Simulation & Edit Mode
Active Product: Protective – Balance Annuity 5 with Return of Premium (ROP)
Protective – Balance Annuity 5 with Return of Premium (ROP)
About this product
The Protective Balance Annuity 5 with Return of Premium (ROP) is a single-premium Multi-Year Guaranteed Annuity (MYGA) designed to provide steady, tax-deferred growth over a guaranteed 5-year term. This version includes a Return of Premium benefit, ensuring the policyholder always receives at least the initial premium amount upon full surrender, even if surrender charges apply.
Issued by Protective Life Insurance Company, this annuity combines predictable accumulation, full principal protection, and enhanced liquidity through the ROP feature—ideal for conservative savers seeking guaranteed returns with downside protection.
Important Disclaimer
The results displayed here are for simulation purposes only and do not represent financial advice or real-world values. Please consult a qualified financial professional before making any investment decisions.
Available Rates
| 5 Years | 5.15% |
Available Guarantee Periods
Rates based on investment amount $100,000.00
| $10,000.00 - $99,999.00 | 5.10% |
| $100,000.00 - $249,999.00 | 5.15% |
| $250,000.00 - $999,999.00 | 5.20% |
| $1,000,000.00 - $2,000,000.00 | 5.25% |
Features
| Maximum Issue Age | 90 years |
Growth Projection
How your money grows
Based on your issue age (55) and target payout age (60), the following guarantee period will be applied:
| Guarantee Period | 5 years |
| Rate | 5.15% |
| Age | 55 - 60 |
Summary
| Total years to payout | 30 |
| Total guarantee periods applied | 6 |
Lifetime Income Details
Payout Options
Additional Options
Actual payout options may vary by insurance carrier and specific products. Common alternatives include:
Life Income Only
Payments for the rest of your life, stopping upon death
Period Certain
Guaranteed payments for a specific time period (5, 10, 15, or 20 years)
Life with Period Certain
Lifetime payments with a minimum guaranteed period
Joint Life
Payments continue for both you and your spouse's lifetimes
Systematic Withdrawal
Regular withdrawals of a specified amount or percentage