Protective: COVID-19 Underwriting and Product Updates


Underwriting Guidelines

The U.S. Department of State issued an unprecedented “Level 4: Do Not Travel” advisory at a worldwide level. Therefore, effective as of Friday March 20, 2020, Protective will postpone coverage on any individual who has recently returned from any international travel for a period of 30 days following their return. In addition, Protective will postpone coverage on individuals with any planned travel outside the U.S. This approach is subject to change as the situation continues to evolve.

Please visit Protective's COVID-19 Resource Center for additional information.


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.

Effective March 30, 2020, in all states including New York, the following annual premium limits will be implemented:


New Annual Premium Limit

Protective Advantage Choice UL


Protective Indexed Choice UL


Protective Custom Choice UL


ProClassic II UL


For Protective Strategic Objectives II VUL, the annual premium limit will remain at $5,000,000.  The ELI illustration system and other quoting services will reflect these changes on March 30, 2020.

Important dates:
March 29, 2020 – Last day the illustration system will allow quotes to be run with premiums above the new limits. Any applications submitted above the new limits, must have an illustration run by this date.
May 22, 2020 – Last day to submit applications for cases with premiums above the new limits.


Please contact the BUA Life Sales team with any questions or to obtain illustrations.