SD
● Active
Standard Death Benefit
RiverSource Life Insurance Company
DTCC ID
—
COMPANY
RiverSource Life Insurance Company
TYPE
RILA
INCEPTION
Dec 29, 2023
Identity
Benefit name
Standard Death Benefit
Internal benefit name
Standard Death Benefit
Product policy type
RILA
Status
● Active
Sequence
1
Inception date
Dec 29, 2023
Closed date
—
DTCC Rider ID
—
Last modified
May 08, 2025
Life & Age
Based on life
Owner
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
A partial surrender reduces the ROPP Value proportionally to the percentage of Contract Value withdrawn.
Required min distributions
RMDs will reduce the death benefit proportionally.
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
During the accumulation phase, if the contract owner is 80 years or younger at the contract issue date, the benefit provided will be the highest of three options: 1) the contract value adjusted with any rider charge, 2) the full surrender value available under the contract, or 3) the return of purchase payment (ROPP) value. However, if the contract owner is 81 years or older at the contract issue date, the benefit will be the greater of 1) the contract value adjusted with any rider charge or 2) the full surrender value available under the contract.
Lifecycle Events
Cancellation
May not be cancelled.
Termination
May not be terminated.
Available when added
At the time of Contract Issue.