RO
● Active
Return of Purchase Payments Death Benefit
Pacific Life & Annuity Company
DTCC ID
—
COMPANY
Pacific Life & Annuity Company
INCEPTION
Jul 19, 2023
CLOSED
—
Identity
Benefit name
Return of Purchase Payments Death Benefit
Internal benefit name
Return of Purchase Payments Death Benefit
Company
Status
● Active
Inception date
19 Jul 2023
Closed date
—
Description & Notes
Benefit description
Available during accumulation phase only. Upon death of owner (any Annuitant for Non-Natural Owners), benefit will be equal to the greater of - 1) Contract Value or 2) Total Adjusted Purchase Payments. If owner change, the total adjusted purchase payments will be reset to equal the lesser of -1) Contract Value as of the effective date of the Owner change or 2) Total Adjusted Purchase Payments as of Change Date.