Protective Indexed Choice UL interest rate changes
Effective March 15, 2024
5.77%
3.61%
7.21%
5.27%
3.25%
9.0%
5.79%
3.61%
7.21%
5.29%
3.50%
9.0%
Protective Indexed Choice UL interest rate changes:
- Applies to new business and in-force, new and existing loans.
- New rate goes into effect as of the next anniversary on or after 03/15/2024.
In-force policy interest crediting rate changes
Effective March 15, 2024
Protective® ProValue UL
Protective Advantage ChoiceSM UL (pre 2/16)
Protective® Select Flex II UL (with RIC)
Protective SurvivorSM UL
Protective Indexed ChoiceSM UL
Protective Indexed ChoiceSM UL NY
Protective Advantage ChoiceSM UL (post 2/16)*
Protective Custom ChoiceSM UL Lifetime
Protective® Lifetime Assurance UL
Protective® Lifetime Platinum II
Protective® Lifetime Platinum III
Protective® Select Flex II (FL)
Protective® Select Flex II (no RIC)
Protective® Select Flex II (TX)
3.00%
3.00%
3.00%
2.50%
3.25%
3.50%
3.50%
3.50%
4.25%
3.75%
4.00%
3.25%
3.25%
3.25%
2.75%
3.50%
3.75%
3.75%
3.75%
4.50%
4.00%
4.25%
Interest rate changes will be reflected:
- On new business illustrations beginning February 1, 2024.
- On in-force illustrations beginning February 5, 2024.
- In annual statements produced on or after March 15, 2024.**
If you have any questions regarding these interest rate changes, please reach out to your Protective representative.
** Protective Advantage Choice UL policies issued between 12/2019 and 2/2023 will have rate changes effective April 15th, 2024.
WEB.5389463.01.24