Protecting The Values of its Clients Via Affordable Plans
Protective Life Company offers a wide range of life insurance options that help protect you and your family’s needs in times of emergency. With more than 100 years of service provided nationwide, Protective Life strives to live up to its name — to protect the values of its clients via affordable plans that cater to various personal and financial needs.
By choosing Protective, you and your loved can choose from five different life insurance plans designed to meet your needs.
Protective Life Policies
- Temporary death protection
- Pay low, fixed premiums
- Can choose terms that range from 10 to 30 years
- Flexible, permanent coverage
- Provides opportunity to build a savings account throughout the life of the policy
- Interest accumulated in tax-deferred savings account can be borrowed against to help cover future premiums
- Permanent coverage
- Flexible premium payments
- Provides individual or business investment options in which cash value is accumulated throughout
- Flexible premiums and death benefits
- Often referred to as second-to-die or joint survivorship insurance as it covers two partners under one policy
- Policy usually passes to beneficiaries income tax free
Custom Choice Universal Life Plan
*Protective Life values the importance of providing you with options, which is why anyone seeking a flexible life insurance plan will gain a financial peace of mind with their Custom Choice Universal Life plan. This plan guarantees coverage at an affordable price with a low, level premium. Coverage can be adjusted to help meet any future changes in you and your family’s needs–in other words, you have the option to maximize your coverage when needed most and obtain more modest coverage at a later time.
Custom Choice offers:
- Death benefit coverage with an initial level benefit period of anywhere from 10 years to your lifetime.
- The option to extend coverage beyond the initial level benefit period. While the death benefit begins to decrease, premiums will remain level and will only increase once the death benefit has reached the minimum of $10,000.
This plan is optimal for those looking for affordable premiums which correspond with their expected income level. Premiums can remain level for as long as you’d like them to, which can be helpful when balancing expenses in times of greater need. Custom Choice also accounts for any sudden occurrences via options such as Terminal Illness/Accelerated Death Benefit and Accidental Death Rider Benefit, so your loved ones are covered no matter what the circumstance.
Free Quote With No Obligation
Call our office today to speak with one of our insurance brokers. We are here to offer clear and concrete answers with no obligation to enroll. Let us help you find the right life policy for you and your family.