Protective Life – Foundation 5 (Base + Cetera)
About this product
The Protective Life Foundation 5 is a single-premium Multi-Year Guaranteed Annuity (MYGA) designed for individuals seeking secure, tax-deferred growth and full principal protection over a guaranteed 5-year period. Issued by Protective Life Insurance Company, it offers predictable accumulation, penalty-free annual withdrawals, and fixed interest for the entire term. This annuity is well-suited for conservative savers and retirement-focused investors who prefer stability, liquidity, and guaranteed returns without exposure to market volatility.
The Foundation 5 also provides flexibility through annual renewal options, allowing policyholders to continue growing their funds at the then-current declared rate, withdraw the accumulated value, or annuitize without surrender penalties at term-end.
Available Rates
Rates are based on current simulation settings with premium amount $100,000.00
| 5 Years | 5.30% |
Available Guarantee Periods
Rates are based on current simulation settings with premium amount $100,000.00
| $10,000.00 - $99,999.00 | 5.25% |
| $100,000.00 - $249,999.00 | 5.3% |
| $250,000.00 - $999,999.00 | 5.35% |
| $1,000,000.00 - $2,000,000.00 | 5.4% |
| 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