Principal Protection

Through an Accumulation Benefit

Help Clients Make Better Investing Decisions

Market volatility happens, and clients know it. So how do you help them put aside emotion and invest consistently?

With a variable annuity optional principal-protection benefit, clients can make investment decisions knowing that the money they initially invested is protected. Available for an additional cost, our offerings include an accumulation benefit that provides principal protection and a guaranteed withdrawal benefit for principal protection through withdrawals.

We Make It Simple

  • We do not require managed-volatility investment options or asset-transfer programs.
  • We offer a wide variety of rider-eligible investment options.
  • Living benefits can be added after issue, subject to availability.

Comparison of Key Features

GPA 3 Select

Principal Protection through an Accumulation Benefit

  • Would like to take advantage of upside-potential by locking in market gains.
  • Interested in taking the emotion out of investing by protecting the purchase payment for 10 years.
  • Would like to invest in the market without the risk of losing principal.

Purchased at issue:

100% of first-year purchase payments.

Purchased at contract anniversary:

Contract value on the anniversary date GPA3 Select is purchased, plus any additional purchase payments made in the first year of electing GPA3 Select.

Withdrawals during the 10-year term reduce the protected amount on a proportionate basis. This adjustment can be more or less than the amount withdrawn.


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.

Only one optional guaranteed minimum withdrawal benefit (GMWB) can be purchased on a variable annuity. The GMWB riders do not guarantee a rate of return or growth rate.

Not all optional benefits are available at all broker/dealer firms or in all states. Contact your broker/dealer or Pacific Life for more information.

Rider Series: ICC13:20-1254, ICC13:20-1263 (subject to state variation)


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.


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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.

Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. Insurance products are issued by Pacific Life Insurance Company in all states except New York and in New York by Pacific Life & Annuity Company. Product 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 (Newport Beach, CA) and an affiliate of Pacific Life & Annuity Company. Variable and fixed annuity products are available through licensed third parties.

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