BD
● Active
Basic Death Benefit
AuguStar Life Insurance Company
DTCC ID
—
COMPANY
AuguStar Life Insurance Company
TYPE
Indexed Annuity
INCEPTION
Oct 03, 2016
Identity
Benefit name
Basic Death Benefit
Internal benefit name
Basic Death Benefit
Company
Product policy type
Indexed Annuity
Status
● Active
Sequence
1
Inception date
Oct 03, 2016
Closed date
—
DTCC Rider ID
—
Last modified
May 16, 2018
Life & Age
Based on life
Annuitant
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
—
Partial withdrawals
Reduce death benefit dollar-for-dollar.
Required min distributions
—
Coverage Flags
Exclude premium bonus
No
Spousal continuation option
Yes
Spousal continuation detail
Lump Sum, Spousal Continuation, Beneficiary Stretch, 5-year Continuation, Annuitization.
State Availability
Exception flag
No
Available in states
—
Benefit Description
Available during accumulation phase. Upon death of annuitant, benefit will be equal to will be equal to the greater of the contract value or the surrender value.
Lifecycle Events
—