Optional Benefits

Available with Pacific Life Variable Annuities

Whether your clients are looking for growth, income, protection, or flexibility, each client requires a different financial solution. Pacific Life offers several types of optional benefits for an additional cost to help meet your clients’ various needs. And we make it simple:

  • We do not require managed-volatility investment options or asset-transfer programs to be eligible for optional benefits.

  • We offer a variety of investment options for use with a benefit providing lifetime income or downside protection.


Downside Protection

When volatility strikes, clients can get nervous. An accumulation benefit can help take the emotion out of investing.


Lifetime Income

Clients often are concerned about running out of money in retirement. With an optional living benefit, clients can count on reliable income for as long as they live, no matter what’s happening in the markets. 


Legacy Protection

Our annuities offer beneficiary benefits either at no cost or for an additional cost, depending on which option your clients select. This can help clients feel more confident that after they pass, the financial security of their families is taken care of. 

Take the Next Step

Pacific Life has helped millions of people protect their families for more than 150 years. Let’s talk about how you can help your clients build a retirement plan that matches their visions for the future.



Guarantees, including optional benefits, are subject to the issuing company's claims-paying ability and financial strength and do not protect the value of the variable investment options, which are subject to market risk.

Investors should carefully consider a variable annuity's risks, charges, limitations, and expenses, as well as the risks, charges, expenses, and investment goals of the underlying investment options. This and other information about Pacific Life are provided in the product and underlying fund prospectuses. These prospectuses should be read carefully before investing.

Annuity withdrawals and other distributions of taxable amounts, including death benefit payouts, will be subject to ordinary income tax. For nonqualified contracts, an additional 3.8% federal tax may apply on net investment income. If withdrawals and other distributions are taken prior to age 59½, an additional 10% federal tax may apply. A withdrawal charge also may apply. Withdrawals will reduce the contract value and the value of the death benefits, and also may reduce the value of any optional benefits.

Enhanced Income Select 2 is named "Guaranteed Withdrawal Benefit XXIII Rider--Single Life" and "Guaranteed Withdrawal Benefit XXIII Rider--Joint Life" in the contract rider. Future Income Generator is named “Guaranteed Withdrawal Benefit XXII Rider” in the contract rider. Core Income Advantage Select is named “Guaranteed Withdrawal Benefit X Rider–Single Life” and “Guaranteed Withdrawal Benefit X Rider–Joint Life” in the contract rider. Protected Investment Benefit is named “Guaranteed Minimum Accumulation Benefit” in the contract rider.

Contract Form Series: ICC12:10-1252, ICC20-1020, 10-178, 10-178OR Rider Series: ICC13:20-1258, ICC13:20-1259, ICC14:20-1295, 20-1354, 20-1355, ICC20:20-1355, ICC1220-1264, ICC11:20-1219, 10-1219OR (state variation may apply)

Pacific Life, its distributors, and respective representatives do not provide tax, accounting, or legal advice. Any taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor or attorney.

Pacific Life is a product provider. It is not a fiduciary and therefore does not give advice or make recommendations regarding insurance or investment products.

Unless otherwise noted, all aforementioned money managers, their distributors, and affiliates are unaffiliated with Pacific Life and Pacific Select Distributors, LLC.

Pacific Life refers to Pacific Life Insurance Company and its subsidiary Pacific Life & Annuity Company. Insurance products can be issued in all states, except New York, by Pacific Life Insurance Company or Pacific Life & Annuity Company. Product/material availability and features may vary by state. Each insurance company is solely responsible for the financial obligations accruing under the products it issues. 

Variable insurance products are distributed by Pacific Select Distributors, LLC (member FINRA & SIPC), a subsidiary of Pacific Life Insurance Company and an affiliate of Pacific Life & Annuity Company. 

The home office for Pacific Life & Annuity Company is located in Phoenix, Arizona. The home office for Pacific Life Insurance Company is located in Omaha, Nebraska.

No bank guarantee • Not a deposit • Not FDIC/NCUA insured • May lose value • Not insured by any federal government agency

For financial professional use only. Not for use with the public.

This website or its third-party tools use cookies, which are necessary to its functioning and are required to achieve the purposes illustrated in our online privacy policy.