Registered index-linked annuity · SEC-registered · defined downside design
Brighthouse Shield Level II 3-Year Annuity
Issued by Brighthouse Life Insurance Company
AM Best ACan lose value
Segment terms1-year · 2-year · 3-year
Downside choices10% buffer · 15% buffer
FeeNot published
Surrender period3 yrs
Free withdrawal10%per year
Issue ages0–85 (annuitant and owner) · age limits based on the older person
Available jurisdictions52published in the feed
Market value adj.None
Headline segment · S&P 500 Index · 1-year · 10% buffer11% cap · 10% buffer
The upside term is shown with its index, term, downside rule, and fee status. This indexed segment can lose value.
The buffer absorbs the first 10% of segment loss; losses beyond it can still apply. This is not an FIA.Every segment, by index and downside design
Read across a row to compare the upside term under each published downside design. Current rates for the selected state and $100,000 premium; every percentage identifies what it is.
Strategy fee is not published; outcome figures are suppressed unless another published fee applies.
Swipe horizontally to compare every protection level.
| Index · term | 10% buffer | 15% buffer |
|---|---|---|
| S&P 500 | ||
| 1-yearPoint-to-point | 11% cap Segment detailsMinimum cap: 2%Minimum participation: 100%Minimum buffer: 10% | 9% cap Segment detailsMinimum cap: 2%Minimum participation: 100%Minimum buffer: 15% |
| 1-yearPerformance trigger | 8.25% trigger rate Segment detailsMinimum trigger rate: 2%Minimum participation: 100%Minimum buffer: 10% | 7.25% trigger rate Segment detailsMinimum trigger rate: 2%Minimum participation: 100%Minimum buffer: 15% |
| 1-yearStep Rate Edge | 7% trigger rate Segment detailsMinimum trigger rate: 2%Minimum participation: 100%Minimum buffer: 10% | 5.75% trigger rate Segment detailsMinimum trigger rate: 2%Minimum participation: 100%Minimum buffer: 15% |
| 2-yearPerformance trigger | 14.5% trigger rate Segment detailsMinimum trigger rate: 3%Minimum participation: 100%Minimum buffer: 10% | 13% trigger rate Segment detailsMinimum trigger rate: 3%Minimum participation: 100%Minimum buffer: 15% |
| 2-yearStep Rate Edge | 13% trigger rate Segment detailsMinimum trigger rate: 3%Minimum participation: 100%Minimum buffer: 10% | 11% trigger rate Segment detailsMinimum trigger rate: 3%Minimum participation: 100%Minimum buffer: 15% |
| 3-yearPoint-to-point | 35% cap Segment detailsMinimum cap: 6%Minimum participation: 100%Minimum buffer: 10% | 30% cap Segment detailsMinimum cap: 6%Minimum participation: 100%Minimum buffer: 15% |
| Russell 2000 | ||
| 1-yearPoint-to-point | 16.5% cap Segment detailsMinimum cap: 2%Minimum participation: 100%Minimum buffer: 10% | 12.5% cap Segment detailsMinimum cap: 2%Minimum participation: 100%Minimum buffer: 15% |
| 1-yearPerformance trigger | 10% trigger rate Segment detailsMinimum trigger rate: 2%Minimum participation: 100%Minimum buffer: 10% | 9.5% trigger rate Segment detailsMinimum trigger rate: 2%Minimum participation: 100%Minimum buffer: 15% |
| 1-yearStep Rate Edge | 8.5% trigger rate Segment detailsMinimum trigger rate: 2%Minimum participation: 100%Minimum buffer: 10% | 7.25% trigger rate Segment detailsMinimum trigger rate: 2%Minimum participation: 100%Minimum buffer: 15% |
| 2-yearPerformance trigger | 20% trigger rate Segment detailsMinimum trigger rate: 3%Minimum participation: 100%Minimum buffer: 10% | 17% trigger rate Segment detailsMinimum trigger rate: 3%Minimum participation: 100%Minimum buffer: 15% |
| 2-yearStep Rate Edge | 16% trigger rate Segment detailsMinimum trigger rate: 3%Minimum participation: 100%Minimum buffer: 10% | 13.5% trigger rate Segment detailsMinimum trigger rate: 3%Minimum participation: 100%Minimum buffer: 15% |
| 3-yearPoint-to-point | 35% cap Segment detailsMinimum cap: 6%Minimum participation: 100%Minimum buffer: 10% | 30% cap Segment detailsMinimum cap: 6%Minimum participation: 100%Minimum buffer: 15% |
| MSCI EAFE | ||
| 1-yearPoint-to-point | 14% cap Segment detailsMinimum cap: 2%Minimum participation: 100%Minimum buffer: 10% | 9.5% cap Segment detailsMinimum cap: 2%Minimum participation: 100%Minimum buffer: 15% |
| 1-yearPerformance trigger | 7.5% trigger rate Segment detailsMinimum trigger rate: 2%Minimum participation: 100%Minimum buffer: 10% | 6% trigger rate Segment detailsMinimum trigger rate: 2%Minimum participation: 100%Minimum buffer: 15% |
| 1-yearStep Rate Edge | 6% trigger rate Segment detailsMinimum trigger rate: 2%Minimum participation: 100%Minimum buffer: 10% | 5% trigger rate Segment detailsMinimum trigger rate: 2%Minimum participation: 100%Minimum buffer: 15% |
| 2-yearPerformance trigger | 13% trigger rate Segment detailsMinimum trigger rate: 3%Minimum participation: 100%Minimum buffer: 10% | 11% trigger rate Segment detailsMinimum trigger rate: 3%Minimum participation: 100%Minimum buffer: 15% |
| 2-yearStep Rate Edge | 11% trigger rate Segment detailsMinimum trigger rate: 3%Minimum participation: 100%Minimum buffer: 10% | 9.5% trigger rate Segment detailsMinimum trigger rate: 3%Minimum participation: 100%Minimum buffer: 15% |
| 3-yearPoint-to-point | 90% cap Segment detailsMinimum cap: 6%Minimum participation: 100%Minimum buffer: 10% | 45% cap Segment detailsMinimum cap: 6%Minimum participation: 100%Minimum buffer: 15% |
| Nasdaq-100 | ||
| 1-yearPoint-to-point | 12.5% cap Segment detailsMinimum cap: 2%Minimum participation: 100%Minimum buffer: 10% | 10.5% cap Segment detailsMinimum cap: 2%Minimum participation: 100%Minimum buffer: 15% |
| 1-yearPerformance trigger | 9% trigger rate Segment detailsMinimum trigger rate: 2%Minimum participation: 100%Minimum buffer: 10% | 8% trigger rate Segment detailsMinimum trigger rate: 2%Minimum participation: 100%Minimum buffer: 15% |
| 1-yearStep Rate Edge | 8% trigger rate Segment detailsMinimum trigger rate: 2%Minimum participation: 100%Minimum buffer: 10% | 6.5% trigger rate Segment detailsMinimum trigger rate: 2%Minimum participation: 100%Minimum buffer: 15% |
| 2-yearPerformance trigger | 16.25% trigger rate Segment detailsMinimum trigger rate: 3%Minimum participation: 100%Minimum buffer: 10% | 14.5% trigger rate Segment detailsMinimum trigger rate: 3%Minimum participation: 100%Minimum buffer: 15% |
| 2-yearStep Rate Edge | 14% trigger rate Segment detailsMinimum trigger rate: 3%Minimum participation: 100%Minimum buffer: 10% | 12.75% trigger rate Segment detailsMinimum trigger rate: 3%Minimum participation: 100%Minimum buffer: 15% |
| 3-yearPoint-to-point | 35% cap Segment detailsMinimum cap: 6%Minimum participation: 100%Minimum buffer: 10% | 30% cap Segment detailsMinimum cap: 6%Minimum participation: 100%Minimum buffer: 15% |
| Fixed account | ||
| 1-year · Declared rate | 3.5% fixedSegment detailsMinimum fixed-account rate: 2.45% | |
Showing 48 of 48 indexed segments.
Outcome simulator unavailable
The current feed does not publish a strategy fee for every eligible segment. No zero fee is assumed, so outcome figures are suppressed.
What the carrier can change at renewal
Upside rates and downside-protection terms are declared for each segment. These are the contractual minimums published with the live rows.
Declared, no index · 1-year2.45%Minimum fixed-account rate
Performance trigger · 1-year100%Minimum participation rate
Performance trigger · 1-year2%Minimum trigger rate
Performance trigger · 2-year100%Minimum participation rate
Performance trigger · 2-year3%Minimum trigger rate
Point-to-point · 1-year2%Minimum cap
Point-to-point · 1-year100%Minimum participation rate
Point-to-point · 3-year6%Minimum cap
Point-to-point · 3-year100%Minimum participation rate
Step Rate Edge · 1-year100%Minimum participation rate
Step Rate Edge · 1-year2%Minimum trigger rate
Step Rate Edge · 2-year100%Minimum participation rate
Step Rate Edge · 2-year3%Minimum trigger rate
Minimum published buffer10%Lowest value across the published segment limits
Open “Segment details” in the matrix to see the contractual minimum attached to that exact row.
Getting money out
Surrender charge · full schedule
Year 16%
Year 26%
Year 35%
After0%
Annual free withdrawal10%
Systematic withdrawalsAvailable
Nursing-home / terminal-illness waiverNursing home · Terminal illness
BailoutNot available
Return of premiumNot available
Death benefitAV Death Benefit
Analyst notes
Where it stands out
- The contract combines one-, two-, and three-year market-linked segments with a fixed-account option inside a three-year surrender design.
- Its current menu spans the S&P 500, Nasdaq-100, Russell 2000, and MSCI EAFE indexes rather than relying on a proprietary benchmark.
- Point-to-point caps, performance triggers, and Step Rate Edge choices let a buyer compare several upside mechanics against the same buffer structure.
- No strategy fee is published on the current segment rows, and nursing-home and terminal-illness surrender waivers are listed.
What to confirm
- This SEC-registered index-linked annuity can lose value. A buffer absorbs only the first layer of an indexed-segment loss; losses beyond it reduce contract value.
- Segment caps, triggers, buffers, and renewal terms vary by index and duration. A larger buffer cannot be evaluated without the upside term and segment length beside it.
- The surrender schedule still applies to early access, and return of premium is not included even though the current contract data shows no market value adjustment.
- This is an accumulation contract with no current lifetime-income rider. Annuitization choices are separate from a guaranteed withdrawal benefit.
Best fitBuyers who understand prospectus-governed market risk, want a shorter surrender design, and can compare each segment's index, term, buffer, and upside mechanic together.
Not ideal forBuyers who cannot accept market loss, need unrestricted liquidity, want a lifetime-withdrawal rider, or prefer a simple return that does not depend on an index segment.
Expanded contract facts
Contract details beyond the headline rate
Key facts published in the versioned CANNEX contract ledger. Gaps are labeled, not guessed.
Contract ledger statusAvailable · version 2.0
Product familyRILA
Share classesNot published
PremiumNot published in feed
Issue ages0–85 (annuitant and owner) · age limits based on the older person
Joint age rulesannuitant: minimum age uses the younger person, maximum age uses the older person, maximum age difference not published · owner: minimum age uses the younger person, maximum age uses the older person, maximum age difference not published
Funding typesNon-qualified · Qualified
Annuitant typesJoint · Single
OwnershipJoint · Single · Trust
Joint contractAvailable
Free-look periodAvailable
Annuitization maximum age90 years
Annuitization optionsJoint life · Single life
Profile feesNot published
Premium bonusNot published
Systematic withdrawalsYes
Minimum-withdrawals rule appliesYes
BailoutNo
Market value adjustmentNone
Return of premiumNot available
Free-withdrawal tiersTier 1: 10% · Available
CDSC schedule3 years · applies to the selected contract
Surrender ledger statusAvailable
Contract sourceCANNEXNormalized public contract facts; source XML and internal identifiers are not displayed.
Source vintagefreshObserved Sep 18, 2026 · generated Sep 21, 2026
Income rider optionsNone published — accumulation only
Death benefitAV Death Benefit
Contract open dateJul 22, 2024
Source and vintage: normalized public product facts from CANNEX, observed Sep 18, 2026. Raw licensed XML and internal identifiers are not included. Terms can vary by state, premium, age, share class, and contract version; confirm the current carrier contract and illustration before purchase.
Prospectus and SEC filings
A RILA is a registered security. The prospectus governs interim value, performance lock, death benefit, and fees.
RegistrantBrighthouse Life Insurance Company
SEC CIK0002041679
File numbers333-283024
Open filings on EDGAR ↗No verified carrier document link is published in the product feed. Rate-sheet supplements will appear only after their product and carrier match is verified.
State availability
52 published jurisdictions. Not available in New York or Puerto Rico.
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Rates are sourced from CANNEX via AdvisorWorld and updated daily. Rates vary by state, premium band, and issue age. A registered index-linked annuity can lose value; a buffer, floor, or downside-participation rule limits specified losses but does not guarantee principal or surrender value. Upside rates and downside-protection terms can change on new segments. Educational only — not advice, a quote, or a carrier-approved illustration. Guarantees are backed by the issuing carrier’s claims-paying ability and are not FDIC-insured.