Pacific Life ~ Pacific Index Foundation 7 Review
Index Foundation 7 Highlights:
- Cap rates remain the same throughout the surrender charge period.
- 10% annual penalty-free withdrawals.
- There are no fees, loads, or sales charges.
- Participate in stock market gains without any downside risk.
- Click to read the Index Foundation 7 company brochure.
|Index Foundation 7 Annuity Interest Rates Purchase Premium of $100,000 or More|
|S&P 500||Annual Point to Point||3.85%|
|MSCI EAFE||Annual Point to Point||3.85%|
|Declared Rate = 2.25%|
|Index Foundation 7 Annuity Interest Rates Purchase Premium of $25,000 - $99,999|
|S&P 500||Annual Point to Point||3.45%|
|MSCI EAFE||Annual Point to Point||3.45%|
|Declared Rate = 2.05%|
Frequently Asked Questions About the Index Foundation 7 Annuity:
Q: What is the minimum premium I need to pay?
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: Yes. You can make additional cash payments up to $100,000 within the first 60 days of contract issue.
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 7 annuity available?
A: The Index Foundation 7 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: Yes. An income rider can be included with your contract for an additional fee.
Click here for the Enhanced Lifetime Income Benefit 3 rider brochure.
Q: For how long are surrender charges in effect?
A: 7 Years
Q: Does the Index Foundation 7 annuity permit any withdrawals without penalties?
A: Yes, 30 days after contract issue.
Q: What benchmark indices do the Index Foundation 7 offer?
A: Pacific Life's Index Foundation 7 annuity offers 2 different indices into which you can allocate your premium. The current options are S&P 500 and the MSCI EAFE.
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.
To review the Index Foundation 7 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.
See which other annuities are really popular here.