Protective Custom Choice UL is being discontinued as of December 31, 2024. The carrier is offering you a comprehensive alternative: Protective Classic Choice term and the optional Conversion Choice rider with ExtendCare.
Protective Classic Choice term maintains the value you and your clients expect for short-term coverage, with options beyond the traditional 10-30 year term periods. By adding the Conversion Choice rider to new policies, clients can experience extended conversion periods for a wider range of permanent solutions and gain access to chronic illness protection with ExtendCare upon conversion – no additional underwriting or medical exams required.
Transition Rules: Protective Custom Choice UL Applications must be signed and received on or before December 31, 2024 (to make sure you meet the deadline, please submit to IRA Brokerage a week before December 31st) and policies must be placed in force by March 31, 2025.
For more information, please contact our office. Tel 248-553-9505