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Registered index-linked annuity · SEC-registered · defined downside design

Brighthouse Shield Level II 6-Year Annuity

Issued by Brighthouse Life Insurance Company

AM Best A1.25% published segment feeCan lose value
Segment terms1-year · 2-year · 3-year · 6-year
Downside choices10% buffer · 15% buffer · 25% buffer
Fee1.25% where publishedFee-null segments remain unknown; no zero fee is assumed
Surrender period6 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
Get my rate reportAll 77 rate rowsVerified Sep 18, 2026 · CANNEX via AdvisorWorld
Headline segment · S&P 500 Index · 1-year · 10% buffer16% 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 · term10% buffer15% buffer25% buffer
S&P 500
1-yearPoint-to-point
16% cap
Segment detailsMinimum cap: 2%Minimum participation: 100%Minimum buffer: 10%
12% cap
Segment detailsMinimum cap: 2%Minimum participation: 100%Minimum buffer: 15%
9% cap
Segment detailsMinimum cap: 2%Minimum participation: 100%Minimum buffer: 25%
1-yearPerformance trigger
10% trigger rate
Segment detailsMinimum trigger rate: 2%Minimum participation: 100%Minimum buffer: 10%
8.75% 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%
7% trigger rate
Segment detailsMinimum trigger rate: 2%Minimum participation: 100%Minimum buffer: 15%
2-yearPerformance trigger
16.5% trigger rate
Segment detailsMinimum trigger rate: 3%Minimum participation: 100%Minimum buffer: 10%
15% trigger rate
Segment detailsMinimum trigger rate: 3%Minimum participation: 100%Minimum buffer: 15%
2-yearStep Rate Edge
15% 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%
3-yearPoint-to-point
75% cap
Segment detailsMinimum cap: 6%Minimum participation: 100%Minimum buffer: 10%
60% cap
Segment detailsMinimum cap: 6%Minimum participation: 100%Minimum buffer: 15%
6-yearPoint-to-point
Not published
Segment detailsMinimum cap: 8%Minimum participation: 100%Minimum buffer: 10%
121% participation1.25% strategy fee
Segment details1.25% strategy feeMinimum cap: 8%Minimum participation: 100%Minimum buffer: 10%
110% cap
Segment detailsMinimum cap: 8%Minimum participation: 100%Minimum buffer: 15%
115% participation1.25% strategy fee
Segment details1.25% strategy feeMinimum cap: 8%Minimum participation: 100%Minimum buffer: 15%
80% cap
Segment detailsMinimum cap: 8%Minimum participation: 100%Minimum buffer: 25%
110% participation1.25% strategy fee
Segment details1.25% strategy feeMinimum cap: 8%Minimum participation: 100%Minimum buffer: 25%

Showing 19 of 76 indexed segments.

Menu combined from 2 published rate instances (64 + 12 segments).

What one segment pays at an index outcome

Contract arithmetic on today’s published terms, net of the published strategy fee; not a forecast.

Only segments with a published strategy fee are selectable. Fee-null segments remain in the complete matrix, but their outcomes are suppressed because no zero fee is assumed. A published-fee segment with an unsupported payoff mechanic also remains matrix-only rather than being approximated.

Downside-aware simulator

Test an index segment outcome

The segment can lose value. This educational one-segment scenario is not a carrier illustration.

Strategy fee 1.25%/yr applied.

Starting value

$100,000

Segment return

-7.27%

Ending value

$92,731

Outcomes are net of the published strategy fee. Point-to-point uses the stated buffer; Dual Direction credits a loss inside the buffer as a gain; Dual Trigger pays its flat rate when the index is at or above the negative buffer; Performance Trigger pays its flat rate when the index is at or above zero. The annual fee is compounded across the listed segment term.

The strategy fee, priced honestly

For segments that publish it, 1.25% a year applies whether the index rises, falls, or finishes flat. Fee-null rows are not treated as free.

6-year segment−7.27%$7,269 on $100,000
The fee is expressed as an annual charge and compounded across the full term for these outcome figures. Exact daily deductions and interim values are governed by the prospectus.

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
Point-to-point · 6-year8%Minimum cap
Point-to-point · 6-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 17%
Year 27%
Year 36%
Year 45%
Year 54%
Year 63%
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 national six-year contract offers one-, two-, three-, and six-year market-linked segments plus a fixed-account option.
  • Current choices cover the S&P 500, Nasdaq-100, Russell 2000, and MSCI EAFE indexes across point-to-point, performance-trigger, and Step Rate Edge mechanics.
  • Several buffer levels let buyers choose how much initial index loss the insurer absorbs while accepting the corresponding upside trade-off.
  • Nursing-home and terminal-illness surrender waivers are published, and the current contract data shows no market value adjustment.

What to confirm

  • This SEC-registered index-linked annuity can lose value. Losses beyond the selected buffer reduce contract value, and a buffer is not a floor or a complete-loss shield.
  • Some six-year participation and cap segments carry a strategy fee. Every projected outcome for those choices must be shown net of that fee and labeled accordingly.
  • The six-year surrender schedule can affect early access, return of premium is not included, and interim withdrawals can change a segment's result independently of its ending index return.
  • This is an accumulation contract with no current lifetime-income rider; published annuitization choices do not create a guaranteed withdrawal benefit.
Best fitBuyers who can hold through a six-year surrender schedule, understand prospectus-governed market risk, and will compare buffer, term, upside mechanic, and strategy fee as one package.
Not ideal forBuyers who cannot accept market loss, need unrestricted access, want lifetime withdrawals, or do not want to evaluate each segment's published fee status separately.

Expanded contract facts

Contract details beyond the headline rate

Fresh CANNEX source

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 schedule6 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 numbers333-283023

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; New York uses the separate 6-year contract.

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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.

Machine-readable citation contract

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