Category

Life Insurance

Category

Updated ExtendCareSM Per Diem

The Internal Revenue Service (IRS) recently announced upcoming changes to the per diem limitations for periodic payments received under qualified long-term care insurance policies and certain life insurance policies which offer accelerated death benefits for chronic illness care.

Key Changes to Protective Life’s Product Portfolio

We’ll be replacing and removing several products within our portfolio before the end of 2019 to reflect the 2017 Commissioner’s Standard Ordinary (CSO) Table and Principle-Based Reserving (PBR) requirements. We’re providing you this information now to help you plan for a smooth transition for you and your clients before January 1, 2020.

Our New “Ask the Underwriter” Team is Here for You

At Protective Life, we combine quality products with a competitive underwriting philosophy. We know that underwriting is pivotal to your success with clients, which is why our experienced team of underwriters works hard to assign the best risk class to your cases. Building on our recent announcement of the Quick Quote Underwriting Team, we have added another available resource for our BGA partners to make Protective’s underwriting process more efficient and expeditious.

September is Life Insurance Awareness Month

Life Insurance Awareness Month (LIAM) is quickly approaching! By incorporating life insurance into your conversations this September, you can easily build your book of business with new clientele and conduct policy reviews with existing clients.

Lord Abbett Funds Removal and Transition Rules

At Protective Life, we believe that doing the right thing is the foundation of everything we do. Therefore, we want to remind you that Lord Abbett is liquidating two of their funds and make sure you are aware of the transition rules for older variable universal life products.