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.
Available Rates
Rates are based on current simulation settings with premium amount $100,000.00
| 5 Years | 5.15% |
Available Guarantee Periods
Rates are based on current simulation settings with premium amount $100,000.00
| $10,000.00 - $99,999.00 | 5.1% |
| $100,000.00 - $249,999.00 | 5.15% |
| $250,000.00 - $999,999.00 | 5.2% |
| $1,000,000.00 - $2,000,000.00 | 5.25% |
| Features | |
| Maximum Issue Age | 90 years |
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