Beacon Data Entry
Annual Ratchet Death Benefit
AR
● Active

Annual Ratchet Death Benefit

American General Life Insurance Company
DTCC ID
COMPANY American General Life Insurance Company
INCEPTION Jul 04, 1998
CLOSED
Benefit name
Annual Ratchet Death Benefit
Internal benefit name
Annual Ratchet Death Benefit
Status
● Active
Inception date
04 Jul 1998
Closed date
Benefit description
Available during accumulation phase. Upon death of owner or annuitant, benefit will be greatest of - 1) contract value; 2) total purchase payments adjusted for withdrawals; or 3)Highest contract value achieved on any anniversary plus any Net Purchase Payments.