Sister Insurers Release Second-To-Die Policies

Protective Life Corp. says subsidiaries have introduced life insurance policies aimed at married couples and other customers who want to insure 2 lives.

Protective Life Insurance Company, a unit of Protective Life, Birmingham, Ala., has introduced the Protective Centennial Survivor G Universal Life policy; and another Protective Life unit, West Coast Life Insurance Company, has introduced the West Coast Golden Legacy Protector X Universal Life policy.

Both of the new policies are second-to-die universal life insurance policies, insuring 2 lives under one policy, with the death benefit payable to the designated beneficiary following the surviving insured’s death, Protective Life says.