ED
● Terminated
Enhanced Death benefit
Allianz Life Insurance Company of North America
DTCC ID
—
COMPANY
Allianz Life Insurance Company of North America
TYPE
Variable Annuity
INCEPTION
Jan 05, 1999
Identity
Benefit name
Enhanced Death benefit
Internal benefit name
Enhanced Death benefit
Product policy type
Variable Annuity
Status
● Terminated
Sequence
2
Inception date
Jan 05, 1999
Closed date
Sep 22, 2008
DTCC Rider ID
—
Last modified
Mar 01, 2024
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
—
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. Upon death of owner, benefit will be greater of -1) Contract value 2) the sum of all payments you have made. or 3)the greatest value of your Contract Anniversaries prior to your 86th birthday, less the amount of any withdrawals you have made since that anniversary.
Lifecycle Events
Cancellation
Benefit may automatically terminate under certain conditions.
Termination
Benefit will automatically terminate upon earliest of - 1) annuitization, 2) contract value and benefit base reduces to zero.
Available when added
No longer available for new purchases.