Fixed index annuity review and rates
Protective Indexed Annuity NY 5 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
|
1.8%
Fixed
|
| 1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
3.5%
Cap
|
| 1-Year S&P 500 Performance Triggered |
Performance Triggered
Annual
|
2.9%
Performance triggered
|
| 1-Year Fixed Account |
Fixed
|
1.9%
Fixed
|
| 1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
3.6%
Cap
|
| 1-Year S&P 500 Performance Triggered |
Performance Triggered
Annual
|
3%
Performance triggered
|
Surrender schedule
| Year | 1 | 2 | 3 | 4 | 5 |
|---|---|---|---|---|---|
| Penalty | 9% | 9% | 8% | 7% | 6% |
Protective Life Insurance Company
Founded:
1907
A.M. Best:
A+
Fitch:
AA-
S&P:
A+
Moody's:
A1
Brochure
Free withdrawal
10%
Surrender schedule
5 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