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Investing with Protective%%®%% Variable Annuity II B Series

A solid investment strategy is key to preparing clients for the retirement they want.
Protective Variable Annuity II B series has a range of investment options and objectives to help you support their goals.

Why invest with Protective Variable Annuity II B Series

The selection of high-quality, diverse funds
We focus on quality. You’ll find many funds with long performance histories and a wide array of asset categories in our lineup.
The ability to choose a turnkey or custom approach
With a choice of turnkey, pre-selected allocation options or a customized portfolio, you can tailor an approach to your clients’ investment preferences.
The flexibility of our protected lifetime income benefit
The addition of the SecurePay 5℠ benefit to our variable annuity offers opportunities to capture market gains with added protection from downside risk.¹
Access over 90 high-quality funds from leading fund managers

The quality of our lineup starts with our selection of leading fund managers. Each was chosen for their high level of professional credentials and experience. And the quality speaks for itself: 37% of our funds consistently receive 4- and 5-star Overall Morningstar Ratings.²


To view fund information, select the variable product type and name.
the logos of the carefully selected fund managers represented in our lineup.

Offer clients a choice for their investment strategy

The Protective Variable Annuity II B Series, offers a choice of investment approaches to help you align to your clients’ risk tolerance and instill more confidence in their ability to achieve their goals.
Choose one of our simple turnkey solutions
Construct a custom allocation strategy

Our turnkey solutions

Our Protective Life model portfolios can simplify the asset allocation process for clients who may become overwhelmed by too many investment choices. Each offers broad diversification by asset class and fund manager.
Protective Life Model Portfolio
Conservative growth
Balanced growth and income
Balanced growth
Growth focus*
*Not available for allocations on and after the Benefit Election Date on contracts with SecurePay Protector optional protected lifetime income benefit.
Target Allocation
40% equity
50% equity
60% equity
75% equity
60% equity
50% equity
40% equity
25% equity

American Funds Insurance Series%%®%% funds are objective-based insurance portfolios. These portfolios offer a blend of five individual funds within the American Funds Insurance Series%%®%% — one of the largest families of funds for variable annuities. 
American Funds Insurance Series%%®%%
*Not available on contracts with an optional protected lifetime income benefit.
May be appropriate for
Investors who wish to avoid wide market fluctuations, but still seek the potential for modest growth.
Investors who have a preference for growth and lower volatility.
Investors who seek a higher return and can withstand wide market fluctuations.
Proximity to retirement
Risk tolerance
Moderate or Balanced
Financial professional talking to clients about Protective Variable Annuity II B Series.
Construct a custom allocation strategy

If you and your clients prefer a do-it-yourself approach, our performance center provides the information and performance details you’ll need, or contact our knowledgeable team for support. We also offer strategies to instill confidence during market swings, like the Protective Dynamic Allocation Series. Learn more about investment strategies in the Investment Guide. 


Download the investment guide.

Access fund performance information easily with our interactive tool
Our online tool helps you quickly access fund information and quarterly performance details. This resource covers both variable annuity and variable universal life insurance investment options, as well as our variable annuity model portfolios.
To view performance information and run reports, select the variable product type and name.
Investing with a protected lifetime income benefit

The allocation options available with the optional SecurePay 5 benefit include turnkey models and allocation options for a simplified approach and customizable options based on your client’s growth goals and investment risk tolerance.


Learn more

Financial professional talking to clients about the SecurePay 5 benefit.

Other related topics

Retiree enjoying time with his grandchildren knowing his Protective annuity provides lifetime coverage and income protection.
Lifetime coverage and income protection plus growth potential
Financial professional talks to her clients about the investment options available with their SecurePay 5 benefit.
Investing with the SecurePay 5 benefit
A grandfather thinks about the growth potential of Protective Variable Annuity II B Series enhanced death benefit as he strolls with his grandson.
Offer enhanced legacy protection with Protective Variable Annuity II B Series
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.

¹SecurePay 5 is an optional protected lifetime income benefit available at an additional cost with certain variable annuities from Protective. It offers guaranteed growth of the benefit base during your pre-retirement years and guaranteed annual withdrawals.


²Morningstar® data as of September 30, 2022 (Protective Variable Annuity II B Series).


Performance of the Dynamic Allocation Series Portfolios depends on that of the underlying funds. They are subject to risk with respect to the aggregation of holdings of underlying funds which may result in increased volatility as a result of indirectly having concentrated assets in a particular industry, geographical sector or single company.


Diversification neither assures a profit nor eliminates the risk of experiencing investment losses.


Protective refers to Protective Life Insurance Company (PLICO) and its affiliates, including Protective Life and Annuity Insurance Company (PLAIC). Variable annuities are issued by PLICO in all states except New York and in New York by PLAIC; securities offered by Investment Distributors, Inc. (IDI) the principal underwriter for registered products issued by PLICO and PLAIC, its affiliates. PLICO is located in Nashville, TN. PLAIC and IDI are located in Birmingham, AL. Each company is solely responsible for the financial obligations accruing under the products it issues. Product guarantees are backed by the financial strength and claims-paying ability of the issuing company. Policy form numbers, product availability and product features may vary by state.


Flexible premium deferred variable and fixed annuity contracts issued under policy form series VDA-P-2006 (PLICO) and VDA-A-2006 (PLAIC). SecurePay 5 benefits provided by rider form number VDA-P-6035 (PLICO) and VDA-A-6035 (PLAIC). SecurePay NH provided under policy form number IPV-2159 (PLICO).


Variable annuities are long-term investments intended for retirement planning and involve market risk and the possible loss of principal. Investments in variable annuities are subject to fees and charges from the insurance company and the investment managers.


Investors should carefully consider the investment objectives, risks, charges and expenses of a variable annuity, any optional protected lifetime income benefit 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.