Offering a level of downside protection and unlimited growth potential, Investment Guard can help clients feel more confident about investing or staying invested in volatile markets.
Investment Guard is not available in NY.
Consider Investment Guard for retirees and pre-retirees who:
If you have clients who are hesitant to invest when the markets are volatile, Investment Guard can be added to Pacific Odyssey® variable annuity for an additional cost.
Downside Protection
Designed for clients looking for protection against losses over a selected period of time, but still want to stay invested in the market, Investment Guard offers varying levels of protection against downturns through a buffer. Clients can choose a duration and level of buffered protection based on their needs. Please refer to the client brochure for options and availability.
Unlimited Growth Potential
Clients have the potential for market gains through the performance of their chosen investment options with no cap on performance.
Annual Charge:
5-Year
10% Buffer Option 0.55%
7-Year
10% Buffer Option 0.40%
15% Buffer Option 0.55%
10-Year
10% Buffer Option 0.20%
15% Buffer Option 0.30%
20% Buffer Option 0.40%
The current charge is an annual percentage of the protected base and deducted quarterly. The protected base is equal to purchase payments made in the first year, minus an adjustment for withdrawals. The charge is set at contract issue and will not change during the selected duration.
Withdrawals during the term reduce the protected base on a proportionate basis. This adjustment can be more or less than the amount withdrawn.
Maximum Issue Age: 85
Investment Guard must be added at contract issue.
Choose from a diverse set of benefit-eligible investment options that offer flexibility and opportunities for growth of your contract value. See the prospectus for details.
Pacific Life, its affiliates, their distributors, and respective representatives do not provide tax, accounting, or legal advice. Any taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor or attorney.
Guarantees, including optional benefits, are subject to the issuing company's claims-paying ability and financial strength and do not protect the value of the variable investment options, which are subject to market risk.
Pacific Life is a product provider. It is not a fiduciary and therefore does not give advice or make recommendations regarding insurance or investment products.
Investors should carefully consider a variable annuity's risks, charges, limitations, and expenses, as well as the risks, charges, expenses, and investment goals of the underlying investment options. This and other information about Pacific Life variable annuities are provided in the product and underlying fund prospectuses. These prospectuses should be read carefully before investing.
The value of the variable investment options will fluctuate so that shares, when redeemed, may be worth more or less than the original cost.
Annuity withdrawals and other distributions of taxable amounts, including death benefit payouts, will be subject to ordinary income tax. For nonqualified contracts, an additional 3.8% federal tax may apply on net investment income. If withdrawals and other distributions are taken prior to age 59½, an additional 10% federal income tax may apply. A withdrawal charge also may apply. Withdrawals will reduce the contract value and the value of the death benefits, and also may reduce the value of any optional benefits.
Investment Guard is named "Guaranteed Minimum Accumulation Benefit" in the contract rider. Investment Guard is not linked to any external index.
Purchase payments made after the first contract year will not be protected under the optional benefit. Any additional purchase payments made after the first contract anniversary will increase the contract value and may reduce the benefit provided by the rider.
Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. Insurance products can be issued in all states, except New York, by Pacific Life Insurance Company or Pacific Life & Annuity Company. In New York, insurance products are only issued by Pacific Life & Annuity Company. Product/material availability and features may vary by state. Each insurance company is solely responsible for the financial obligations accruing under the products it issues. Annuity products are not FDIC insured, may lose value, and are not guaranteed by any bank.
Variable insurance products are distributed by Pacific Select Distributors, LLC (member FINRA & SIPC), a subsidiary of Pacific Life Insurance Company (Newport Beach, CA) and an affiliate of Pacific Life & Annuity Company.
Contract Form Series: 10-17800,10-178OR
Rider Series: ICC22:20-1356-A, ICC22:20-1356-B, ICC22:20-1357-A, ICC22:20-1357-B, ICC22:20-1358-A, ICC22:20-1358-B, ICC22:20-1359-A, ICC22:20-1359-B, ICC22:20-1360-A, ICC22:20-1360-B, ICC22:20-1361-A, ICC22:20-1361-B
State variations to contract form series and rider series may apply.
For financial professional use only. Not for use with the public.
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