Protective life insurance was established by its founder and former Alabama Governor, William Dorsey Jelks, who started in 1907. Jelks' commitment to Protective's customers, shareholders, and employees remains today the focus of the Company's leadership as they believe that serving people begins with being worthy of their trust.
Protective Life Corporation provides insurance and investment products to consumers across the United States. You should consider Protective Life Insurance, if you are in the market for a life insurance policy.
Life insurance products are dealt through the Life and Annuity Division and West Coast Life Division and under the banners of three companies: Protective Life Insurance Company, West Coast Life Insurance Company, and Protective Life and Annuity Insurance Company. Product categories include: Fixed Annuity, Variable Annuity, Fixed-Index Annuity, Term Life Insurance, and Immediate Income Annuity.
Protective Life Insurance ratings are as follows:
- A.M. Best: A+ (Superior, 2nd highest of 15 ratings)
- Standard & Poor's: AA (Very Strong, 3rd highest of 21 ratings)
- Fitch: AA- (Very Strong, 4th highest of 22 ratings)
- Moody's Investors Service: Aa3 (Excellent, 4th highest of 21 ratings)
Most basic estate planning and development has a major attachment to protective life insurance. Most of them can offer a non-taxable income death benefit, which can exceed the amount of premiums being paid by a client.
Often, whenever an estate tax is concerned, a protective life insurance policy is best and ideal, especially if someone else owned it. You may also request a binding trust to be the primary owner and beneficiary of your protective life insurance policy. Also, you may include in the list of your policy's beneficiaries your children who are above 18 years old.
Now we can say that finding the right protective life insurance company is one of the best decisions you could ever make. It's always important to keep your family covered.
