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Death benefit options with Protective%%®%% Aspirations variable annuity%%1%%

Adding an enhanced death benefit option to a Protective Aspirations variable annuity can give customers flexibility and control to support efficient wealth transfer and protect their legacy.

Death benefit options for ensuring a legacy

Customers can choose an option to help them reach their unique legacy goals.
Contract Value
Help customers ensure their beneficiaries receive the contract value as the standard death benefit — at no extra cost.
Return of Purchase Payments
Help customers preserve their legacy with an enhanced death benefit that helps guarantee beneficiaries receive the investment or contract value, whichever is greater, less any withdrawals.
Maximum Anniversary Value
Enable customers to lock in potential market gains on every contract anniversary date with an enhanced death benefit, helping their legacy benefit from market growth, less any withdrawals.
Maximum Quarterly Value
Offer customers the opportunity to capture potential market growth with an enhanced death benefit that locks in potential gains each quarter, less any withdrawals.

Not available in New York
Maximum Daily Value
Give customers the flexibility to maximize legacy potential with an enhanced death benefit that takes advantage of daily market gains that can potentially increase the death benefit, less any withdrawals.

Not available in New York

See how our enhanced options work to support specific legacy needs

With Protective Aspirations variable annuity’s 4 enhanced death benefit options, it's simple to tailor a legacy strategy to each customer's situation.

Maximum Daily Value death benefit

Available from ages 0-77, costs 0.5% annualized, highest daily lock-in amounts available prior to age 83. Not available in New York.
  • Lock in potential market gains daily.
  • Take more timely and precise advantage of market gains.
  • Death benefit guaranteed at the highest daily lock-in amount, less any withdrawals.
Graph shows death benefit's contract value increasing on a daily basis when the market experiences gains.

Maximum Quarterly Value death benefit

Available from ages 0-77, costs 0.4% annualized, maximum quarterly lock-in amounts available prior to age 83. Not available in New York.
  • Lock in potential market gains quarterly.
  • Provide additional opportunity to capture market gains.
  • Ensure a stable or growing death benefit for beneficiaries.
Graph shows death benefit's contract value increasing on a quarterly basis when the market experiences gains.

Maximum Anniversary Value death benefit

Available from ages 0-77, costs 0.35% annualized, maximum anniversary lock-in amounts available prior to age 83.
  • Lock in potential market gains annually.
  • Automatically secure additional market gains.
  • Death benefit never falls below highest anniversary lock-in amount due to investment performance.
Graph shows death benefit's contract value increasing on an annual basis when the market experiences gains.

Return of Purchase Payments death benefit

Available from ages 0-85, costs 0.2% annualized.
  • Guaranteed contract value or total investment, whichever is greater, less any withdrawals.
  • Death benefit will never fall below total investments due to market performance.
Graph shows death benefit not decreasing below total purchase payments due to market performance.

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We're here for you

We're ready to help you deliver the protection and security customers deserve. If you have questions or need support, reach out to us anytime at 1-800-235-9086, option 1. Your dedicated regional retirement team will get in touch with you as soon as possible.
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Welcome to Protective

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1 In New York, the product offered is the Protective® Aspirations NY variable annuity.

Protective Aspirations variable annuity is a flexible premium deferred variable and fixed annuity contract issued by PLICO in all states except New York under policy form series VDA‐P‐2006. SecurePay Investor benefits issued under rider form number VDA‐P‐6063. SecurePay Protector benefits issued under rider form number VDA‐P‐6061. Policy form numbers, product availability and product features may vary by state.

Protective Aspirations NY variable annuity is a flexible premium deferred variable annuity contract issued by PLAIC in New York under policy form series NY-VDA-A-2024. SecurePay Investor benefits is issued under rider form number NY-VDA-A-6075. SecurePay Protector benefits is provided by rider form number NY-VDA-A-6073.

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 changes from the insurance company and the investment managers.

Withdrawals reduce the annuity’s remaining death benefit, contract value, cash surrender value and future earnings. 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.

Investors should carefully consider the investment objectives, risks, charges and expenses of a variable annuity, any optional protected 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 Protective at 800‐ 456‐6330.

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