RO
● Active
Return of Premium Death Benefit
Jackson National Life Insurance Company
DTCC ID
—
COMPANY
Jackson National Life Insurance Company
TYPE
RILA
INCEPTION
May 19, 2025
Identity
Benefit name
Return of Premium Death Benefit
Internal benefit name
Return of Premium Death Benefit
Product policy type
RILA
Status
● Active
Sequence
1
Inception date
May 19, 2025
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
Not Applicable
Partial withdrawals
Withdrawals includes advisory fee withdrawals will reduce Death Benefit Amount in same proportion that the withdrawal reduces the Index Account value and Fixed Account value.
Required min distributions
Not Applicable
Coverage Flags
Exclude premium bonus
No
Spousal continuation option
Yes
Spousal continuation detail
Surviving spouse may elect to continue the death benefit after the death of the owner.
State Availability
Exception flag
No
Available in states
—
Benefit Description
Available during the accumulation phase, as Basic death benefit upon the death of owner the death benefit is greater of the 1) contract value, or 2) premiums paid into the contract adjusted for any withdrawals. If the owner’s age is 81 or older , the death benefit is equal to the contract value. If the living benefit is not selected, the maximum advisory fee is 1.25% for issue ages 0-80 and 1.50% for issue ages 81-85. This advisory fee does not affect the ROP DB for issue ages 0-80. If the owner's age is 81 or older, Death benefit is not payable once income phase begins.
Lifecycle Events
Cancellation
Once elected may not be cancelled.
Termination
Once elected may not be terminated.
Available when added
Automatically included at contract issue.
Effect change ownership
Not Applicable