In our commitment to deliver value to our policyholders, we review our product portfolio from time to time and make decisions to discontinue, update and/or re-price products and riders.
In our most recent review of our product portfolio, we have made a decision to remove three of the optional riders from our ProClassic NY UL product.
As of January 1, 2019, the following riders are no longer offered on ProClassic NY UL:
- Covered Insured Rider (CIR)
- Protected Insurability Rider (PIR)
- Death Benefit Plus Rider (DB+)
If you have any questions, please contact your Protective Life representative.
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For Financial Professional Use Only. Not for Use With Consumers.
ProClassic® NY UL, policy form UL-15-NY 5-10 is a flexible premium universal life insurance policy issued by Protective Life and Annuity Insurance Company. Located at 2801 Highway 2080 South, Birmingham, AL 35223. Subject to underwriting. Consult policies for benefits, riders, limitations and exclusions. Up to a two-year contestable and suicide period. Benefits adjusted for misstatements of age or sex. Protective Life and Annuity Insurance Company does not render legal or tax advice. All payments an all guarantees are subject to the claims-paying ability of Protective Life and Annuity Insurance Company.