Pacific Life ~ Pacific Index Foundation 5 Review

pacific life index foundation

The Pacific Life Index Foundation is a 5-Year Fixed Indexed annuity designed for growth. You can allocate your money, once a year on the policy anniversary, between a guaranteed interest rate account and a benchmark stock index account.

Index Foundation Annuity Highlights:

+CLICK TO VIEW CURRENT INTEREST RATES
Index Foundation Annuity Interest Rates
Index Strategy Cap Rates Declared Rate
S&P 500 1 Year Point to Point 5.50% N/A
Performance-Triggered N/A 4.65%

Frequently Asked Questions About the Index Foundation Annuity:

Q: What is the minimum premium I need to pay?
A:$25,000

Q: Am I paid a bonus on my initial premium at sign-up?
A:No. There is no premium bonus.

Q: Can I pay additional premium later on?
A: Additional cash purchase payments are permitted within the first 60 days after contract issue, up to a maximum of $100,000.

Q: Are there any age restrictions?
A:Yes. You can purchase this annuity up to age 85. In some states the age requirements may differ.

Q:In which states is the Index Foundation annuity available?
A:The Index Foundation annuity is not available in all states. Call 800-872-6684 to find out if it's available in your state.

Q: Does this annuity have an income rider (for withdrawing income)?
A: No

Q: For how long are surrender charges in effect?
A:5 Years

Q:Does the Index Foundation annuity permit any withdrawals without penalties?
A:Yes. Withdrawals are permitted 30 days after contract issue. In the first contract year, 10% of the total purchase payments is available with no withdrawal charge or MVA. In subsequent years, 10% of the previous contract anniversary’s contract value is available annually with no withdrawal charge or MVA.

Q:What benchmark indices do the Index Foundation offer?
A:S&P 500

Q: What are the index account options?
A:Annual Point-to-Point and Performance-Triggered

Q: What is the Method for Crediting Interest or Gains?
A: Cap rates or declared interest rate.

To review the Index Foundation annuity with an agent or to receive a free personalized illustration call 800-872-6684 or fill in the "Get My Free Quote" form in the upper right section of this page.

Read more about Pacific Life Insurance Company's Annuities on Pacific Life's site

See which other annuities are really popular here.