RD
● Terminated
Ratchet Death Benefit
Massachusetts Mutual Life Insurance Company
DTCC ID
—
COMPANY
Massachusetts Mutual Life Insurance Company
TYPE
Variable Annuity
INCEPTION
May 01, 2000
Identity
Benefit name
Ratchet Death Benefit
Internal benefit name
Ratchet Death Benefit
Product policy type
Variable Annuity
Status
● Terminated
Sequence
2
Inception date
May 01, 2000
Closed date
Nov 30, 2004
DTCC Rider ID
—
Last modified
Apr 02, 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
Will equal the most recent calculated annual ratchet death benefit plus the additional purchase payment.
Partial withdrawals
Will decrease the benefit amount.
Required min distributions
—
Coverage Flags
Exclude premium bonus
No
Spousal continuation option
No
State Availability
Exception flag
No
Available in states
—
Benefit Description
The beneficiaries will receive the greater of - 1) Certificate Value 2) The annual ratchet death benefit amount. When the Participant, the oldest Joint Participant, or the Annuitant reaches Age 80, the beneficiaries will receive the greater of - 1) Certificate Value 2) The annual ratchet death benefit amount calculated on The ratchet death benefit is calculated on 1) purchase payment 2) partial withdrawal 3) On each certificate anniversary.
Lifecycle Events
Available when added
No longer available for new purchases.