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Universal Life Insurance (UL)

Protective's Corporate Universal Life Insurance (UL) is one of the best insurance products available to offset rising employee benefit costs and complement financial portfolios.

Here are some of the features of our Corporate UL product:

  • Single premium or flexible premiums.
  • Guaranteed issue, simplified issue, or fully underwritten.

Corporate UL advantages:

  • Premiums can be used as a replacement for an existing asset such as Treasury bonds1.
  • Tax-deferred growth of cash value.
  • Nontaxable status of death benefits.

Overall, Corporate UL offers a unique combination of benefits for corporations and banks as well as their executives. For more detailed information on this product and to request the necessary forms, call 888-353-COLI (2654) or get further information about this product by logging in below. If you forgot your password or would like to request one, please call us.

1 U.S. Treasury securities are guaranteed as to the timely payment of principal and interest if held to maturity. Fund shares are neither issued nor guaranteed by the US Government.

Protective Executive Benefits Corporate UL is a flexible premium, non-participating universal life insurance policy issued on policy form ICC20-BG1 and appropriate state variations by PLICO in all states except New York where it is issued by PLAIC on policy form number BG-1-NY 4-20. Policy form numbers, product features and availability may vary by state. Consult the policy for benefits, riders, limitations and exclusions. Up to a two-year contestable and suicide period. Benefits are adjusted for misstatements of age or sex.