Protective Non-Participating Whole Life
A level death benefit with all premiums, values and benefits guaranteed, Protective Non-Participating Whole Life is an ideal product for those clients who need low face amounts1 and prefer the guarantees only whole life can offer. This plan is particularly suited toward the senior marketplace.
Waiver of premium riderThis rider provides a waiver of premium benefit (including riders) after six months of total disability. Available for issue ages between 18 and 56, with coverage expiring at age 65.
Terminal illness/ accelerated death benefit endorsement*Provides for an accelerated death benefit payment to the owner, if the insured has a qualifying terminal illness and all terms and conditions of the endorsement are met.
*Not available in New York or in select states.
The many benefits of working with Protective
For Financial Professional and Plan Sponsor Use Only. Not for Use With Consumers.
1 Min $1,000 but not less than the face amount that can be purchased for an annual premium of $120 (including policy fee, but excluding riders and substandard charges.) $25,001 minimum in state of West Virginia. $100,000 minimum for select preferred and preferred rate classes.
Protective Non-Participating Whole Life insurance product is issued by Protective Life Insurance Company (PLICO) in all states except NY, where it is issued under Protective Life and Annuity Insurance Company (PLAIC). This product is issued under the state-generic form number WL-4 7-13; however, policy form numbers do vary state by state. May not be available in all states. Product and riders are no longer available in New York. Consult the policy for benefits, riders, limitations and exclusions. Subject to underwriting and up to a two-year contestable and suicide period. Benefits adjusted for misstatements of age or sex. In Montana, male rates apply to all sexes. Refer to underwriting requirements for all risk class requirements and medical underwriting guidelines. All payments and all guarantees are subject to the claims paying ability of the issuing insurance company.