Business Details
Trusted Life Insurance and Retirement Solutions in Phoenix, AZ
Pacific Life has been a trusted leader in the financial services industry for nearly 160 years, specializing in life insurance, annuities, and retirement solutions. Our commitment to financial strength and stability is reflected in our consistently high ratings from major independent agencies, including AM Best, Fitch, Moody's, and S&P Global. We offer a diverse range of products designed to meet personal, employer, and institutional needs, including variable and fixed annuities, universal life insurance, and employee benefits programs.Our expertise in pension de-risking and strategic retirement planning positions us as a preferred partner for large organizations seeking tailored solutions. With a mutual holding company structure, we prioritize long-term value for policyholders and maintain over $238 billion in company assets. Our corporate social responsibility initiatives focus on environmental stewardship, community engagement, and sustainable investing, demonstrating our commitment to creating a meaningful future for all stakeholders.
Services
Variable Annuities
Fixed Indexed Annuities
Term Life Insurance
Universal Life Insurance
Employee Benefits
Retirement Solutions
Pension Risk Transfer
Indexed Universal Life
Deferred Income Annuities
Workforce Benefits
Highlights and features
- We have nearly 160 years of experience in delivering financial security solutions
- Our products maintain top industry ratings from AM Best, Fitch, Moody's, and S&P Global
- We offer a comprehensive portfolio of life insurance and retirement products
- We received the 2024 Best Term Life Insurance Company award from Forbes Advisor
- Our mutual holding company structure prioritizes long-term value for policyholders
Associations and certifications
- AM Best
Services
Variable Annuities
Pacific Life variable annuities offer long-term retirement investments with diverse fund options and tax deferral benefits. These products allow clients to grow savings through market-linked performance while maintaining access to guaranteed income options. Our solutions include death benefits and flexible withdrawal strategies for retirement planning.
Term Life Insurance
Our term life insurance provides affordable death benefit protection for specified periods, helping families and businesses maintain financial security. Policies offer customizable coverage amounts and terms with competitive premiums, including options for renewable and convertible terms to adapt to changing needs.
Workforce Benefits
Pacific Life Workforce Benefits delivers integrated group benefits solutions including dental, vision, and financial protection products. Our platform simplifies administration for employers while providing employees with accessible, high-quality coverage options through a unified experience from quotes to claims.
Pension Risk Transfer
As a leader in pension de-risking since 1941, we help institutions manage defined benefit obligations through buy-out and buy-in solutions. Our expertise reduces financial risk exposure while ensuring retirement security for plan participants with best-in-class client service.
Fixed Indexed Annuities
These annuities protect principal while offering growth potential linked to market indices like the S&P 500. Clients receive guaranteed minimum returns and lifetime income options, combining market participation with downside protection for retirement savings.
People
Darryl Button
President and Chief Executive Officer
Darryl Button leads Pacific Life with over 25 years of financial services experience, focusing on strategic growth and customer-centric innovation while maintaining the company's 160-year legacy of financial strength.
Mariann Byerwalter
Chair, Board of Directors
Mariann Byerwalter brings extensive governance experience as former CFO of Stanford University, guiding Pacific Life's board with expertise in financial stewardship and organizational leadership.
Vibhu Sharma
Chief Financial Officer
Vibhu Sharma oversees financial strategy and reporting, leveraging deep insurance industry expertise to maintain Pacific Life's strong capital position and investment-grade credit ratings.
Brian Woolfolk
Executive Vice President, Institutional
Brian Woolfolk leads institutional business development, specializing in pension risk transfer solutions with over 20 years of experience in structured financial products and retirement services.
Dawn Behnke
Executive Vice President, Consumer Markets
Dawn Behnke directs consumer market strategies, focusing on innovative product development and distribution channels to enhance Pacific Life's individual insurance and annuity offerings.
Questions
What types of annuities does Pacific Life offer?
Pacific Life provides variable annuities, fixed indexed annuities, immediate annuities, and deferred income annuities designed to meet diverse retirement income needs.
What life insurance products are available?
We offer term life insurance, universal life insurance, variable universal life insurance, and indexed universal life insurance policies with flexible coverage options.
Do you provide employer-sponsored benefits?
Yes, our Workforce Benefits program includes dental, vision, and financial protection benefits available through employer partnerships.
What retirement solutions exist for institutions?
We specialize in pension risk transfer, defined benefit plan management, and customized institutional retirement solutions with $238 billion in assets.
How does Pacific Life support corporate responsibility?
Our CSR initiatives focus on ocean conservation, community grants exceeding $159 million since 1984, and sustainable investing in underserved communities.
What financial ratings does Pacific Life hold?
We maintain A+ (Superior) from AM Best, AA- (Very Strong) from Fitch and S&P, and Aa3 (Excellent) from Moody's as of 2024.
