Pacific Life
Pacific Life provides a range of financial products and services, including annuities, life insurance, and pension solutions, with a strong emphasis on corporate social responsibility and sustainability.
Company Overview
Pacific Life has been in operation for over 150 years, offering a range of financial security products and services. With its home office located in Newport Beach, CA, the company dedicates itself to providing solutions for both individuals and institutions. Renowned for its longevity and stability, it has maintained a credit rating of 'A' or higher for 50 years according to AM Best.
Financial Solutions for Institutions
Pacific Life offers a variety of solutions tailored for institutional clients. These include pension risk-transfer solutions, such as buy-in, buy-out, and insured liability-driven investing (LDI). The company also specializes in commercial mortgage investments and equity and alternative real estate investments. Their robust offerings help institutions manage and mitigate financial risks effectively.
Life Insurance Products
Pacific Life provides a comprehensive range of life insurance products designed to meet various client needs. These include variable universal life insurance, indexed universal life insurance, term life insurance, and universal life insurance. These products offer clients the security and flexibility required for long-term financial planning.
Annuities and Structured Settlements
Pacific Life offers a wide range of annuity products such as variable annuities, fixed indexed annuities, fixed annuities, immediate annuities, and deferred income annuities. Additionally, the company provides structured settlement annuities that deliver tax-free, periodic payments over a specified period, aiding in long-term financial stability.
Corporate Social Responsibility
Pacific Life has a strong focus on corporate social responsibility, particularly in environmental stewardship and community engagement. The company has been named one of America’s 50 Most Community-Minded Companies by Points of Light for three consecutive years. They also issued an $800 million sustainability bond to further their commitment to sustainable and socially responsible practices.