Protective Indexed Choice℠ UL more competitive than ever with guaranteed death benefit
August 15, 2022
We’re committed to helping you maximize value by connecting as many people as possible to the protection they deserve. We’re excited to announce we've improved Protective Indexed Choice UL’s performance for guaranteed death benefit to age 90, adding more competitive premiums for customers’ protection needs.
We’ve also added a $500,000 face amount band, enhancing the product even more. With these changes, effective today, you'll be able to help even more people protect their goals — with strong guarantees and opportunities for cash value growth that's linked to market performance.
And with Protective Velocity, our suite of digital solutions, you can get them covered quicker and easier than ever.
Transition Rules:
- Applications must be signed and received on or before September 12, 2022.
- Any application in Underwriting on August 15, 2022, may choose the version of the product (old or new) but will retain the rates they are initially quoted unless otherwise requested up until the case has been approved.
Reach out to your representative today to see how we're helping customers achieve the protection they deserve.
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The tax treatment of life insurance is subject to change. Neither Protective Life nor its representatives offer legal or tax advice. Please consult with your legal or tax advisor regarding your individual situation before making any tax-related decisions.
All payments and all guarantees are subject to the claims-paying ability of Protective Life Insurance Company.
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