Form 497VPU VARIABLE ANNUITY ACCOUNT
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Supplement dated May 1, 2025
(for Applications signed (or purchases under a RightTime option) on or after December 13, 2024) to the
Prospectus dated May 1, 2025 for Protective® Investors Benefit Advisory Variable Annuity NY contracts
Issued by
Protective Life and Annuity Insurance Company
Variable Annuity Account A of Protective Life
This Rate Sheet Prospectus Supplement should be read carefully and retained with the Prospectus dated May 1, 2025, for the Protective Investors Benefit Advisory Variable Annuity NY. You may obtain a current Prospectus by visiting www.protective.com/productprospectus or by calling 1-800-456-6330.
This Rate Sheet Prospectus Supplement updates the Ongoing Fees and Expenses (annual charges) for the Contract provided in the “IMPORTANT INFORMATION YOU SHOULD CONSIDER ABOUT THE CONTRACT” section of the Prospectus, Initial Summary Prospectus, and Updating Summary Prospectus, taking into account the current fees for the optional benefits disclosed in this Rate Sheet Prospectus Supplement. This Rate Sheet Prospectus Supplement also provides:
| ● | the current fee for each of the two optional death benefits as described in the "DEATH BENEFIT - Selecting a Death Benefit" section of the Prospectus; |
| ● | the current SecurePay Fee as described in the "PROTECTED LIFETIME INCOME BENEFITS" section of the Prospectus; and |
| ● | the current Maximum Withdrawal Percentage under the SecurePay living benefit rider as described in the "PROTECTED LIFETIME INCOME BENEFITS - Determining the Amount of Your SecurePay Withdrawals" section of the Prospectus. |
This Supplement must be used in conjunction with an effective Protective Investors Benefit Advisory Variable Annuity NY Prospectus.
The Rate Sheet Prospectus Supplement and rates below are effective until superseded by a subsequent Rate Sheet Prospectus Supplement. For applications signed (or purchases under a RightTime option) on or after December 13, 2024, and that we receive in Good Order, we will apply the rates in this supplement up until 10 calendar days after we issue a new Rate Sheet Supplement. We must also receive at least the minimum initial Purchase Payment ($5,000) within 10 calendar days. No new Rate Sheet Prospectus Supplement that supersedes a prior Rate Sheet Prospectus Supplement will become effective unless it is filed at least 10 business days before the effective date of the new Rate Sheet Prospectus Supplement. Any new Rate Sheet Prospectus Supplement will be sent to existing Contract Owners and can be obtained as outlined below.
Before submitting your application for a Protective Investors Benefit Advisory Variable Annuity NY, please obtain a current Rate Sheet Prospectus Supplement. To obtain a current Rate Sheet Prospectus Supplement:
| ● | Contact your financial advisor |
| ● | Contact us toll-free at 1-800-456-6330 |
| ● | Go to www.protective.com/productprospectus or |
| ● | Go to www.sec.gov under File No. 333-238855. |
IMPORTANT INFORMATION YOU SHOULD CONSIDER ABOUT THE CONTRACT
Ongoing Fees and Expenses (annual charges)
The table below describes the fees and expenses that you may pay each year, depending on the options you choose. Please refer to your Contract specifications page for information about the specific fees you will pay each year based on the options you have elected.
| Annual Fee | Minimum | Maximum |
| Base Contract (1) | 0.31% | 0.31% |
| Investment Options (Fund fees and expenses) (2) |
0.08% | 2.86% |
Optional benefits available for an additional charge (for a single optional benefit, if elected) |
0.20% (3) |
1.60% (4) |
(1) We calculate the Base Contract fee by dividing the total amount we receive from the annual contract maintenance fee, the mortality and expense risk charge and the administration charge for the last fiscal year by the total average net assets attributable to the Contracts for that year.
(2) As a percentage of Fund assets.
(3) As an annualized percentage of the death benefit value on each Monthly Anniversary Date, beginning on the 1st Monthly Anniversary Date. This charge is the current charge for the Return of Purchase Payments Death Benefit, the least expensive optional benefit available for an additional charge.
(4) As an annualized percentage of the Benefit Base on each Monthly Anniversary Date, beginning on the 1st Monthly Anniversary Date following election of the rider. This charge is the current charge for the SecurePay Pro Rider under the RightTime Option, the most expensive optional benefit available for an additional charge.
Because your Contract is customizable, the options and benefits you choose can affect how much you will pay. To help you understand the cost of owning your Contract, the following table shows the lowest and highest cost you could pay each year, based on current charges. These estimates assume that you do not take any withdrawals from the Contract, which could add surrender charges that substantially increase costs.
| Lowest Annual Cost: $416 | Highest Annual Cost: $5,061 |
| Assumes: | Assumes: |
● Investment of $100,000 ● 5% annual appreciation ● Least expensive combination of Fund fees and expenses ● No optional benefits | ● Investment of $100,000 ● 5% annual appreciation ● Most expensive combination of optional benefits and Fund fees and expenses |
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● No additional Purchase Payments, transfers or withdrawals ● No sales charges ● No Advisory Fees |
● No additional Purchase Payments, transfers or withdrawals ● No sales charges ● No Advisory Fees |
For additional information about annual charges, see “FEE TABLE” and “CHARGES AND DEDUCTIONS” in the Prospectus.
OPTIONAL DEATH BENEFIT FEES
The current fee for each of the two optional death benefits available under your Contract are as follows:
| Return of Purchase Payments Death Benefit Fee (as an annualized percentage of the death benefit value on each Monthly Anniversary Date, beginning on the 1st Monthly Anniversary Date) | 0.20% |
| Maximum Anniversary Value Death Benefit Fee (as an annualized percentage of the death benefit value on each Monthly Anniversary Date, beginning on the 1st Monthly Anniversary Date) | 0.35% |
SECUREPAY FEE
The current SecurePay Fee applicable to your Contract is as follows:
| Purchase of SecurePay Pro rider at Contract Purchase (as an annualized percentage of the Benefit Base) | 1.50% |
| Purchase of SecurePay Pro rider under RightTime (as an annualized percentage of the Benefit Base) | 1.60% |
MAXIMUM WITHDRAWAL PERCENTAGE
The Maximum Withdrawal Percentage under the SecurePay rider applicable to your Contract will not change for the life of your Contract.
| Age of (Younger) Covered Person on the Benefit Election Date |
(One Covered Person) Withdrawal Percentage |
(Two Covered Persons) Withdrawal Percentage | ||
| 60 | 4.55% | 4.05% | ||
| 61 | 4.65% | 4.15% | ||
| 62 | 4.70% | 4.20% | ||
| 63 | 4.80% | 4.30% | ||
| 64 | 4.85% | 4.35% | ||
| 65 | 4.95% | 4.45% | ||
| 66 | 5.05% | 4.55% | ||
| 67 | 5.10% | 4.60% | ||
| 68 | 5.20% | 4.70% | ||
| 69 | 5.30% | 4.80% | ||
| 70 | 5.40% | 4.90% | ||
| 71 | 5.55% | 5.05% | ||
| 72 | 5.65% | 5.15% | ||
| 73 | 5.75% | 5.25% | ||
| 74 | 5.90% | 5.40% | ||
| 75 | 6.05% | 5.55% | ||
| 76 | 6.20% | 5.70% | ||
| 77 | 6.35% | 5.85% | ||
| 78 | 6.50% | 6.00% | ||
| 79 | 6.65% | 6.15% | ||
| 80 | 6.85% | 6.35% | ||
| 81 | 6.99% | 6.49% | ||
| 82 | 7.13% | 6.63% | ||
| 83 | 7.26% | 6.76% | ||
| 84 | 7.40% | 6.90% | ||
| 85 | 7.54% | 7.04% | ||
| 86 | 7.69% | 7.19% | ||
| 87 | 7.85% | 7.35% | ||
| 88 | 7.99% | 7.49% | ||
| 89 | 8.14% | 7.64% | ||
| 90 | 8.45% | 7.95% | ||
| 91 | 8.62% | 8.12% | ||
| 92 | 8.80% | 8.30% | ||
| 93 | 8.95% | 8.45% | ||
| 94 | 9.12% | 8.62% | ||
| 95+ | 9.64% | 9.14% |
If you have any questions regarding this Rate Sheet Prospectus Supplement, please contact your financial advisor or us toll free at 1-800-456-6330. Please keep this Rate Sheet Prospectus Supplement for future reference.
Updating Summary Prospectus for Existing Investors
May 1, 2025
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Protective® Investors Benefit Advisory
Variable Annuity NY |
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Protective Life and Annuity Insurance Company
Variable Annuity Account A of Protective Life P.O. Box 10648 Birmingham, Alabama 35202‑0648 Telephone: 1‑800‑456‑6330 www.protective.com |
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This Updating Summary Prospectus summarizes key features of the Protective Investors Benefit Advisory Variable Annuity NY Contract (the “Contract”). You should read this Updating Summary Prospectus carefully, particularly the section titled Important Information You Should Consider About the Contract. The Contract is designed for investors who desire to accumulate capital on a tax deferred basis for retirement or other long term investment purposes, is not a short-term investment, and is not appropriate for an investor who needs ready access to cash. The Contract is a complex investment and involves risks, including potential loss of principal. Withdrawals could result in taxes and tax penalties.
The Protective Investors Benefit Advisory Variable Annuity NY Contract (the “Prospectus”) contains more information about the Contract, including its features, benefits, and risks. You can find the Prospectus and other information about the Contract online at www.protective.com/productprospectus. You can also obtain this information at no cost by calling 1-800-456-6330 or by sending an email request to [email protected].
Additional information about certain investment products, including variable annuities, has been prepared by the Securities and Exchange Commission’s staff and is available at Investor.gov.
Protective Life Insurance Company is not a Financial Intermediary. We are not registered as an investment adviser with the SEC or any state securities regulatory authority. We are not acting in any fiduciary capacity with respect to your Contract nor are we acting in any capacity on behalf of any Qualified Plan. The information in this Summary Prospectus does not constitute personalized investment advice or financial planning advice.
The SEC has not approved or disapproved these securities or passed upon the adequacy of this Summary Prospectus. Any representation to the contrary is a criminal offense.
Protective Life and Annuity Insurance Company’s obligations under the Contract are subject to its financial strength and claims-paying ability.
TABLE OF CONTENTS
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SPECIAL TERMS
“We”, “us”, “our”, “Protective Life”, and “Company” refer to Protective Life and Annuity Insurance Company. “You”, “your” and “Owner” refer to the person(s) who has been issued a Contract.
Accumulation Unit A unit of measure used to calculate the value of a Sub-Account prior to the Annuity Date.
Administrative Office Protective Life and Annuity Insurance Company, P.O. Box 10648, Birmingham, Alabama 35202-0648 (for Written Notice sent by U.S. postal service) or Protective Life and Annuity Insurance Company, 2801 Highway 280 South, Birmingham, Alabama 35223 (for Written Notice sent by a nationally recognized overnight delivery service).
Advisory Fee Advisory Fees are fees paid to your Financial Intermediary for providing investment advice regarding your Contract and for managing your Contract Value. Advisory Fees may be paid directly by you or, subject to certain restrictions, be paid out of your Contract Value.
Annual Withdrawal Amount or AWA The maximum amount that may be withdrawn from the Contract under the SecurePay rider each Contract Year after the Benefit Election Date without reducing the Benefit Base.
Annuity Date The date as of which the Annuity Value is applied to an Annuity Option.
Annuity Option The payout option under which the Company makes annuity income payments.
Annuity Value The amount we apply to the Annuity Option you have selected. In general, this is equal to the Contract Value minus applicable premium tax.
Assumed Investment Return The assumed annual rate of return used to calculate the amount of the variable income payments.
Benefit Election Date The date you choose to start your SecurePay Withdrawals.
Benefit Period The period between the Benefit Election Date and any event which would cause the rider to terminate.
Code The Internal Revenue Code of 1986, as amended.
Contract The Protective® Investors Benefit Advisory Variable Annuity NY, a flexible premium, deferred, variable and fixed annuity contract.
Contract Anniversary The same month and day as the Issue Date in each subsequent year of the Contract.
Contract Value Before the Annuity Date, the sum of the Variable Account value and the Guaranteed Account value.
Contract Year Any period of 12 months commencing with the Issue Date or any Contract Anniversary.
Covered Person The person or persons upon whose lives the benefits of the SecurePay rider, as applicable, are based. There may not be more than two Covered Persons.
DCA Dollar cost averaging.
DCA Accounts A part of the Guaranteed Account, but separate from the Fixed Account. The DCA Accounts are designed to transfer amounts to the Sub-Accounts of the Variable Account systematically over a designated period.
Death Benefit The amount we pay to the beneficiary if an Owner dies before the Annuity Date.
Due Proof of Death Receipt at our Administrative Office of a certified death certificate or judicial order from a court of competent jurisdiction or similar tribunal.
Excess Withdrawals Any portion of a withdrawal that, when aggregated with all prior withdrawals during a Contract Year, exceeds the maximum withdrawal amount permitted under the SecurePay Pro rider.
Financial Intermediary A bank, or an investment adviser registered as such with the SEC or state securities regulatory authorities.
Fixed Account A part of the Guaranteed Account, but separate from the DCA Accounts. Amounts allocated or transferred to the Fixed Account earn interest from the date the funds are credited to the account. The Fixed Account is only available on Contracts issued before March 3, 2025.
Fund Any investment portfolio in which a corresponding Sub-Account invests.
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Good Order (“good order”) A request or transaction generally is considered in “Good Order” if we receive it in our Administrative Office within the time limits, if any, prescribed in the Prospectus for a particular transaction or instruction, it includes all information necessary for us to execute the requested instruction or transaction, and is signed by the individual or individuals authorized to provide the instruction or engage in the transaction. A request or transaction may be rejected or delayed if not in Good Order. Good Order generally means the actual receipt by us of the instructions relating to the request or transaction in writing (or, when permitted, by telephone or Internet as described above) along with all forms, information and supporting legal documentation we require to effect the instruction or transaction. This information and documentation generally includes, to the extent applicable: the completed application or instruction form; your contract number; the transaction amount (in dollars or percentage terms); the names and allocations to and/or from the Investment Options affected by the requested transaction; the signatures of all Owners (exactly as indicated on the Contract), if necessary; Social Security Number or Tax I.D.; and any other information or supporting documentation that we may require, including any spousal or Joint Owner’s consents. With respect to Purchase Payments, Good Order also generally includes receipt by us of sufficient funds to effect the purchase. We may, in our sole discretion, determine whether any particular transaction request is in Good Order, and we reserve the right to change or waive any Good Order requirement at any time. If you have any questions, you should contact us or your registered representative before submitting the form or request.
Guaranteed Account The Fixed Account, the DCA Accounts and any other Investment Option we may offer with interest rate guarantees. The Fixed Account is only available on Contracts issued before March 3, 2025.
Investment Option Any account to which you may allocate Purchase Payments or transfer Contract Value under this Contract. The Investment Options are the Sub-Accounts of the Variable Account and the Guaranteed Account available in this Contract.
Issue Date The date as of which we credit the initial Purchase Payment to the Contract and the date the Contract takes effect.
Maximum Annuity Date The latest date on which you must surrender or annuitize the Contract, currently the oldest Owner’s or Annuitant’s 95th birthday.
Monthly Anniversary Date The same day each month as the Issue Date, or the last day of any month that does not have the same day as the Issue Date.
Owner The person or persons who own the Contract and are entitled to exercise all rights and privileges provided in the Contract.
Prohibited Allocation Instruction An instruction from you to allocate Purchase Payments or Contract Value or to take withdrawals that is not consistent with the Allocation Guidelines and Restrictions required in order to maintain the SecurePay rider. If we receive a Prohibited Allocation Instruction, we will terminate your SecurePay rider.
Protected Lifetime Income Benefits The optional SecurePay Pro benefit offered with the Contract.
Purchase Payment The amount(s) paid by the Owner and accepted by the Company as consideration for this Contract.
Qualified Contracts Contracts issued in connection with retirement plans that receive favorable tax treatment under Sections 401, 408, 408A or 457 of the Code.
Qualified Plans Retirement plans that receive favorable tax treatment under Sections 401, 408, 408A or 457 of the Code.
Rate Sheet Prospectus Supplement A periodic supplement to the Prospectus which sets forth the current fees for the available optional death benefit riders, the current fees for the SecurePay rider, as well as Maximum Withdrawal percentage under the SecurePay rider available when you purchase your Contract. See “PROTECTED LIFETIME INCOME BENEFITS (“THE SECUREPAY PRO RIDER”) — Determining the Amount of Your SecurePay Withdrawals.”
Rider Issue Date The date a Protected Lifetime Income Benefit rider is issued.
RightTime The ability to purchase the Protected Lifetime Income Benefit rider, SecurePay Pro, after your Contract is issued, so long as you satisfy the rider’s issue requirements and the rider is still available for sale.
Sub-Account A separate division of the Variable Account.
Surrender Value The amount you receive if you surrender the Contract, which is equal to the Contract Value surrendered minus any contract maintenance fee and premium tax.
Valuation Date Each day on which the New York Stock Exchange is open for business.
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Valuation Period The period which begins at the close of regular trading on the New York Stock Exchange (usually 3:00 p.m. Central Time) on any Valuation Date and ends at the close of regular trading on the next Valuation Date. A Valuation Period ends earlier if the New York Stock Exchange closes early on certain scheduled days (such as the Friday after Thanksgiving or Christmas Eve) or in case of an emergency.
Variable Account The Variable Annuity Account A of Protective Life, a separate investment account of Protective Life.
Written Notice A notice or request submitted in writing in Good Order that we receive at the Administrative Office via U.S. postal service or nationally recognized overnight delivery service. Please note that we use the term “written notice” in lower case to refer to a notice that we may send to you.
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UPDATED INFORMATION ABOUT YOUR CONTRACT
The information in this section of the Updating Summary Prospectus is a summary of certain Contract features that have changed since the Prospectus dated May 1, 2024. This may not reflect all of the changes that have occurred since you entered into your Contract.
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The Morgan Stanley VIF Global Infrastructure Portfolio was liquidated.
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All of the Dimensional funds changed their name to include Dimensional in the fund name and removed DFA.
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The Goldman Sachs Multi-Strategy Alternatives Portfolio was liquidated.
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For updated Fund performance and fee information please see the APPENDIX: INVESTMENT OPTIONS AVAILABLE UNDER THE CONTRACT.
IMPORTANT INFORMATION YOU SHOULD CONSIDER ABOUT THE CONTRACT
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FEES, EXPENSES, AND ADJUSTMENTS
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| | Are There Charges or Adjustments for Early Withdrawals? | | | No. The Contract does not include charges for early withdrawal. | |
| | Are There Transaction Charges? | | |
Yes. You may be charged $25 per transfer for each transfer after the first 12 transfers in a Contract Year. Currently, we do not assess this charge.
For additional information about transaction charges, see “FEE TABLE - Transaction Expenses” and “CHARGES AND DEDUCTIONS” in the Prospectus.
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Are There Ongoing Fees and Expenses (annual charges)?
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| | Yes. The table below describes the fees and expenses that you may pay each year, depending on the options you choose. Please refer to your Contract specifications page for information about the specific fees you will pay each year based on the options you have elected. Fees and expenses in the table do not reflect any Advisory Fees paid from Contract Value or other assets of the Owner and if such charges were reflected, the fees and expenses would be higher. | |
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Annual Fee
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Minimum
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Maximum
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| | Base contract (1) | | |
0.31%
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0.31%
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| | Investment options (Fund fees and expenses) (2) | | |
0.08%
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2.86%
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| | Optional benefits available for an additional charge | | |
See Rate
Sheet Prospectus Supplement (3) |
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See Rate
Sheet Prospectus Supplement (4) |
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(1)
We calculate the Base Contract fee by dividing the total amount we receive from the annual contract maintenance fee, the mortality and expense risk charge and the administration charge for the last fiscal year by the total average net assets attributable to the Contracts for that year.
(2)
As a percentage of Fund assets.
(3)
As an annualized percentage of the death benefit value on each Monthly Anniversary Date, beginning on the 1st Monthly Anniversary Date. This charge is the current charge for the Return of Purchase Payments Death Benefit, the least expensive optional benefit available for an additional charge.
(4)
As an annualized percentage of the Benefit Base on each Monthly Anniversary Date, beginning on the 1st Monthly Anniversary Date following election of the rider. This charge is the current charge for the SecurePay Pro Rider under the RightTime Option, the most expensive optional benefit available for an additional charge.
Because your Contract is customizable, the options and benefits you choose can affect how much you will pay. To help you understand the cost of owning your Contract, the
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following table shows the lowest and highest cost you could pay each year, based on current charges. These estimates assume that you do not take any withdrawals from the Contract.
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Lowest Annual Cost:
See Rate Sheet Prospectus Supplement |
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Highest Annual Cost:
See Rate Sheet Prospectus Supplement |
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| | Assumes: | | | Assumes: | |
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Investment of $100,000
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5% annual appreciation
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Least expensive combination of Fund fees and expenses
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No optional benefits
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No additional Purchase Payments, transfers or withdrawals
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No sales charge
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No Advisory Fees
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Investment of $100,000
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5% annual appreciation
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Most expensive combination of optional benefits and Fund fees and expenses
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No additional Purchase Payments, transfers, or withdrawals
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No sales charge
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No Advisory Fees
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| | For additional information about annual charges, see “FEE TABLE” and “CHARGES AND DEDUCTIONS” in the Prospectus. | | |||
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RISKS
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| | Is There a Risk of Loss from Poor Performance? | | |
Yes. You can lose money by investing in this Contract, including loss of principal.
For additional information about the risk of loss, see “PRINCIPAL RISKS OF INVESTING IN THE CONTRACT” in the Prospectus.
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Is this a Short-Term Investment?
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No. This Contract is not a short-term investment and is not appropriate for an investor who needs ready access to cash. Although you are permitted to take withdrawals or surrender the Contract, federal and state income taxes may apply.
Withdrawals will reduce your Contract Value and death benefit. If you elect to pay Advisory Fees from your Contract Value, this deduction will reduce the death benefits and other guaranteed benefits.
The benefits of tax deferral and living benefit protections also mean the Contract is less beneficial to investors with a short time horizon.
For additional information about the investment profile of the Contract, see “PRINCIPAL RISKS OF INVESTING IN THE CONTRACT,” “CHARGES AND DEDUCTIONS,” ”FEDERAL TAX MATTERS,” “ADVISORY FEES PAID FROM YOUR CONTRACT VALUE,” and “TAXATION OF ANNUITIES IN GENERAL” in the Prospectus.
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What Are the Risks Associated with the Investment Options?
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An investment in this Contract is subject to the risk of poor investment performance and can vary depending on the performance of the Investment Options available under the Contract.
Each Investment Option (including the Guaranteed Account) has its own unique risks.
You should review the prospectuses for the available Funds and consult with your financial professional before making an investment decision.
For additional information about the risks associated with Investment Options, see “PRINCIPAL RISKS OF INVESTING IN THE CONTRACT” in the Prospectus.
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What Are the Risks Related to the Insurance Company?
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An investment in the Contract is subject to the risks related to the Company. Any obligations (including under the Guaranteed Account), guarantees, or benefits under the Contract are subject to the claims-paying ability of the Company. More information about the Company, including its financial strength ratings, is available upon request at no charge by calling us at 1-800-456-6330 or writing us at the address shown on the cover page.
For additional information about Company risks, see “PRINCIPAL RISKS OF INVESTING IN THE CONTRACT,” and “THE COMPANY, VARIABLE ACCOUNT AND FUNDS” in the Prospectus.
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RESTRICTIONS
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Are There Restrictions on the Investment Options?
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Yes. Currently, there is no charge when you transfer Contract Value among Investment Options. However, we reserve the right to charge $25 for each transfer after the first 12 transfers in any Contract Year in the future.
We reserve the right to remove or substitute Funds as Investment Options that are available under the Contract. We also reserve the right to restrict the allocation of additional Purchase Payments and/or transfers of Contract Value to a Fund if we determine the Fund no longer meets one or more of our Fund selection criteria and/or if a Fund has not attracted significant contract owner assets.
For additional information about Investment Options, see “CHARGES AND DEDUCTIONS – Transfer Fee” and “THE COMPANY, VARIABLE ACCOUNT AND FUNDS – Selection of Funds – Addition, Deletion or Substitutions of Investments” in the Prospectus.
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Are There any Restrictions on Contract Benefits?
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Yes. If you select a Protected Lifetime Income Benefit rider:
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The Investment Options available to you under the Contract will be limited.
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You may not make additional Purchase Payments two years or more after the Rider Issue Date or on or after the Benefit Election Date, whichever comes first.
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Withdrawals from Contract Value that exceed the annual withdrawal amount under the rider may significantly reduce or eliminate the rider benefits.
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We may stop offering an optional benefit rider at any time.
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If you elect to pay Advisory Fees from your Contract Value, this deduction will reduce the death benefits and other guaranteed benefits.
If you purchased an optional death benefit, withdrawals may also reduce the benefit by an amount greater than the value withdrawn.
For additional information about the optional benefits, see “PROTECTED LIFETIME INCOME BENEFITS” and “ADVISORY FEES PAID FROM YOUR CONTRACT VALUE” and “DEATH BENEFIT - Selecting A Death Benefit” in the Prospectus.
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TAXES
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What Are the Contract’s Tax Implications?
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You should consult with a qualified tax advisor regarding the federal tax implications of an investment in, payments received under, and other transactions in connection with this Contract.
If you purchase the Contract through a tax-qualified plan or individual retirement arrangement (IRA), you do not get any additional tax deferral. Generally, all earnings on the investments underlying the Contract are tax-deferred until distributed or deemed distributed. A distribution from a non-Qualified Contract, which includes a surrender, withdrawal, payment of a death benefit, or annuity income payments, will generally result in taxable income if there has been an increase in the Contract Value. In the case of a Qualified Contract, a distribution generally will result in taxable income even if there has not been an increase in the Contract Value. In certain circumstances, a 10% additional tax may also apply if the Owner takes a withdrawal before age 59½. All amounts includable in income with respect to the Contract are taxed as ordinary income; no amounts are taxed at the special lower rates applicable to long term capital gains and corporate dividends. If you elect to have Advisory Fees paid out of your Contract Value, this deduction may be subject to federal and state income taxes and a 10% federal additional tax if you are younger than age 59 1/2.
For additional information about tax implications, see “FEDERAL TAX MATTERS” and “TAXATION OF ANNUITIES IN GENERAL” in the Prospectus.
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CONFLICTS OF INTEREST
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How Are Investment Professionals Compensated?
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Some investment professionals may receive compensation for promoting and selling this Contract to you in the form of marketing allowances, cash, and other compensation. These investment professionals may have a financial incentive to offer or recommend the Contract over another investment.
For additional information about compensation, see “DISTRIBUTION OF THE CONTRACTS” in the Prospectus.
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CONFLICTS OF INTEREST
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Should I Exchange My Contract?
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Some investment professionals may have a financial incentive to offer you a new contract in place of the contract you already own. You should only exchange your current contract if you determine, after comparing the features, fees, and risks of both contracts, that it is better for you to purchase the new contract rather than continue to own your existing contract.
For additional information about exchanges, see “TAXATION OF ANNUITIES IN GENERAL – Exchanges of Annuity Contracts” in the Prospectus.
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APPENDIX: INVESTMENT OPTIONS AVAILABLE UNDER THE CONTRACT
The following is a list of Funds available under the Contract. More information about the Funds is available in the prospectuses for the Funds, which may be amended from time to time and can be found online at www.protective.com/eprospectus. You can also request this information at no cost by calling 855-920-9713 or by sending an email request to [email protected]. Depending on the optional benefits you choose, you may not be able to invest in certain Funds.
The current expenses and performance information below reflects fee and expenses of the Funds, but do not reflect the other fees and expenses that your Contract may charge. Expenses would be higher and performance would be lower if these other charges were included. Each Fund’s past performance is not necessarily an indication of future performance.
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Asset
Allocation Type |
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Portfolio Company - Investment Adviser; Sub-
Adviser(s), as applicable |
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Current
Expenses |
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Average Annual Total Returns
(as of 12/31/2024) |
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SecurePay
Pro Rider Allocation Investment Category(2) |
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1 Year
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5 Year
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10 Year
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U.S. Equity
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AB Variable Products Series Fund, Inc. - Discovery Value Portfolio - Class B
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1.06%
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9.72%
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8.57%
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7.36%
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U.S. Equity
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AB Variable Products Series Fund, Inc. - Large Cap Growth Portfolio - Class B
|
| | |
0.90%
|
| | |
24.95%
|
| | |
15.87%
|
| | |
15.67%
|
| | |
3
|
| |
| | |
U.S. Equity
|
| | |
AB Variable Products Series Fund, Inc. - Relative Value Portfolio - Class B
|
| | |
0.86%
|
| | |
12.76%
|
| | |
9.54%
|
| | |
9.39%
|
| | |
3
|
| |
| | |
U.S. Equity
|
| | |
AB Variable Products Series Fund, Inc. - Small Cap Growth Portfolio - Class B(1)
|
| | |
1.15%
|
| | |
18.44%
|
| | |
7.28%
|
| | |
10.34%
|
| | |
4
|
| |
| | |
Allocation
|
| | |
American Funds Insurance Series® American Funds® Global Balanced Fund - Class 4(1)
|
| | |
1.01%
|
| | |
6.32%
|
| | |
4.56%
|
| | |
5.65%
|
| | |
2
|
| |
| | |
Allocation
|
| | |
American Funds Insurance Series® Asset Allocation Fund - Class 4
|
| | |
0.79%
|
| | |
16.11%
|
| | |
8.04%
|
| | |
8.05%
|
| | |
2
|
| |
| | |
Allocation
|
| | |
American Funds Insurance Series® Capital Income Builder® - Class 4(1)
|
| | |
0.78%
|
| | |
9.93%
|
| | |
5.75%
|
| | |
5.17%
|
| | |
2
|
| |
| | |
Taxable Bond
|
| | |
American Funds Insurance Series® Capital World Bond Fund® - Class 4
|
| | |
0.98%
|
| | |
-3.32%
|
| | |
-2.65%
|
| | |
-0.33%
|
| | |
1
|
| |
| | |
International
Equity |
| | |
American Funds Insurance Series® Capital World Growth and Income Fund® - Class 4(1)
|
| | |
0.92%
|
| | |
13.70%
|
| | |
7.04%
|
| | |
8.17%
|
| | |
3
|
| |
| | |
International
Equity |
| | |
American Funds Insurance Series® Global Growth Fund - Class 4(1)
|
| | |
0.91%
|
| | |
13.39%
|
| | |
9.49%
|
| | |
10.46%
|
| | |
3
|
| |
| | |
International
Equity |
| | |
American Funds Insurance Series® Global Small Capitalization Fund - Class 4(1)
|
| | |
1.15%
|
| | |
2.12%
|
| | |
2.74%
|
| | |
5.54%
|
| | |
4
|
| |
| | |
U.S. Equity
|
| | |
American Funds Insurance Series® Growth Fund - Class 4
|
| | |
0.84%
|
| | |
31.29%
|
| | |
18.53%
|
| | |
16.29%
|
| | |
3
|
| |
| | |
U.S. Equity
|
| | |
American Funds Insurance Series® Growth-Income Fund - Class 4
|
| | |
0.78%
|
| | |
23.93%
|
| | |
12.73%
|
| | |
11.93%
|
| | |
3
|
| |
| | |
International
Equity |
| | |
American Funds Insurance Series® International
Fund ‑ Class 4 |
| | |
1.03%
|
| | |
2.93%
|
| | |
0.97%
|
| | |
3.75%
|
| | |
4
|
| |
| | |
International
Equity |
| | |
American Funds Insurance Series® New World
Fund® ‑ Class 4(1) |
| | |
1.07%
|
| | |
6.33%
|
| | |
4.29%
|
| | |
5.96%
|
| | |
4
|
| |
| | |
Taxable Bond
|
| | |
American Funds Insurance Series® The Bond Fund of America® - Class 4(1)
|
| | |
0.73%
|
| | |
0.98%
|
| | |
0.07%
|
| | |
1.42%
|
| | |
1
|
| |
| | |
Taxable Bond
|
| | |
American Funds Insurance Series® U.S. Government Securities Fund® - Class 4(1)
|
| | |
0.75%
|
| | |
0.44%
|
| | |
-0.13%
|
| | |
0.84%
|
| | |
1
|
| |
| | |
U.S. Equity
|
| | |
American Funds Insurance Series® Washington Mutual Investors Fund℠ - Class 4(1)
|
| | |
0.75%
|
| | |
18.85%
|
| | |
11.92%
|
| | |
9.99%
|
| | |
3
|
| |
| | |
Allocation
|
| | |
BlackRock 60/40 Target Allocation ETF V.I. Fund - Class III(1)
|
| | |
0.57%
|
| | |
11.36%
|
| | |
6.86%
|
| | |
6.48%
|
| | |
2
|
| |
| | |
Allocation
|
| | |
BlackRock Global Allocation V.I. Fund - Class III - BlackRock (Singapore) Limited; BlackRock International Limited(1)
|
| | |
1.02%
|
| | |
8.93%
|
| | |
5.72%
|
| | |
5.32%
|
| | |
2
|
| |
| | |
International
Equity |
| | |
BlackRock International V.I. Fund - Class I - BlackRock International Limited(1)
|
| | |
0.86%
|
| | |
0.37%
|
| | |
3.49%
|
| | |
4.61%
|
| | |
4
|
| |
| | |
U.S. Equity
|
| | |
ClearBridge Variable Dividend Strategy Portfolio - Class II - ClearBridge Investments, LLC
|
| | |
1.00%
|
| | |
16.69%
|
| | |
10.69%
|
| | |
10.47%
|
| | |
3
|
| |
10
| | |
Asset
Allocation Type |
| | |
Portfolio Company - Investment Adviser; Sub-
Adviser(s), as applicable |
| | |
Current
Expenses |
| | |
Average Annual Total Returns
(as of 12/31/2024) |
| | |
SecurePay
Pro Rider Allocation Investment Category(2) |
| | ||||||||
| |
1 Year
|
| | |
5 Year
|
| | |
10 Year
|
| | |||||||||||||||||
| | |
U.S. Equity
|
| | |
ClearBridge Variable Large Cap Growth Portfolio - Class II - ClearBridge Investments, LLC
|
| | |
0.99%
|
| | |
27.56%
|
| | |
14.46%
|
| | |
—
|
| | |
3
|
| |
| | |
U.S. Equity
|
| | |
ClearBridge Variable Mid Cap Portfolio - Class II - ClearBridge Investments, LLC
|
| | |
1.06%
|
| | |
9.73%
|
| | |
6.35%
|
| | |
7.02%
|
| | |
4
|
| |
| | |
U.S. Equity
|
| | |
ClearBridge Variable Small Cap Growth Portfolio - Class II - ClearBridge Investments, LLC
|
| | |
1.05%
|
| | |
4.23%
|
| | |
5.13%
|
| | |
7.66%
|
| | |
4
|
| |
| | |
Allocation
|
| | |
Columbia Variable Portfolio - Balanced Fund - Class 2
|
| | |
1.00%
|
| | |
14.30%
|
| | |
9.15%
|
| | |
8.25%
|
| | |
2
|
| |
| | |
Taxable Bond
|
| | |
Columbia Variable Portfolio - Emerging Markets Bond Fund - Class 2(1)
|
| | |
1.00%
|
| | |
6.13%
|
| | |
0.46%
|
| | |
2.66%
|
| | |
4
|
| |
| | |
Taxable Bond
|
| | |
Columbia Variable Portfolio ‑ Intermediate Bond
Fund ‑ Class 2 |
| | |
0.77%
|
| | |
1.73%
|
| | |
-0.06%
|
| | |
1.65%
|
| | |
1
|
| |
| | |
Taxable Bond
|
| | |
Columbia Variable Portfolio - Limited Duration Credit Fund - Class 2(1)
|
| | |
0.66%
|
| | |
4.64%
|
| | |
1.81%
|
| | |
2.08%
|
| | |
1
|
| |
| | |
U.S. Equity
|
| | |
Columbia Variable Portfolio - Select Mid Cap Value Fund - Class 2(1)
|
| | |
1.07%
|
| | |
12.27%
|
| | |
9.58%
|
| | |
8.18%
|
| | |
4
|
| |
| | |
Taxable Bond
|
| | |
Columbia Variable Portfolio - Strategic Income Fund - Class 2(1)
|
| | |
0.94%
|
| | |
4.51%
|
| | |
1.82%
|
| | |
3.10%
|
| | |
2
|
| |
| | |
U.S. Equity
|
| | |
Dimensional VA Equity Allocation Portfolio - Institutional Class - Dimensional Fund Advisors Ltd; DFA Australia Limited(1)(formerly, DFA VA Equity Allocation Portfolio - Institutional Class)
|
| | |
0.31%
|
| | |
15.10%
|
| | |
10.74%
|
| | |
—
|
| | |
3
|
| |
| | |
Taxable Bond
|
| | |
Dimensional VA Global Bond Portfolio - Institutional Class - Dimensional Fund Advisors Ltd; DFA Australia Limited (formerly, DFA VA Global Bond Portfolio - Institutional Class)
|
| | |
0.21%
|
| | |
5.38%
|
| | |
0.81%
|
| | |
1.53%
|
| | |
1
|
| |
| | |
Allocation
|
| | |
Dimensional VA Global Moderate Allocation Portfolio - Institutional Class(1)(formerly, DFA VA Global Moderate Allocation Portfolio - Institutional Class)
|
| | |
0.28%
|
| | |
11.99%
|
| | |
7.77%
|
| | |
6.95%
|
| | |
2
|
| |
| | |
International
Equity |
| | |
Dimensional VA International Small Portfolio - Institutional Class - Dimensional Fund Advisors Ltd; DFA Australia Limited(formerly, DFA VA International Small Portfolio - Institutional Class)
|
| | |
0.39%
|
| | |
3.82%
|
| | |
4.11%
|
| | |
5.91%
|
| | |
4
|
| |
| | |
International
Equity |
| | |
Dimensional VA International Value Portfolio - Institutional Class - Dimensional Fund Advisors Ltd; DFA Australia Limited (formerly, DFA VA International Value Portfolio - Institutional Class)
|
| | |
0.28%
|
| | |
6.62%
|
| | |
7.08%
|
| | |
5.62%
|
| | |
4
|
| |
| | |
Taxable Bond
|
| | |
Dimensional VA Short-Term Fixed Portfolio - Institutional Class - Dimensional Fund Advisors Ltd; DFA Australia Limited(formerly, DFA VA Short-Term Fixed Portfolio - Institutional Class)
|
| | |
0.12%
|
| | |
5.48%
|
| | |
1.91%
|
| | |
1.57%
|
| | |
1
|
| |
| | |
U.S. Equity
|
| | |
Dimensional VA U.S. Large Value Portfolio - Institutional Class (formerly, DFA VA U.S. Large Value Portfolio - Institutional Class)
|
| | |
0.21%
|
| | |
13.38%
|
| | |
8.43%
|
| | |
8.52%
|
| | |
3
|
| |
| | |
U.S. Equity
|
| | |
Dimensional VA U.S. Targeted Value Portfolio - Institutional Class (formerly, DFA VA U.S. Targeted Value Portfolio - Institutional Class)
|
| | |
0.28%
|
| | |
8.14%
|
| | |
12.55%
|
| | |
9.46%
|
| | |
4
|
| |
| | |
Allocation
|
| | |
Fidelity® VIP Asset Manager 50% Portfolio ‑ Service
Class 2 ‑ FMR Investment Management (U.K.) Limited; Fidelity Management & Research (Japan) Limited; Fidelity Management & Research (HK) Ltd (formerly, Fidelity® VIP Asset Manager Portfolio) |
| | |
0.77%
|
| | |
8.23%
|
| | |
5.38%
|
| | |
5.40%
|
| | |
2
|
| |
| | |
Allocation
|
| | |
Fidelity® VIP Asset Manager 70% Portfolio - Service Class 2 - FMR Investment Management (U.K.) Limited; Fidelity Management & Research (Japan) Limited; Fidelity Management & Research (HK) Ltd (formerly, Fidelity® VIP Asset Manager: Growth Portfolio)
|
| | |
0.88%
|
| | |
10.55%
|
| | |
7.19%
|
| | |
6.79%
|
| | |
3
|
| |
11
| | |
Asset
Allocation Type |
| | |
Portfolio Company - Investment Adviser; Sub-
Adviser(s), as applicable |
| | |
Current
Expenses |
| | |
Average Annual Total Returns
(as of 12/31/2024) |
| | |
SecurePay
Pro Rider Allocation Investment Category(2) |
| | ||||||||
| |
1 Year
|
| | |
5 Year
|
| | |
10 Year
|
| | |||||||||||||||||
| | |
Allocation
|
| | |
Fidelity® VIP Balanced Portfolio - Service Class 2 - FMR Investment Management (U.K.) Limited; Fidelity Management & Research (Japan) Limited; Fidelity Management & Research (HK) Ltd
|
| | |
0.67%
|
| | |
15.58%
|
| | |
10.57%
|
| | |
9.35%
|
| | |
2
|
| |
| | |
U.S. Equity
|
| | |
Fidelity® VIP Contrafund® Portfolio - Service Class 2 - FMR Investment Management (U.K.) Limited; Fidelity Management & Research (Japan) Limited; Fidelity Management & Research (HK) Ltd
|
| | |
0.81%
|
| | |
33.45%
|
| | |
16.74%
|
| | |
13.33%
|
| | |
3
|
| |
| | |
Sector Equity
|
| | |
Fidelity® VIP Energy Portfolio - Service Class 2 - FMR Investment Management (U.K.) Limited; Fidelity Management & Research (Japan) Limited; Fidelity Management & Research (HK) Ltd
|
| | |
0.85%
|
| | |
4.02%
|
| | |
12.13%
|
| | |
4.19%
|
| | |
4
|
| |
| | |
Allocation
|
| | |
Fidelity® VIP FundsManager 20% Portfolio - Service Class 2(1)
|
| | |
0.66%
|
| | |
5.39%
|
| | |
2.80%
|
| | |
3.16%
|
| | |
1
|
| |
| | |
Allocation
|
| | |
Fidelity® VIP FundsManager 60% Portfolio - Service Class 2(1)
|
| | |
0.81%
|
| | |
9.45%
|
| | |
6.41%
|
| | |
6.51%
|
| | |
3
|
| |
| | |
Allocation
|
| | |
Fidelity® VIP FundsManager 85% Portfolio - Service Class 2(1)
|
| | |
0.86%
|
| | |
12.38%
|
| | |
8.57%
|
| | |
8.45%
|
| | |
3
|
| |
| | |
U.S. Equity
|
| | |
Fidelity® VIP Growth Opportunities Portfolio - Service Class 2 - FMR Investment Management (U.K.) Limited; Fidelity Management & Research (Japan) Limited; Fidelity Management & Research (HK) Ltd
|
| | |
0.82%
|
| | |
38.56%
|
| | |
18.46%
|
| | |
17.93%
|
| | |
4
|
| |
| | |
U.S. Equity
|
| | |
Fidelity® VIP Growth Portfolio - Service Class 2 - FMR Investment Management (U.K.) Limited; Fidelity Management & Research (Japan) Limited; Fidelity Management & Research (HK) Ltd
|
| | |
0.81%
|
| | |
30.07%
|
| | |
18.63%
|
| | |
16.34%
|
| | |
3
|
| |
| | |
Sector Equity
|
| | |
Fidelity® VIP Health Care Portfolio - Service Class 2 - FMR Investment Management (U.K.) Limited; Fidelity Management & Research (Japan) Limited; Fidelity Management & Research (HK) Ltd
|
| | |
0.84%
|
| | |
4.86%
|
| | |
5.19%
|
| | |
7.81%
|
| | |
3
|
| |
| | |
International
Equity |
| | |
Fidelity® VIP International Capital Appreciation Portfolio - Service Class 2 - FMR Investment Management (U.K.) Limited; Fidelity Management & Research (Japan) Limited; FIL Investment Advisors; FIL Investment Advisors (UK) Ltd; Fidelity Management & Research (HK) Ltd
|
| | |
1.03%
|
| | |
7.92%
|
| | |
6.61%
|
| | |
8.01%
|
| | |
4
|
| |
| | |
Taxable Bond
|
| | |
Fidelity® VIP Investment Grade Bond Portfolio - Service Class 2 - FMR Investment Management (U.K.) Limited; Fidelity Management & Research (Japan) Limited; Fidelity Management & Research (HK) Ltd
|
| | |
0.63%
|
| | |
1.50%
|
| | |
0.20%
|
| | |
1.68%
|
| | |
1
|
| |
| | |
Sector Equity
|
| | |
Fidelity® VIP Materials Portfolio - Initial Class - FMR Investment Management (UK) Limited, Fidelity Management & Research (Hong Kong) Limited, Fidelity Management & Research (Japan) Limited
|
| | |
0.67%
|
| | |
-2.44%
|
| | |
8.95%
|
| | |
5.52%
|
| | |
4
|
| |
| | |
U.S. Equity
|
| | |
Fidelity® VIP Mid Cap Portfolio - Service Class 2 - FMR Investment Management (U.K.) Limited; Fidelity Management & Research (Japan) Limited; Fidelity Management & Research (HK) Ltd
|
| | |
0.82%
|
| | |
17.18%
|
| | |
11.06%
|
| | |
8.94%
|
| | |
3
|
| |
| | |
Allocation
|
| | |
Fidelity® VIP Target Volatility Portfolio ‑ Service
Class 2(1) |
| | |
0.84%
|
| | |
9.80%
|
| | |
5.20%
|
| | |
5.65%
|
| | |
2
|
| |
| | |
Sector Equity
|
| | |
Fidelity® VIP Technology Portfolio - Initial Class - FMR Investment Management (U.K.) Limited; Fidelity Management & Research (Japan) Limited; Fidelity Management & Research (HK) Ltd
|
| | |
0.57%
|
| | |
35.59%
|
| | |
23.82%
|
| | |
21.93%
|
| | |
4
|
| |
| | |
Sector Equity
|
| | |
Fidelity® VIP Utilities Portfolio - Initial Class - FMR Investment Management (U.K.) Limited; Fidelity Management & Research (Japan) Limited; Fidelity Management & Research (HK) Ltd
|
| | |
0.61%
|
| | |
29.00%
|
| | |
9.56%
|
| | |
9.77%
|
| | |
3
|
| |
12
| | |
Asset
Allocation Type |
| | |
Portfolio Company - Investment Adviser; Sub-
Adviser(s), as applicable |
| | |
Current
Expenses |
| | |
Average Annual Total Returns
(as of 12/31/2024) |
| | |
SecurePay
Pro Rider Allocation Investment Category(2) |
| | ||||||||
| |
1 Year
|
| | |
5 Year
|
| | |
10 Year
|
| | |||||||||||||||||
| | |
U.S. Equity
|
| | |
Fidelity® VIP Value Strategies Portfolio - Service Class 2 - FMR Investment Management (U.K.) Limited; Fidelity Management & Research (Japan) Limited; Fidelity Management & Research (HK) Ltd
|
| | |
0.84%
|
| | |
9.16%
|
| | |
11.93%
|
| | |
9.37%
|
| | |
4
|
| |
| | |
Allocation
|
| | |
First Trust Multi Income Allocation Portfolio - Class I
(1)
|
| | |
1.16%
|
| | |
9.98%
|
| | |
5.05%
|
| | |
4.92%
|
| | |
2
|
| |
| | |
Allocation
|
| | |
First Trust/Dow Jones Dividend & Income Allocation Portfolio - Class I
|
| | |
1.18%
|
| | |
6.01%
|
| | |
4.48%
|
| | |
6.14%
|
| | |
2
|
| |
| | |
U.S. Equity
|
| | |
Franklin DynaTech VIP Fund - Class 2 - Franklin Advisers, Inc.
|
| | |
0.87%
|
| | |
30.44%
|
| | |
13.64%
|
| | |
12.67%
|
| | |
4
|
| |
| | |
Allocation
|
| | |
Franklin Income VIP Fund - Class 2 - Franklin Advisers, Inc.(1)
|
| | |
0.72%
|
| | |
7.20%
|
| | |
5.29%
|
| | |
5.27%
|
| | |
2
|
| |
| | |
International
Equity |
| | |
Franklin Mutual Global Discovery VIP Fund - Class 2 - Franklin Mutual Advisers, LLC(3)
|
| | |
1.16%
|
| | |
4.66%
|
| | |
6.42%
|
| | |
5.87%
|
| | |
3
|
| |
| | |
Allocation
|
| | |
Franklin Mutual Shares VIP Fund - Class 2 - Franklin Mutual Advisers, LLC(3)
|
| | |
0.94%
|
| | |
11.27%
|
| | |
5.75%
|
| | |
5.83%
|
| | |
3
|
| |
| | |
U.S. Equity
|
| | |
Franklin Rising Dividends VIP Fund - Class 2 - Franklin Advisers, Inc.(1)
|
| | |
0.88%
|
| | |
10.79%
|
| | |
10.30%
|
| | |
10.44%
|
| | |
3
|
| |
| | |
U.S. Equity
|
| | |
Franklin Small Cap Value VIP Fund - Class 2 - Franklin Mutual Advisers, LLC(1)
|
| | |
0.90%
|
| | |
11.71%
|
| | |
8.36%
|
| | |
8.17%
|
| | |
4
|
| |
| | |
U.S. Equity
|
| | |
Franklin Small-Mid Cap Growth VIP Fund - Class 2 - Franklin Advisers, Inc.(1)
|
| | |
1.08%
|
| | |
11.04%
|
| | |
9.75%
|
| | |
9.32%
|
| | |
4
|
| |
| | |
Taxable Bond
|
| | |
Franklin Strategic Income VIP Fund - Class 2 - Franklin Advisers, Inc.(1)(4)
|
| | |
1.04%
|
| | |
4.02%
|
| | |
1.19%
|
| | |
1.98%
|
| | |
2
|
| |
| | |
Taxable Bond
|
| | |
Goldman Sachs VIT Core Fixed Income Fund - Service Class (1)
|
| | |
0.67%
|
| | |
0.89%
|
| | |
-0.42%
|
| | |
1.17%
|
| | |
1
|
| |
| | |
U.S. Equity
|
| | |
Goldman Sachs VIT Mid Cap Growth Fund - Service Class(1)
|
| | |
0.98%
|
| | |
20.23%
|
| | |
11.04%
|
| | |
10.20%
|
| | |
4
|
| |
| | |
U.S. Equity
|
| | |
Goldman Sachs VIT Mid Cap Value Fund - Service Class(1)(3)
|
| | |
1.07%
|
| | |
12.12%
|
| | |
9.57%
|
| | |
7.71%
|
| | |
4
|
| |
| | |
U.S. Equity
|
| | |
Goldman Sachs VIT Small Cap Equity Insights Fund - Service Class(1)
|
| | |
1.06%
|
| | |
18.76%
|
| | |
8.73%
|
| | |
8.69%
|
| | |
4
|
| |
| | |
U.S. Equity
|
| | |
Goldman Sachs VIT Strategic Growth Fund - Service Class(1)
|
| | |
0.96%
|
| | |
31.99%
|
| | |
16.47%
|
| | |
14.61%
|
| | |
3
|
| |
| | |
Allocation
|
| | |
Goldman Sachs VIT Trend Driven Allocation Fund - Service Class(1)
|
| | |
0.96%
|
| | |
11.73%
|
| | |
4.77%
|
| | |
4.16%
|
| | |
2
|
| |
| | |
Allocation
|
| | |
Invesco® V.I. Balanced‑Risk Allocation Fund ‑
Series II(1) |
| | |
1.06%
|
| | |
3.56%
|
| | |
2.51%
|
| | |
3.57%
|
| | |
2
|
| |
| | |
U.S. Equity
|
| | | Invesco® V.I. Comstock Fund - Series II | | | |
1.01%
|
| | |
14.87%
|
| | |
11.31%
|
| | |
9.21%
|
| | |
3
|
| |
| | |
Allocation
|
| | | Invesco® V.I. Equity and Income Fund - Series II | | | |
0.82%
|
| | |
11.91%
|
| | |
8.12%
|
| | |
7.09%
|
| | |
2
|
| |
| | |
International
Equity |
| | |
Invesco® V.I. EQV International Equity Fund ‑
Series II(4) |
| | |
1.15%
|
| | |
0.34%
|
| | |
2.97%
|
| | |
4.10%
|
| | |
3
|
| |
| | |
International
Equity |
| | | Invesco® V.I. Global Fund - Series II | | | |
1.06%
|
| | |
15.78%
|
| | |
9.21%
|
| | |
9.58%
|
| | |
4
|
| |
| | |
Sector Equity
|
| | |
Invesco® V.I. Global Real Estate Fund - Series II - Invesco Asset Management Limited
|
| | |
1.27%
|
| | |
-2.11%
|
| | |
-2.64%
|
| | |
1.26%
|
| | |
4
|
| |
| | |
Taxable Bond
|
| | | Invesco® V.I. Government Securities Fund - Series II | | | |
0.95%
|
| | |
1.48%
|
| | |
-0.40%
|
| | |
0.67%
|
| | |
1
|
| |
| | |
U.S. Equity
|
| | | Invesco® V.I. Growth and Income Fund - Series II | | | |
1.00%
|
| | |
15.72%
|
| | |
9.81%
|
| | |
8.53%
|
| | |
3
|
| |
| | |
U.S. Equity
|
| | |
Invesco® V.I. Main Street Fund® - Series II(1)(4)
|
| | |
1.05%
|
| | |
23.39%
|
| | |
11.81%
|
| | |
10.97%
|
| | |
3
|
| |
| | |
U.S. Equity
|
| | |
Invesco® V.I. Main Street Small Cap Fund® - Series II
|
| | |
1.11%
|
| | |
12.41%
|
| | |
10.21%
|
| | |
8.73%
|
| | |
4
|
| |
| | |
Money Market
|
| | |
Invesco® V.I. U.S. Government Money Portfolio - Series I
|
| | |
0.66%
|
| | |
4.63%
|
| | |
2.11%
|
| | |
1.40%
|
| | |
1
|
| |
| | |
Allocation
|
| | |
Janus Henderson Balanced Portfolio - Service Shares
|
| | |
0.87%
|
| | |
15.15%
|
| | |
8.06%
|
| | |
8.40%
|
| | |
2
|
| |
| | |
U.S. Equity
|
| | | Janus Henderson Forty Portfolio - Service Shares | | | |
0.83%
|
| | |
28.14%
|
| | |
15.12%
|
| | |
15.36%
|
| | |
3
|
| |
13
| | |
Asset
Allocation Type |
| | |
Portfolio Company - Investment Adviser; Sub-
Adviser(s), as applicable |
| | |
Current
Expenses |
| | |
Average Annual Total Returns
(as of 12/31/2024) |
| | |
SecurePay
Pro Rider Allocation Investment Category(2) |
| | ||||||||
| |
1 Year
|
| | |
5 Year
|
| | |
10 Year
|
| | |||||||||||||||||
| | |
International
Equity |
| | |
Janus Henderson Global Sustainable Equity
Portfolio ‑ Service Shares(1) |
| | |
0.99%
|
| | |
11.01%
|
| | |
—
|
| | |
—
|
| | |
4
|
| |
| | |
Sector Equity
|
| | |
Janus Henderson Global Technology and Innovation Portfolio - Service Shares
|
| | |
0.97%
|
| | |
31.76%
|
| | |
17.80%
|
| | |
19.06%
|
| | |
4
|
| |
| | |
International
Equity |
| | |
Janus Henderson Overseas Portfolio - Service Shares
|
| | |
1.13%
|
| | |
5.58%
|
| | |
6.95%
|
| | |
5.29%
|
| | |
4
|
| |
| | |
Taxable Bond
|
| | |
Lord Abbett Series Fund - Bond Debenture Portfolio - Class VC
|
| | |
0.99%
|
| | |
6.72%
|
| | |
1.90%
|
| | |
3.73%
|
| | |
2
|
| |
| | |
U.S. Equity
|
| | |
Lord Abbett Series Fund - Dividend Growth Portfolio - Class VC
|
| | |
0.99%
|
| | |
22.14%
|
| | |
12.23%
|
| | |
11.16%
|
| | |
3
|
| |
| | |
U.S. Equity
|
| | |
Lord Abbett Series Fund - Fundamental Equity Portfolio - Class VC(1)
|
| | |
1.08%
|
| | |
16.65%
|
| | |
8.81%
|
| | |
7.91%
|
| | |
4
|
| |
| | |
U.S. Equity
|
| | |
Lord Abbett Series Fund - Growth Opportunities Portfolio - Class VC
|
| | |
1.13%
|
| | |
30.61%
|
| | |
7.67%
|
| | |
9.37%
|
| | |
4
|
| |
| | |
Taxable Bond
|
| | |
Lord Abbett Series Fund - Short Duration Income Portfolio - Class VC
|
| | |
0.84%
|
| | |
5.14%
|
| | |
1.70%
|
| | |
2.09%
|
| | |
1
|
| |
| | |
Allocation
|
| | |
LVIP American Century Balanced Fund - Standard Class II(1)(5) (formerly, American Century Investments® VP Balanced Fund - Class I)
|
| | |
0.77%
|
| | |
12.06%
|
| | |
7.05%
|
| | |
6.76%
|
| | |
2
|
| |
| | |
U.S. Equity
|
| | |
LVIP American Century Disciplined Core Value Fund - Standard Class II(1)(5) (formerly, American Century Investments® VP Disciplined Core Value Fund - Class I)
|
| | |
0.71%
|
| | |
13.09%
|
| | |
8.19%
|
| | |
8.24%
|
| | |
4
|
| |
| | |
International
Equity |
| | |
LVIP American Century International Fund - Standard Class II(1)(5) (formerly, American Century Investments® VP International Fund - Class I)
|
| | |
0.95%
|
| | |
2.61%
|
| | |
3.54%
|
| | |
4.93%
|
| | |
4
|
| |
| | |
U.S. Equity
|
| | |
LVIP American Century Ultra Fund ‑ Standard
Class II(1)(5) (formerly, American Century Investments® VP Ultra® Fund ‑ Class I) |
| | |
0.75%
|
| | |
28.80%
|
| | |
18.20%
|
| | |
16.46%
|
| | |
4
|
| |
| | |
U.S. Equity
|
| | | MFS® VIT Growth Series - Service Class(1) | | | |
0.97%
|
| | |
31.15%
|
| | |
14.46%
|
| | |
14.82%
|
| | |
3
|
| |
| | |
U.S. Equity
|
| | | MFS® VIT II Core Equity Portfolio - Service Class(1) | | | |
1.04%
|
| | |
19.87%
|
| | |
12.45%
|
| | |
12.18%
|
| | |
3
|
| |
| | |
International
Equity |
| | |
MFS® VIT II International Growth Portfolio - Service Class(1)
|
| | |
1.13%
|
| | |
8.76%
|
| | |
5.84%
|
| | |
7.56%
|
| | |
3
|
| |
| | |
International
Equity |
| | |
MFS® VIT II International Intrinsic Value Portfolio - Service Class(1)
|
| | |
1.14%
|
| | |
6.97%
|
| | |
4.88%
|
| | |
7.26%
|
| | |
3
|
| |
| | |
U.S. Equity
|
| | |
MFS® VIT II Massachusetts Investors Growth Stock Portfolio - Service Class(1)
|
| | |
0.97%
|
| | |
15.98%
|
| | |
12.16%
|
| | |
12.91%
|
| | |
3
|
| |
| | |
Foreign Large
Blend |
| | |
MFS® VIT II Research International Portfolio - Service Class(1)
|
| | |
1.14%
|
| | |
2.78%
|
| | |
3.64%
|
| | |
4.95%
|
| | |
4
|
| |
| | |
U.S. Equity
|
| | |
MFS® VIT III Blended Research® Small Cap Equity Portfolio - Service Class(1)
|
| | |
0.82%
|
| | |
4.65%
|
| | |
5.94%
|
| | |
7.75%
|
| | |
4
|
| |
| | |
Global Real
Estate |
| | |
MFS® VIT III Global Real Estate Portfolio - Service Class (1)
|
| | |
1.15%
|
| | |
-2.92%
|
| | |
0.66%
|
| | |
4.47%
|
| | |
4
|
| |
| | |
Mid-Cap Value
|
| | |
MFS® VIT III Mid Cap Value Portfolio - Service Class(1)
|
| | |
1.04%
|
| | |
13.52%
|
| | |
9.47%
|
| | |
8.78%
|
| | |
4
|
| |
| | |
Mid-Cap Growth
|
| | | MFS® VIT Mid Cap Growth Series - Service Class(1) | | | |
1.05%
|
| | |
14.44%
|
| | |
8.85%
|
| | |
11.43%
|
| | |
4
|
| |
| | |
U.S. Equity
|
| | | MFS® VIT New Discovery Series - Service Class(1) | | | |
1.12%
|
| | |
6.44%
|
| | |
4.71%
|
| | |
8.92%
|
| | |
4
|
| |
| | |
Allocation
|
| | | MFS® VIT Total Return Series - Service Class(1) | | | |
0.86%
|
| | |
7.46%
|
| | |
5.89%
|
| | |
6.20%
|
| | |
3
|
| |
| | |
International
Equity |
| | |
Morgan Stanley VIF Global Strategist Portfolio ‑
Class II(1) |
| | |
1.00%
|
| | |
7.42%
|
| | |
4.02%
|
| | |
4.35%
|
| | |
2
|
| |
| | |
U.S. Equity
|
| | | Morgan Stanley VIF Growth Portfolio - Class II(1) | | | |
0.82%
|
| | |
61.01%
|
| | |
15.54%
|
| | |
16.37%
|
| | |
4
|
| |
| | |
Allocation
|
| | |
PIMCO VIT All Asset Portfolio - Advisor Class - Research Affiliates LLC(1)
|
| | |
2.365%
|
| | |
3.57%
|
| | |
4.31%
|
| | |
4.25%
|
| | |
2
|
| |
| | |
Commodities
|
| | |
PIMCO VIT CommodityRealReturn® Strategy Portfolio - Advisor Class(1)
|
| | |
2.38%
|
| | |
3.97%
|
| | |
6.98%
|
| | |
1.55%
|
| | |
4
|
| |
14
| | |
Asset
Allocation Type |
| | |
Portfolio Company - Investment Adviser; Sub-
Adviser(s), as applicable |
| | |
Current
Expenses |
| | |
Average Annual Total Returns
(as of 12/31/2024) |
| | |
SecurePay
Pro Rider Allocation Investment Category(2) |
| | ||||||||
| |
1 Year
|
| | |
5 Year
|
| | |
10 Year
|
| | |||||||||||||||||
| | |
Taxable Bond
|
| | |
PIMCO VIT Emerging Markets Bond Portfolio - Advisor Class
|
| | |
1.38%
|
| | |
7.42%
|
| | |
0.82%
|
| | |
3.27%
|
| | |
2
|
| |
| | |
Allocation
|
| | |
PIMCO VIT Global Diversified Allocation Portfolio - Advisor Class(1)
|
| | |
1.28%
|
| | |
9.02%
|
| | |
3.12%
|
| | |
4.36%
|
| | |
2
|
| |
| | |
Taxable Bond
|
| | | PIMCO VIT High Yield Portfolio - Advisor Class | | | |
0.90%
|
| | |
6.78%
|
| | |
3.25%
|
| | |
4.39%
|
| | |
2
|
| |
| | |
Taxable Bond
|
| | | PIMCO VIT Income Portfolio - Advisor Class | | | |
1.16%
|
| | |
5.30%
|
| | |
2.61%
|
| | |
—
|
| | |
2
|
| |
| | |
Taxable Bond
|
| | |
PIMCO VIT Long-Term U.S. Government Portfolio - Advisor Class
|
| | |
2.675%
|
| | |
-6.10%
|
| | |
-5.02%
|
| | |
-0.82%
|
| | |
2
|
| |
| | |
Taxable Bond
|
| | | PIMCO VIT Low Duration Portfolio - Advisor Class | | | |
0.77%
|
| | |
4.39%
|
| | |
0.98%
|
| | |
1.18%
|
| | |
1
|
| |
| | |
Taxable Bond
|
| | | PIMCO VIT Real Return Portfolio - Advisor Class | | | |
1.17%
|
| | |
2.03%
|
| | |
1.83%
|
| | |
2.05%
|
| | |
2
|
| |
| | |
Taxable Bond
|
| | | PIMCO VIT Short-Term Portfolio - Advisor Class | | | |
0.72%
|
| | |
5.95%
|
| | |
2.66%
|
| | |
2.29%
|
| | |
1
|
| |
| | |
Taxable Bond
|
| | | PIMCO VIT Total Return Portfolio - Advisor Class | | | |
0.89%
|
| | |
2.43%
|
| | |
-0.13%
|
| | |
1.43%
|
| | |
1
|
| |
| | |
Allocation
|
| | |
Protective Life Dynamic Allocation Series - Conservative Portfolio(1)
|
| | |
0.90%
|
| | |
7.20%
|
| | |
2.29%
|
| | |
—
|
| | |
1
|
| |
| | |
Allocation
|
| | |
Protective Life Dynamic Allocation Series - Growth Portfolio(1)
|
| | |
0.90%
|
| | |
18.34%
|
| | |
4.73%
|
| | |
—
|
| | |
3
|
| |
| | |
Allocation
|
| | |
Protective Life Dynamic Allocation Series - Moderate Portfolio
|
| | |
0.90%
|
| | |
9.20%
|
| | |
3.20%
|
| | |
—
|
| | |
2
|
| |
| | |
U.S. Equity
|
| | | Royce Capital Small-Cap Portfolio - Service Class(3) | | | |
1.38%
|
| | |
3.26%
|
| | |
6.93%
|
| | |
5.38%
|
| | |
4
|
| |
| | |
U.S. Equity
|
| | | T. Rowe Price® All-Cap Opportunities Portfolio(1) | | | |
0.80%
|
| | |
25.16%
|
| | |
17.18%
|
| | |
16.13%
|
| | |
3
|
| |
| | |
U.S. Equity
|
| | | T. Rowe Price® Blue Chip Growth Portfolio-II Class | | | |
0.99%
|
| | |
35.17%
|
| | |
14.18%
|
| | |
14.48%
|
| | |
3
|
| |
| | |
Sector Equity
|
| | | T. Rowe Price® Health Sciences Portfolio-II Class | | | |
1.10%
|
| | |
1.42%
|
| | |
5.81%
|
| | |
8.20%
|
| | |
4
|
| |
| | |
Allocation
|
| | | T. Rowe Price® Moderate Allocation Portfolio(1) | | | |
0.86%
|
| | |
10.06%
|
| | |
5.51%
|
| | |
6.39%
|
| | |
2
|
| |
| | |
International
Equity |
| | |
Templeton Developing Markets VIP Fund - Class 2 - Franklin Templeton Investment Management, Ltd(1)
|
| | |
1.36%
|
| | |
7.67%
|
| | |
0.88%
|
| | |
3.98%
|
| | |
4
|
| |
| | |
International
Equity |
| | |
Templeton Foreign VIP Fund - Class 2 - Templeton Investment Counsel, LLC(1)(3)
|
| | |
1.06%
|
| | |
-1.00%
|
| | |
2.60%
|
| | |
2.38%
|
| | |
4
|
| |
| | |
Taxable Bond
|
| | |
Templeton Global Bond VIP Fund - Class 2 - Franklin Advisers, Inc.(1)
|
| | |
0.75%
|
| | |
-11.37%
|
| | |
-4.85%
|
| | |
-2.03%
|
| | |
2
|
| |
| | |
Allocation
|
| | | Vanguard® VIF Balanced Portfolio | | | |
0.21%
|
| | |
14.80%
|
| | |
8.18%
|
| | |
8.37%
|
| | |
2
|
| |
| | |
U.S. Equity
|
| | | Vanguard® VIF Capital Growth Portfolio | | | |
0.34%
|
| | |
13.41%
|
| | |
11.86%
|
| | |
12.37%
|
| | |
3
|
| |
| | |
Allocation
|
| | | Vanguard® VIF Conservative Allocation Portfolio | | | |
0.12%
|
| | |
7.49%
|
| | |
4.04%
|
| | |
4.90%
|
| | |
2
|
| |
| | |
U.S. Equity
|
| | | Vanguard® VIF Diversified Value Portfolio | | | |
0.29%
|
| | |
14.89%
|
| | |
12.24%
|
| | |
9.76%
|
| | |
3
|
| |
| | |
U.S. Equity
|
| | | Vanguard® VIF Equity Income Portfolio | | | |
0.29%
|
| | |
15.12%
|
| | |
9.85%
|
| | |
9.89%
|
| | |
3
|
| |
| | |
U.S. Equity
|
| | | Vanguard® VIF Equity Index Portfolio | | | |
0.14%
|
| | |
24.84%
|
| | |
14.36%
|
| | |
12.95%
|
| | |
3
|
| |
| | |
Taxable Bond
|
| | | Vanguard® VIF Global Bond Index Portfolio | | | |
0.13%
|
| | |
2.03%
|
| | |
-0.23%
|
| | |
—
|
| | |
2
|
| |
| | |
U.S. Equity
|
| | | Vanguard® VIF Growth Portfolio | | | |
0.33%
|
| | |
33.14%
|
| | |
15.96%
|
| | |
14.67%
|
| | |
3
|
| |
| | |
Taxable Bond
|
| | | Vanguard® VIF High Yield Bond Portfolio | | | |
0.24%
|
| | |
6.30%
|
| | |
3.37%
|
| | |
4.53%
|
| | |
2
|
| |
| | |
International
Equity |
| | | Vanguard® VIF International Portfolio | | | |
0.33%
|
| | |
9.01%
|
| | |
6.27%
|
| | |
8.40%
|
| | |
4
|
| |
| | |
U.S. Equity
|
| | | Vanguard® VIF Mid-Cap Index Portfolio | | | |
0.17%
|
| | |
15.08%
|
| | |
9.70%
|
| | |
9.41%
|
| | |
3
|
| |
| | |
Allocation
|
| | | Vanguard® VIF Moderate Allocation Portfolio | | | |
0.12%
|
| | |
10.32%
|
| | |
6.06%
|
| | |
6.52%
|
| | |
2
|
| |
| | |
Money Market
|
| | | Vanguard® VIF Money Market Portfolio | | | |
0.15%
|
| | |
5.19%
|
| | |
2.43%
|
| | |
1.80%
|
| | |
1
|
| |
| | |
Sector Equity
|
| | | Vanguard® VIF Real Estate Index Portfolio | | | |
0.26%
|
| | |
4.74%
|
| | |
2.84%
|
| | |
4.99%
|
| | |
4
|
| |
| | |
Taxable Bond
|
| | |
Vanguard® VIF Short-Term Investment-Grade Portfolio
|
| | |
0.14%
|
| | |
4.89%
|
| | |
1.97%
|
| | |
2.24%
|
| | |
1
|
| |
| | |
Taxable Bond
|
| | | Vanguard® VIF Total Bond Market Index Portfolio | | | |
0.14%
|
| | |
1.24%
|
| | |
-0.39%
|
| | |
1.25%
|
| | |
1
|
| |
| | |
International
Equity |
| | |
Vanguard® VIF Total International Stock Market Index Portfolio
|
| | |
0.08%
|
| | |
5.06%
|
| | |
4.23%
|
| | |
—
|
| | |
4
|
| |
| | |
U.S. Equity
|
| | | Vanguard® VIF Total Stock Market Index Portfolio | | | |
0.13%
|
| | |
23.71%
|
| | |
13.67%
|
| | |
12.37%
|
| | |
3
|
| |
15
| | |
Asset
Allocation Type |
| | |
Portfolio Company - Investment Adviser; Sub-
Adviser(s), as applicable |
| | |
Current
Expenses |
| | |
Average Annual Total Returns
(as of 12/31/2024) |
| | |
SecurePay
Pro Rider Allocation Investment Category(2) |
| | ||||||||
| |
1 Year
|
| | |
5 Year
|
| | |
10 Year
|
| | |||||||||||||||||
| | |
Taxable Bond
|
| | |
Western Asset Core Plus VIT Portfolio - Class II - Western Asset Management Company Pte Ltd. – Singapore; Western Asset Management Company, LLC; Western Asset Management Company Ltd. – Japan; Western Asset Management Company Limited – UK
|
| | |
0.78%
|
| | |
-0.86%
|
| | |
-1.42%
|
| | |
—
|
| | |
1
|
| |
(1)
These Funds and their investment advisers have entered into contractual fee waivers or expense reimbursement arrangements. These temporary fee reductions are reflected in their annual expenses. Those contractual arrangements are designed to reduce total annual Fund operating expenses for Contract Owners and will continue past the current year.
(2)
If you have purchased the SecurePay Pro rider, you must allocate your Purchase Payments and Contract Value in accordance with the Allocation Guidelines and Restrictions that we have established. The following table specifies the minimum and maximum percentages of your Contract Value that must be allocated to each of the four Investment Categories during the accumulation phase in order for you to remain eligible for benefits under the SecurePay Pro rider (unless you are fully invested in a Benefit Allocation Model or a permissible single investment option). You can select the percentage of Contract Value to allocate to individual Funds within each group, but the total investment for all Funds in a group must comply with the specified minimum and maximum percentages for that group. See “ALLOCATION GUIDELINES AND RESTRICTIONS FOR PROTECTED LIFETIME INCOME BENEFITS” in the Prospectus.
| |
Investment Category
|
| |
Minimum Allocation
|
| |
Maximum Allocation
|
| |||||||||
| | | | 1 | | | | | | 40% | | | | | | 100% | | |
| | | | 2 | | | | | | 0% | | | | | | 60% | | |
| | | | 3 | | | | | | 0% | | | | | | 25% | | |
| | | | 4 | | | |
Not Permitted
|
| |
Not Permitted
|
| ||||||
(3)
The Franklin Mutual Global Discovery VIP Fund Class 2, Franklin Mutual Shares VIP Fund Class 2, Templeton Foreign VIP Fund Class 2, Goldman Sachs VIT Mid Cap Value Fund Service Class, and Royce Capital Fund-Small-Cap Portfolio Service Class will not be available to Contracts issued on or after May 1, 2021.
(4)
The American Funds IS Capital Income Builder, Class 4; Franklin Strategic Income VIP, Class 2; Invesco V.I. EQV International Equity, Class 2 and Invesco V.I. Main Street, Class 2 will not be available to Contracts issued on or after May 1, 2022.
(5)
Not available to applications signed on or after April 26, 2024.
16
This Updating Summary Prospectus incorporates by reference the Protective Investors Benefit Advisory NY Variable Annuity Contract’s Prospectus, dated May 1, 2025, and Statement of Additional Information (SAI), dated May 1, 2025, as amended or supplemented. The SAI may be obtained, free of charge, in the same manner as the Prospectus.
EDGAR Contract Identifier: C000221208
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