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Variable annuities

Variable annuities offer important benefits that can add more security to your clients’ growth, income and wealth transfer goals. 

Why a variable annuity?

A variable annuity can provide growth fueled by market performance and additional benefits like guaranteed lifetime income. 
Tax-deferred growth fueled by market performance
Increase clients' earning power by keeping money in the account so it can grow without the drag of year-over-year taxation.
Wide-array of investment options all in one contract
Variable annuities give clients access to a variety of asset classes and fund managers so they can create a diversified investment strategy.
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Optional protected lifetime income and wealth transfer benefits
Some contracts include a guaranteed income benefit clients can't outlive, or enhanced death benefit options to optimize wealth transfer goals.
How do variable annuities work?
Variable annuities allocate payments among a choice of investment options or subaccounts, which, similar to mutual funds, can invest in a mix of equity, fixed income, and other assets for growth. At a future date, clients can elect to receive payments based on available options.  
Graphic explaining how variable annuities work.
Consider a variable annuity for a client who:
  • Is focused on growing their assets tax deferred.
  • Prefers equity investing strategies and is willing to accept more risk to achieve more growth potential.
  • Wants access to benefits that support lifetime income and wealth transfer.
Financial professional shaking hands with clients who just purchased a variable annuity.

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We’re here for you

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.
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.

Withdrawals may be subject to income tax and, if taken prior to age 59½, an additional 10% IRS tax penalty may apply. More frequent withdrawals may reduce earnings more than annual withdrawals. During the withdrawal charge period, withdrawals in excess of the penalty-free amount may be subject to a withdrawal charge. Withdrawals reduce the annuity's remaining death benefit, contract value, cash surrender value and future earnings.

Protective Dimensions V variable annuity is a flexible premium-deferred variable and fixed annuity contract issued by PLICO in all states except New York under policy form numbers VDA-P-2006. SecurePay Income benefits issued under rider form number VDA-P-6093. SecurePay Nursing Home benefits issued under form number VDA-P-5072R, in all states except in California where issued under form number IPV-2159. Policy form numbers, product availability and 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, 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 contacting Protective at 800-456-6330.

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