Beacon Data Entry
Maximum Daily Value Death Benefit
MD
● Active

Maximum Daily Value Death Benefit

Protective Life Insurance Company
DTCC ID
COMPANY Protective Life Insurance Company
INCEPTION Oct 07, 2024
CLOSED
Benefit name
Maximum Daily Value Death Benefit
Internal benefit name
Maximum Daily Value Death Benefit
Status
● Active
Inception date
07 Oct 2024
Closed date
Benefit description
Available during accumulation phase. Upon death of owner, benefit will be greatest of - 1) contract value, 2) total purchase payments adjusted for withdrawals, or 3) highest quarterly contract value calculated on each contract quarterly anniversary, prior to owner's 83rd birthday, increased by purchase payments and reduced for withdrawals made after reset date. Benefit base will never be more than contract value plus $1,000,000.