Fixed index annuity review and rates

Protective Indexed Annuity NY 10 with ROP

Protective Indexed Annuity NY Available only in New York, Protective Indexed Annuity NY is a limited, flexible-premium deferred indexed annuity designed for clients seeking principal protection with the potential for higher returns linked to market index performance.
Available in states: NY

Allocation Accounts

Name Type Rates
1-Year Fixed Account
Fixed
2% Fixed
1-Year S&P 500 PTP Cap
Point to Point
Annual
3.75% Cap
1-Year S&P 500 Performance Triggered
Performance Triggered
Annual
3.05% Performance triggered
1-Year Fixed Account
Fixed
2.1% Fixed
1-Year S&P 500 PTP Cap
Point to Point
Annual
4.1% Cap
1-Year S&P 500 Performance Triggered
Performance Triggered
Annual
3.35% Performance triggered

Surrender schedule

Year 1 2 3 4 5 6 7 8 9 10
Penalty 9% 9% 8% 7% 6% 5% 4% 3% 2% 1%
Protective Life Insurance Company
Founded: 1907
A.M. Best: A+
Fitch: AA-
S&P: A+
Moody's: A1
Carrier details
Free withdrawal
10%
Surrender schedule
10 years
Return of premium
Market value adjustment
Minimum contribution
$10,000
Types of funds
Non-Qualified, IRA, IRA Rollover, IRA Transfer, SEP IRA, and IRA-Roth