Protective repriced their term
Protective Classic Choice term is now a Top 3 option 95% of the time in monthly pay scenarios and a Top 3 option 93% of the time in annual pay scenarios.*
New, Lower Classic Choice Rates Now Available from Protective
The Term Insurance market remains extremely competitive, with carriers continuing to refine their competitive position.
Accelerated Underwriting to Permanent Products
A trio of single life, permanent insurance products are now available, including the news addition to the Protective lineup: Lifetime Assurance UL.
Protective Lower Term Rates
While some carriers are increasing term rates, Protective repriced Protective®️Classic Choice Term with even lower rates.
Introducing Protective®️ Lifetime Assurance UL
Protective is excited to announce the launch of our newest guaranteed universal life (GUL) solution, Protective®️ Lifetime Assurance UL. This straightforward GUL is competitively priced and ideal for clients seeking lifetime guarantees and predictable premium payments.
Temporary Changes to Life Insurance Underwriting Guidelines
Due to the ongoing spread of COVID-19, Protective is implementing the following temporary changes to our life insurance underwriting guidelines effective April 15, 2020.
New Premium Limits for Certain Life Insurance Products
Due to the current interest rate environment, and particularly the decrease in yields over the past few weeks, Protective finds it necessary to implement new premium limits for certain products.
Protective Life Announces IUL Illustrative Rate Increase and CA Custom Choice Approval
Increased IUL Illustrative rates that translate into more competitive premium solves and the return of the Custom Choice UL to California. Read on for the details!
Protective Life Fine Tunes Term Pricing to Maintain Top 3 Position
Protective’s Classic Choice Term is about to be even more competitive. As the dust settles from the 2017 CSO and PBR transition, carriers like Protective that are committed to being a price leader are making sure they are well-positioned to earn your term insurance business.
ProdMod: Cap Rate Change on the Horizon for Protective Life’s Indexed Choice UL
Our colleagues at Protective Life have announced a cap rate reduction and corresponding illustrative rate change effective January 1st. These changes will be reflected in illustrations beginning Monday, November 4th. Read on for the details.