SecurePay Income benefit, an optional lifetime income benefit available with Protective Dimensions V variable annuity, offers your clients the flexibility to help meet income-based retirement goals with this solution.
Why SecurePay Income benefit?
Once your clients reach retirement, they may want to create an income stream that they can depend on for a lifetime, no matter what life has in store. The SecurePay Income benefit can add protection and security to your clients' retirement plan to create an income stream they can depend on.
Prepare clients for the unexpected with SecurePay NH benefit
Included within the SecurePay Income benefit, this nursing home enhancement can nearly double your clients' benefit withdrawal percentage to a maximum of 10% should they become confined to a nursing home for 90 consecutive days. Our SecurePay NH benefit flyer has all the details.1
Customize a retirement investment strategy with SecurePay Income benefit
Adding the SecurePay Income benefit to Dimensions V allows for leverage of quality investment options. Meet your clients' growth goals and investment risk tolerance with a tailored approach made possible through our multiple allocation options, shaped by guidelines to support guarantees. See the details on our Investing with SecurePay Income page.
Helpful Resources on SecurePay Income benefit
Want to learn more about how SecurePay Income benefit works? Download these helpful resources.
Help clients learn about the benefits of SecurePay Income
Provide clients with a quick overview
Show clients how they can prepare for the unexpected
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1To qualify for SecurePay NH, the client must: Be confined to a qualified nursing care facility; be unable to perform two out of six specific Activities of Daily Living or be diagnosed with a severe cognitive impairment; have not been in a nursing home one year before and after purchasing an optional protective lifetime income benefit. Proof of continued qualification is required for each contract year in which this benefit is claimed.
SecurePay NH may not be available in all states and may not be available with new contract in the future. Please check with your financial professional for exact availability.
Protective Dimensions V variable annuity is a flexible premium deferred variable and fixed annuity contract issued by PLICO in all states except New York on policy form VDA-P-2006. SecurePay Income benefits issued on rider form VDA-P-6068.
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 contacting Protective at 800-456-6330.
WEB.3490465.09.22
SecurePay NH may not be available in all states and may not be available with new contract in the future. Please check with your financial professional for exact availability.
Protective Dimensions V variable annuity is a flexible premium deferred variable and fixed annuity contract issued by PLICO in all states except New York on policy form VDA-P-2006. SecurePay Income benefits issued on rider form VDA-P-6068.
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 contacting Protective at 800-456-6330.
WEB.3490465.09.22