SD
● Active
Standard Death Benefit
Variable Annuity Life Insurance Company
DTCC ID
—
COMPANY
Variable Annuity Life Insurance Company
TYPE
Variable Annuity
INCEPTION
Dec 28, 2017
Identity
Benefit name
Standard Death Benefit
Internal benefit name
Standard Death Benefit
Product policy type
Variable Annuity
Status
● Active
Sequence
1
Inception date
Dec 28, 2017
Closed date
—
DTCC Rider ID
—
Last modified
May 06, 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
Mandatory
Waiting period
—
Waiting term
—
Benefit Base
Maximum benefit base
—
Maximum benefit base %
—
With reduce benefit base
—
Subsequent premium
Subsequent purchase payment will increase benefit base by dollar-for-dollar amount.
Partial withdrawals
Withdrawals will reduce benefit base in same proportion.
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
Death benefit payable upon the death of owner, during the accumulation period if death occurs on or after the age of 70 is greater of a) Account Value or b) 100% of Purchase Payments (to Fixed and/or Variable Account Options less Amount of all Prior Withdrawals, Charges and any portion of Account Value applied under a Payout Option. In case of non qualified contract no DB will be payable upon the death the owner .
Lifecycle Events
Cancellation
May not be cancelled.
Termination
May not be terminated.
Available when added
At the time of purchase