| Feature | Shield Level Select | Standard Index Annuity | Variable Annuity | |---------|--------------------|------------------------|------------------| | Downside protection | Partial (10–30%) | Often 0–10% | None | | Upside cap | Yes (e.g., 40% over 6 yrs) | Yes, often lower | No cap | | Fee transparency | Embedded in cap | Embedded | Explicit (~2-3%) | | Liquidity | Poor (surrender charges) | Poor | Better (but with fees) |
The prospectus will list these prominently (read the “Risk Factors” section): brighthouse shield level select prospectus
The core component of the plan covered the repair or replacement of the hired goods in the event of: | Feature | Shield Level Select | Standard