RO
● Active
Return of Premium Death Benefit
Universal Life Insurance Company
DTCC ID
—
COMPANY
Universal Life Insurance Company
TYPE
Variable Annuity
INCEPTION
Jan 01, 2023
Identity
Benefit name
Return of Premium Death Benefit
Internal benefit name
Return of Premium Death Benefit
Company
Product policy type
Variable Annuity
Status
● Active
Sequence
2
Inception date
Jan 01, 2023
Closed date
—
DTCC Rider ID
—
Last modified
Feb 13, 2026
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
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
Available during the accumulation phase, upon the death of the owner or annuitant, the Return of Premium Death Benefit will provide the greater of the contract value or the adjusted principal (contributions adjusted for withdrawals).
Lifecycle Events
Cancellation
May not be cancelled.
Effect change ownership
Issuer will recalculate benefit amount upon change in ownership.