Beacon Data Entry
Return of Purchase Payments Death Benefit
RO
● Active

Return of Purchase Payments Death Benefit

Protective Life Insurance Company
DTCC ID
COMPANY Protective Life Insurance Company
INCEPTION Dec 21, 2022
CLOSED
Benefit name
Return of Purchase Payments Death Benefit
Internal benefit name
Return of Purchase Payments Death Benefit
Status
● Active
Inception date
21 Dec 2022
Closed date
Benefit description
Available during accumulation phase as Return of Purchase Payment Death Benefit. Upon death of owner, benefit will be greater of - 1) contract value, or 2) total purchase payments adjusted for withdrawals. Benefit will never be more than the Contract Value plus $1,000,000. No fee will be charged for ROPDB, if ROPDB value will be less than the Contract value DB value.