Close Close
Sign In
Newsletters
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
Podcast Center Video Center Webcasts Resource Center Events
About ThinkAdvisor Contact Us Advertise With Us Asset & Logo Licensing Sitemap Terms of Service Privacy Policy Copyright © 2024 ALM Global, LLC. All Rights Reserved.
ThinkAdvisor

Life Health > Life Insurance

Pacific Life Introduces Empire State VA Contract

By Staff Writer

X
Your article was successfully shared with the contacts you provided.

NU Online News Service, April 5, 2005, 5:18 p.m. EDT

A California company has started selling a variable annuity designed for residents of New York state.[@@]

Pacific Life & Annuity Company, Newport Beach, Calif., a unit of Pacific Life Insurance Company, says the new Pacific Variable annuity will offer a 4% immediate credit to contract purchasers. The credit is available for investments of up to $250,000, Pacific Life & Annuity says.

Other features include a choice of 31 variable investment options, a fixed-rate option, free asset-allocation services, and an optional guarantee that can ensure that there will be no loss of the initial investment at the end of a 10-year holding period, Pacific Life says.

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.