Protective: Upcoming Protective Advantage Choice UL Price Change

10-19-2020

At Protective Life, doing the right thing is at the foundation of everything they do.  This is why they are slightly increasing rates for Protective Advantage Choice UL product, effective today.  This price change will enable them to continue offering this solid, well-designed protection solution.

Transition Rules:

  • For paper business, applications must be signed and received on or before November 2, 2020 to retain old rates.
  • For ticket business, applications must be signed and received on or before November 16, 2020 to retain old rates.
  • Any application in Underwriting on October 19, 2020 will retain the rates they are initially quoted.

Protective also offers another similar UL solution, the Lifetime Assurance UL - but this product cannot be used for short pay scenarios or 1035 exchanges. 

Please give us a call at 1-800-792-6795 if you have any questions.