Secure growth today and income tomorrow with the SecurePay 5%%SM%% withdrawal benefit

To help clients solve retirement income needs over time, our Protective® Variable Annuity II B Series offers SecurePay 5, a protected lifetime income benefit for benefit base growth early on and guaranteed income later.

Benefits that add up to a lifetime of protection

Adding SecurePay 5 benefit to our Protective Variable Annuity II B Series combines enhanced benefit base growth with guarantees to ensure a protected lifetime income benefit that retirees won’t outlive and adjusts to their changing needs.

Guaranteed annual growth rate

Competitive, compounding 5% annual guaranteed growth rate.¹

Competitive withdrawal rates

Guaranteed 5.15% benefit base withdrawal available at age 67.

Enhanced nursing home benefit

Up to 10% additional annual withdrawal for up to five years of nursing home care, if qualified.²

Long-term potential increases

Benefit base increases to match the contract value on each contract anniversary continue to age 95.

Review our enhanced annual withdrawal rates

The annual withdrawal percentage is based on the age at which the client begins withdrawals and whether they choose a single or joint payout.

Issue Age

60-64

65-66

67-69

70-71

72+

Single Person

4.15%

4.90%

5.15%

5.45%

5.70%

Both Spouses

3.65%

4.40%

4.65%

4.95%

5.20%

Captures gains beyond the guaranteed roll up

The benefit base of SecurePay 5 benefit has the potential to capture more growth with positive market performance. On each contract anniversary, the current contract value is reviewed, and if it is higher than the current benefit base, the base is increased to match it.

Graph of SecurePay 5 capturing hypothetical annual market gains to raise the contract value.

Guaranteed growth in any market

In addition to market gains, SecurePay 5 benefit offers a guaranteed growth feature where the benefit base will increase by a 5% compounding interest rate each contract year prior to benefit election that the contract value is at least 50% of the benefit base.

Graph shows the annual 5% increase in the benefit base that SecurePay 5 guarantees.

Annual income stream is guaranteed for life

With SecurePay 5 benefit, your clients are guaranteed the ability to take withdrawals from the contract for life, even if the contract value falls to zero as a result of poor market performance or benefit withdrawals, ensuring their retirement income is always protected.

Graph shows stable withdrawals that SecurePay 5 guarantees, even when contract value declines.

Enhanced benefits for additional care needs

The SecurePay 5 benefit can include additional medical condition and nursing home benefits. SecurePay ME can increase the annual withdrawal percentage and SecurePay NH² can double the annual withdrawal amount with a maximum of 10% for up to 5 years. Download our case study to learn more.

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Graph shows additional annual income benefits that may be available with SecurePay 5 ME and NH riders.

Financial professional talking to clients about SecurePay 5.

Customize a retirement investment strategy with SecurePay 5 benefit

We offer access to investment options of varying asset classes. Emphasis is on quality, with many featuring a long track record of performance. Use these tools to see how SecurePay 5 benefit can provide a more tax-efficient and customizable retirement strategy.

Investment guide

Fund performance tool

Helpful resources

Want to learn more about how the SecurePay 5 benefit or nursing home enhancement can support your client's retirement strategies? Download these helpful resources.