Pacific Life - Indexed Pacific Estate Preserver, Last Survivor Indexed

Pacific Life Insurance Company
Unleash the Possibilities in Your Estate Plan
Indexed Pacific Estate Preserver
Last Survivor Indexed Universal Life Insurance
IPEP-1F
Client Guide
Unleash the Possibilities
with Indexed Pacific Estate Preserver
>> 1
What started out as your dream is now a successful reality. You’ve made it. Now may be a good time
to start thinking about how to share your success with the next generation. How will treasured family
assets stay in the family? How will the family business continue? Will there be sufficient liquid assets to
help pay estate taxes1 and expenses?
Will your estate plan be constrained...
or will you unleash the possibilities?
You can help address these concerns with Indexed Pacific Estate Preserver last survivor, indexed
universal life insurance.2 Indexed Pacific Estate Preserver insures two lives and pays a death benefit
when both insureds have passed away. The policy’s death benefit proceeds can help:
Pay estate taxes and expenses.
■Preserve treasured family assets for future generations.
■Continue the family business by helping to meet debt obligations and other expenses.
■
In addition to life insurance protection, Indexed Pacific Estate Preserver offers guaranteed minimum
interest crediting rates as well as the opportunity to earn a higher rate based in part on the performance
of major indexes. With its flexible features, you may adapt your life insurance coverage if your needs change.
1 According to the American Taxpayer Relief Act of 2012, the 2015 federal estate, gift and generation-skipping transfer (GST) tax exemption
amounts are $5,430,000 individual and $10,860,000 joint (indexed for inflation); the maximum estate, gift and GST tax rates are 40%.
Currently, 20 states have estate and/or inheritance taxes, some of which have rates as high as 20%. Source: “Where Not To Die in 2015,” A.
Eberling, Forbes, 9/11/2014; found at http://www.forbes.com/sites/ashleaebeling/2014/09/11/where-not-to-die-in-2015/.
2 Policy Form #P09IEP. This policy does not directly participate in any stock or equity investments.
3 Riders will likely incur additional charges and are subject to availability, restrictions, and limitations. When considering a rider,
request a policy illustration from your life insurance producer to see the rider’s impact on your policy’s values.
Investment and Insurance Products: Not a Deposit
Not FDIC Insured
Not Insured by any Federal Government Agency
No Bank Guarantee
May Lose Value
2 <<
Benefits of Indexed Pacific Estate Preserver
Index-Based
Growth
Potential
Strength of
Guarantees
Flexible
Features for
an Evolving
Estate Plan
Key Product Features
Six indexed accounts—Each with a guaranteed minimum interest
crediting rate. Page 5.
■ Short-Term No-Lapse Guarantee—Up to 10 years of no-lapse
protection, duration based on the younger insured’s age at policy issue.
■
Page 8.
No-Lapse Guarantee Rider—Option to extend the no-lapse guarantee
up to lifetime. Page 8.
■ Flexible benefits while living—Including supplemental income potential
and benefits for the surviving insured. Pages 9–10.
■ Three riders3 with policy exchange provisions—If circumstances or needs
change, you have option to adjust your plan for life insurance coverage.
■
Page 12.
Indexed Growth Potential,
Flexible Features for Your Estate Planning Needs
Flexible Features to Adjust to the Natural Ebb and Flow of Life
>> 3
A legacy is forever. But your plan to protect it can evolve over a lifetime.
Indexed Pacific Estate Preserver has options to help.
If Your Growth
Strategy Changes
Wide Range of Accounts:
Allocate among any combination
of the fixed account and six
indexed accounts.
See pages 5 and 6 for
more information.
If You Want
to Extend Your
Guaranteed Protection
Up to Lifetime
Guaranteed Coverage:
Choose to extend your guaranteed
protection for any duration up to
lifetime, regardless of policy
performance via the optional
No-Lapse Guarantee Rider.
See page 8 for more information.
If Your
Life Insurance
Needs Change
Flexibility to Adjust or
Exchange Your Policy:
■ Convert your policy to another
joint-life insurance policy.
■ Split your policy into two new
policies (one on each insured).
See pages 11 and 12 for
more information.
4 <<
If You Want
Supplemental
Income
If You Want
Additional Coverage
on Only One Insured
If Surviving
Insured Becomes
Terminally Ill
Cash Value Access:
You may access the policy’s
available cash value via policy
loans and withdrawals.4
One-Life Insured Rider:
If only one insured dies, premiums
may still be due and no death
benefit is paid until both insureds
have died. To help expand the
policy’s flexibility, consider the
optional one-life insured term
rider5 that pays a death benefit at
the named insured’s death (covers
one insured or both insureds
individually).
Benefits for Surviving Insured:
Accelerate a portion of the death
benefit if the surviving insured
becomes terminally ill.
See page 10 for more
information.
See page 9 for more information.
Request the rider and see your
personalized illustration for details.
The information in this client guide is a summary of the product’s
benefits and features. For additional information, please request a
personalized product illustration.
Riders will likely incur additional charges and are subject to availability,
restrictions, and limitations. When considering a rider, request a policy
illustration from your life insurance producer to see the rider’s impact on
your policy’s values.
4 Any policy withdrawals, loans, and loan interest will reduce policy values and may reduce benefits.
5 Annual Renewable Term Rider-Individual (Form #R09ARI).
Choose Your Growth Strategy
Indexed Pacific Estate Preserver’s Indexed Interest Crediting Potential
>> 5
Guaranteed Floor
Each indexed account offers a 0% guaranteed minimum interest
crediting rate (guaranteed floor). With 0% guaranteed, the only
reductions to your policy’s cash value will be for policy charges and any
policy distributions, like loans or withdrawals.
Account Choices
You may allocate among any combination of a fixed account and six indexed accounts6
for your growth strategy. The indexed accounts credit interest based in part on the performance
of the following U.S. and international indexes, excluding dividends.
Fixed Account
2% Guaranteed Minimum
Credits interest monthly, based
on current declared rate
Guarantees current rate
for first policy year
1-Year International
Indexed Account
1-Year High Par
Indexed Account
International Indexed
Crediting Potential
Credits Higher Rate Based
on Modest S&P 500®
Index Performance
Credits the average of three
international indexes’ 1-year
Credits 150% of S&P 500® index’s
performance, after each is applied
1-year performance, not to
to the current growth cap and 0%
exceed a current growth cap
guaranteed minimum rate
Composite of Indexes
(1/3 each): Hang Seng,
EURO STOXX 50®, and
MSCI Emerging Markets
Guaranteed Minimum Annual Crediting Rates
2% in Fixed Account
0% in All Indexed Accounts7
S&P 500® index
6 <<
Allocating to the Indexed Accounts
Each Premium Payment
(less a premium load)
Applied to Fixed Account
Earns current interest rate, less policy charges.
On 15th of each month, may be transferred to indexed accounts8
Choice of Six Indexed Accounts
Earn indexed interest credits at end of 1, 2, or 5 years, less policy charges.
Original allocated amount, plus any credited interest, may be reallocated at the end
of its 1-, 2-, or 5-year segment term to any account of your choosing. Or it may stay in
the same account and will start a new 1-, 2-, or 5-year segment.
The policy’s accumulated value is the total of the accumulated value in the fixed account and
indexed accounts. It is reduced by monthly policy charges. See page 13 for more information
on policy charges.
1-Year
Indexed Account
1-Year No Cap
Indexed Account
2-Year
Indexed Account
High Par 5-Year
Indexed Account
Captures S&P 500®
Performance up to Cap Rate
Captures All S&P 500®
Performance in Excess of the
Current Threshold Rate
Offers High Cap rate for S&P
500® Performance; 2-Year
Crediting Duration
Unlimited Growth Potential,
5-Year Crediting Duration
Credits S&P 500® index’s
1-year performance up to a
current growth cap
Credits 100% of S&P 500®
performance minus a current
Threshold Rate—No Cap guaranteed
Credits S&P 500® index’s
performance over 2 years, up to
a current growth cap
Credits 110% of S&P 500®
performance over 5 years.
No current growth cap
S&P 500® index
S&P 500® index
S&P 500® index
S&P 500® index
6 Each transfer into an indexed account creates a unit of value called a segment. Interest is credited to each segment once it reaches the end of its one-, two-, or
five-year segment term. Each indexed account uses a point-to-point measurement of the index performance rate (excluding dividends), except for the High Par
5-Year Indexed Account, which uses a point to last-year-average measurement. Indexed accounts’ contract names and guaranteed elements: 1-Year (1 Year Indexed
Account), 1-Year International (1 Year Indexed Account 2), 1-Year High Par (1 Year Indexed Account 3), 1-Year No Cap (1 Year Indexed Account 4), 2-Year (2
Year Indexed Account), and High Par 5-Year (5 Year Indexed Account 2). Guaranteed 0% minimum annual interest rate in all accounts and guaranteed 100%
participation rate in all accounts except the High Par 5-Year (105%) and 1-Year High Par (140%). Guaranteed minimum growth caps: 3% in 1-Year and 1-Year
International; 2% in 1-Year High Par; no cap in 1-Year No Cap; 6% over 2 years in 2-Year; and 15% over 5 years in High Par 5-Year. 1-Year No Cap current
Threshold Rate is subject to change; guaranteed to be no more than 20% annually.
7Pennsylvania-issued policies feature a 1% guaranteed minimum annual floor rate, lower current growth caps, and the 5-Year Indexed Account instead of the High
Par 5-Year, all of which will be reflected in the product illustration. The 1 Year-No Cap Indexed Account is not available in Pennsylvania.
8On current basis. Once per quarter, guaranteed minimum.
Additional Features for Greater Flexibility and Protection
>> 7
If your estate is large enough to be subject to estate taxes,9 you might use an irrevocable life insurance
trust (ILIT) to own the life insurance policy. Having your policy owned by an ILIT may exclude the policy’s
death benefit from your estate’s valuation for estate tax purposes. Additionally, you may be able to pay your
policy’s premiums using gift tax exemptions.10
Extra Flexibility for Trust Planning
Under current tax laws, a transfer of a life insurance policy to an ILIT within three years of your death may
be considered a gift and the amount of the policy’s death benefit may be included in your estate for estate
tax purposes.
If you are considering establishing an ILIT to own your policy, talk to your life insurance producer and
independent tax and legal advisors about the optional Estate Preservation Rider.11,12 If elected at policy issue
for additional cost, this rider will pay an additional death benefit if both insureds die within the first four
policy years. Effectively, such a benefit gives you the flexibility to buy the policy now and take up to a year
to move the policy into a trust. If both insureds die within three years of gifting the policy to the trust, this
rider’s additional death benefit may help offset any applicable estate tax incurred.
9According to the American Taxpayer Relief Act of 2012, the 2015 federal estate, gift, and generation-skipping transfer (GST) tax exemption amounts are
$5,430,000 individual and $10,860,000 joint (indexed for inflation); the maximum estate, gift and GST tax rates are 40%.
10As of January 1, 2015, the annual gift tax exemption is $14,000 per donee (indexed for inflation).
11Estate Preservation Rider (Form #R13EPR or ICC13 R13EPR—form # based on state of policy issue).
12Riders will likely incur additional charges and are subject to availability, restrictions, and limitations. When considering a rider, request a policy illustration
from your life insurance producer to see the rider’s impact on your policy’s values.
8 <<
Confidence of Two No-Lapse Guarantees
Your policy offers two guarantees to help keep your policy in force, should your policy’s cash value drop
to zero. One is automatically included in your policy at no extra cost. The other is optional and may extend
your no-lapse guarantee duration for any duration up to lifetime. Choose your desired no-lapse guarantee
duration and pay your premiums as planned. Changing the amount or frequency of your premium
payments may affect the no-lapse guarantee duration. Taking policy loans or withdrawals may require the
payment of additional premiums beyond those planned to keep the no-lapse guarantee in force.
Up to 10 Years, Automatic
Your policy comes with no-lapse protection that
guarantees your policy will stay in force from
three to 10 years (duration based on younger
insured’s issue age), as long as you pay at least
the Short-Term No-Lapse Guarantee Premiums
stated in your policy.13
Up to a Lifetime, Optional
You may choose to extend your no-lapse
guarantee for any duration you choose—up to
lifetime—by electing the No-Lapse Guarantee
Rider at policy issue for additional cost.12 As long
as the net no lapse guarantee value is positive,
your policy is guaranteed to stay in force. 14
Choose your desired no-lapse guarantee duration
and pay your premiums as planned for guaranteed protection.
You Choose Your No-Lapse
Guarantee Duration
Lifetime
Examples of No-Lapse
Guarantee Durations
Longer no-lapse guarantee
durations require higher
premiums as shown in the
hypothetical chart at right.
To Age 110
To Age 105
To Age 100
To Age 95
Lower PremiumsHigher
13Paying only the Short-Term No-Lapse Premiums will guarantee the death benefit from 3 to 10 years, duration based on the younger insured’s age at issue,
but will not guarantee cash value accumulation. If you discontinue paying the Short-Term No-Lapse Premiums, the no-lapse feature will terminate before the
guaranteed duration. Additional premiums will be required to continue the policy beyond the guaranteed duration.
14No-Lapse Guarantee Rider (Form #R03FNL). The Lifetime No-Lapse guarantee, depending on how you structure your policy, has a maximum duration of
the younger insured’s lifetime, subject to certain limits. If your net no-lapse guarantee value is zero, the no-lapse feature terminates. If the no-lapse feature
terminates, additional premiums would be required to resume the no-lapse guarantee. If policy performance is such that your policy is being maintained solely by
the no-lapse guarantee, your policy will not build cash value.
Unleash the Flexibility In Your Estate Planning Needs
>> 9
Your policy’s cash value growth potential is
tax-deferred and may offer tax-free15,16 supplemental
income via policy loans, withdrawals, and dynamic
policy riders:
Potential to
Supplement
Your Income
Support Widowed
Spouse and/or
Dependents
Help Pay Terminal
Illness Expenses
for A Surviving
Insured
Terminal Illness Benefits for Surviving Insured
After the death of one insured, the policy provides the ability to accelerate a portion of
the death benefit on a potentially tax-free16 basis if the surviving insured meets certain
conditions. This benefit may be used for any reason; medical or non-medical.
The Terminal Illness Rider is included with all policies at no additional cost.17,18 The rider
allows the policyowner to accelerate a lump sum payment up to $250,000 of death
benefit if the surviving insured is diagnosed with a terminal illness (12 months or
fewer to live).
If your policy will be owned by a trust, adding the right access
provisions can build in future flexibility. Talk to your independent
legal and tax advisors about your circumstances.
15For federal income tax purposes, tax-free income assumes, among other things: (1) withdrawals do not exceed tax basis (generally, premiums paid less prior
withdrawals); (2) policy remains in force until death; (3) withdrawals taken during the first 15 policy years do not occur at the time of, or during the two years
prior to, any reduction in benefits; and (4) the policy does not become a modified endowment contract. See IRC Sections 72, 7702(f)(7)(B), 7702A. Any policy
withdrawals, loans, and loan interest will reduce policy values and may reduce benefits.
16Benefits paid by accelerating the policy’s death benefit may or may not qualify for favorable tax treatment under Section 101(g) of the Internal Revenue Code of
1986. Tax treatment of an accelerated death benefit due to terminal illness depends on the life expectancy of the insured at the time benefits are accelerated. Receipt
of accelerated death benefits may affect eligibility for public assistance programs such as Medicaid. Tax laws relating to accelerated death benefits are complex. Pacific
Life cannot determine whether the benefits are taxable. Clients are advised to consult with qualified and independent legal and tax advisors for more information.
10 <<
Tapping Your Policy’s Cash Value Potential
The policy’s flexibility allows for you to determine the premiums you pay. Here’s how your premiums may
flow through your policy, from premium payment to accumulated cash value potential.
Each premium you pay
is reduced by a premium
load, then applied to the
accumulated value.
Adjustable
Death Benefit
(see page 13)
Accumulated Value
■ Grows tax-deferred at interest crediting rates
(see pages 5-6).
■ Reduced by monthly policy charges (see page 13).
Income Potential
Tax-free15 policy loans
and withdrawals may
be taken from the
available accumulated
value.
Tax-Deferred Growth, Potential Tax-Free15 Income
Your policy’s tax-deferred cash value growth can turn into tax-free15 income via policy loans and
withdrawals. Any withdrawals, policy loans, and accrued policy loan interest will reduce policy values
and may reduce your policy’s benefits. Consider the options below and talk to your life insurance producer
for more details.
Withdrawals—Available after the first policy year, within policy limits.
Standard Loans—Credit and charge fixed interest rates on loaned amounts, guaranteed to result in a loan
net cost no greater than 0.25% annually. On a current basis, the net cost is even lower: 0% in and after the
sixth policy year.19
Alternate Loans18,20—Credit interest earned in all the 1-Year Indexed Accounts and charge a current loan
rate to the loaned amount. The net cost of Alternate Loans will vary based on how the 1-Year Indexed
Accounts’ crediting rates compare to the loan interest rate charged. Alternate Loans may result in lower or
higher net costs, are more volatile, and carry greater risks than Standard Loans.
17Accelerated Death Benefit Rider for Terminal Illness–Last Survivor (Form #R14TSI or ICC14 R14TSI—form # based on state of policy issue). There is no
up-front cost or monthly rider charge. The cost of exercising the rider is that the death benefit is reduced by an amount greater than the rider benefit payment itself
to reflect the early payment of the death benefit. Rider benefit payments will reduce the death benefit, cash surrender value, and any policy debt. Additionally,
rider benefit payments may adversely affect the benefits under other riders.
18Riders will likely incur additional charges and are subject to availability, restrictions, and limitations. When considering a rider, request a policy illustration from
your life insurance producer to see the rider’s impact on your policy’s values.
19Guaranteed interest charged to Standard Loans: 2.25% in all years. Guaranteed interest credited to policy’s accumulated value, based on amount of Standard
Loan: 2.00% in all years (2.25% in and after policy year six, current).
20Alternate Loan Rider (Form #R10ALR) is issued with the policy.
What If Your Needs Change?
>> 11
If your life insurance needs change, talk to your life insurance
producer about your policy’s options, which may include adjusting
your death benefit (see page 13).
If, with the help of your life insurance producer, you decide
replacing your policy is in your best interest, your policy comes
with options that allow you to convert your existing policy into a
new one (one on both lives) or split your existing policy into two
new ones (one on each insured). See next page.
There are circumstances in which replacing (e.g. converting or splitting) your existing life insurance policy
can benefit you. As a general rule, however, replacement is not in your best interest. Your life insurance
producer can provide you with detailed information as to how a replacement may affect your plan of
insurance. You should make a careful comparison of the costs and benefits, including any applicable
surrender charges, of your existing policy and the proposed policy to determine whether replacement is in
your best interest. Please note that the issue of a new policy will reinstate any applicable suicide exclusion
and because policy charges are generally higher in the policy’s early years, may negatively affect the amount
of available cash value upon replacement. Additionally, not all policy benefits and riders may be available on
the new policy and may be lost as a result of replacement, including the No-Lapse Guarantee Rider.
12 <<
Convert the Policy to a New One
EXISTING Survivorship
Policy on Both Insureds
NEW Survivorship Policy
on Both Insureds
Split the Policy into Two New Ones
NEW Single Life Policy
on One Insured
Split the Policy into Two New Policies
(One on Each Insured)
Convert the Policy to a New One
Convert your existing policy to any other available
Pacific Life survivorship life insurance product in
the eighth policy year—Conversion Rider.21
■ No new medical underwriting required.
■ Any applicable surrender charges on the
surrendered policy are waived.
■
NEW Single Life Policy
on Other Insured
For any reason; no triggering event required,
subject to new medical underwriting approval on
new policies—Policy Split Option Rider.22
■ If certain federal estate tax laws change
significantly, no new medical underwriting is
required—Enhanced Policy Split Option Rider.23
■ Splitting the policy is subject to income taxation
on any gain in the policy.
■
These riders24 are included in eligible policies at no additional charge.
21Only the Basic and SVER-LS Coverage components of the policy’s Face Amount may be converted per the Conversion Rider (Rider form #R06CON).
22Rider form #R03PSO.
23Rider form #R03ESO.
24 Riders will likely incur additional charges and are subject to availability, restrictions, and limitations. When considering a rider, request a policy illustration
from your life insurance producer to see the rider’s impact on your policy’s values.
>> 13
Adjustable Death Benefit
Your policy covers two lives and pays a death benefit after the death of both insureds.
Begin with as little as $100,000 in coverage. You may increase or decrease your coverage,
subject to policy limits and in some cases, additional underwriting approval. Note that
decreasing death benefit coverage may not necessarily lower policy charges. Requesting or
scheduling increases can negate the availability of some riders, like the No-Lapse Guarantee
Rider, so talk with your life insurance producer about how to best structure your policy for
your needs.
You will choose one of the following death benefit options at policy issue. You may switch
among them as often as yearly, subject to policy limits.
■ Level (Option A)—Death benefit equals Face Amount.
■ Increasing (Option B)—Death benefit equals Face Amount plus policy’s accumulated value.
■ Return of Premium (Option C)—Death benefit equals Face Amount plus sum of all premiums paid,
less withdrawals.25
Policy Charges
The cost of the life insurance and benefits provided through the policy is deducted monthly from
the accumulated value in the form of policy charges. These charges include an Administrative
Charge, Coverage Charge, Cost of Insurance Charge, and any applicable rider charges.
Additionally, a premium load is deducted from each premium payment. To understand how
the policy charges will affect your policy’s cash value, request a personalized illustration that
includes the “Analysis of Charges” report.
Indexed Universal Life Insurance generally requires additional premium payments after the initial premium. If
either no premiums are paid, or subsequent premiums are insufficient to continue coverage, it is possible that
coverage will expire.
25The maximum issue age for Death Benefit Option C is 80. The maximum Death Benefit calculated will not exceed the amount shown in the Policy Specifications
as the “Option C Death Benefit Limit” except as described in the Death Benefit Qualification Test, Tax Qualification as Life Insurance, and Modified Endowment
Contract Tax Status sections of the Policy.
14 <<
Pacific Life—The Power to Help You Succeed
At Pacific Life, we believe a product is more than its illustrated policy values. It’s a commitment
forged with the life insurance company that issues it. When you buy a life insurance policy from
us, you become a voting member of the Pacific Mutual Holding Company, so decisions made in
support of our overall financial strength are also made with the policyowners’ best interests in
mind. We take this commitment to our policyowners seriously, as shown in our history of passing
along savings in the form of over 120 policy improvements since 1985.
Buying life insurance is a long-term commitment.
The company you choose matters.
This material is not intended to be used, nor can it be used by any taxpayer, for the purpose of avoiding U.S. federal, state or local tax
penalties. This material is written to support the promotion or marketing of the transaction(s) or matter(s) addressed by this material.
Pacific Life Insurance Company, its distributors and their respective representatives do not provide tax, accounting or legal advice.
Any taxpayer should seek advice based on the taxpayer’s particular circumstances from an independent tax advisor.
About the indexes used in Pacific Life’s indexed accounts:
S&P 500® index
The S&P 500 Index is a product of S&P Dow Jones Indices LLC
(“SPDJI”), and has been licensed for use by Pacific Life Insurance
Company. S&P® and S&P 500® are registered trademarks of Standard
& Poor’s Financial Services LLC (“S&P”); Dow Jones® is a registered
trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”);
and these trademarks have been licensed for use by SPDJI and
sublicensed for certain purposes by Pacific Life Insurance Company.
Pacific Life Insurance Company’s Products are not sponsored,
endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective
affiliates, and none of such parties make any representation regarding
the advisability of investing in such product(s) nor do they have any
liability for any errors, omissions, or interruptions of the S&P 500 Index.
Hang Seng Index
Hang Seng Indexes Company Limited (“HSIL”) and Hang Seng
Data Services Limited (“HSDS”) have licensed Pacific Life Insurance
Company to use the Hang Seng Index in connection with this life
insurance product. This product and its 1-Year International Indexed
Account are not sponsored, endorsed, sold or promoted by HSIL
or HSDS. HSIL and HSDS make no representation regarding the
advisability of purchasing a life insurance product. Please read the
disclaimer in relation to the Hang Seng Index in the policy illustration.
For more information about the Hang Seng Index, please visit
www.hsi.com.hk.
MSCI Emerging Markets Index
The Product and its 1-Year International Indexed Account referred to
herein is not sponsored, endorsed, or promoted by MSCI, and MSCI
bears no liability with respect to any such Product and any included
index. The Policy Contract contains a more detailed description of the
limited relationship MSCI has with Pacific Life Insurance Company and
any related Product.
EURO STOXX 50® Index
The EURO STOXX 50® is the intellectual property (including registered
trademarks) of STOXX Limited, Zurich, Switzerland and/or its licensors
(“Licensors”), which is used under license. The Product that includes
the Index is in no way sponsored, endorsed, sold or promoted by
STOXX and its Licensors and neither of the Licensors shall have any
liability with respect thereto.
Pacific Life Insurance Company
Newport Beach, CA 92660
(800) 800-7681
www.PacificLife.com
Pacific Life Insurance Company is licensed to issue insurance products in all states except New York. Product availability and features may vary
by state. Insurance products and their guarantees, including optional benefits and any crediting rates, are backed by the financial strength and
claims-paying ability of the issuing insurance company. Look to the strength of the life insurance company with regard to such guarantees as
these guarantees are not backed by the broker-dealer, insurance agency, or their affiliates from which products are purchased. Neither these
entities nor their representatives make any representation or assurance regarding the claims-paying ability of the life insurance company.
Non-guaranteed elements are not guaranteed by definition. As such, Pacific Life Insurance Company reserves the right to change or modify
any non-guaranteed element. This right to change non-guaranteed elements is not limited to a specific time or reason.
Pacific Life Insurance Company’s individual life insurance products are marketed exclusively through independent third-party life insurance
producers, which may include bank affiliated entities. Some selling entities may limit availability of some optional riders based on their client’s
age and other factors. Your life insurance producer can help you determine which optional riders are available and appropriate for you.
IPEP-1F
Policy Form #P09IEP
15-29099-06 9/15