Fixed Indexed Annuities
Growth Based on a Market Index, without the Risk of Losing Money
Clients can earn interest based on how high a market index (like the S&P 500®) rises. No loss off account value if the index falls.
Commonly used:
- For greater interest-earning potential than a traditional fixed annuity.
- As a fixed income alternative 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.
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For fee-based advisors whose clients want the certainty of rates and caps locked in for the entire period.
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Offers five interest-crediting options, including one based on the BlackRock(R) Endura(TM) 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.
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Offers longer guarantees 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
Commonly used as an alternative to CDs, traditional fixed annuities grow money at a fixed rate of interest. Clients cannot lose money because they are not invested in the market.
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Offers a guaranteed interest rate that is locked in for the entire period.
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.
Commonly used to:
- Meet fixed expenses such as housing, food, and healthcare.
- Provide income until Social Security or another source of income begins.
- Supplement other sources of lifetime income such as Social Security or a pension.
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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.
Commonly used:
- For expenses that may occur later in life.
- To supplement other sources of lifetime income such as Social Security or a pension.
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For predictable income that begins at a date in the future and lasts for one life, two lives, or a specified period.
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. Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”). 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.
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 affiliates, including 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. In New York, insurance products are only issued by 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.