Life insurance is important but what about income loss? With the Protective Income Provider option, clients decide how and when their life insurance policy’s death benefit is paid.
Payments on the client’s terms
The Income Provider option allows clients to structure their death benefit payment in installments that are guaranteed in both the amount and duration. This can often do the job of a simple trust, but without the expense of attorney fees.
Structured death benefit payments
Amount and duration are guaranteed
Mitigates the need for a trust
Clients have the flexibility to choose:
- Benefit period: Payments can be made from 1–30 years.
- Payment type: Lump-sum payment, regular income stream or both.
- Payment schedule: Monthly, annually or on a specific day (like birthdays or holidays).
- Distribution: Multiple beneficiaries equally or divided at client’s discretion.

Unique needs make the case for the Income Provider option
The Income Provider option allows you to help your clients address their specific needs by determining how their life insurance policy’s death benefit will be paid and on what terms. Let’s look at three use cases.

Alternative to a trust

Create a legacy

Provide family protection
Helpful resources for the Income Provider option
We want to help you decide if our Income Provider option is right for your clients. Use these resources to learn more about the product and support your client conversations.

Income Provider Option Consumer Guide

A Financial Plan for Your Blended Family

Protective Income Provider Option: FAQs
Other related topics

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Offer a flexible guarantee when the unexpected happens

Legacy planning to build and protect what clients pass on
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.
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