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Secure income with Protective ProPayer%%®%% Income Annuity

As a single premium immediate annuity, customers will have quick access to a protected retirement income stream for the timeframe they select.
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Why Protective ProPayer Income Immediate Annuity?

For investments starting at just $50k, customers can enjoy these three key benefits:  
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Income payments per customer preferences
Customers can choose from 4 payment cycles and to opt to receive payments for life or a predefined period.
Non-qualified tax benefits
Income taxes are not paid on the return of purchase portion of the annuity payment.
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Options for enhanced flexibility
Increased income and enhanced access options are available at an additional cost.

Product snapshot

Get a quick profile of the Protective ProPayer Income Immediate Annuity and why it can provide such a sound retirement income solution.

Consider this solution for a customer who:

  • Is looking for a reliable stream of retirement income
  • Has a conservative risk profile
  • May be interested in no-risk income growth
Woman, who represents the ideal ProPayer Immediate Annuity client, works in her pottery studio.

Key product specs

  • Issued from age 0-99 (limited options after 85)
  • Initial purchase payment from $50,000 to $1M
  • Monthly/quarterly/semi-annual or annual income options
Full details
man at laptop reviewing protective ProPayer Income Annuity key product specs

Options for enhanced income flexibility:

  • PayPlus option provides compounding annual annuity income payment increases of up to 10% of the prior year’s income payment for an additional cost
  • Commutable Value option allows full surrender for a percentage of the adjusted purchase payment based on year exercised of certain period contracts only, for an additional cost
financial professional discusses options for enhanced income flexibility with client
Financial professional helps client create an income strategy with ProPayer Immediate Annuity.
Explore an immediate income strategy
Use this flyer with customers to help explain the various options they have to begin receiving a protected income stream from an annuity now.
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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 customers deserve. Reach out to us anytime for questions and support, and we’ll get in touch with you as soon as possible.
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Welcome to Protective

Before entering the site, please confirm that you are currently licensed to sell life insurance and/or annuities.

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Single premium immediate annuity contracts issued under policy form series IPD-2112 (PLICO) and AF-2112 (PLAIC). Policy form numbers, product availability and product features may vary by state.

 

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