Pacific Life Launches New Deferred, Fixed Indexed Annuity
Business Wire, Inc. |
Pacific Index ChoiceSM is the latest addition to Pacific Life’s annuity product line
That’s the idea behind Pacific Index Choice, a recently introduced deferred, fixed indexed annuity from Pacific Life. The key to the product’s ability to provide both safety of principal and growth potential tailored to a client’s preferences is in the product’s name: “Choice.” Clients have several ways to structure their contracts to suit their personal preferences for how they would like their contracts to potentially grow.
First and foremost among those choices is the ability to allocate purchase payments among seven options for earning interest: the Fixed Account Option, which earns a guaranteed interest rate for a specific period of time, and six Index-Linked Options, which earn interest based on any positive movement of an index. Clients can select either the S&P 500® index, which focuses on U.S. markets, or the MSCI All Country World Index (ACWI®), which focuses on 45 developed and emerging markets.
The Index-Linked Options also offer a choice of three crediting methods, giving clients the ability to decide how their accounts earn interest. The choices include having interest credited at the end of each one or two contract years—where the interest rate is equal to the index return, subject to a cap. Or the client can choose to have interest credited at the end of each contract year—where the interest rate is fixed and guaranteed throughout one of three initial guaranteed periods (six, eight or 10 years) chosen by the client.
To learn more about Pacific Index Choice, visit the Pacific Life website at www.PacificLife.com.
About Pacific Life
Offering insurance since 1868, Pacific Life provides a wide range of life insurance products, annuities, and mutual funds, and offers a variety of investment products and services to individuals, businesses, and pension plans. Pacific Life counts more than half of the 100 largest U.S. companies as its clients. For additional company information, including current financial strength ratings, visit Pacific Life online at www.PacificLife.com.
Pacific Life refers to
The Product and its MSCI ACWI® Index-Linked Options referred to herein are not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such Products or any index on which such Products are based. The Policy Contract contains a more detailed description of the limited relationship MSCI has with
“S&P®,” “STANDARD & POOR’S®,” and “S&P 500®” are trademarks of Standard & Poor’s
The indexes are unmanaged and not available for direct investment, and index performance does not include the reinvestment of dividends.
No guarantee rate will be less than the minimum guaranteed rate stated in the contract. Pacific Life determines, at its discretion, annual interest rates in excess of the stated minimum guarantee in the contract.
Insurance products are issued by
Fixed annuities issued by Pacific Life are available through licensed, independent third parties.
Pacific Life
[email protected]
Source: Pacific Life
Copyright: | Copyright Business Wire 2012 |
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