Only need coverage for 10 to 30 years?
Get a free term life insurance quote >
Don't know what type of insurance you need?
Start here. Or call us at 1-844-733-5433.
Learn more >
Want affordable coverage for your child?
Get a free quote today
Get started >
Term life insurance from Protective is usually up to 48% less than the competition. Enjoy savings from a company you can trust. As low as $7.30 per month for $100,000. Get your fast, free quote now!
Select the option that refers best to your health conditions.
See More Factors
Term life insurance from Protective Life offers more for your money - and we can prove it.
With a Protective® Classic Choice Term life policy, you could get $100,000 for as little as it costs for a lunch. See for yourself:
Here’s a sample comparison of a 30-year-old-male with $100,000 of coverage for 10 years.
For more than 100 years, Protective Life has helped families like yours save money while protecting their financial future.
* Savings based on premium comparisons with leading national life insurance carrier term products. Premiums were compared between the Protective Classic Choice Term life policy and the competitors’ term products for a 30-year old male with a $100,000 death benefit, select preferred non-tobacco underwriting class and a 10-year initial guaranteed premium period. Rates are effective as of August 19, 2019, vary by carrier and are subject to change without notice. Competitor policies may not be available in all states.
With fixed, level premiums, term life insurance is simple to understand and this makes it appealing to many people.
Protective Life takes affordability to a new level with term life insurance rates typically well below the competition.
With term life insurance you select a policy term, typically 10 to 30 years, that could cover a specific period in your life.
If you’re thinking about term life insurance, consider the Protective® Classic Choice Term life policy. With rates up to 48% less expensive than the competition, you can get more coverage to help protect your family’s future.
And when you choose Protective, you’re choosing a company with a legacy of serving families like yours for more than 100 years.
The Protective® Classic Choice Term life product is designed to give you the affordability you need today with options for the future.
1 Conversion options will vary based on term length and product availability. And pricing for your new policy is subject to change, though you will retain your original risk class.
While you can save a lot of money with a Protective Classic Choice Term life policy, there are more reasons to buy from Protective. We were founded in 1907 with a mission to serve both the people and the communities in which we work. Our financial ratings attest to our strength and stability, and our people are the heart of the organization. Now find out what your peers have to say about doing business with us.
Not sure how much you need? Calculate coverage
See More Factors
The death benefit from either a term life or universal life insurance policy can be used for many different purposes. Some common uses include:
Providing a few years of income replacement for families in their prime earnings years.
A safety net should something happen to you while you’re saving for your child’s college education.
Satisfy requirements related to divorce, ensuring that alimony and child support can be maintained.
Policy proceeds can be used to cover an outstanding mortgage balance or other debt.
Policy proceeds can prevent your family from being burdened with covering student loans.
Pros of term life insurance
Cons of term life insurance
Typically the most inexpensive form of life insurance coverage
Allows you to purchase coverage for the specified time frame you need
Easy to understand and manage
Offers fixed, level premium payments
Renewal premiums can be expensive if you need to extend coverage beyond your initial benefit period
Death benefit and coverage length cannot be adjusted
Does not build cash value
The flexibility to select the length of the policy term that you desire
A more affordable option compared to whole life insurance
A level premium and death benefit for the length of the term
The option of renewing coverage when your term ends (typically resulting in a higher premium and possibly a reduced face amount) 2
2 Not all term policies include this option. Check with your agent or company representative for specifics regarding your policy’s terms and conditions.
Coverage for your whole life (as long as premiums are timely made, your policy will not expire)
Level premiums that won’t increase
A guaranteed death benefit that won’t decrease (unless cash value has been withdrawn and not repaid at time of death)
The potential to build cash value over time
The living benefit of cash value. Any cash value that may accumulate in your policy can be withdrawn or borrowed against and used for any purpose (important note: any outstanding loans or partial withdrawals that aren’t paid back will reduce your policy’s death benefit)
For more information on life insurance options, give us a call at 1-844-733-5433 and talk with a Protective Life Agent, or get a free online quote for the Protective® Classic Choice Term life policy right now.
Life Insurance Basics
What is Life Insurance?
Why get Life Insurance?
Not sure what you need? Our policy finder can help in 3 easy steps.
Life Insurance Policy Finder
Take a minute and we'll help you calculate your insurance needs.
Life Insurance Calculator
“I have had my policy for almost 40 years...so glad I bought it when I was young and have been able to keep the same payments all those years!”
“I purchased life insurance with Protective Life last year, and have been very happy with the level of service I have received so far. When you are purchasing life insurance, you never really experience the "end result" so it is comforting to know that the company you have purchased it from provides great customer service.”
“Our agent is a big part of why we're so happy. He's always available, anytime we need to get ahold of him.”
* The product quoted is the Protective® Classic Choice Term (ICC16-TL21 / TL-21) a term life insurance policy issued by Protective Life Insurance Company, Birmingham AL. Premiums increase annually after the initial guaranteed premium period. Not available in New York. Policy form numbers, product features and availability may vary by state. Consult policy for benefits, riders, limitations, and exclusions. There are no cash values. Up to a two-year contestable and suicide period. Benefits adjusted for misstatements of age or sex. In Montana, unisex rates apply. Any quote that is present is only an estimate and the actual premium and rate class will be determined after the underwriting process is completed. Neither Protective Life nor its representatives offer legal or tax advice. You should consult your attorney or tax advisor regarding your individual situation. The Company cannot increase the premium scale. All payments and all guarantees are subject to the claims paying ability of Protective Life Insurance Company.