To help customers solve retirement income needs over time, our Protective® Variable Annuity NY II B Series offers SecurePay 5, a protected lifetime income benefit for benefit base growth early on and guaranteed income later.
Benefits that add up to a lifetime of protection.
SecurePay 5 delivers value to customers at various life stages
Captures gains beyond the guaranteed roll up
Guaranteed growth in any market
In addition to market gains, SecurePay 5 offers a guaranteed growth feature where the benefit base will increase by a 5% compounding interest rate each contract year prior to benefit election that the contract value is at least 50% of the benefit base.
Annual income stream is guaranteed for life
Enhanced benefits for additional care needs
Other related topics
Flexible premium deferred variable and fixed annuity contracts issued under policy form series VDA-A-2006 (PLAIC). SecurePay 5 benefits provided by rider form number VDA-A-6035 (PLAIC).
Protective® is a registered trademark of Protective Life and Annuity Insurance Company (PLAIC). PLAIC is located in Birmingham, AL.
Variable annuities are long-term investments intended for retirement planning and involve market risk and the possible loss of principal.
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 prospectuses for a variable annuity and its underlying investment options. Investors should read the prospectuses carefully before investing. Prospectuses may be obtained by contacting PLAIC at 800-456-6330.