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Protective%%®%% ProPayer Income immediate annuity%%1%%

With a single premium immediate annuity, your clients will receive a protected retirement income stream for the timeframe they select.

Why Protective ProPayer Income immediate annuity?

With minimum investments of $50k, your clients can enjoy these three key benefits: 
Income payments per client preferences
Clients can choose from 4 payment modes and opt to receive payments for life or a set period of time.
Non-qualified tax benefits
Income taxes are not paid on the return of premium portion of the annuity payment.
Options for enhanced flexibility
Increased income and enhanced access options are available at an additional cost.

Product snapshot

Get a quick profile of the Protective ProPayer Income immediate annuity and how it can help support your clients’ retirement goals.

Consider this solution for a client who:

  • Is looking for a reliable stream of retirement income
  • Has a conservative risk profile
  • May be interested in income growth
Woman, who represents a potential ProPayer Income Annuity client, works in her pottery studio.

Key product specs

  • Issued from age 0-99 (limited options after 85)
  • Initial purchase payment from $50,000 to $1M (higher amounts may be accepted with prior company approval)
  • Monthly/quarterly/semi-annual or annual income options
Man at laptop reviewing Protective ProPayer Income Annuity key product specs.

Options for enhanced income flexibility

  • PAYPlus option provides compounding annual annuity income payment increases of up to 10% of the prior year's income payment for an added cost.
  • Commutable value option allows full surrender for a percentage of the adjusted purchase payment based on year exercised of certain period contracts only, for an added cost.
Financial professional discusses options for enhanced income flexibility with client.
Financial professional helps client create an income strategy with ProPayer Income Annuity.
Explore an immediate income strategy
Introduce clients to the income payment options and benefits available with this solution.
Download product profile

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We’re here for you

We’re ready to help you deliver the protection and security your clients deserve. Reach out to us anytime for questions and support, and we’ll 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 Protective® ProPayer Income Immediate Annuity NY. All product features are the same unless otherwise noted.

Protective® ProPayer immediate income annuity is a single-premium immediate annuity issued by PLICO in all states except New York under policy form IPD-2112. Policy form numbers, product availability, and product features may vary by state.

Protective® ProPayer Income immediate annuity NY is a single-premium immediate annuity issued by PLAIC in New York under policy form AF-2112.

Annuities are long-term insurance contracts intended for retirement planning.

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