New Straightforward GUL from Protective is Here!

04-20-2020

Designed for clients seeking customizable guarantee lengths and predictable premium payments, Protective's newest product, Protective Lifetime Assurance UL, delivers competitively priced guaranteed death benefit protection that lasts a lifetime.  Your clients will always know what to expect with their policy.

  • Customizable guarantee lengths so clients are protected for their desired years of coverage
  • Predictable level-pay premiums that protect clients from surprises down the road
  • Straightforward coverage, meaning clients can confidently understand how their policy works before signing the -paperwork
  • Return of Premium Endorsement - on or after the 10th policy year,  will pay policyholders 25% of all premiums paid to date if they choose to fully surrender their coverage. 
    • Applicants are not eligible for this rider if they fall within the Tobacco underwriting class
    • Available to those with table ratings up to and including Table 4 and policyholders with a flat extra premium up to and including $5 per thousand 

This product is not designed for single pay or short pay scenarios and it does not take 1035 exchanges.

Please give us a call today at 1-800-792-6795 to see this product can work for your GUL clients!