Pacific Life ~ Pacific Index Foundation 7 Review

pacific life index foundation

The Pacific Life Index Foundation 7 annuity is a Fixed Indexed annuity designed for growth (not for income withdrawals). Pacific Life also offers a 5 year and a 10 year version of this annuity.

Index Foundation 7 Highlights:

+CLICK TO VIEW CURRENT INTEREST RATES
Index Foundation 7 Annuity Interest Rates Purchase Premium of $100,000 or More
Index Strategy Cap Rates
S&P 500 Annual Point to Point 3.85%
Performance Triggered 3.55%
MSCI EAFE Annual Point to Point 3.85%
Performance Triggered 3.55%
Declared Rate = 2.25%
Index Foundation 7 Annuity Interest Rates Purchase Premium of $25,000 - $99,999
Index Strategy Cap Rates
S&P 500 Annual Point to Point 3.45%
Performance Triggered 3.20%
MSCI EAFE Annual Point to Point 3.45%
Performance Triggered 3.20%
Declared Rate = 2.05%

Frequently Asked Questions About the Index Foundation 7 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: 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.

Read more about Pacific Life's Index Foundation annuity on the Pacific Life site

See which other annuities are really popular here.