Enhanced Beneficiary Protection Benefit. The Death Benefit provision of your Contract is hereby modified as follows: Prior to the Payout Start Date, the Death Benefit is equal to the greater of the Death Benefit, defined in the Death Benefit provision of your Contract, or the value of the Enhanced Beneficiary Protection Benefit. The Enhanced Beneficiary Protection Benefit is determined as follows: * On the Rider Date, the Enhanced Beneficiary Protection Benefit is equal to the Contract Value. * After the Rider Date, the Enhanced Beneficiary Protection Benefit is recalculated each time a purchase payment or withdrawal is made, and is also recalculated on each Contract anniversary as follows:
Appears in 3 contracts
Samples: Allstate Life of New York Separate Account A, Allstate Life of New York Separate Account A, Allstate Life of New York Separate Account A
Enhanced Beneficiary Protection Benefit. The Death Benefit provision of your Contract is hereby modified as follows: Prior to the Payout Start Date, the Death Benefit is equal to the greater of the Death Benefit, defined in the Death Benefit provision of your Contract, or the value of the Enhanced Beneficiary Protection Benefit. The Enhanced Beneficiary Protection Benefit is determined as follows: * o On the Rider Date, the Enhanced Beneficiary Protection Benefit is equal to the Contract Value. * o After the Rider Date, the Enhanced Beneficiary Protection Benefit is recalculated each time a purchase payment or withdrawal is made, and is also recalculated on each Contract anniversary as follows:
Appears in 1 contract
