BD
● Active
Basic Death Benefit
Transamerica Life Insurance Company
DTCC ID
—
COMPANY
Transamerica Life Insurance Company
INCEPTION
May 01, 2015
CLOSED
—
Identity
Benefit name
Basic Death Benefit
Internal benefit name
Basic Death Benefit
Status
● Active
Inception date
01 May 2015
Closed date
—
Description & Notes
Benefit description
During the accumulation phase, the death benefit will be the greater of - 1) the contract value, or 2) the minimum required cash value - the minimum amount received from the issuer on surrender. During income phase, the death benefit amount will depend on the income option selected.