Simulation & Edit Mode
Active Product: Protective Life – Foundation 5 (No ROP)
Protective Life – Foundation 5 (No ROP)
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.
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 | 5.30% |
Available Guarantee Periods
Rates based on investment amount $100,000.00
| $10,000.00 - $99,999.00 | 5.25% |
| $100,000.00 - $249,999.00 | 5.30% |
| $250,000.00 - $999,999.00 | 5.35% |
| $1,000,000.00 - $2,000,000.00 | 5.40% |
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 | 5.30% |
| 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