RIVERSOURCE OF NEW YORK ACCOUNT 8 - Copy of Overloan Protection Benefit filed electronically as Exhibit (d)(8) to Initial Registration Statement on Form N-6 on or about August 13, 2012 is incorporated herein by reference.

See All of This Company's Exhibits
                                        
EX-99.D.8
7
c66903exv99wdw8.txt
COPY OF OVERLOAN PROTECTION BENEFIT



RIVERSOURCE LIFE INSURANCE CO.
OF NEW YORK
20 Madison Avenue Extension
PO Box 5144
Albany, New York 12205
1-800-541-2251

                       OVERLOAN PROTECTION BENEFIT

This benefit is part of the policy to which it is attached. This benefit is
subject to all terms and provisions of the policy unless changed by this
benefit. This benefit does not increase the policy values. Before it is
exercised this benefit does not change the policy value available for loans.

OVERLOAN PROTECTION BENEFIT

If exercised, this benefit prevents the policy from entering the grace period.
This benefit can only be exercised if all of the conditions below are met.

CONDITIONS

These conditions must be met in order to exercise this benefit:

1.   The policy has been in force for at least the minimum policy duration shown
     for this benefit under Policy Data;

2.   The Insured's Attained Insurance Age is greater than or equal to the
     minimum age listed under Policy Data but less than the maximum age listed
     under Policy Data;

3.   Policy Indebtedness must be greater than the current Specified Amount of
     the policy to which this rider is attached, and greater than or equal to
     the Indebtedness percentage of the policy value shown under Policy Data;

4.   The Cash Surrender Value is sufficient to pay the exercise charge;

5.   The death benefit option in effect is option 1;

6.   The policy has not entered the grace period;

7.   The policy is not a Modified Endowment Contract, as defined by Section
     7702A of the Internal Revenue Code, and exercising this benefit does not
     cause the policy to become a Modified Endowment Contract;

8.   No current or future distributions will be required from the policy to
     maintain its qualification for treatment as a life insurance policy under
     the Internal Revenue Code;

9.   Partial surrenders taken after the exercise date are subject to federal
     income tax. This would generally occur if the amount received is greater
     than Your investment in the policy. The amount received in excess of Your
     investment in the policy is subject to federal income tax. Your investment
     in the policy for federal income tax purposes is equal to premiums paid,
     minus the nontaxable portion of any previous partial surrenders, plus the
     taxable portion of any previous policy loans;

10.  Benefits are not currently being received under the Waiver of Monthly
     Deduction Rider or Waiver of Premium Rider;

11.  There have been no accelerations of the death benefit.

If all  conditions  have been met, You may exercise this benefit by sending Us a
Written  Request  dated and signed by You.

EXERCISE DATE

If You exercise this benefit, it will be effective on the monthly date on or
next following Our receipt of Your request, provided all conditions are met.
Exercising this benefit is irrevocable.

EXERCISE CHARGE

If You exercise this benefit, a one-time charge will be deducted from the policy
value. The charge will be a percentage of the policy value, not to exceed the
maximum exercise charge as shown under Policy Data. There is no charge if this
benefit is not exercised.

EFFECT ON THE POLICY

The following changes to Your policy will occur if You exercise this benefit:

1.   Premium payments will no longer be accepted, however loan repayments are
     still allowed;

2.   Monthly deductions will no longer be taken;

3.   Partial surrenders will no longer be available;

4.   Additional loans will no longer be available;

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5.   Any outstanding Indebtedness will remain and interest will be charged at
     the then current loan interest rate;

6.   Any applicable no-lapse guarantee or death benefit guarantee will no longer
     be in effect and cannot be reinstated;

7.   Changes to the death benefit option will no longer be allowed;

8.   Changes to the Specified Amount will no longer be allowed;

9.   All riders attached to the policy will Terminate;

10.  Any Charitable Gift Amount will no longer be In Force;

11.  If this benefit is attached to a variable life insurance policy or a life
     insurance policy with index-linked interest option(s), the following
     changes will also occur:

     a)   any value in the subaccounts will be transferred to the Fixed Account;

     b)   transfers or new premium payments to the subaccounts or Indexed
          Accounts will no longer be allowed;

     c)   any loan repayments will be repaid to the Fixed Account;

     d)   any maturing segment value will be reallocated to the Fixed Account.

NOTIFICATION

At the time the benefit first becomes eligible for exercise, We will send You a
written notice.

EFFECT ON POLICY DEATH BENEFIT

Once the benefit has been exercised, the death benefit will be the applicable
percentage in the table shown under Policy Data, as amended by any endorsements,
multiplied by the greater of the policy value or Indebtedness. Once the benefit
is exercised, We will send You notification of the changes to the policy.

TERMINATION

This benefit Terminates upon termination of the policy.

REINSTATEMENT

If the policy to which this benefit is attached Terminates and is later
reinstated, this benefit will be reinstated.

EFFECTIVE DATE

This benefit is issued as of the Policy Date, unless a different date is shown
here.

RIVERSOURCE LIFE INSURANCE CO. OF NEW YORK

-s- Signature

SECRETARY

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