||For Immediate Release|
Pacific Life Expands Distribution of Fixed Annuities
Introducing Pacific Life Producer Alliance
Newport Beach, Calif. (June 28, 2012)-The Retirement Solutions Division of Pacific Life Insurance Company has introduced Pacific Life Producer Alliance, enabling a wider range of financial professionals to sell the company's fixed annuity products and benefit from Pacific Life's comprehensive, consultative approach to sales support.
"Pacific Life Producer Alliance opens up a new opportunity for select registered representatives and experienced life insurance producers who, in the past, did not have access to Pacific Life's fixed annuity products and services," says Chris van Mierlo, senior vice president, Pacific Life Retirement Solutions Division. "These producers can now form a direct relationship with Pacific Life that enables them to offer clients a comprehensive line of fixed annuity products from a well-known, financially strong insurer that any professional can be proud to represent."
Producers who join Pacific Life Producer Alliance also have access to The Pacific Life Experience, the company's consultative approach to sales support. "Through The Pacific Life Experience, we help producers grow their businesses, improve their practices, and gain new insights for retirement strategies," says van Mierlo. "It's one of the primary reasons financial professionals stay with us and rely on us to meet their growing practices' needs." Pacific Life's dedicated team of consultative wholesalers will support the producers who sign on through Pacific Life Producer Alliance. Producers will also have access to Pacific Life's comprehensive product training, sales materials, and an award-winning website, offering a wide array of sales and practice-management resources.
Pacific Life is planning a promotional campaign to alert financial professionals about the launch of Pacific Life Producer Alliance. Products currently available to professionals who become contracted with Pacific Life include:
- Pacific Index Choicesm, a deferred fixed indexed annuity for clients interested in safety of principal with the potential for higher interest-earning opportunities.
- Pacific Income Provider®, a single-premium, immediate fixed annuity for clients looking for immediate lifetime income or to maximize their payouts over a set period of time
- Pacific Expeditionsm, a deferred fixed annuity for clients interested in safety of principal and the opportunity to capture rising interest rates.
- Pacific Explorer®, a deferred fixed annuity for clients who want protection from market volatility with a minimum interest rate guaranteed for the life of the contract.
- Pacific Frontiers® II, a single-premium, deferred fixed annuity for clients who want guaranteed interest rates for a specified time horizon.
Financial professionals interested in more information are invited to call Pacific Life's dedicated Pacific Life Producer Alliance toll-free number at (888) 200-4372 or visit the website at http://www.plproduceralliance.com/.
About Pacific Life
Offering insurance since 1868, Pacific Life provides a wide range of life insurance products, annuities, and mutual funds, and offers a variety of investment products and services to individuals, businesses, and pension plans. Pacific Life counts more than half of the 100 largest U.S. companies as its clients. For additional company information, including current financial strength ratings, visit the About Pacific Life section of this website.
Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. Client count as of May 2012 is compiled by Pacific Life using the 2012 FORTUNE 500® list.
Insurance products are issued by Pacific Life Insurance Company in all states except New York and in New York by Pacific Life & Annuity Company. Product availability and features may vary by state. Each company is solely responsible for the financial obligations accruing under the products it issues. Insurance product guarantees are backed by the financial strength and claims-paying ability of the issuing company.