We’ve increased rates for Protective Indexed Choice%%SM%% UL
March 13, 2023
We’re pleased to inform you that we’ve increased Protective Indexed Choice UL’s illustrated, cap and loan charge rates so you can better serve your clients.
These rate changes are available with Protective Indexed Choice UL illustrations as of February 13, and will be effective on the following dates:
- The maximum illustrated rate has increased from 5.21% to 5.77% and will be effective on March 15, 2023.
- The loan charge rate has increased from 4.71% to 5.27% effective March 15, 2023, for new loans and effective on the next policy anniversary on or after March 15, 2023, for existing loans.
- The cap rate has increased from 8.00% to 9.00% and is in effect as of the next segment start date on or after March 15, 2023.
These changes are just one reason why Protective Indexed Choice UL continues to be a solid, well-designed life insurance solution — helping clients achieve the protection they deserve.
For more information regarding these rate changes, please contact your Protective representative.
We're here for you
Everyone deserves peace of mind when it comes to safeguarding what’s most important. We’re ready to help you deliver the protection and security your clients deserve. Reach out to us anytime for questions and support, and we’ll get in touch with you as soon as possible.