Next time you run a Protective Advantage ChoiceSM UL illustration, show your client how a Protective Indexed ChoiceSM UL could provide more value.
Starting September 9, you can add an Indexed Choice UL supplemental report to all Advantage Choice UL illustrations in our ELI illustration system. This report uses the information you entered in the Advantage Choice UL illustration to show how an Indexed Choice UL policy could provide strong lifetime guarantees with realistic cash value potential.
This new report compares Advantage Choice UL and Indexed Choice UL’s:
- Initial Annual Premium
- Target Premium
- Policy Value at Year 20
- Policy Value at Year 30
- Guaranteed to Age
- Coverage to Age
For more information about Indexed Choice UL, or a walk-through of how to add this supplemental report to your Advantage Choice UL illustrations, please contact your Protective Life representative.
Let’s deliver on our promises. Together.
For Professional Use Only. Not for Use With Consumers.
Protective Advantage Choice UL (UL-21) and Protective Indexed Choice UL (UL-23) are flexible premium universal life insurance policies issued by Protective Life Insurance Company, Birmingham, AL. Policy form numbers, product features and availability may vary by state. Consult policies for benefits, riders, limitations and exclusions. Subject to underwriting. Up to a two-year contestable and suicide period. Benefits adjusted for misstatements of age or sex. In Montana, unisex rates apply.
Protective Indexed Choice UL is not a security investment and is not an investment in the market. Clients should be provided with costs and complete details about the terms, conditions, limitations or exclusions that apply to this policy.
The tax treatment of life insurance is subject to change. Neither Protective Life nor its representatives offer legal or tax advice. Consumers should consult with their legal or tax advisor regarding their 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.