Protective Executive

Protective%%®%% Executive UL carves out a valuable incentive for key employees

Our executive universal life insurance solution is designed with valuable features for employers and their leadership talent, so you can grow your business in the executive benefits market.

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Why recommend Protective Executive UL?

Your business clients can enjoy these benefits from our group term carve-out solution:

Easy to administer

Employee information is managed with a census, and premiums can be paid with a single electronic fund transfer.

Cost effective

Coverage is carved out for executives so it’s more cost-effective than if they were part of a traditional group plan.

Stronger incentive

Employees can pay extra premiums to build cash value. Plus, the universal life insurance coverage is portable.

Offer valuable features to employers and executive employees

We designed Protective Executive UL universal life insurance with these features.

An illustration representing the benefits of Protective Executive UL to employers

For employers:

Executives qualify with just 2 questions
Premium payment flexibility
Premium schedule guaranteed for 5 years

An illustration representing the benefits of Protective Executive UL to employees

For executive employees:

Portable coverage if they retire or leave
Option to build cash value
More meaningful benefit tailored to them

Enjoy a streamlined process for doing business

While these are individual policies, we take care of the billing, application submission and premium processing as a group. Together, we’ll follow the steps below to streamline the sales process for Protective Executive UL universal life insurance and make your job easier.

You submit the request to us

Complete the required application and Census Template.

We review the request

We’ll review what you provided and reach out if we need to chat further.

We deliver an offer

If approved, an offer will be provided with a case summary, maximum face amounts and any stipulations. It’s valid for 60 days and can be reconsidered.

Consider companies that:

Are looking to incentivize executive-level employees with life insurance benefits
Want a way to attract and retain top talent
Need a product that’s easy to administer
Are interested in a portable solution that employees can keep after they retire or leave the company

A financial professional meets with a business client about Protective Executive UL

Key product specs:

Issue ages: 18-85
Minimum face amount: $100,000 (minimum case size of 15 lives)
Maximum face amounts:
- 15-49 group lives: $50,000 x number of lives in the group
- 50+ group lives: $60,000 x number of lives in the group

Full details

A financial professional reviewing details about Protective Executive UL on a tablet

Riders and optional benefits

View our Riders and Endorsements Guide to learn about the optional riders and built-in endorsements that add value and flexibility to a life insurance policy.

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financial professional and her clients, a Human Resources executive, review how the riders and endorsements available with Protective life policies can add value add flexibility.

Helpful resources on Protective Executive UL

We want to help you decide if this universal life insurance solution is the right fit for your business clients. Use these resources to learn more about the product and support your sales conversations.