SD
● Active
Standard Death Benefit
Empower Annuity Insurance Company of America
DTCC ID
—
COMPANY
Empower Annuity Insurance Company of America
TYPE
RILA
INCEPTION
Dec 06, 2017
Identity
Benefit name
Standard Death Benefit
Internal benefit name
Standard Death Benefit
Product policy type
RILA
Status
● Active
Sequence
1
Inception date
Dec 06, 2017
Closed date
—
DTCC Rider ID
—
Last modified
Jan 13, 2025
Life & Age
Based on life
Owner and Annuitant
Single life
No
Joint life
No
Min age
—
Max age
—
Rider select rule
Mandatory
Waiting period
—
Waiting term
—
Benefit Base
Maximum benefit base
—
Maximum benefit base %
—
With reduce benefit base
—
Subsequent premium
Subsequent premium increases the charge base on dollar-for-dollar basis.
Partial withdrawals
Withdrawal reduces the benefit value proportionately.
Required min distributions
None
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
Upon death of owner, death benefit will be greater of 1) Surrender Value or Contract Value 2)Total Purchase payment, minus any withdrawals or surrenders and Premium Tax.
Lifecycle Events
Cancellation
May not be cancelled.