RO
● Active
Return of Premium Death Benefit
Forethought Life Insurance Company
DTCC ID
—
COMPANY
Forethought Life Insurance Company
TYPE
RILA
INCEPTION
Oct 21, 2024
Identity
Benefit name
Return of Premium Death Benefit
Internal benefit name
Return of Premium Death Benefit
Product policy type
RILA
Status
● Active
Sequence
2
Inception date
Oct 21, 2024
Closed date
—
DTCC Rider ID
—
Last modified
May 14, 2025
Life & Age
Based on life
Owner (or Annuitant if owner is a non-natural person)
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
Not Available
Partial withdrawals
Withdrawals will reduce benefit base proportionally except for systematic withdrawal to pay advisory fee.
Required min distributions
RMDs will reduce benefit base 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
Available during accumulation phase. Upon death of owner, benefit will be greater of - 1) contract value, or 2) total purchase payments adjusted for withdrawals. Benefit base will never be more than contract value plus $1,000,000.
Lifecycle Events
Cancellation
Once elected may not be cancelled.
Termination
Advisory fee withdrawals that reduce the Contract Value below the minimum Contract Value may result in a termination of the Contract
Available when added
At the time of contract issue.
Effect change ownership
Once elected may not be changed.