A.M. Best A+ rated · 7 products
Protective Life Insurance Company Annuities — A+ Rated
Protective Life Insurance Company is an A.M. Best A+-rated annuity carrier. The current lineup includes 7 fixed indexed and multi-year guaranteed annuity products. Below: current annuity rates, financial-strength ratings, product reviews when available, and the full lineup.
Current rating
A+
A.M. Best
Annuity products
7
7 products across FIA and MYGA families
Reviewed
June 9, 2026
Product lineup reviewed against current rates.
Lineup Snapshot
Available annuity families and product-type context.
- Product pages
- 4 FIA product pages, 3 MYGA product pages
- Product families
- Income Creator, Protective Asset Builder II, Protective Guaranteed Income, Protective Income Builder, Protective Indexed Annuity NY, Securesaver, Smart Saver NY
- Product types
- FIA, MYGA
- State variants
- 2 product pages
Financial Strength
Financial-strength ratings reflect an insurer's claims-paying ability, not the performance of any annuity contract.
Product Highlights
Current Annuity Highlights
Loading current rates, rider rows, index choices, and contract terms.
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Carrier Profile
About Protective Life Insurance Company
Overview: Protective Life Insurance Company was founded in 1907 and is part of Dai-ichi Life Group. The current annuity lineup includes 7 products: 4 fixed indexed annuities and 3 MYGAs. Protective is strongest here when a buyer wants to compare an A+ rated carrier across income FIAs, accumulation FIAs, and state-specific fixed-rate options.
Product lineup: The FIA lineup includes Protective Asset Builder II for indexed accumulation, Protective Guaranteed Income and Protective Income Builder for GLWB-style income planning, and Protective Indexed Annuity NY for New York. The MYGA side includes Income Creator, SecureSaver, and Smart Saver NY. SecureSaver and Smart Saver NY should be compared as state-specific fixed-rate options, not as indexed products.
Notable live products: Current MYGA rate data shows SecureSaver at 5.35%, Smart Saver NY at 4.80%, and Income Creator at a 2.03% fixed-rate signal. For the indexed products, the useful comparison is in the product detail: Asset Builder is the accumulation chassis, while Guaranteed Income and Income Builder are built around optional lifetime-income riders and should be judged by payout, fee, surrender, and income-base mechanics.
Who it may fit: Protective may fit buyers who want a highly rated, long-established carrier and need to compare both guaranteed-rate and income-rider annuity designs. It is less ideal for buyers chasing the highest raw MYGA rate without regard to carrier tier, or for buyers who want one simple national product instead of separate New York and non-New York filings.
Financial Strength In Plain English
The live rating data shows A.M. Best A+ for Protective Life. Protective's public ratings page lists A+ from AM Best plus AA- from S&P and Fitch and Aa3 from Moody's for Protective Life Insurance Company. In plain English, this is a high financial-strength profile. The main decision is less about whether Protective is established and more about which contract structure - fixed rate, accumulation FIA, or income-rider FIA - fits the buyer.
ARHQ Notes
From Our Coverage
First-party review context and product-page notes, kept separate from current rate tables.
Product Highlights
Short notes from product pages.
Protective Asset Builder II
An accumulation-focused fixed indexed annuity from a multi-agency-rated A+-grade carrier on a single surrender chassis, with an S&P 500 annual point-to-point cap alongside multi-year point-to-point cap options and higher-participation strategies on proprietary indexes — no optional GLWB rider and no Protected Income Value chassis.
Open product pageIncome Creator
A 7-year multi-year guaranteed annuity from a multi-agency-rated A+-grade carrier, with a declining surrender ladder, annual free-withdrawal access, standard surrender waivers, no minimum-premium gate at the bottom of the band, and no premium bonus or income rider — available outside New York.
Open product pageProtective Guaranteed Income
An income-led fixed indexed annuity on a 10-year surrender chassis from a multi-agency-rated A+-grade carrier, built around an optional GLWB rider in two flavors (Level Income and Rising Income), with an income-base premium bonus, a published deferral roll-up, RMD-friendly rider mechanics, and an S&P 500 cap plus Citi participation strategy underneath.
Open product pageFeatures
Features
Index options, riders, and term choices pulled into one quick scan.
FIA Products
Protective Asset Builder II
Protective Asset Builder II
Open the product page for live rates, state availability, and term-specific detail.
Protective Guaranteed Income
Protective Guaranteed Income
Open the product page for live rates, state availability, and term-specific detail.
Protective Income Builder
Protective Income Builder
Open the product page for live rates, state availability, and term-specific detail.
Protective Indexed Annuity NY
Protective Indexed Annuity NY
Open the product page for live rates, state availability, and term-specific detail.
MYGA Products
Income Creator
Income Creator
Open the product page for live rates, state availability, and term-specific detail.
Securesaver
Securesaver
At least one page in this group links to a related state-specific product page.
Smart Saver NY
Smart Saver NY
At least one page in this group links to a related state-specific product page.
Live Coverage
Product Coverage
Each annuity product page links to current rates, terms, and product details.
A000B4
Protective Asset Builder II
- Coverage
- ARHQ product page
- Current rate
- Available
A000B7
Protective Guaranteed Income
- Coverage
- ARHQ product page
- Current rate
- Available
A000BC
Protective Income Builder
- Coverage
- ARHQ product page
- Current rate
- Available
A000UN
Protective Indexed Annuity NY
- Coverage
- ARHQ product page
- Current rate
- Available
A0003X
Income Creator
- Coverage
- ARHQ product page
- Current rate
- Available
A00014
Securesaver
- Coverage
- ARHQ product page
- Current rate
- Available
This product page links to a related state-specific product page when one exists.
View product detailsA000KG
Smart Saver NY
- Coverage
- ARHQ product page
- Current rate
- Available
This product page links to a related state-specific product page when one exists.
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Important Notes
Items that may differ from older reviews, cached pages, or carrier materials.
Protective has income-named FIA and MYGA products as well as NY-labeled pages; use product-page rider and state rows before drawing conclusions.
Related state-specific product links are attached for part of the Protective record.
Ranked screens may show fewer products after state, premium, product type, strategy, and ranking filters.
Similar product names stay on separate pages when the data maps them as distinct products or contract versions.
When a related state-specific page exists, open the product page before relying on availability, surrender, or rate details.
Source Links
Carrier and ARHQ product pages used for this profile.
Browse
Protective Life Insurance Company Product Families
Product-list pages carry the full tables, filters, and detail links.
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