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  • Written By
    Jennifer Schell

    Jennifer Schell

    Financial Writer

    Jennifer Schell is a professional writer focused on demystifying annuities and other financial topics including banking, financial advising and insurance. She is proud to be a member of the National Association for Fixed Annuities (NAFA) as well as the National Association of Insurance and Financial Advisors (NAIFA).

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  • Edited By
    Savannah Pittle
    Savannah Pittle, senior financial editor for

    Savannah Pittle

    Senior Financial Editor

    Savannah Pittle is an accomplished writer, editor and content marketer. She joined as a financial editor in 2021 and uses her passion for educating readers on complex topics to guide visitors toward the path of financial literacy.

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  • Financially Reviewed By
    Thomas J. Brock, CFA®, CPA
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    Thomas J. Brock, CFA®, CPA

    Investment, Corporate Finance and Accounting Expert

    Thomas Brock, CFA®, CPA, is a financial professional with over 20 years of experience in investments, corporate finance and accounting. He currently oversees the investment operation for a $4 billion super-regional insurance carrier.

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  • Updated: July 6, 2023
  • 5 min read time
  • This page features 15 Cited Research Articles
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Cite Us
How to Cite's Article

APA Schell, J. (2023, July 6). Pacific Life. Retrieved June 22, 2024, from

MLA Schell, Jennifer. "Pacific Life.", 6 Jul 2023,

Chicago Schell, Jennifer. "Pacific Life." Last modified July 6, 2023.

Why Trust
Why You Can Trust has provided reliable, accurate financial information to consumers since 2013. We adhere to ethical journalism practices, including presenting honest, unbiased information that follows Associated Press style guidelines and reporting facts from reliable, attributed sources. Our objective is to deliver the most comprehensive explanation of annuities and financial literacy topics using plain, straightforward language.

Our Partnerships, Vision and Goals

We pride ourselves on partnering with professionals like those from Senior Market Sales (SMS) — a market leader with over 30 years of experience in the insurance industry — who offer personalized retirement solutions for consumers across the country. Our relationships with partners including SMS and Insuractive, the company’s consumer-facing branch, allow us to facilitate the sale of annuities and other retirement-oriented financial products to consumers who are looking to purchase safe and reliable solutions to fill gaps in their retirement income. We are compensated when we produce legitimate inquiries, and that compensation helps make an even stronger resource for our audience. We may also, at times, sell lead data to partners in our network in order to best connect consumers to the information they request. Readers are in no way obligated to use our partners’ services to access the free resources on carefully selects partners who share a common goal of educating consumers and helping them select the most appropriate product for their unique financial and lifestyle goals. Our network of advisors will never recommend products that are not right for the consumer, nor will Additionally, operates independently of its partners and has complete editorial control over the information we publish.

Our vision is to provide users with the highest quality information possible about their financial options and empower them to make informed decisions based on their unique needs.

Key Takeaways

  • Pacific Life is one of the oldest annuity and life insurance providers in the United States, with 150 years of experience. 
  • Pacific Life offers a broad range of innovative annuity products under fixed, variable, fixed index, immediate and deferred annuities. 
  • The company was named multiple times as one of the “World’s Most Ethical Companies” by the Ethisphere Institute, including in 2023.

About Pacific Life

Pacific Life Insurance Company is a U.S.-based Fortune 500 company that sells insurance and investments. It was founded in 1868 in Sacramento, California. 

The company sells multiple insurance products, including life insurance, structured settlements, annuities and other investments

With 150 years of experience, Pacific Life has a long history of successful, customer-centric service. It has been consistently praised by rating agencies and has garnered numerous awards, including recognition as one of the “World’s Most Ethical Companies” by the Ethisphere Institute in 2023. 


If you have an existing policy with Pacific Life, you can contact them at the following number with any questions about your annuity:  1 (800) 722-4448

Source: Pacific Life 

Credit Ratings

Pacific Life prides itself on its 150 years of innovation, excellence and growth. It has 970,000 in-force members and paid out $15 billion in benefits in 2022. It also holds $199 billion in assets and is No. 266 out of 500 U.S. companies based on gross revenue. Pacific Life enjoys strong ratings from several rating agencies, as shown below.

Rater Rating
AM Best A+ (Superior)
Fitch AA- (Very Strong)
Moody’s Aa3 (Excellent)
S&P Global AAA (Very Strong)
Source: AM Best, Moody’s, Fitch and S&P Ratings

Pacific Life Annuity Products

Pacific Life offers many types of annuities to help clients meet financial goals, including fixed annuities, variable annuities, immediate annuities, fixed index annuities and deferred annuities. These annuities are tailored to help fulfill income protection and accumulation, wealth transfer and end-of-life goals. Which annuity investment is the right one for you depends on your current needs, preferences and long-term financial objectives. A financial advisor can assess your situation and recommend a particular product and strategy. 

Variable Annuities

Pacific Life variable annuities offer high tax-deferred growth potential, but they also carry the greatest risk because investment performance is market-based. Still, a variable annuity supplies reliable, lifetime monthly income for your envisioned retirement. It also gives financial protection to loved ones through a death benefit. 

Variable annuities offered by Pacific Life:

Indexed Annuities 

Indexed annuities, or fixed index annuities, from Pacific Life offer growth potential without the down-market risk. They protect your principal investment while looking for growth through the S&P 500 Index. You can also defer any taxes until you’re ready to take money out of the investment in return for a lifetime of reliable monthly income.  It also provides protection for loved ones through a death benefit. However, this product is not available in New York.

Fixed index annuities offered by Pacific Life:

Fixed Annuities 

Pacific Life’s fixed annuity products protect your principal amount while offering steady growth based on a fixed interest rate. A fixed annuity also grows tax-deferred until you take your earnings – meaning you can grow your earnings at an even faster rate.  

Fixed annuities offered by Pacific Life:

Immediate Annuities 

Pacific Life’s immediate annuity provides reliable income immediately or within a year of purchase – allowing you to tailor income to match your needs. This type of annuity can be used to supplement forms of guaranteed income, such as Social Security. 

Immediate annuities offered by Pacific Life:

Deferred Annuities 

The deferred income annuity from Pacific Life gives a steady stream of income that starts on a future date of your choosing. You can set the amount of your scheduled payment — and when it starts — based on your financial needs. Similar to other annuities, it has a death benefit for your chosen beneficiaries.

Deferred annuities offered by Pacific Life

Annuity rates on a phone

Purchase an Annuity Today

Learn how an investment today can provide guaranteed income for life.

Client Resources

Pacific Life annuity owners can call a toll-free phone number for information about their investment or account at 800-722-4448. (New York clients and nonowners should call (800) 748-6907).

Existing annuity contract owners also have access to a client portal with convenient self-service options. There are two separate annuity client login pages — one for those who bought a contract through an annuity provider, and another for those who earned a pension through an employer. Choose the annuity client login rather than the pension plan annuity client login. 


If you have an annuity with Pacific Life, you can log into your account at Pacific Life’s Policyholder Login Portal

About has provided reliable, accurate and trustworthy financial information to readers since 2013. We partner with professionals like those from Senior Market Sales (SMS), a market leader with over 30 years of experience in the insurance industry, to offer personalized retirement solutions for consumers across the country.

Any information offered about the company above is provided free of charge and individual product offerings are verified and accurate as of publication.

Our partners work with the provider companies mentioned on our site. However, is not a service provider. Actual products, terms and rates offered through the above company are subject to in-state availability and a variety of other factors. Visit the Our Partners page for additional information.

Editor Malori Malone contributed to this article.

Please seek the advice of a qualified professional before making financial decisions.
Last Modified: July 6, 2023

15 Cited Research Articles writers adhere to strict sourcing guidelines and use only credible sources of information, including authoritative financial publications, academic organizations, peer-reviewed journals, highly regarded nonprofit organizations, government reports, court records and interviews with qualified experts. You can read more about our commitment to accuracy, fairness and transparency in our editorial guidelines.

  1. Fitch Ratings. (2023, February 27). Fitch Affirms and Withdraws Pacific Life Re Limited's IFS Rating. Retrieved from
  2. Pacific Life. (2023, February 22). S&P Global Ratings. Retrieved from
  3. Schwarz, A. (2023, February 15). America’s Best Midsize Employers. Retrieved from
  4. Pacific Life. (2023). It's Knowing You'll Have the Income You Need, When You Need It the Most. Retrieved from
  5. Pacific Life. (2023). Variable Annuities. Retrieved from
  6. Pacific Life. (2023). Fixed-Indexed Annuities. Retrieved from
  7. Pacific Life. (2023). Fixed Annuities. Retrieved from
  8. Pacific Life. (2023). Immediate Annuities. Retrieved from
  9. Pacific Life. (2023). Deferred Annuities. Retrieved from
  10. Danise, A. (2022, January 11). Best Life Insurance Companies of 2022. Retrieved from
  11. Pacific Life. (2022.). More Than 150 Years of Strength and Stability. Retrieved from
  12. AM Best. (n.d). Pacific Life Insurance Company. Retrieved from
  13. Pacific Life. (n.d.). Contact Us. Retrieved from
  14. Pacific Life. (n.d.). Customer Service. Retrieved from,for%20NY%2C%20or%20email%20us.
  15. Pacific Life. (n.d.). Annuity Client Logins. Retrieved from