Product guide

Pacific Protective Growth

A RILA from Pacific Life · reviewed from official materials, July 2026

Pacific Life's registered index-linked annuity: buffers of 10% to 100%, five crediting strategies, and an interim-value clause worth the most attention.

The decoder

Reading the quote

A cap over a buffer — with an interim-value trapdoor

The headline pairing is standard RILA: a cap (or participation/dual-direction variant) over a buffer you choose — 10%, 15%, 20%, or 100% depending on strategy and term. Two of Pacific Life's own sentences complete the picture. On the buffer: "any negative index returns that exceed the buffer percentage will reduce your index-linked option value." And on mid-term exits: withdrawals that trigger an interim-value recalculation "could result in the loss of principal and previous interest credits, which could be as high as 100%" — the downside protection applies at term end, not in between.

This is a security sold by prospectus, with the full RILA trade our decoder covers: defined partial protection priced against capped upside, on price-return index mechanics. The strategy menu is wider than most — including a dual-direction variant and a performance-lock feature that can crystallize a gain or a loss once per term.

The structural detail that most deserves a buyer's attention is the interim value: protection is a term-end promise, and money that leaves mid-term — through withdrawals, charges, or death — leaves at a recalculated value where the buffer does not apply. Pacific Life's Income Guard rider adds lifetime income at 1.50%, with the unusual property that it can never be voluntarily terminated once elected.

Key structural terms

Minimum premium: $25,000
Maximum issue age: 85
Terms: 1-, 2-, 3-, and 6-year; buffer availability varies by strategy and term
Surrender charges (6-yr): 7/7/6/5/4/3%, then 0 — plus an MVA during the first six years
Free withdrawal: 10% of purchase payments per year
Income Guard (optional): Lifetime-income rider at 1.50%; must be elected at issue and cannot be voluntarily terminated
Availability: Not available in Oregon. New York has a separate NY variant with its own contract terms — this page covers the national product

Structural terms summarized from Pacific Life's official product materials as reviewed in July 2026. Terms vary by state and change over time — confirm every detail with the carrier or its representative before acting. Current rates are deliberately not printed here.

The comparison

Against a payment stream

These are opposites. A RILA accepts market risk within defined bounds for equity-linked upside; a payment stream removes market movement from the equation entirely — a fixed schedule at a stated estimated yield, with the issuing carrier's credit as the risk that remains. Investors choose by which uncertainty they would rather own.

The family mechanics are covered in our RILA decoder; what the secondary market pays right now is on the current estimated yields page. And because Pacific Life also stands behind payment streams we list, its role as an issuer is profiled on our Pacific Life carrier page.

View Available Income Options About Pacific Life

Pacific Protective Growth questions

Does the buffer protect me if I withdraw mid-term?

No — Pacific Life's materials are explicit that mid-term withdrawals are processed at an interim value where the downside protection options do not apply, and losses "could be as high as 100%." The buffer is applied at the end of the term you selected.

What these assets are, and what they are not

Guaranteed and life-contingent structured settlement payment rights, and lottery payment rights, represent the right to receive factored payments that Pacific Structured Assets purchases and assigns to investors through a court-approved process. They are purchased at a discount to their total scheduled payments.

These payment rights are NOT annuities, NOT insurance products, and NOT securities registered with the U.S. Securities and Exchange Commission. They are not bank deposits, are not FDIC-insured, and are not protected by any state insurance guaranty association. The industry term “secondary market annuity” refers to these payment rights and does not mean you are purchasing an insurance annuity contract.

You acquire the right to receive the payments, not the underlying annuity. The annuity itself does not change hands. Unlike the original structured settlement annuity, which may be shielded from creditors under applicable law, the assigned payment rights you purchase generally do not carry that creditor or bankruptcy protection.

Assigned annuities, offered as a separate product line, are existing insurance annuity contracts reassigned to a new owner through a change of ownership or an irrevocable change of payee.

These are long-term holdings with limited liquidity, and may not be suitable for every investor. There is no public trading market and no daily price. Resale or reassignment of a payment stream to another buyer may be possible, and Pacific Structured Assets can assist, but a resale is not guaranteed and the price it would bring is not guaranteed. Because the payments are fixed, that resale value moves with prevailing interest rates: an investor could realize a gain if rates have fallen since purchase, or a loss if rates have risen. These holdings are best suited to capital an investor can commit for the long term. Nothing on this website is tax, legal, financial, or investment advice. Consult your own advisors before investing.

Pacific Structured Assets, Inc. is an independent company. We are not affiliated with, endorsed by, sponsored by, or otherwise connected to any insurance company, annuity issuer, state lottery, or other payment obligor named on this website. Issuer and carrier names are used solely to identify the entity obligated to make the scheduled payments on a particular payment stream. All company names, trademarks, and service marks are the property of their respective owners; their appearance here is for identification purposes only and does not imply any partnership, agency, sponsorship, endorsement, or other business relationship. No issuer named on this website has reviewed, approved, or endorsed any of its content.

Pacific Structured Assets does not sell, distribute, or advise on Pacific Protective Growth or any newly issued insurance product. This page is independent education for investors comparing income options.

Pacific Structured Assets

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