A variable universal life (VUL) insurance policy is primarily purchased to provide death benefit protection. Additionally, owning a policy requires decisions about allocating your policy cash values among the product's variable and fixed investment options. Every investment involves some level of risk for the opportunity to earn a greater return. Finding the right balance between them is critical.

Risk Reward Spectrum & Morningstar Fact Sheets

With its variable life insurance products, Pacific Life offers a broad range of investment options. In the chart below, the variable investment options shown near the top may provide you with the potential reward of greater returns, if you are willing to take on additional risk. When evaluating these investment options, you and your financial professional* should select your investment options based on your unique investment objectives, financial circumstances, and willingness to tolerate risk. 

The investment options within each subcategory are listed alphabetically and do not illustrate a continuum of risk/reward. Generally, portfolios of fixed income securities are less aggressive than portfolios of equity securities. While fixed income portfolios tend to be less aggressive, they still carry a variety of risks, and some will have more risks than others.

All investing involves risk, including the possible loss of the principal amount invested. The value of the variable investment options will fluctuate so that shares, when redeemed, may be worth more or less than the original cost. Please see the fund prospectuses for detailed descriptions of investment risks.

Not all funds and fund share classes listed below are avalaible in all VUL insurance products. Please refer to your VUL insurance product prospectuses for the applicable funds and share classes.

Click on each fund name to access its corresponding Morningstar Fact Sheet.

*In order to sell life insurance, a financial professional must be a properly licensed and appointed life insurance producer.

Pacific Life Insurance Company's variable universal life insurance products offer a wide variety of variable investment options. Each variable investment option invests in a corresponding portfolio of the American Century Variable Portfolios, Inc., American Funds Insurance Series®, BlackRock® Variable Series Funds, Inc., DFA Investment Dimensions Group Inc., Fidelity® Variable Insurance Products Funds, Franklin Templeton Variable Insurance Products Trust, Invesco Variable Insurance Funds,  Janus Aspen Series, Lazard Retirement Series, Inc., Legg Mason Partners Variable Equity Trust, Lord Abbett Series Fund, Inc., MFS® Variable Insurance Trust, M Fund Inc., Neuberger Berman Advisers Management Trust, Pacific Select Fund, PIMCO Variable Insurance Trust, T. Rowe Price Equity Series, Inc., VanEck VIP Trust, or Vanguard Variable Insurance Fund.

Pacific Life Fund Advisors LLC (PLFA) is the investment adviser to the Pacific Select Fund (PSF) and the manager of certain PSF portfolios.

American Century Investment Services, Inc., American Funds Distributors, Inc., BlackRock Investments, LLC, DFA Securities, LLC, Fidelity Distributors Corporation, Franklin Templeton Distributors, Inc., Invesco Distributors, Inc., Janus Distributors LLC, Lazard Asset Management Securities LLC, Legg Mason Investor Services, LLC, Lord Abbett Distributor LLC, M Financial Group, M Holdings Securities, Inc., MFS Fund Distributors, Inc., Neuberger Berman BD LLC, PIMCO Investments LLC, T. Rowe Price Investment Services, Inc., Van Eck Securities Corporation, and Vanguard Marketing Corporation, Inc., and the products each distributes, are not affiliated with Pacific Life and Pacific Select Distributors, LLC.

Although some funds may have names of investment goals/objectives that resemble retail mutual funds managed by the fund managers, these funds will not have the same underlying holdings or performance as the retail mutual funds. 
 

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.

You should carefully consider a variable life insurance product’s risks, charges, limitations, and expenses, as well as the risks, charges, expenses and investment goals/objectives of the underlying investment options. This and other information about Pacific Life insurance products are provided in the applicable product and underlying fund prospectuses which are available from your life insurance producer or by clicking here. Read them carefully before investing or sending money.

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, but they do not protect the value of the variable investment options. 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. Variable insurance products and shares of the Pacific Select Funds are distributed by Pacific Select Distributors, LLC (member FINRA & SIPC), a subsidiary of Pacific Life Insurance Company, and an affiliate of Pacific Life & Annuity Company, and are available through licensed third-party broker-dealers.

All American Funds trademarks referenced in this publication are registered trademarks owned by American Funds Distributors, Inc.

BlackRock is a registered trademark of BlackRock, Inc. All other trademarks are the property of their respective owners.

Fidelity and Contrafund are registered trademarks of FMR LLC.

Janus is a registered trademark of Janus International Holding LLC.

MFS is a registered trademark of Massachusetts Financial Services Company.

Main Street is a registered trademark of Invesco Holding Company (US), Inc. or an affiliated company.

Morningstar is not an affiliated company of Pacific Life or Pacific Select Distributors, LLC.

The Russell 2000 Index and Russell 2000 Value Index (together, the “Indexes”) are calculated by Russell or its agent, are trademarks of Frank Russell Company (“Russell”), and have been licensed for use by Pacific Select Fund. Neither Russell nor the London Stock Exchange Group companies (together the “Licensor Parties”) sponsor, endorse, sell or promote any portfolios of PSF, the content of this communication, or make any claim, prediction, warranty or representation whatsoever, expressly or impliedly, either as to (i) the results to be obtained from the use of the Indexes, or (ii) the suitability of the Indexes for the purpose to which they are being put. The Licensor Parties do not and will not provide any financial or investment advice or recommendation in relation to the Index to PSF or its clients. The Licensor Parties do not accept any liability to any person for any errors or omissions in the Russell Indexes and are under no obligation to advise any person of any error therein.

Pacific Life is located in Newport Beach, CA.

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