Protective Indexed Choice UL Rate Changes


Due to Actuarial Guideline 49 (AG49), Protective will be increasing the illustration rate and loan rate on Protective Indexed Choice UL in order to meet regulatory requirements.  

The following rate changes will be available with Protective Indexed Choice UL illustrations beginning February 3 and are effective March 15. 

  • The maximum illustrated rate will increase from 5.37% to 5.41%.
  • The loan rate will change from 4.37% to 4.41%.

The maximum illustrated indexed rate for this product will be updated each year based on the formula and look-back period described in AG49, a requirement mandated by the National Association of Insurance Commissioners (NAIC), to standardize how indexed universal life insurance policies are illustrated across the industry.

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