We are pleased to inform you that we’ve increased Protective Indexed Choice UL’s illustrated and loan charge rates so you can better serve your clients.
We’re excited to announce that Protective Classic Choice term in New York is now available on the iPipeline iGo platform!
We’re excited to announce that effective March 1, 2022, Protective Classic Choice term in New York will join the iPipeline iGo platform.
We’re excited to announce we’ve lowered our Protective® Classic Choice term prices once again. And with longer term periods, more flexibility and faster technology, we’re also making short-term business easier and more innovative.
The per diem limit for chronic death benefit riders will decrease to $390/day beginning in 2022.
On September 8, we updated our product portfolio for the 7702 and 7702A (Tax Law) changes that were included in the Consolidated Appropriations Act, 2021 (CAA 2021). At the time, the state of California had not yet approved the new product versions. View the summary of the products that will be approved in California on December 13.
With the reprice of our Protective Classic Choice, we’re committed to maintaining a competitive term solution by offering lower prices, longer term options, more flexibility and faster technology — so you can give your clients the coverage they need at the price they want.
Like many carriers, we will be updating our product portfolio in 2021 for the 7702 and 7702A (Tax Law) changes that were included in the Consolidated Appropriations Act, 2021 (CAA 2021). As one of our valuable partners, you are receiving this information now to help you plan for a smooth transition for you and your clients.
We’ve repriced Protective Classic Choice Term to have new lower rates in multiple cells, putting it in the top three or better 95% of the time in monthly pay scenarios and in the top three 89% of the time in annual pay scenarios. These rates are more competitive than ever, and they go into effect starting today.
Exchanging a near-lapsing policy with Protective® Strategic Objectives II VUL offers a stable, yet flexible solution for clients who need access to cash.