Protective Executive UL
It’s cost effective, easy to administer and tailored to meet the protection needs of highly compensated employees — making it a competitive addition to an organization’s executive compensation package.
We’ve designed Protective Executive UL with features that benefit both the employer and their executive employees.
Easy to Administer
Employee information is managed with a census, updated as needed, and the premiums can be paid with a single electronic fund transfer.
Coverage is specifically designed for an organization's executives, which allows it to be a more cost-effective plan than if they were included in a traditional group plan with all other employees.
Employees have the flexibility to add additional premium to build cash value, customize coverage to meet their needs and it is portable should they retire or leave the company.
Unlike group life insurance, Protective Executive UL offers individual coverage that doesn’t go away or decrease at retirement.
Affordable premiums are paid by the employer; however, the employee may add additional premiums to build cash value.
By answering two questions, executives can automatically qualify for Protective Executive UL.
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For Financial Professional and Plan Sponsor Use Only. Not for Use With Consumers.