Beacon Data Entry
Accelerated Death Benefit
AD
● Active

Accelerated Death Benefit

Minnesota Life Insurance Company - a Securian Company
DTCC ID
COMPANY Minnesota Life Insurance Company - a Securian Company
INCEPTION Oct 01, 2018
CLOSED
Benefit name
Accelerated Death Benefit
Internal benefit name
Accelerated Death Benefit
Status
● Active
Inception date
01 Oct 2018
Closed date
Benefit description
The Death Benefit is the greater of:1.)Contract value. 2.)Guaranteed Minimum Surrender Value, or 3.) 8% Roll-up Value – purchase payments accumulated daily at 8% interest, compounded annually(up to a maximum of 200% of contract value).