Protective Life is committed to serving our customers and providing valuable products. Due to the current interest rate environment, and particularly the decrease in yields over the past few weeks we find it necessary to implement new premium limits for certain products.

There’s a lot at stake when helping clients prepare for retirement — especially if systematic withdrawals are part of their plans. A poor sequence of returns early in retirement can hit clients’ portfolios without warning and weaken their ability to fund the next 20 or 30 years of their lives.

We have recently updated our Pending Business website to help our distribution partners efficiently and effectively manage their business. We want to make sure we keep our partners updated on the latest developments in their pending business.

As a reminder, the new Suitability and Best Interests in Life Insurance and Annuity Transactions regulation, formerly known as “New York Insurance Regulation 187”, goes into effect for life insurance February 1, 2020. Product-specific training is required prior to the solicitation or sale of Protective Life and Annuity Insurance Company’s products.

Don’t forget! The Internal Revenue Service (IRS) recently announced upcoming changes to the per diem limitations for periodic payments received under qualified long-term care insurance policies and certain life insurance policies which offer accelerated death benefits for chronic illness care.

At Protective, we want to make sure that clients are informed as much as possible. That’s why we recently launched a self-service claims page where clients can check the status of their claims at any time.

The Internal Revenue Service (IRS) recently announced upcoming changes to the per diem limitations for periodic payments received under qualified long-term care insurance policies and certain life insurance policies which offer accelerated death benefits for chronic illness care.

Don’t forget! The new Suitability and Best Interests in Life Insurance and Annuity Transactions regulation, formerly known as “New York Insurance Regulation 187,” goes into effect for life insurance February 1, 2020.

At Protective Life, delivering what’s promised is a decision — one we make every day — and doing the right thing is the foundation of everything we do. Therefore, we want to inform you about a key change in the state of Oklahoma. Effective November 1, 2019, Oklahoma revised their Appointment of Producer Licensing Act (36 Ok St. Ann 1435.15) to make pre-appointment required for all agents selling life and annuity business.

Protective Life is dedicated to providing quality service, building trust and simplifying everything for you and our mutual customers. As part of that effort, we want to ensure that you stay informed about important changes that impact the processing of your business. Please review the following information regarding enhancements to Protective Life’s Annuity Suitability Program.