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MinimumDeathBenefit

The minimum death benefit is the minimum amount that must be paid out upon the death of the policyholder.

enum MinimumDeathBenefit {
  ACTUARIAL_RESERVE_101
  TAX_MINIMUM
}

Values​

MinimumDeathBenefit.ACTUARIAL_RESERVE_101​

Upon death, the benefit paid must be at least 101% of the actuarial reserve (the accumulated contract value) plus the trust fund value (if any).

MinimumDeathBenefit.TAX_MINIMUM​

German regulatory minimum death benefit, i.e. _Steuerliche Mindesttodesfallleistung_ value. The minimum taxable death benefit consists of 100% of the NAV during the first 5 years. Afterwards, it consists of 100% of NAV plus 10% of paid premiums linearly decreasing towards 0% until the end of the duration (values may vary depending on the insurance product, please check the product documentation).

Member Of​

LiechtensteinLifeWealthProductConfigurationInput input