1  PL Promise Conversion UL (Policy Form #P17LYCUL or ICC17 P17LYCUL, based on state of policy issue) is available upon conversion from PL Promise Term (Policy Form #P16LYT or ICC16. P16LYT and S16LYT 10, S16LYT 15, S16LYT 20, S16LYT 25, or S16LYT 30, based on level premium period chosen and state of policy issue).

2  Universal life insurance 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. Universal life insurance will incur monthly policy charges, which include cost of insurance charges, administrative charges, coverage charges, and any applicable rider charges. Additionally, a premium expense charge is deducted from each premium payment.

3  The Return of Premium Feature is offered through the Enhanced Surrender Value Rider (Form #R17LYESV or ICC17 R17LYESV, based on state of policy issue), which is included in policies meeting the rider's minimum premium requirement at no additional charge. The rider allows the policyowner to surrender the policy within 60 days after the 15th, 20th, or 25th policy anniversaries for the enhanced surrender value, which is the lesser of 35% of the death benefit or 50% of the total premiums paid in year 15, 75% of total premiums paid in year 20, or 100% total premiums paid in year 25.

4  To request a conversion, send the following 2 items to the Lynchburg Pacific Life operation center: Pacific Life Insurance Company, Attn: Life Insurance Division, P.O. Box 42001, Lynchburg, VA 24506. Our toll free number is (844) 276-0193. 1) Conversion Request Application, 2) Client-signed quote for PL Promise Conversion UL.

5. Issue of new PL Promise Conversion UL policy is guaranteed. No new underwriting required. Coverage guaranteed to age 85. Longer guarantee (to age 121) available with higher premiums. The No-Lapse guarantee, depending on how your client structures the policy, has a maximum duration of the insured's lifetime, subject to certain limits. If the 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 the policy is being maintained solely by the no-lapse guarantee, the policy will not build cash value. If policy loans or withdrawals are taken, additional premiums may be required to keep the no-lapse guarantee in force. The No-Lapse Guarantee Rider (form #R17LYFNL or ICC17 R17LYFNL, based on state of policy issue) is included in the policy at no additional charge.

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.

Life insurance is subject to underwriting and approval of the application.

This email may be considered advertising under applicable law

For Financial Professional Use Only. Not For Use With The Public.

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.

Pacific Life's Home Office is located in Newport Beach, CA.