08, 2025
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
Mandatory
Waiting period
—
Waiting term
—
Benefit Base
Maximum benefit base
—
Maximum benefit base %
—
With reduce benefit base
—
Subsequent premium
Not Applicable.
Partial withdrawals
Withdrawals reduces the death benefit amount proportionally to the contract value.
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 under certain conditions after death of owner.
State Availability
Exception flag
No
Available in states
—
Benefit Description
Available during the accumulation phase. Upon the death of the owner, the death benefit will be greater of 1) Return of Purchase Payment death benefit amount equal to all subsequent Purchase payments and reduced by any partial withdrawal; or 2) contract value. Return of Purchase Payment death benefit amount is equal to the sum of all initial purchase payments plus additional purchase payments reduced for withdrawals.
Lifecycle Events
Cancellation
May not be cancelled.
Termination
Benefit terminates automatically upon earliest of 1) annuitization, 2) death, 3) surrender; or 4) contract value reduces to zero.
Effect change ownership
Change of ownership will terminate the rider.