This fee-based variable annuity solution offers two death benefit options to help clients transfer wealth more efficiently to their loved ones.
How the Return of Purchase Payments death benefit works
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.²
Other related topics
Protective%%®%% Investors Benefit Variable Advisory Annuity for a fee-based solution for tax-deferred investing
SecurePay Pro%%SM%% benefit for optional protected lifetime income
Investing with the SecurePay Pro%%SM%% benefit
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¹The Return of Purchase Payments death benefit is available at an additional cost equal to 0.20% (on an annualized basis) of the death benefit at the beginning of each contract month.
²This chart is hypothetical and is intended solely to demonstrate how the Return of Purchase Payments Death Benefit works and assumes one single investment and no withdrawals. It is not indicative of the performance of any variable annuity investment option, does not reflect any actual account values, prior withdrawals nor any fees associated with Protective's variable annuities.
Protective does not offer or provide investment, fiduciary, financial, legal or tax advice or act in a fiduciary capacity for any client. Clients should consult with their investment advisor, attorney or tax advisor as needed.
Protective Investors Benefit Advisory is a flexible premium deferred variable and fixed annuity contracts issued by PLICO in all states except New York under policy form VDA-P-2006 and in New York by PLAIC on policy form VDA-A-2006-500. SecurePay Pro benefits provided by rider form number VDA-P-6057 (PLICO) and VDA-A-6057 (PLAIC). SecurePay NH issued under endorsement form series IPV-2159 (PLICO). Policy form numbers, product availability and product features may vary by state.
Investors should carefully consider the investment objectives, risks, charges and expenses of a variable annuity, any optional protected lifetime income benefit, advisory fees and the underlying investment options before investing. This and other information is contained in the prospectus for a variable annuity and its underlying investment options. Investors should read the prospectus carefully before investing. Prospectuses may be obtained by calling PLICO or PLAIC at 800-456-6330.
WEB.4004754.07.22
²This chart is hypothetical and is intended solely to demonstrate how the Return of Purchase Payments Death Benefit works and assumes one single investment and no withdrawals. It is not indicative of the performance of any variable annuity investment option, does not reflect any actual account values, prior withdrawals nor any fees associated with Protective's variable annuities.
Protective does not offer or provide investment, fiduciary, financial, legal or tax advice or act in a fiduciary capacity for any client. Clients should consult with their investment advisor, attorney or tax advisor as needed.
Protective Investors Benefit Advisory is a flexible premium deferred variable and fixed annuity contracts issued by PLICO in all states except New York under policy form VDA-P-2006 and in New York by PLAIC on policy form VDA-A-2006-500. SecurePay Pro benefits provided by rider form number VDA-P-6057 (PLICO) and VDA-A-6057 (PLAIC). SecurePay NH issued under endorsement form series IPV-2159 (PLICO). Policy form numbers, product availability and product features may vary by state.
Investors should carefully consider the investment objectives, risks, charges and expenses of a variable annuity, any optional protected lifetime income benefit, advisory fees and the underlying investment options before investing. This and other information is contained in the prospectus for a variable annuity and its underlying investment options. Investors should read the prospectus carefully before investing. Prospectuses may be obtained by calling PLICO or PLAIC at 800-456-6330.
WEB.4004754.07.22