Initial caps and rates are set at contract issue and are guaranteed for one contract year. The initial interest rates and caps are based on the length of the Initial Option Period and the total of all purchase payments received, minus withdrawals taken during the first year. After the first contract year rates may change and renewal caps and rates will be declared. Allowable advisory fee withdrawals will not reduce the Index Term Value used to determine the Index-Linked Interest that may be credited at the end of the index term.

Additional purchase payments are permitted within the first 60 days of contract issue. Interest will be credited proportionally based on the index return from the time the additional purchase payment is received to the end of the index term. This period may be less than the time frames listed above.

For the Fixed Account Option, interest will be credited daily at a rate that compounds over the course of one year to the annualized effective interest rate, assuming no withdrawals.

The Guaranteed Minimum Surrender Value (GMSV) applies to contracts upon full surrender, annuitization, or death. The GMSV is equal to 91% of purchase payments (minus any withdrawals including withdrawals for advisory fees), accumulated at a fixed interest rate.

¹The breakpoint determines the fixed and declared interest rates and the cap applied to the contract value at the end of the first year. The breakpoint is based on the total purchase payment received (minus withdrawals in the first year).

²A cap applies to the Point-to-Point Option and is the maximum amount of interest that can be earned for the index term if the return is positive and exceeds the cap. The rate is the interest rate that will be earned on the Performance Triggered Index Option if the index return is flat or positive.

³Guaranteed rates and caps will never be set below the minimum stated in the contract. Pacific Life determines, at its discretion, guaranteed rates and caps in excess of the stated minimum guarantee in the contract.

For more information, refer to the Contract Summary. A fixed indexed annuity is not a security and does not participate directly in the stock market or any index, so it is not an investment.

The Product and its MSCI EAFE^® Index-Linked Options referred to herein are not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such Products or any index on which such Products are based. The Policy Contract contains a more detailed description of the limited relationship MSCI has with Pacific Life Insurance Company and any related products.

The "S&P 500^® index" is a product of S&P Dow Jones Indices LLC or its affiliates ("SPDJI"), and has been licensed for use by Pacific Life Insurance Company. Standard & Poor's^® and S&P^® are registered trademarks of Standard & Poor's Financial Services LLC ("S&P"); Dow Jones^® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"). Pacific Life's product is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500^® index.

The indexes are not available for direct investment, and index performance does not include the reinvestment of dividends.

Pacific Advisory Fixed Indexed Annuity is named "Individual Limited Premium Deferred Fixed Annuity Contract with Indexed-Linked Interest Options," in the contract.

Pacific Advisory Fixed Indexed Annuity is not available in New York.

Pacific Life, its affiliates, their distributors, and respective representatives do not provide tax, accounting, or legal advice. Any taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor or attorney.

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.

Fixed annuities are long-term contracts designed for retirement. Guarantees, including interest rates and income payments, are backed by the claims-paying ability and financial strength of the issuing company. Not all products are available in all states or at all firms.

Annuity withdrawals and other distributions of taxable amounts, including death benefit payouts, will be subject to ordinary income tax. For nonqualified contracts, an additional 3.8% federal tax may apply on net investment income. If withdrawals and other distributions are taken prior to age 59½, an additional 10% federal tax may apply. A market value adjustment (MVA) also may apply. Withdrawals will reduce the contract value and the value of the death benefits, and may reduce the value of any optional benefits.

Under current law, a nonqualified annuity that is owned by an individual is generally entitled to tax deferral. IRAs and qualified plans—such as 401(k)s and 403(b)s—are already tax deferred. Therefore, a deferred annuity should be used only to fund an IRA or qualified plan to benefit from the annuity's features other than tax deferral. These include lifetime income and death benefit options.

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 product and rider guarantees, including optional benefits and any fixed crediting rates or annuity payout rates, are backed by the financial strength and claims-paying ability of the issuing insurance company. They are not backed by the independent third party from which this annuity is purchased, including the broker/dealer, by the insurance agency from which this annuity is purchased, or any affiliates of those entities, and none makes any representations or guarantees regarding the claims-paying ability of the issuing insurance company.

Initial caps and rates are set at contract issue and are guaranteed for the length of the initial guaranteed period. The initial guaranteed period corresponds with the length of the withdrawal charge period. Interest rates and caps are based on the length of the withdrawal charge period and the total of all purchase payments received, minus withdrawals taken during the first year. After the initial guaranteed period, rates may change and renewal caps and rates will be declared.

Additional purchase payments are permitted within the first 60 days of contract issue. Interest will be credited proportionally based on the index return from the time the additional purchase payment is received to the end of the index term. This period may be less than the time frames listed above.

All withdrawal charge periods may not be available at all times, at all broker/dealers, or in all states.

For the Fixed Account Option, interest will be credited daily at a rate that compounds over the course of one year to the annualized effective interest rate, assuming no withdrawals.

Guaranteed Minimum Surrender Value
Even if your selected index or indexes have negative returns and your contract value earns no interest, you are still guaranteed growth in certain situations with the Guaranteed Minimum Surrender Value (GMSV). If you make a full withdrawal (surrender) of your contract value, or upon death or annuitization, you will receive at least 91% of your total purchase payments, minus withdrawals and applicable withdrawal charges, accumulated at annually. The Guaranteed Minimum Surrender Value applies for the life of the contract.

¹The breakpoint determines the interest rate credited and is based on the total purchase payment received (minus withdrawals and applicable withdrawal charges) in the first year.

²A cap applies to the Point-to-Point Option and is the maximum amount of interest that can be earned for the index term if the return is positive and exceeds the cap. The rate is the interest rate that will b1e earned on the Performance Triggered Index Option if the index return is flat or positive.

³For the Point-to-Point Option and the Performance-Triggered Index Option, the index term is one year.

⁴Guaranteed rates and caps will never be set below the minimum stated in the contract. Pacific Life determines, at its discretion, guaranteed rates and caps in excess of the stated minimum guarantee in the contract.

For more information, refer to the Contract Summary. A fixed indexed annuity is not a security and does not participate directly in the stock market or any
index, so it is not an investment.

The Product and its MSCI EAFE^® Index-Linked Options referred to herein are not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such Products or any index on which such Products are based. The Policy Contract contains a more detailed description of the limited relationship MSCI has with Pacific Life Insurance Company and any related products.

The S&P 500 index is a product of S&P Dow Jones Indices LLC (“SPDJI”), and has been licensed for use by Pacific Life Insurance Company. Standard & Poor’s^®, S&P^®, and S&P 500^® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow Jones^® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Pacific Life. Pacific Life’s product is not sponsored, endorsed, sold, or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s), nor do they have any liability for any errors, omissions, or interruptions of the S&P 500 index.

The indexes are not available for direct investment, and index performance does not include the reinvestment of dividends.

Pacific Index Advisory is named “Limited Premium Deferred Fixed Annuity Contract with Index-Linked Interest Options,” in the contract.

Pacific Index Advisory is not available in New York.

Annuity withdrawals and other distributions of taxable amounts, including death benefit payouts, will be subject to ordinary income tax. For nonqualified contracts, an additional 3.8% federal tax may apply on net investment income. If withdrawals and other distributions are taken prior to age 59½, an additional 10% federal tax may apply. A withdrawal charge and a market value adjustment (MVA) also may apply. Withdrawals will reduce the contract value and the value of the death benefits, and may reduce the value of any optional benefits.

Pacific Harbor is not available in New York.

The guaranteed minimum interest rate is 1.70% per year.

The interest rate credited on the initial purchase payment is guaranteed for the term selected. The annuity purchase payment earns a guaranteed declared interest rate for the initial term. After the initial guarantee term expires, a new interest rate will be declared on each contract anniversary and will be guaranteed for one contract year. Interest will be credited daily at a rate that compounds over the course of one year to the annualized effective interest rate, assuming no withdrawals.

No guaranteed rate will ever be set below the minimum stated in the contract. Pacific Life determines, at its discretion, annual interest rates in excess of the minimum guaranteed in the contract.

The Guaranteed Minimum Surrender Value (GMSV) applies to contracts upon full surrender, annuitization, or death. The GMSV is equal to 87.5% of purchase payments (minus any withdrawals), accumulated at a fixed interest rate.

For more information, refer to the Contract Summary. Pacific Harbor is named “Individual Limited Premium Deferred Annuity Contract with Market Value Adjustment Feature,” in the contract.

Annuity withdrawals and other distributions of taxable amounts, including death benefit payouts, will be subject to ordinary income tax. For nonqualified contracts, an additional 3.8% federal tax may apply on net investment income. If withdrawals and other distributions are taken prior to age 59½, an additional 10% federal tax may apply. A withdrawal charge also may apply. Withdrawals will reduce the contract value and the value of the death benefits, and may reduce the value of any optional benefits.