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

Brighthouse Shield Level II Advisory 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 periodNone
Free withdrawalNot published
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% buffer18% 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
18% cap
Segment detailsMinimum cap: 2%Minimum participation: 100%Minimum buffer: 10%
12.5% cap
Segment detailsMinimum cap: 2%Minimum participation: 100%Minimum buffer: 15%
9.25% cap
Segment detailsMinimum cap: 2%Minimum participation: 100%Minimum buffer: 25%
1-yearPerformance trigger
10.25% trigger rate
Segment detailsMinimum trigger rate: 2%Minimum participation: 100%Minimum buffer: 10%
9% trigger rate
Segment detailsMinimum trigger rate: 2%Minimum participation: 100%Minimum buffer: 15%
1-yearStep Rate Edge
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%
2-yearPerformance trigger
17.5% trigger rate
Segment detailsMinimum trigger rate: 3%Minimum participation: 100%Minimum buffer: 10%
16% trigger rate
Segment detailsMinimum trigger rate: 3%Minimum participation: 100%Minimum buffer: 15%
2-yearStep Rate Edge
15.75% trigger rate
Segment detailsMinimum trigger rate: 3%Minimum participation: 100%Minimum buffer: 10%
14% trigger rate
Segment detailsMinimum trigger rate: 3%Minimum participation: 100%Minimum buffer: 15%
3-yearPoint-to-point
100% cap
Segment detailsMinimum cap: 6%Minimum participation: 100%Minimum buffer: 10%
70% 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%
123% participation1.25% strategy fee
Segment details1.25% strategy feeMinimum cap: 8%Minimum participation: 100%Minimum buffer: 10%
120% cap
Segment detailsMinimum cap: 8%Minimum participation: 100%Minimum buffer: 15%
117% participation1.25% strategy fee
Segment details1.25% strategy feeMinimum cap: 8%Minimum participation: 100%Minimum buffer: 15%
85% cap
Segment detailsMinimum cap: 8%Minimum participation: 100%Minimum buffer: 25%
112% 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.

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

No surrender charge

Free withdrawalNot published
Systematic withdrawalsAvailable
Nursing-home / terminal-illness waiverNot published
BailoutNot available
Return of premiumNot available
Death benefitAV Death Benefit

Analyst notes

Where it stands out

  • The advisory contract publishes buffered segments tied to the S&P 500, Nasdaq-100, Russell 2000, and MSCI EAFE, plus a fixed account.
  • Annual and multi-year choices include conventional point-to-point, performance-trigger, and Step Rate Edge mechanics rather than one undifferentiated market-linked option.
  • The selected contract ledger publishes no surrender-charge period and no market value adjustment, which distinguishes this advisory version from a long surrender schedule.
  • Current carrier data includes financial-strength ratings from A.M. Best, Fitch, Moody's, and S&P.

What to confirm

  • This registered index-linked annuity can lose value. A buffer absorbs only the first stated portion of an index loss; losses beyond it reduce the segment value.
  • Some current multi-year participation-cap segments publish a strategy fee while the standard annual S&P 500 cap does not publish one. Compare each segment using only its published fee terms.
  • The current contract data does not publish a minimum premium or product documents, so eligibility and prospectus details must be confirmed before purchase.
  • The product is not available in New York or Puerto Rico, and current caps, trigger rates, participation terms, and buffers can change for a new segment.
Best fitBuyers working through an advisory channel who understand prospectus-governed market risk, want several recognizable indexes and segment mechanics, and can match a buffer and term to their risk tolerance.
Not ideal forBuyers who require principal protection, a guaranteed fixed return, a currently published lifetime-income option, or complete purchase documents and minimum-premium terms from the live feed.

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 typesSingle
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 tiersNot published
CDSC schedule0 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 20, 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 numbers333-282871

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.

Machine-readable citation contract

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