New Pricing Available for Protective Classic Choice Term
Protective Classic Choice term has been re-priced to have new lower rates in multiple cells, putting it in the Top 3 or better 95% of the time in monthly pay scenarios and in the Top 3 93% of the time in annual pay scenarios.* These new rates go into effect today, July 20, 2020.
Don't forget - Protective Classic Choice term also has options for 35-year and 40-year level term durations! Protective is now one of only three national carriers to offer more than 30 years of level term coverage.
- For ticket business and direct writers: applications must be signed and received on or before Monday, August 17 to receive current rates
- For paper business: applications must be signed and received on or before Monday, August 3 to receive current rates
- Any application in underwriting on Monday, July 20 may choose between the old and new version of the product but will retain the rates initially quoted unless otherwise requested up until the case has been approved.
Please let us know if you have any questions about the rate change.