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Life Health > Life Insurance

Universal life with lapse protection

By Staff Writer

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Out of many comes one. That is the philosophy behind the latest product from Protective Life Insurance Co. Protective Centennial G Universal Life is a policy that combines many of the most
popular features from other UL policies.

Protective Centennial G allows buyers to have a flexible lapse protection guarantee, a way to select the death benefit guarantee period to best suit individual needs. The product also features the convenience of a one-product chassis for level-pay and short-pay situations.

Other features of Protective Centennial G include the following lapse protection options:

  • Guaranteed death benefit coverage that can last the lifetime of insured.
  • Protection premiums vary by age, gender, face amount, length of lapse protection and more.
  • No lapse as long as lapse protection account value equals or exceeds policy debt.

For more information, visit www.protective.com.

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