We’re excited to announce that the Waiver of Specified Premium Rider is now available in California. Add this rider to our Protective Advantage ChoiceSM UL, Protective Custom ChoiceSM UL, Protective® Lifetime Assurance UL, Protective Indexed ChoiceSM UL, Protective® Strategic Objectives II VUL and ProClassic IISM UL products to best fit your clients’ needs.
Waiver of Specified Premium Rider
Premiums are waived if you become disabled, with a six-month elimination period before the waiver benefit takes effect.
To learn more about the Waiver of Specified Premium rider, download the Riders & Endorsements Guide.
Let’s deliver on our promises. Together.
For Financial Use Only. Not for Use With Consumers.
Protective Custom Choice (UL-22), Advantage Choice (UL-20), ProClassic II (UL-25) and Lifetime Assurance (UL- 22) are universal life policies, Indexed Choice (UL-27) is a indexed universal life policy and Strategic Objectives II (VUL-15 9-19) is a variable universal life policy all issued by Protective Life Insurance Company, Brentwood, TN. Securities offered by Investment Distributors, Inc. (IDI), the principal underwriter for registered products issued by PLICO, its affiliate. IDI is located in Birmingham, AL. Product form number, product features and availability may vary by state. Consult the policy 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. All payments and guarantees are subject to the claims paying ability of Protective Life Insurance Company. Protective Indexed Choice is not a security investment and is not an investment in the market. (NOTE: MAKE THE PREVIOUS SENTENCE BOLD) Please see the policy for complete details about the terms, conditions, limitations or exclusions that apply to this policy. The S&P 500 Index is a product of S&P Dow Jones Indices LLC, a division of S&P Global, or its affiliates (“SPDJI”), and has been licensed for use by Protective Indexed Choice. Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC, a division of S&P Global (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Protective Life. Protective Indexed Annuity is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, or their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500 Index.
Protective is a registered trademark of Protective Life Insurance Company. All product names are trademarks of Protective Life Insurance Company.