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Protective Life Insurance Company
2801 Hwy 280 South
Birmingham AL 35223
This is a subsidiary of Protective Life Corporation ($29 billion in assets). Ratings as of 2/27/09.
       
AMBest:   A+
Moodys:  A2
Standard & Poors:  AA-
                             
 

Overall yield:

2.85 %

 

  
 

The interest is guaranteed for a total of:

10 Years

 

  
 

The surrender charges and/or MVA last:

10 Years

 

  
           
 

This rate is guaranteed the first 1 year(s):

2.85%

 

  
   

This rate is guaranteed for the next 9 years:

2.85%

 

  
   

Notes:

 
   

Anticipated Changes:

Rate effective 8-31-2010.

  
         
 
   
   
   
Policy Provisions
     

 
Regular Account Provisions
Qualified Account Provisions

 

 
(i.e Not IRA, etc.)
(e.g. IRA, etc.)

 

 

 

 

 

 

 

 

Max Issue Age of Owner NQ:

92

Max Issue Age of Owner Q:

92

 

 

Max Issue Age of Annuitant NQ:

92

Max Issue Age of Annuitant Q:

92

 

 

Min Single Premium NQ:

$10,000

Min Single Premium Q:

$10,000

 

 

Maximum Premium:

$2,000,000

Max age 85 in FL. Guaranteed periods may not extend beyond any owner's or annuitant's age 95.

 

 

 

 

 

 
Basic Terms
                 

 
Free Withdrawals
  

 

 

Annual Free Withdrawal:

Y

 

 

 

 
 

Free Withdrawals per year:

 1  

 

Free Withdrawal Notes:

 Once each contract year, interest earnings from prior contract year.

 
                     
 

Monthly Check Available:

 Y                
 

Monthly Check Notes:

 Automatic Interest Withdrawals (AIW) are available with minimum of $100 per payment monthly, quarterly, semi-annual or annually.  
             

 
Early Withdrawal Penalty Schedule
(Prior to Redemption Window)		  

 

 

 
Year
1
2
3
4
5
6
7
8
9
10

 

 

 

 
%
6
6
5
4
3
2
1
0
0
0

 

 

 

 
MVA
 Y Y Y Y Y Y Y Y Y Y

 
 
Nursing Home Waiver
    

 

Nursing Home Waiver:

 No    

 

 

Nursing Home Waiver Notes:

 

 

        

 
 
Estate Provisions
    
 

Surrender Penalties Waived at Death of:

 Owner  
 

Estate Provision Notes:

  
         
Plan Types
         

 

Regular (e.g. Non IRA):

Y

401k:

 Y

 

 

IRA:

Y

457:

Y

 

 

IRA Rollver:

Y

Keough:

No

 

 

SEP IRA:

Y

Profit Sharing:

No

 

 

Spousal IRA:

Y

Structured Settlement:

No

 

 

TSA:

No

 

 

 

 

 

 

 

 

 

 

 

 
                                     
Approved in The Following States:
                                 
 

State
AK
AL
AZ
AR
CA
CO
CT
DE
DC
FL
GA
HI
ID
IL
IN
  
 

Approved
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
 
 
 
 

State
IA
KS
KY
LA
ME
MD
MA
MI
MN
MS
MO
MT
NE
NV
NH
  
 

Approved
Y
Y
Y
Y
Y
No
Y
Y
Y
Y
Y
Y
Y
Y
Y
 
 
 
 

State
NJ
NY
NM
NC
ND
OH
OK
OR
PA
RI
SC
SD
TN
TX
UT
  
 

Approved
Y
No
Y
Y
Y
Y
Y
No
Y
Y
Y
Y
Y
Y
Y
 
 
 
 

State
VT
VA
WA
WV
WI
WY
 
 

Approved
Y
Y
No
Y
Y
Y
 
                                     
This information sheet has been compiled from sources believed to be accurate. This sheet is for informational purposes only and does not constitute part of the annuity agreement. Any errors or omissions on this sheet are not intended to mislead. The delivered fixed annuity contract represents the entirety of the annuity terms. Please read you annuity agreement immediately upon receipt and call with any questions you may have. Your complete satisfaction is very important to us.