ED
● Terminated
Enhanced Death Benefit
American General Life Insurance Company
DTCC ID
—
COMPANY
American General Life Insurance Company
TYPE
Variable Annuity
INCEPTION
Jan 23, 1984
Identity
Benefit name
Enhanced Death Benefit
Internal benefit name
Enhanced Death Benefit
Product policy type
Variable Annuity
Status
● Terminated
Sequence
2
Inception date
Jan 23, 1984
Closed date
—
DTCC Rider ID
—
Last modified
Aug 29, 2024
Life & Age
Based on life
Annuitant
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
Spouse may continues the contract after the death of owner.
State Availability
Exception flag
No
Available in states
—
Benefit Description
Available during accumulation phase. Upon death of annuitant, benefit will be greatest of - 1) contract value; 2) highest contract value on any contract anniversary prior to annuitant's 80th birthday, adjusted for withdrawals and subsequent payments. If elected the optional enhanced death benefit between September 4, 1997, death benefit payable would be between one year prior to the election of the enhanced death benefit and the Annuitant's 75th birthday.
Lifecycle Events
Available when added
No longer available for new purchases.