What types of life insurance policies does Protective Life offer?
Asked a year ago
Protective Life offers a variety of life insurance policies to cater to individual needs. They provide term life insurance, offering a fixed death benefit amount for a specified period. This plan is ideal for those seeking affordable coverage over a specific time frame, such as mortgage protection. Additionally, Protective Life offers whole life insurance, which provides lifelong coverage along with a cash value component that grows over time. This policy is suited for individuals seeking protection and an investment component. They also offer universal life insurance, providing flexible premium payment options and potential cash value growth. This plan allows for adjustments to coverage and premiums to adapt to changing needs. Lastly, Protective Life provides survivorship life insurance, where two individuals are insured under one policy, and the death benefit is paid after both pass away. Overall, Protective Life offers a comprehensive range of life insurance policies to meet various requirements.
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