RO
● Terminated
Return of Purchase Payments Death Benefit
RiverSource Life Insurance Company
DTCC ID
—
COMPANY
RiverSource Life Insurance Company
TYPE
Variable Annuity
INCEPTION
Aug 16, 2004
Identity
Benefit name
Return of Purchase Payments Death Benefit
Internal benefit name
Return of Purchase Payments Death Benefit
Product policy type
Variable Annuity
Status
● Terminated
Sequence
2
Inception date
Aug 16, 2004
Closed date
—
DTCC Rider ID
—
Last modified
Oct 16, 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
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
—
Coverage Flags
Exclude premium bonus
No
Spousal continuation option
Yes
Spousal continuation detail
Surviving spouse may elect to continue benefit after death of owner only if he/she is of age 76 or older.
State Availability
Exception flag
No
Available in states
—
Benefit Description
Available during accumulation phase. Upon death of owner, benefit will be greater of - 1) contract value, less any purchase payment credits subject to reversal, less any applicable rider charges; or 2) purchase payments minus adjusted partial surrenders. Return of Purchase Payments Value is equal to initial purchase payments, increased by subsequent purchase payments and reduced for withdrawals. Owner may elect this benefit if age 76 or older at issue. This rider will be included in Standard Death Benefit, if owner is of age 75 or younger.
Lifecycle Events
Cancellation
May be cancelled any time after election.
Termination
May be terminated 1) within 30 days of the first contract anniversary after the rider effective date 2) within 30 days of any contract anniversary beginning with the seventh contract anniversary 3) Surrender 4) Annuitization.
Available when added
No longer available for new purchases.