On August 12, 2019, we repriced Protective® Classic Choice Term to be even more competitive with an average 1% premium decrease.1 And no matter which way you quote Classic Choice Term – in monthly or annual pay scenarios – Protective lands on top with our market-leading rates:
- Top three – or better – 89% of the time in annual pay scenarios.2
- Top three – or better – 93% of the time in monthly pay scenarios.2
Now, you can offer Protective’s dependable term coverage — with competitive monthly and annual rates — at an even lower price. And your clients can receive their coverage even faster, all thanks to our Protective Life Underwriting Solution (PLUS).
- For ticket business and direct writers (not including NY): applications must be signed and received on or before Monday, September 9 to receive current rates.
- For paper business: applications must be signed and received on or before Monday, August 26 to receive current rates.
- Any application in underwriting on August 12 may choose between the old and new version of the product, but will retain the rates they are initially quoted unless otherwise requested until the case has been approved.
For more information about our Protective Classic Choice Term product, or any of our other products, please contact your Protective Life representative.
Let’s deliver on our promises. Together.