SecureSaver
Protective Life Insurance Company
10%
Free W/D
50
States
A fixed annuity that protects your principal with guaranteed returns over 5 or 7 years, allowing you to accumulate retirement assets with predictable income options. Ideal for those seeking safety and stability over market-linked growth.
Free Withdrawal
10%/yr
Available In
50 states
Min Premium
$10,000
Surrender
7 years
Key Features
Guaranteed Interest Rate
5 or 7 year guarantee periods availableYour purchase payments earn a fixed, guaranteed rate of return with no market risk
Penalty-Free Withdrawal
10% of prior anniversary contract value annuallyAccess a portion of your money each year without surrender charges
Healthcare Waiver
Available after first contract anniversaryWithdraw funds penalty-free if you or spouse require nursing facility care (30+ days) or receive terminal illness diagnosis
Unemployment Waiver
Requires 60+ consecutive days unemploymentWithdraw funds with no charges if you or spouse become unemployed
Income Payment Bonus
2% bonus if payments start after 10th anniversary with 10+ year termReceive an additional bonus based on contract value when starting income payments
Multiple Income Options
All available for single or joint lifeChoose from lifetime income, specific term, or combinations with refund guarantees
Death Benefit
No additional costBeneficiaries receive full contract value if you pass away before income payments begin
Market Value Adjustment
Does not apply after withdrawal charge period expiresAdjusts withdrawal amounts based on interest rate changes, limited to excess earned interest
Highlights
Guaranteed fixed interest rates for 5 or 7 years with no market risk to principal
10% annual penalty-free withdrawal access plus healthcare and unemployment waivers
2% bonus on annuity income payments if started after 10 years
Multiple income payout options including lifetime income with various guarantees
Death benefit passes full contract value to beneficiaries at no extra cost
Surrender Schedule
Yr 1
9%
Yr 2
8%
Yr 3
7%
Yr 4
6%
Yr 5
5%
Yr 6
4%
Yr 7
3%
After
0%
Nursing home waiver, Terminal illness waiver, Unemployment waiver
Best For
People age 85 or younger who want to protect their principal, earn guaranteed returns, and accumulate assets for reliable retirement income without market risk exposure.
Consider Alternatives If
Those who need immediate access to large amounts of money or who want flexibility to take unlimited withdrawals without penalties during the guarantee period.
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