RO
● Active
Return Of Purchase Payment Death Benefit
Pacific Life Insurance Company
DTCC ID
—
COMPANY
Pacific Life Insurance Company
TYPE
RILA
INCEPTION
Dec 16, 2024
Identity
Benefit name
Return Of Purchase Payment Death Benefit
Internal benefit name
Return Of Purchase Payment Death Benefit
Company
Product policy type
RILA
Status
● Active
Sequence
2
Inception date
Dec 16, 2024
Closed date
—
DTCC Rider ID
—
Last modified
May 08, 2025
Life & Age
Based on life
Owner (or Annuitant if owner is a natural entity)
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
Withdrawals will reduce Death Benefit Amount in same proportion that the withdrawal reduces the contract Value.
Required min distributions
—
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 and for CA upon the death of first Annuitant. The death benefit will be greater of 1) contract value; or 2)the Total Adjustment Purchase Payments for Contract Owners (or Annuitants)The Total Adjusted Purchase Payments is equal to the sum of all Purchase Payments made into the Contract, reduced by a Pro Rata Reduction for each prior withdrawal.
Lifecycle Events
Cancellation
May not be cancelled.
Termination
Benefit will automatically terminate upon earliest of - 1) annuitization; 2) surrender; 3) full withdrawal; or 4) death.
Available when added
Only at contract issue.
Effect change ownership
Issuer will recalculate benefit amount upon change in ownership.