Skip to Content
Graphic hero gold
Graphic hero gold

Help meet clients’ legacy goals with Protective%%®%% Aspirations enhanced death benefits

Adding an enhanced death benefit option to a Protective Aspirations variable annuity can give your clients flexibility and control to support efficient wealth transfer and protect their legacy.

4 options for ensuring a legacy

Your clients can choose between four death benefit options to help them reach their unique legacy goals.
Return of Account Value standard death benefit
Offers benefit equal to the contract value, and available at no additional cost.
Return of Purchase Payments enhanced death benefit
Returns the investment or contract value, whichever is greater at time of death, less withdrawals.
Maximum Anniversary Value enhanced death benefit
Market gains can be locked in each contract anniversary to increase the value of the death benefit, less any withdrawals.
Maximum Quarterly Value enhanced death benefit
Market gains are captured in the contract value and added to the death benefit on a quarterly basis, less any withdrawals.

Needs vary. Offer a more tailored strategy.

With three levels of enhanced protection, it's simple to tailor one of the death benefit options on a Protective Aspirations variable annuity to a client's specific situation.

Return of Purchase Payments death benefit

With our Return of Purchase Payments death benefit, should your client pass away before starting annuity income payments, their beneficiaries will receive the greater of the contract value or total investment in the variable annuity, less an adjustment for each prior withdrawal. This benefit is available from ages 0-85 and costs 0.20% (annualized).
 
Graph shows standard process for death benefit payout.

Maximum Anniversary Value death benefit

Take advantage of market gains on an annual basis by locking in any additional contract value on each contract anniversary. Once locked in, the amount never falls below the highest anniversary lock-in amount, even when contract value decreases due to investment performance. This benefit is available from ages 0-77 and costs 0.35% (annualized).
Add content from current finpro enhanced death benefit carousel; additionally include Aspirations-specific age limits and cost

Maximum Quarterly Value death benefit

With the Quarterly Value death benefit option, clients can lock in contract value increases more frequently, providing additional opportunities to capture market gains. Once locked in, the amount will never decrease due to investment performance, ensuring a stable or growing death benefit for loved ones. This benefit is available from ages 0-77 and costs 0.40% (annualized).
Add content from current finpro enhanced death benefit carousel; additionally include Aspirations-specific age limits and cost
A multigenerational family laughs and embraces, glad to be protected with a Protective Aspirations variable annuity enhanced death benefit.
Introduce a solution for a lasting legacy
Adding an enhanced death benefit option to a Protective Aspirations variable annuity provides a quick and easy way to protect loved ones if the unexpected happens while working toward retirement goals. Learn more here and begin the conversation with your clients.
View summary

Other related topics

Financial advisor going over details of Protective Aspirations variable annuity solutions with clients
Maximize income, growth and flexibility with Protective%%®%% Aspirations variable annuity
Learn more
A grandmother laughs with her family, happy to have an income strategy with a Protective Aspirations variable annuity.
Tailor an income strategy with Protective® Aspirations variable annuity
Learn more
Couple enjoying guaranteed lifetime income on a tennis court
Deliver lifetime income and growth potential with the SecurePay%%SM%% Protector income benefit
Learn more
We're here for you
Everyone deserves peace of mind when it comes to safeguarding what’s most important. We’re ready to help you deliver the protection and security your clients deserve. Reach out to us anytime for questions and support, and we’ll get in touch with you as soon as possible.
Contact us

Welcome to Protective

Before entering the site, please confirm that you are currently licensed to sell life insurance and/or annuities.

1

Return of Premium Death Benefit offered under rider form series VDA-P-6001BB. Maximum Anniversary Value Death Benefit offered under rider form series VDA-P-6002BB. Maximum Quarterly Value Death Benefit offered under rider form series VDA-P-6034BB. Policy form numbers, product availability and product features may vary by state. Variable annuities are distributed by Investment Distributors, Inc. (IDI), a broker-dealer and the principal underwriter for registered products issued by PLICO.

WEB.4004582.07.22