RO
● Active
Return of Premium Death Benefit
Brighthouse Life Insurance Company of NY
DTCC ID
—
COMPANY
Brighthouse Life Insurance Company of NY
TYPE
RILA
INCEPTION
Mar 06, 2017
Identity
Benefit name
Return of Premium Death Benefit
Internal benefit name
Return of Premium Death Benefit
Product policy type
RILA
Status
● Active
Sequence
2
Inception date
Mar 06, 2017
Closed date
—
DTCC Rider ID
—
Last modified
Oct 05, 2023
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
Optional
Waiting period
—
Waiting term
—
Benefit Base
Maximum benefit base
—
Maximum benefit base %
—
With reduce benefit base
—
Subsequent premium
—
Partial withdrawals
—
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.
State Availability
Exception flag
No
Available in states
—
Benefit Description
Available during accumulation phase. If owner/Annuitant's age is 72 or younger at contract issue date, death benefit will be greater of 1) account value or 2) purchase payment, reduced proportionately by the percentage reduction in Account Value of the Shield Option(s) and the Fixed Account for each partial withdrawal.
Lifecycle Events
Cancellation
May not be cancelled.
Termination
Rider terminates upon earliest of 1) contract termination, 2) annuitization or 3) account value reduced to zero.
Effect change ownership
Contact Issuer for details.