Skip to Content
Man looks at his phone in an office setting
Orange shield with checkmark icon

Indexed universal life

Indexed universal life insurance is a special type of universal life insurance offering lifetime protection and flexible features, plus market-linked growth based on positive changes in one or more indexes. Such life insurance policies generally offer a fixed rate of interest, but also the potential for higher cash value accumulation based on the performance of a specific market index. Protective Life’s indexed universal life product offers your client an easy-to-understand solution with coverage that doesn’t break the bank. 
Indexed segments
When a premium payment is allocated to the Indexed Account, an indexed segment is created. Indexed segments are created on the 15th of each month, and there may be 12 different segments in different stages of maturity at any given time. 
Participation rate
A 100% participation rate is guaranteed, subject to the policy’s cap rate. The participation rate determines what percentage of the S&P 500’s increase applies to your client’s policy as interest. 
Cap rate
The policy cap rate is the maximum interest rate that can be credited to a segment. The Indexed Account value is credited with an interest rate equal to any percentage increase in the S&P 500® (excluding dividends) during the indexed segment year, up to the specified current cap rate.
Icon illustrating several slide bars indicating flexible options

Explore customizable materials to share with your clients

Protective makes it easy to custom brand educational materials to share with your clients. Explore our library of brochures, videos and educational materials on short-term life insurance solutions and help your clients identify the product that best meets their needs.
Orange seal with check mark

Next steps

Get appointed
The first step to doing business with Protective is getting appointed. It’s a simple process.
Still have questions?
For more than 100 years, we’ve helped families protect their financial futures through affordable insurance, asset protection and retirement solutions.

For financial professional use only. Not for use with consumers.

 

Protective Indexed Choice UL (UL-23) is a flexible premium universal life insurance policy issued by Protective Life Insurance Company, Brentwood, TN. Policy form numbers, product features and availability may vary by state. Consult policies for benefits, riders, limitations and exclusions. Subject to underwriting. Up to a two-year contestable and suicide period. Benefits adjusted for misstatements of age or sex. In Montana, unisex rates apply.

Protective Indexed Choice UL is not a security investment and is not an investment in the market.