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Pacific Life Introduces New Indexed Universal Life Insurance Product

Pacific Discovery Protector IUL Designed as Protection-Focused, Cash Value Policy


ALISO VIEJO, Calif. – Feb. 20, 2018 – Pacific Life announced the launch of Pacific Discovery Protector IUL,1 Indexed Universal Life (IUL) insurance designed for long-term life insurance protection, competitively priced premiums, and the simplicity of no-lapse guarantees.2

“The marketplace responded with unprecedented enthusiasm to the innovative design of Pacific Discovery Xelerator IUL,3 our accumulation-based IUL, in 2017,” said Stephan Mitchell, assistant vice president of product marketing for the Life Insurance Division at Pacific Life. “This year, we’re proud to apply a similar design to a protection-focused product.”

Pacific Discovery Protector IUL offers competitive lifetime level premiums and no-lapse guarantees typically to or beyond average life expectancy, providing another financial tool for the high-net-worth seeking efficient wealth transfer.

Life insurance producers seeking to help affluent clients with wealth transfer can learn more about Pacific Discovery Protector IUL at:

For affluent clients seeking death benefit protection with top-tier distribution potential, life insurance producers can learn more about the accumulation focus of Pacific Discovery Xelerator IUL at:

For more information about the Pacific Discovery Series of IUL products, please visit:

About Pacific Life

Celebrating 150 years of service in 2018, 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 To explore the heritage of Pacific Life and learn more about our history, visit

Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. Client count as of June 2017, is compiled by Pacific Life using the 2017 FORTUNE 500® list.

1 Pacific Life Insurance Company’s Pacific Discovery Protector IUL (policy form #P15IUL and S17PDP or ICC15 P15IUL and ICC17 S17PDP, based on state of policy issue) is flexible premium indexed universal life insurance.

2 The No‐Lapse Guarantee Rider (Form #R17FNL, S17FNL or ICC17 R17FNL, ICC17 S17FNL, based on state of policy issue), depending on how you structure your policy, has a maximum duration of the 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. Riders will likely incur additional charges and are subject to availability, restrictions and limitations. Clients should be shown policy illustrations with and without riders to help show the rider’s impact on the policy’s values.

3 Pacific Life Insurance Company’s Pacific Discovery Xelerator IUL (policy form #P15IUL and S16PDX or ICC15 P15IUL and ICC16 S16PDX, based on state of policy issue) is flexible premium indexed universal life insurance.

Indexed Universal Life Insurance products do not directly participate in any stock or equity investments. IUL 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 Life insurance is subject to underwriting and approval of the application and will incur monthly policy charges.

Pacific Life reserves the right to change or modify any non‐guaranteed or current elements. The right to modify these elements is not limited to a specific time or reason.

Pacific Life is a product provider. It is not a fiduciary and therefore does not give advice or make recommendations regarding insurance or investment products.


Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company.  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 insurance company is solely responsible for the financial obligations accruing under the products it issues.  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.

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