Shield® Level Annuities


A Brighthouse Shield® Level Annuity is an index-linked annuity, which means it doesn’t invest directly in the markets. Instead, it offers growth opportunities by tracking the performance of a market index.

Can a Shield Level annuity be right for you?

Kristin shares why she chose a Shield annuity for her portfolio.

Diversify your retirement portfolio with a Shield Level annuity.
Protect retirement assets

A Brighthouse Shield Level Annuity provides a level of protection to help ensure that losses are limited when markets turn volatile.

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Participate in growth opportunities

With a Shield annuity, balance is built in. This means that even with a guaranteed level of protection, there are opportunities to take advantage of market growth.

Pay no annual fees

Unlike many financial products, there are no annual fees with a Shield annuity.1

How It Works

Your Shield annuity can be tailored to your needs by answering four questions:

1. What index or indices do you want to track?
Choose from three well-known market indices to track performance: S&P 500® Index (large cap), Russell 2000® Index (small cap), and the MSCI EAFE Index (international stocks).A,B,C

2. How much protection do you want?
A Shield annuity offers a built-in level of protection called the Shield Rate.2 This protects your assets from some of the losses that can derail a portfolio.

3. How much growth potential do you want?
Select the Cap Rate or Step Rate. The Cap Rate “caps” growth at a set percentage at the end of the term. The Step Rate credits a predetermined percentage of growth to your account at the end of the term – even if your selected index is flat.3

4. How long do you want to invest?
Select the term, which is how long you want to invest. At the end of each term, the index value at the beginning and end of the term will be compared – factoring in the level of protection as well as the Cap Rate or Step Rate – which will result in a new account value.

Shield Level annuities are worth exploring.

Take a look at our resources to learn how Shield annuities can help you reach your retirement goals.

Additional Information

Shield Annuity Rates
Get the current rates for all Shield annuity products here. Our rates generally update on the 1st and the 15th of each month.
Performance Lock Brochure
Our Performance Lock feature, which is available on Shield Options with a Cap Rate, allows you to lock positive index performance once during your term.4

Take the Next Step

Talk to your financial professional about whether a Shield Level annuity is right for you, or to learn more about purchasing this product.

Here are some questions to help you start the conversation:

  • 1. Does a Shield annuity fit my needs?
  • 2. What if I need to use the money for something else before my term is over?
  • 3. What percentage of my retirement assets should I invest in a Shield annuity?
  • 4. How have the indices a Shield annuity tracks performed in the past?
  • 5. Can I split my investment between more than one index?

Use the 360° Market Guide to better understand the market’s potential impact.

View Guide


This Brighthouse Financial product can only be purchased through a licensed financial professional.

Don’t have a financial professional? Learn more about working with a financial professional.

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Brighthouse Financial® is on a mission to help people achieve financial security.

Trusted by over 2 million customers and with 2 million annuity contracts and life insurance policies in force, Brighthouse Financial® is proud to be a FORTUNE® 500 company and one of the largest providers of annuities and life insurance in the U.S.5

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