Registered index-linked annuity · SEC-registered · defined downside design
Brighthouse Shield Level Pay Plus II
Issued by Brighthouse Life Insurance Company
AM Best ACan lose value
Income contractIncome-oriented contract; current option rates are not published in the live product data.Market Growth with Rollup · 5% simple income-base roll-up for up to 10 years. This grows an income base, not contract value; no future income projection is inferred without the remaining deferral-specific inputs.
Segment terms1-year · 2-year · 3-year · 6-year
Downside choices10% buffer · 15% buffer · 25% buffer
FeeNot published
Surrender period6 yrs
Free withdrawal10%per year
Issue ages50–85 (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% buffer16.25% 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 | 25% buffer |
|---|---|---|---|
| S&P 500 | |||
| 1-yearPoint-to-point | 16.25% cap Segment detailsMinimum cap: 2%Minimum participation: 100%Minimum buffer: 10% | 13% cap Segment detailsMinimum cap: 2%Minimum participation: 100%Minimum buffer: 15% | 9.75% cap Segment detailsMinimum cap: 2%Minimum participation: 100%Minimum buffer: 25% |
| 1-yearPerformance trigger | 11% trigger rate Segment detailsMinimum trigger rate: 2%Minimum participation: 100%Minimum buffer: 10% | 9.75% trigger rate Segment detailsMinimum trigger rate: 2%Minimum participation: 100%Minimum buffer: 15% | — |
| 1-yearStep Rate Edge | 9% trigger rate Segment detailsMinimum trigger rate: 2%Minimum participation: 100%Minimum buffer: 10% | 7.5% trigger rate Segment detailsMinimum trigger rate: 2%Minimum participation: 100%Minimum buffer: 15% | — |
| 2-yearPerformance trigger | 18% 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 | 16% 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 | 130% 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 | 400% cap Segment detailsMinimum cap: 8%Minimum participation: 100%Minimum buffer: 10% | 145% cap Segment detailsMinimum cap: 8%Minimum participation: 100%Minimum buffer: 15% | 100% cap Segment detailsMinimum cap: 8%Minimum participation: 100%Minimum buffer: 25% |
Showing 16 of 64 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
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 current segment menu spans the S&P 500, Nasdaq-100, Russell 2000, and MSCI EAFE, plus a fixed account.
- Annual and multi-year buffered choices include point-to-point, performance-trigger, and Step Rate Edge mechanics.
- The published liquidity package includes a declining surrender schedule, an annual free-withdrawal allowance, and nursing-home and terminal-illness waivers.
- No strategy fee is published on the current indexed rows, so the page does not invent a segment charge.
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.
- The current product data publishes withdrawal rates and an annual rider fee for both income options. The simple roll-up applies to an income base rather than contract value, and the remaining inputs for a future income projection are not published.
- Withdrawals above the published free amount remain subject to the surrender schedule, even though the contract data reports no market value adjustment.
- The current contract data does not publish a minimum premium or product documents, and the product is not available in New York or Puerto Rico.
Best fitBuyers who understand prospectus-governed loss exposure, want multiple buffered index choices, and will compare the published Market Growth income options, payout rates, rider fee, and income-base roll-up before selecting one.
Not ideal forBuyers who require principal protection, unrestricted liquidity, a simple fixed return, or a complete future lifetime-income projection from the currently published inputs.
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 ages50–85 (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
OwnershipCorporation · Joint · 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 20, 2026
Income rider optionsMarket Growth · Market Growth with Rollup
Published withdrawal ratesNot publishedCurrent payout facts for the requested age and state; these are not deferral projections.
Published annual rider fee1.5%Applies to the published income rider options; confirm the fee base and contract terms in the prospectus.
Published income-base roll-upMarket Growth with Rollup · 5% simple income-base roll-up for up to 10 yearsThe roll-up applies to the income benefit base, not contract value or cash value.
Income projectionUnavailableA roll-up rule is published, but the remaining deferral-specific income-base and start-age payout inputs needed for a future annual-income projection are not; no projection is calculated.
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 numbers333-282752
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.