Offering the best term price to your clients is key. Now, you can offer a lower price AND additional features with our newly repriced Protective Classic Choice term in New York.
Help clients prepare more confidently for what’s ahead with our IUL solution
In today’s world, planning for the unexpected has never been more important. Make sure you’re recommending an IUL policy that can be paired with chronic illness coverage to help your clients prepare more confidently for what’s ahead.
Protective® Classic Choice term has even lower rates and higher maximum issue ages
Starting January 11, 2021, Protective® Classic Choice term will have even lower rates while providing several enhancements available to even more clients.
Updated ExtendCareSM per diem
The per diem limit for chronic death benefit riders will increase to $400/day beginning in 2020.
Our IUL delivers more value in $500,000 scenarios
Did you know that the average face amount of IUL policies sold in 2019 was $500,000?1 That means that while your go-to IUL solution may play well in large case scenarios — it may not be the best fit for your client.
Recent enhancements to our ExtendCareSM rider
Offer clients an even stronger life insurance solution with a powerful combination of a Protective Life UL and ExtendCare. We have redefined the expectation of loss of Activities of Daily Living down to 90 days instead of 12 months, allowing your clients to address the financial burden a chronic illness could cause more quickly.
Show clients what a difference 14 years can make
We recently enhanced the Policy Value Credit on the Protective® Strategic Objectives II VUL to offer your clients 14 more years of cash value accumulation potential. That means additional cash value potential for their retirement plans while also providing a death benefit to help ensure financial security for their loved ones.
Protective® Executive UL is built for the executive benefits market
Our newest product – Protective Executive UL – provides a group term carve-out solution that expands your reach to the executive benefits market.
New Pricing Available for Protective® Classic Choice Term
We’ve repriced Protective® Classic Choice term to have new lower rates in multiple cells, putting it in the Top 3 or better 96% of the time in monthly pay scenarios and in the Top 3 91% of the time in annual pay scenarios.* These new rates went into effect September 21, 2020.
Use Our Enhanced EZ-AppSM to Submit More Protective Life Products
At Protective Life, we’re continuously looking for ways to improve and streamline the application process. There are currently two versions of our EZ-AppSM electronic application — the original version and the enhanced version. We have decided to consolidate both versions into one, making it a one-stop shop for all core UL and term life insurance applications.