Protective Fixed Annuities

Transcription

1 s are set every two weeks and may change without notice. Depending on market conditions, rates may be set more frequenty. Withdrawas and eary surrenders may ower returns. View Fu Notification Current s Future s Cick a ink above to view the PDF fie containing reguatory discosures. Right-cick a ink above to downoad the PDF fie to your desktop. Protective Annuities Protective Secure Saver Visit the Products & Soutions section of current state approvas. Guarantee 5-Year 7-Year $75, between $25,000 - $75, Under $25, Protective Secure Saver Annuity is a fixed, imited fexibe premium, deferred annuity contact issued under poicy m series LDA-P Limits may appy. Poicy m numbers, product features, and avaiabiity may vary by state. Protective FutureSaver II Avaiabe in a states except DE, MN, NY, and VT. Guarantee 3-Year 4-Year 5-Year 6-Year 7-Year 8-Year 9-Year 10-Year Base credited rate without MBG* N/A N/A st Year Effective Yied with Premium Bonus** Average Effective Yied with Premium Bonus** N/A N/A N/A N/A *Optiona money back guarantee (MBG): If this option is eected, credited rates are reduced by 0.10 guarantee periods 3-6 years and 0.05 guarantee periods 7-10 years. **First year premium bonus: Currenty, aggregate purchase payments of or more quaify a premium bonus of 0.50 guarantee periods 3-4 years and 1.00 guarantee periods 5-10 years. The premium bonus may change at any time without notice, and may not be offered at a times a guarantee periods. FutureSaver II is a fexibe premium deferred market vaue adjusted annuity contract. Poicy series IPD-2151, -2152, 2153, Poicy m numbers, product features and avaiabiity may vary by state. At times, certain guarantee periods may not be avaiabe. Protective ProPayer Income (SPIA) Avaiabe in a states except NY. Payout Option Protective Immediate Annuities 10-Year 15-Year 20-Year Life and 10- Year Life and 20- Year Monthy Payment* $ $ $ $ $ *Monthy payment a 65 year od mae with a non-quaified premium of, a one month payment deay, and 0 premium tax. Premium tax wi vary depending on the state, and may cause the monthy amount to be different. (Net of any appicabe premium tax).

2 ProPayer Income is a singe premium immediate annuity contract. Poicy m series IPD Poicy m numbers, product features and avaiabiity may vary by state. Protective ProPayer Income NY (SPIA) Avaiabe ony in NY. Payout Option Monthy Payment* 10-Year 15-Year 20-Year Life and 10-Year Life and 20-Year $ $ $ $ $ *Monthy payment a 65 year od mae with a non-quaified premium of, a one month payment deay, and 0 premium tax. ProPayer Income NY is a singe premium immediate annuity contract. Poicy m series AF Protective Asset Buider Indexed Annuity Avaiabe in a states except NY. Protective Indexed Annuities 5-Year Withdrawa Charge Spread Year Withdrawa Charge Spread Spread Year Withdrawa Charge Spread Spread 0.00

3 8-Year Withdrawa Charge Spread Spread Year Withdrawa Charge Spread Spread Year Withdrawa Charge Spread Spread Spread 0.00 A minimum surrender vaue is guaranteed when the contract is terminated due to fu surrender, death, or annuitization. This amount is cacuated by: Taking 100 of aggregate purchase payments accumuated at the contract s non-feiture rate of 1.25, and Subtracting any prior aggregate withdrawas (incuding withdrawa charges) accumuated at the non-feiture rate, and Subtracting any withdrawa charges that appy at termination. 1 Amounts aocated to any of the foowing strategies earn interest in arrears based, in part, on the

4 permance of the S&P 500 Index (without dividends)., if any, is credited at the end of each index term. 2 This strategy credits interest when index permance is positive up to a maximum of the interest rate cap in effect that year. When index permance is negative, no interest is credited that year. 3 This strategy credits a predetermined trigger interest rate when index permance is fat or positive. When index permance is negative, no interest is credited that year. 4 Amounts aocated to this strategy earn interest in arrears, based in part on the permance of the Aocation 6 Excess. The index term is two years. This strategy credits interest by mutipying the index permance by the participation rate and then subtracting the spread. A positive resut is the interest rate that term. If the resut of that cacuation is 0 or negative, no indexed interest wi be credited that term. Offered are two versions of this strategy, Focus and Spread Focus. The Focus has a participation rate decared in advance, subject to the minimum participation rate, and is guaranteed each two-year index term with a spread that is guaranteed to remain 0 the ife of the contract. The Spread Focus has a spread decared in advance, subject to the maximum spread, and is guaranteed each two-year index term with a participation rate that is guaranteed to remain 100 the ife of the contract. The crediting strategy wi not reduce the contract vaue, even if the index permance is fat or negative. Protective Asset Buider is a imited fexibe premium deferred indexed annuity contract issued under poicy m series FIA-P-2010 and FIA-P Protective Asset Buider is issued by Protective Life Insurance Company ocated in Birmingham, AL. Poicy m numbers, product avaiabiity and features may vary by state. Protective Asset Buider is not an investment in any index, is not a security or stock market investment, does not participate in any stock or equity investment, and does not contain dividends. Protective Income Buider Indexed Annuity Avaiabe in a states except NY. 7-Year Withdrawa Charge Option 1 2 Under A minimum surrender vaue is guaranteed when the contract is terminated due to fu surrender, death, or annuitization. This amount is cacuated by: Taking 100 of aggregate purchase payments accumuated at the contract s non-feiture rate of 1.25, and Subtracting any prior aggregate withdrawas (incuding withdrawa charges) accumuated at the non-feiture rate, and Subtracting any withdrawa charges that appy at termination. 1 Amounts aocated to this strategy earn interest in arrears based, in part, on the permance of the S&P 500 Index. The interest credited is equa to the percentage change of the index up to the interest rate cap, but not ess than 0. The interest rate cap is first set when you purchase the contract and thereafter, annuay at the beginning of each contract year. When market index permance is negative, no interest is credited that year. 2 Amounts aocated to this strategy earn interest in arrears based, in part, on the permance of the S&P 500 Index. The indexed interest rate is first set when you purchase the contract and thereafter, annuay at the beginning of each contract year. This strategy credits a predetermined trigger interest rate when market index permance is fat or positive. When market index permance is negative, no interest is credited that year. A non-guaranteed components of the indexing mua may change and coud be different in the future. For product detais, benefits, imitations and excusions, pease consut the contract, product guide and discosure statement. These documents describe the terms and conditions that contro the insurance company s contractua obigations. Indexed interest coud be ess than that earned in a traditiona fixed annuity, and coud be zero. The Protective Income Buider is a imited fexibe premium deferred indexed annuity contract with a imited market vaue adjustment, issued under poicy m series FIA-P-2011 or FIA-P The

5 Protective Indexed Annuity II is issued by Protective Life Insurance Company ocated in Birmingham, AL. Poicy m numbers, product avaiabiity and features may vary by state. The Protective Income Buider is not an investment in any index, is not a security or stock market investment, does not participate in any stock or equity investment, and does not contain dividends. Protective Indexed Annuity II Visit the Products & Soutions section of current state approvas. + Under + Under Without Return of Premium (ROP) 1 r r With Return of Premium (ROP) r r r r A minimum surrender vaue is guaranteed when the contract is terminated due to fu surrender, death, or annuitization. This amount is cacuated by: Taking 100 of aggregate purchase payments accumuated at the contract s non-feiture rate of 1.25, and Subtracting any prior aggregate withdrawas (incuding withdrawa charges) accumuated at the non-feiture rate, and Subtracting any withdrawa charges that appy at termination. 1 s incuding the Return of Purchase Payment (ROP) feature may earn a ower interest rate than those without it. 2 Amounts aocated to this strategy earn interest in arrears based, in part, on the permance of the S&P 500 Index. The interest credited is equa to the percentage change of the index up to the interest rate cap, but not ess than 0. The interest rate cap is first set when you purchase the contract and thereafter, annuay at the beginning of each contract year. When market index permance is negative, no interest is credited that year.

6 3 When market permance is fat or positive, this strategy credits a predetermined trigger interest rate. When market permance is negative, no interest is credited that year. 4 When market index permance is positive, this strategy credits interest equa to the market index permance up to a maximum of the interest rate cap in effect that year. This option guarantees the interest rate cap to be ocked in and remain constant the entire surrender change period, then subject to change annuay thereafter. When market permance is negative, no interest is credited that year. A non-guaranteed components of the indexing mua may change and coud be different in the future. For product detais, benefits, imitations and excusions, pease consut the contract, product guide and discosure statement. These documents describe the terms and conditions that contro the insurance company s contractua obigations. Indexed interest coud be ess than that earned in a traditiona fixed annuity, and coud be zero. The Protective Indexed Annuity II is a imited fexibe premium deferred indexed annuity contract issued under poicy m series FIA-P SecurePay SE is provided under m series FIA-P The Protective Indexed Annuity II is issued by Protective Life Insurance Company ocated in Birmingham, AL. Poicy m numbers, product avaiabiity and features may vary by state. The Protective Indexed Annuity II is not an investment in any index, is not a security or stock market investment, does not participate in any stock or equity investment, and does not contain dividends. Important inmation about the S&P Dow Jones Indices Protective Indexed Annuity NY Ony avaiabe in NY Under Under Without Return of Purchase Payment (ROP) 1 -to- r 3 -to- r 3 -to- s effective r With Return of Purchase Payment (ROP) 1 -to- r 3 -to- r 3 -to- r s incuding the Return of Purchase Payment (ROP) feature may earn a ower interest rate than those without it. 2 Amounts aocated to this strategy earn interest in arrears based, in part, on the permance of the S&P 500 Index. The indexed interest credited is equa to the percentage change of the index up to the interest rate cap, but not ess than The interest rate cap is first set when you purchase the contract and thereafter, annuay at the beginning of each contract year and wi not be ess than

7 1.25. When market index permance is negative, an annua guaranteed minimum interest rate of 1.25 wi be credited. 3 Amounts aocated to this strategy earn interest in arrears based, in part, on the permance of the S&P 500 Index. The interest rate is first set when you purchase the contract and thereafter, annuay at the beginning of each contract year and wi not be ess than When market index permance is negative, an annua minimum guaranteed interest rate of 1.25 wi be credited. A non-guaranteed components of the indexing mua may change and coud be different in the future. For product detais, benefits, imitations and excusions, pease consut the contract, product guide and discosure statement. These documents describe the terms and conditions that contro the insurance company s contractua obigations. Indexed interest coud be ess than that earned in a traditiona fixed annuity, and coud be zero. Protective Indexed Annuity NY is a imited fexibe premium deferred indexed annuity contract issued under poicy m series NY-FIA-A Protective Indexed Annuity NY is issued by Protective Life and Annuity Insurance Company ocated in Birmingham, AL. Protective Indexed Annuity NY is not an investment in any index, is not a security or stock market investment, does not participate in any stock or equity investment, and does not contain dividends. CAA Annuities are ong-term investments intended retirement panning. Protective and Protective Life refer to Protective Life Insurance Company (PLICO) and its affiiates, incuding Protective Life & Annuity Insurance Company (PLAICO). Annuities are issued by PLICO in a states except New York and in New York by PLAICO; securities issued by Investment Distributors, Inc. (IDI) the principa underwriter registered products issued by PLICO and PLAICO, its affiiates. A companies are ocated in Birmingham, AL. Product avaiabiity and features may vary by state. Each company is soey responsibe the financia obigations accruing under the products it issues. Product guarantees are backed by the financia strength and caims-paying abiity of the issuing company. This annuity rate notification is intended ony as a summary of the current rates offered the isted products. The insurance company sets interest rates at its soe discretion and cannot guarantee or predict future interest rates. Investors shoud carefuy consider investment options bee investing. For this and other product detais, benefits, imitations, and excusions, pease consut the prospectus ( registered products) or the contract, product guide, and discosure statement ( non-registered products). These documents describe the terms and conditions that contro the insurance company s contractua obigations. Investors shoud read the prospectuses carefuy bee investing. Prospectuses may be obtained by contacting PLICO at (800)