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.
Continuous Velocity enhancements are being implemented making it easier and faster to do business with us. We are excited to share that even more updates have been made.
The Advertisements of Life Insurance and Annuities Model Regulation (NAIC 570-1) provides rules for life insurance and annuity advertising. In order to comply with this Regulation, any advertising or marketing material referring to Protective – the Company name, logo, products or services – must be approved by the insurer prior to its dissemination.
In April 2020, we made key updates to our authentication process when agents call into the Customer Experience Advocacy Team (formerly Life Customer Service, Annuity Contact Center and Claims teams).
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.
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.
In the past four issues we discussed improvements to make it easier and faster to do business with us. We are excited to share that even more updates have been made.