Why Fixed Annuities From Pacific Life?
Fixed annuities provide predictable income and safety of principal. They can also offer growth without being invested in the market and provide a legacy for loved ones.
As you work with conservative clients who are preparing for retirement or simply need income for life, consider Pacific Life’s suite of fixed annuities.
Fixed Annuities Offer a Powerful Combination Of:
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Safety of Principal
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Growth Opportunity
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Tax Deferral
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Lifetime Income
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Legacy Protection
Fixed Indexed Annuities
Growth Based on a Market Index, without the Risk of Losing Money
Clients can earn interest based on the positive movement of a market index (like the S&P 500®). No loss off contract value if the index falls.
Commonly used:
- For greater interest-earning potential than a traditional fixed annuity.
- As a fixed income option if there is a concern about rising interest rates and the impact it will have on bond prices.
- For optional benefits that provide lifetime income and enhanced death benefit protection. Available for an additional cost.
For fee-based advisors whose clients want the certainty of rates and caps locked in for the entire period.
Offers five interest-crediting options, including one based on the BlackRock® Endura™ Index, and a participation-rate option for more growth potential. The BlackRock iBLD® Endura® VC 5.5 ER Index is referred to as the BlackRock Endura Index for ease of reference.
Offers longer guarantees than some fixed indexed annuities that guarantee rates or caps only for a short term. Consider for those who want the certainty of rates and caps locked in for the entire period.
Traditional Fixed Annuities
Predictable Growth through Fixed Interest Rates
Similar to a CD, a traditional fixed annuity grows money at a fixed interest rate for a set period of time. Clients cannot lose money because they are not invested in the market. Fixed annuities also provide guaranteed income payments for life or for a specified period of time—a feature not available with CDs.
Single-Premium Immediate Annuities
Income that Starts Immediately and Lasts for Life
Clients can begin receiving income within a year of purchasing the annuity and they will know from day one the exact amount they’ll receive.
Can be used to:
- Help meet fixed expenses such as housing, food, and healthcare.
- Provide income until Social Security retirement benefits or another source of income begins.
- Supplement other sources of retirement income such as Social Security retirement benefits or a pension.
Predictable income guaranteed for one life, two lives, or a specified period.
Deferred Income Annuities
Income that Starts in the Future and Lasts for Life
Provides income that begins at a future date, which the client selects. It can be an efficient way to maximize future income because the longer clients wait to start receiving income, the higher the income amount will be.
Can be used:
- For expenses that may occur later in life.
- To supplement other sources of lifetime income such as Social Security retirement benefits or a pension.
For predictable income that begins at a date in the future and lasts for one life, two lives, or a specified period.
Fixed Annuity Rates and Resources
Let's Talk!
Pacific Life has helped millions of people achieve their retirement goals for more than 150 years. Let's talk about how we can help you build the future your clients envision.
Guarantees are subject to the claims-paying ability and financial strength of the issuing insurance company. Not all products are available at all broker/dealer firms or in all states. Contact your broker/dealer or Pacific Life for more information.
If you sell fixed annuities without the assistance of a broker/dealer, visit our Pacific Life Producer Alliance website.
The S&P 500® index is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”) and has been licensed for use by Pacific Life Insurance Company. S&P®, S&P 500®, US 500, The 500, iBoxx®, iTraxx®, and CDX® are trademarks of S&P Global, Inc., or its affiliates (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Pacific Life Insurance Company. Pacific Life’s product is not sponsored, endorsed, sold, or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500® index.
The indexes are not available for direct investment. The S&P 500® index performance does not include the reinvestment of dividends.
BlackRock, Inc., and its affiliates (“BlackRock”) is not the issuer or producer of any annuity product associated with Pacific Life Insurance Company, and BlackRock has no responsibilities, obligations, or duties to investors in such products. The BlackRock iBLD Endura VC 5.5 ER Index (hereinafter, the “BlackRock Endura Index”) is a product of BlackRock Index Services, LLC, and has been licensed for use by Pacific Life Insurance Company. BLACKROCK, BlackRock Endura Index, and the corresponding logos are registered and unregistered trademarks of BlackRock. While Pacific Life Insurance Company may for itself execute transactions with BlackRock in or relating to the BlackRock Endura Index in connection with its annuity products, investors acquire all such annuity products from Pacific Life Insurance Company and neither acquire any interest in the BlackRock Endura Index nor enter into any relationship of any kind with BlackRock upon investing in such products. Pacific Life Insurance Company annuity products are not sponsored, endorsed, sold, or promoted by BlackRock. BlackRock makes no representation or warranty, express or implied, to the owners of any Pacific Life Insurance Company annuity product or any member of the public regarding the advisability of investing in such products, nor does it have any liability for any errors, omissions, or interruptions of the BlackRock Endura Index. BlackRock shall not be liable in any way to the issuer, investors, or any other party in respect of the use or accuracy of the BlackRock Endura Index or any data included therein.
Insurance product and rider guarantees, including optional benefits and any fixed crediting rates or annuity payout rates, are backed by the financial strength and claims-paying ability of the issuing insurance company. They are not backed by the independent third party from which this annuity is purchased, including the broker/dealer, by the insurance agency from which this annuity is purchased, or any affiliates of those entities, and none makes any representations or guarantees regarding the claims-paying ability of the issuing insurance company.
Contract form series: (ICC16:30-1503, 30-1503MA, ICC17:30-1700, ICC17:30-1800, ICC10:30-1181, 30-1181OR, 30-1305NJ, 30-1229, 30-1229-R, 30-1173, 30-1282, 30-1181, 30-1209, 30-1301, 30-1228, 30-1294, 30-1401, 30-1503, 30-1700, 30-1800, ICC20:20-1339, ICC20:30-1339-A including state variations). State variations to contract form series may apply.
24-356
FAQ0540WP-2400