protective life insurance annuity reviews
However, if you do happen to still have any additional questions about this – or any other – annuity, then please feel free to contact us and one of our annuity experts can walk you through any of the questions or concerns that you have. With fixed index annuities like the Protective Life Indexed Annuity II, you can be assured that your funds are safe from market volatility and that you have the ability to receive an ongoing income in retirement – no matter how long you live. You can choose a term length of 10, 20, or 30 years. Smart finances. This annuity has no front-end or administrative charges. Protective Insurance Company has been in the business of offering financial enhancement and protection for more than 110 years.The company was founded in 1907, and since that time, it has grown and expanded – adding a wide range of products and services. Protective Life Insurance Company has not endorsed this review in any way, nor do we receive any type of compensation for providing this review. The review that you are in the process of reading right now was created with the intent of assisting you with better understanding all of the “fine print” that is associated with the Fixed Deferred Annuity from Protective Life. Protective Life Insurance Company Current as of September 30, 2020 Insurer financial strength ratings of A+ (Superior, 2nd highest of 15 ratings) from A.M. Best, AA- (Very Strong, 4th highest of 21 ratings) from Standard & Poor's, A+ (Strong, 5th highest of 22 ratings) from Fitch, and A1 (5th highest of 21 ratings) from Moody's Investor Services. The maximum issue age is 92. All names, marks, and materials used for the reviews on this site are property of their respective owners, and not those of AnnuityGator.com. In the following Protective Life review, we will take a close look at the company’s products and ratings to help you decide if Protective is the right fit for you, based on your own need, goals and objectives. The maximum issue age is 85. In fact, we dare say that this website is the only place where you will be able to find all of the key facts – which include the good and the not-so-good. In 2019, Protective Life made its 57th acquisition. This, however, is not all that surprising, as there are many, many products available in the marketplace, and various different thoughts about them. If you annuitize after the 10th anniversary of your contract date, you may receive a 2% bonus. Protective Life Insurance Company has not endorsed this review in any way, nor do we receive any type of compensation for providing this review. Also, if there are any other annuities that you would like more information about, then just simply let us know that, too and our annuity geeks will get on the case and post more reviews asap. The insurance company, of course, is banking that it won’t have to pay out more to you than it took in. For more information on how to compare annuities in order to determine which one may be right for you, According to Protective Life, there are numerous. 7-8 Year Annuity Rates. There may be an inflation rider, which would come at an additional cost. But there are surrender charges for early withdrawals. Protective Life Insurance Reviews Protective Life Insurance Company offers multiple policies, including a Custom Choice Universal policy that includes aspects of both term and universal life insurance. The Protective Dimensions Annuity is a flexible premium deferred variable and fixed annuity. By contacting us you may speak with an insurance licensed agent in your state, and you may be offered insurance products for sale. In J.D. Protective Life And Annuity Insurance Company - Comparing policy rates by yourself will be tricky and seriously long. For more information on how to compare annuities in order to determine which one may be right for you, click here to obtain our free annuity report. If your head is swimming in all the options, a financial advisor can help you cut through the complexity to determine the best annuity for your retirement income needs. With the SecurePay FX rider, though, your benefit base may increase on the anniversary of your contract during a specified period even if your contract value has not increased. Protective Life Insurance Company Review. Your payout options are the same as for the annuities above (lifetime income, income for a certain period, lifetime income with a certain period, lifetime income with a cash refund or lifetime income with an installment refund). Retirement. If you need to speak to Protective Life Insurance customer service directly, here is their contact information. Protective Life Insurance Company has not endorsed this review in any way, nor do we receive any type of compensation for providing this review. Here, as is the case with many annuities that allow you to lock in an interest rate long term, there is a surrender period that correlates to the rate guarantee period. The maximum issue age is 85. It’s the parent company of Protective Life and Annuity Insurance Company, West Coast Life Insurance Company, Protective Property and Casualty Insurance Company, MONY Life Insurance Company and United States Warranty Corporation. 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