Protective Strategic Objectives II VUL
A policy that works for your clients now, and later
Protective® Strategic Objectives II Variable Universal Life is designed to provide death benefit coverage and help your clients grow tax-deferred cash value over time that they can use to supplement retirement income. And Protective’s planning program — Defined Objectives® will help them stay on track. Protective Strategic Objectives II Variable Universal Life can be an important part of your clients’ overall financial plan for today and tomorrow.
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Features
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Optional benefits
Product Design
Flexible premium, variable universal life insurance for those desiring both protection and the potential for tax-deferred growth of cash value that can be used to supplement income at certain times, like during retirement.
Lapse Protection
The Lapse Protection feature ensures the policy will remain in force for up to 15 years (depending on age) regardless of policy value, provided premium requirements (net of loans and withdrawals) are met. This feature protects against the risk of policy lapse from short-term market volatility during the Lapse Protection Period.
Investment Choices
Premiums may be allocated to a Fixed Account or to a broad array of investment options
Accidental death benefit rider
This rider can provide coverage that pays an additional death benefit if the insured dies as the result of an accident.
Terminal illness/accelerated death benefit endorsement
Included at no extra charge, this optional benefit can accelerate a portion of the policy’s death benefit, if the insured has a qualifying terminal illness.
ExtendCare Rider
This provides one or more accelerated death benefit payments to the owner during a 12-month period, if the insured has a qualifying chronic illness and all terms and conditions are met.
The many benefits of working with Protective
From marketing materials to applications, our online tools make it easy and convenient for you and your clients to discover and explore products and proceed through the application process.
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For Financial Professional and Plan Sponsor Use Only. Not for Use With Consumers.
Protective® Defined Objectives® are registered trademarks of Protective Life Insurance Company.
Variable universal life insurance policies issued by Protective Life Insurance Company (PLICO). Securities offered by Investment Distributors, Inc. (IDI), the principal underwriter for registered products issued by PLICO, its affiliate. PLICO is located in Nashville, TN; IDI is located in Birmingham, AL.
Variable universal life insurance involves the risks of investing in stocks, bonds and other securities; market, interest rate and credit risk; and, loss of principle. If the investment performance of underlying investments is poorer than expected (or if sufficient premiums are not paid), the policy may lapse or not accumulate sufficient value to fund the intended application.
Investments in variable universal life insurance policies are subject to fees and charges from both the insurance company and the managers of underlying investments. Loans and withdrawals may negatively impact policy value, investment performance, death benefit, and any Lapse Protection.
Variable universal life insurance policy issued under policy form number VUL-15 9-19 and state variations thereof. Product features and availability may vary by state.
Investors should carefully consider the investment objectives, risks, charges and expenses of Protective® Strategic Objectives II Variable Universal Life insurance and its underlying investment options before investing. This and other information is contained in the prospectus for Protective Strategic Objectives II Variable Universal Life and its underlying investment options. Investors should read the prospectuses carefully before investing. Prospectuses may be obtained by contacting PLICO at 800-456-6330.