An insurance rating is an opinion of the rating agency of the insurance company's financial capacity to meet the obligations of its insurance policies in accordance with their terms. Each of these independent rating organizations has assigned its rating based on a variety of factors, including the company's operating performance, asset quality, financial flexibility, and capitalization. A rating is not a recommendation to purchase, sell, or hold insurance contracts. Ratings are subject to change at any time. The insurer may have paid a fee to the rating agency.

Protective Life Insurance Company has insurer financial strength ratings of AA- (Very Strong, 4th highest of 21 ratings) from Standard & Poors, A+ (Superior, 2nd highest of 15 ratings) from A.M. Best, A (Strong, 6th highest of 22 ratings) from Fitch, and A2 (Good, 6th highest of 21 ratings) from Moody's Investor Services.*

  * These ratings are current as of September 16, 2009.