PV
● Active
Policy Value Death Benefit
Transamerica Life Insurance Company
DTCC ID
—
COMPANY
Transamerica Life Insurance Company
TYPE
RILA
INCEPTION
May 16, 2022
Identity
Benefit name
Policy Value Death Benefit
Internal benefit name
Policy Value Death Benefit
Product policy type
RILA
Status
● Active
Sequence
1
Inception date
May 16, 2022
Closed date
—
DTCC Rider ID
—
Last modified
Nov 07, 2025
Life & Age
Based on life
Owner and 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
Subsequent premium payments will increase the benefit base by dollar for dollar.
Partial withdrawals
Withdrawals will reduce the benefit base proportionately.
Required min distributions
—
Coverage Flags
Exclude premium bonus
No
Spousal continuation option
Yes
Spousal continuation detail
Surviving spouse may elect to continue the contract even after the demise of annuitant
State Availability
Exception flag
No
Available in states
—
Benefit Description
Available during accumulation phase only. Upon death of annuitant, If the Annuitant and the Owner are the same person, benefit base will equal the Policy Value (i.e., the total value of your investment in the Accounts, with no deduction for any surrender charges). If the Annuitant and the Owner are not the same person, Upon the death of the Annuitant, the standard death benefit will equal the Policy Value. Upon the death of the Owner, the standard death benefit will equal the Policy’s cash value (i.e., the Policy Value less any applicable surrender charges).
Lifecycle Events
Cancellation
May not be cancelled.
Termination
Benefit will get terminated upon the earliest of 1) death, 2)annuitization or 3) termination of contract.
Effect change ownership
Change in ownership may leads to termination of contract.