Aspirations_Digital_Kit_2023
Are your preferred variable annuities designed to offer the highest guaranteed income for life? Protective® Aspirations Variable Annuity is. Not FDIC/NCUA Insured Not Bank or Credit Union Guaranteed Not a Deposit Not Insured By Any Federal Government Agency May Lose Value Protective refers to Protective Life Insurance Company. For Financial Professional Use Only. Not for Use With Consumers.
Saving for retirement is only half the battle Clients rely on you to provide strategies to help protect their unique aspirations for retirement, and an important objective of that plan is helping to secure lifetime income they can’t outlive. That’s why Protective® Aspirations variable annuity was designed to help clients achieve the highest guaranteed income in retirement while giving your clients the control and flexibility they need to help them actually reach their goals. With tax-deferred growth potential and a choice of flexible options for lifetime income and legacy protection, this highly-competitive income solution complements your clients’ portfolios while adding more security and protection to their retirement aspirations. Because everyone should retire with confidence. 2 For Financial Professional Use Only. Not for Use With Consumers.
Everything you need to help protect your clients’ retirement goals Holistic approach to retirement Competitive investment lineup • Asset protection and growth potential • Over 90 investment options from industry leading • Lifetime income fund managers spanning a broad range of asset classes • Wealth transfer • Tax-deferred growth potential Income flexibility Enhanced legacy planning • Offers the choice of two optional protected lifetime Multiple death benefit options to fit your clients’ income benefits unique needs. • SecurePay ProtectorSM Maximum Quarterly Value death benefit option increases benefit offers a 5% guaranteed annual compounded growth rate, with the opportunity the contract value and can be locked in each quarter. for additional growth by capturing annual market gains. SM • SecurePay Investor benefit is a cost-effective solution that offers access to world class investment options and Your sales team the ability to lock in investment gains annually. • Choose single or joint when income starts. Dedicated team of specialists, programs and tools that can SM help you serve your clients and attract new ones • Both options include the SecurePay Reserve benefit which provides the flexibility to defer up to 3x the AWA for use at a later time. Contact us For Financial Professional Use Only. Not for Use With Consumers. 3
Product specifications at a glance Client profile For clients (ages 0-85) looking for investment growth potential, lifetime income and legacy planning solutions Cost • Mortality and expense risk and administration charge: 1.20% • Contract maintenance fee: $35 During the first contract year, contract owners can After Year 1, the greatest of: Free withdrawals withdraw 10% of the initial investment without a 1) Earnings as of prior anniversary or surrender charge. 2) 10% of cumulative Purchase Payment as of prior anniversary or 3) 10% of contract value as of prior contract anniversary. Withdrawal charges 7 Years — 7%, 6%, 6%, 5%, 4%, 3%, 2% Standard death benefit: Contract value Availability ages Contract value lock-in Cost Standard Contract Value death benefit 0-85 N/A Included Death benefit options Return of purchase payments 0-85 N/A 0.20%* (annualized) Maximum Anniversary Value death benefit 0-77 Annually 0.35%* (annualized) Maximum Quarterly Value death benefit 0-77 Quarterly 0.40%* (annualized) Investment growth potential Over 90 fund investment options from top fund managers SecurePay Protector Benefit SecurePay Investor Benefit 5% compounding rollup and annual step-ups Annual step-ups 1.40% (1.50% RightTime) as a percentage of benefit base 0.50% (0.60% RightTime) as a percentage of benefit base Lifetime income options Chose single or joint when income starts SecurePay Reserve: Ability to defer up to 3x AWA during retirement SecurePay NH: Double withdrawal percentage up to 10% for up to 5 years as a result of 90-day nursing home stay Available ages 55-85 4 For Financial Professional Use Only. Not for Use With Consumers. * Less an adjustment for each prior withdrawal.
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Investment options from leading fund managers 6 For Financial Professional Use Only. Not for Use With Consumers.
Investment management With a variable annuity from Protective, you can diversify your investments among several options from established fund managers. We select each fund manager for their high level of professional credentials and experience. They’re responsible for implementing each respective investment option’s strategy and managing its portfolio trading activities. Tax-free transfers among the various investment options may help maintain your preferred level of diversification. Certain limitations apply, so please see the product prospectus for more information. Diversification neither assures a profit nor eliminates the risk of experiencing investment losses. See our investment options Protective Aspirations Variable Annuity offers over 90 investment options from leading fund managers allowing you to build diversified portfolios that align with your clients’ goals. Learn more For Financial Professional Use Only. Not for Use With Consumers. 7
8 For Financial Professional Use Only. Not for Use With Consumers.
Protector Maximize and protect retirement income with SecurePay Protector benefit • Guaranteed annual 5% compounding benefit Is your client a base growth • Annual step-ups can capture positive market protector or investor? performance and grow clients’ benefit base • Competitive, age-based withdrawal rates provide protected lifetime income Whether your client needs protected or lifetime income during retirement, or they’re looking to safeguard their market gains and maximize their savings – the optional Investor lifetime income benefits available with ® Maximize growth potential with Protective Aspirations variable annuity can help. SecurePay Investor benefit • 100% subaccount investment flexibility in quality investment options Curious which rider fits best with your clients’ • Cost-effective growth potential unique retirement goals? Download this quick guide. • Opportunities to lock in market gains with annual benefit base step-ups Download guide Allocation of Purchase Payments or Contract Value to the Fixed Account is not permitted under the SecurePay Investor or SecurePay Protector benefit. For Financial Professional Use Only. Not for Use With Consumers. 9
SecurePay Protector benefit ℠ The SecurePay Protector benefit offers a solution for clients who will rely on a guaranteed income stream, but still want the ability to capitalize on market-driven growth potential. 10 For Financial Professional Use Only. Not for Use With Consumers.
Income now or later Prioritizes guarantees and growth Seeks competitive withdrawal rates For Financial Professional Use Only. Not for Use With Consumers. 11
SecurePay Protector benefit Maximize clients’ guaranteed income with benefit base growth, regardless of market performance. • 5% compounding roll-up available for 10 years or until withdrawal begin Highlights • Annual step-ups lock in investment growth with up to 80% equity exposure during accumulation • Age-based withdrawal rates • Choose single or joint withdrawals when income starts Issue ages 55-85 Annual costs At issue: 1.40% of benefit base (1.50% for RightTime) The benefit base will increase by the greater of a 5% compounding roll-up or the investment Guaranteed growth growth annually. This opportunity occurs on every contract anniversary until it has occurred 10 times or until the owner begins taking withdrawals. SecurePay Reserve Defer up to a cumulative total of three times (3x) your annual withdrawal amount for distribution feature later without penalty or impacting the benefit base. Included at no additional cost. Provides higher withdrawal amounts for owners receiving qualifying nursing home care. 1 Withdrawal percentages can double, up to 10%, for 5 years as a result of a 90-day nursing home SecurePay NH stay. Included at no additional cost. RightTime Flexibility to add an optional GLWB after contract issue for only 0.10% 1 SecurePay NH nursing home enhancement may not be available in all states and may not be available with new contracts in the future. To qualify for SecurePay NH, the client must: Be confined to a qualified nursing care facility; be unable to perform two out of six specified Activities of Daily Living or be diagnosed with a severe cognitive impairment; have not been in a nursing home one year before and after purchasing an optional protected lifetime income benefit. Proof of continued qualification is required for each contract year in which this benefit is claimed. 12 For Financial Professional Use Only. Not for Use With Consumers.
Do your go-to VAs keep clients in control of their retirement income when plans change? Protective® Aspirations Variable Annuity does. Retiring early shouldn’t impact your client’s retirement income. That’s why Protective® Aspirations variable annuity was designed to add more security to your clients’ income goals with guaranteed, age-based withdrawal rates. SecurePay Protector benefit withdrawal rates (Effective October 3, 2022) WD Age Single Joint* WD Age Single Joint* WD Age Single Joint* WD Rates WD Rates WD Rates WD Rates WD Rates WD Rates 59.5-60 4.50% 4.00% 70 6.25% 5.75% 81 6.80% 6.30% 61 4.80% 4.30% 71 6.30% 5.80% 82 6.85% 6.35% 62 5.10% 4.60% 72 6.35% 5.85% 83 6.90% 6.40% 63 5.40% 4.90% 73 6.40% 5.90% 84 6.95% 6.45% 74 6.45% 5.95% 64 5.70% 5.20% 85 7.00% 6.50% 75 6.50% 6.00% 65 6.00% 5.50% 86 7.05% 6.55% 76 6.55% 6.05% 66 6.05% 5.55% 77 6.60% 6.10% 87 7.10% 6.60% 67 6.10% 5.60% 78 6.65% 6.15% 88 7.15% 6.65% 68 6.15% 5.65% 79 6.70% 6.20% 89 7.20% 6.70% 69 6.20% 5.70% 80 6.75% 6.25% 90-95 7.25% 6.75% *The joint rate is based on the age of the younger covered person. For Financial Professional Use Only. Not for Use With Consumers. 13
Allocation by Investment Categories (AIC) Investing with the for enhanced flexibility. optional SecurePay Protector benefit Protective preselected allocation options for a turnkey approach. Help clients customize a portfolio that aligns with their retirement strategy. Select from a blend of leading investment options or choose ® from preselected allocation options American Funds Insurance Series to simplify the process and leverage for objective-based growth potential. the power of tax deferral. Protective Life Dynamic Allocation Series portfolios to mitigate downside risk. 14 For Financial Professional Use Only. Not for Use With Consumers.
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Shifting aspirations from saving to living in retirement Your clients have different needs and face different challenges when saving for retirement versus living off their retirement savings. That’s why the options available in the accumulation phase are designed to help to provide growth opportunities for your clients’ assets based on market performance, while the ones available in the distribution phase are designed to make sure their income lasts for a lifetime. AVAILABLE DURING ACCUMULATION Select from a blend: Allocating by investment category (AIC) During the accumulation phase, clients can build a diversified portfolio that meets their needs by participating in our AIC program. Each investment option has been assigned to an investment category based on risk. Clients may allocate to any investment option across the following categories, provided they follow the minimum and maximum allocation requirements as indicated in the chart. Allocation guidelines Category Minimum allocation Maximum allocation Conservative 10% 100% Moderate 0% 60% Aggressive 0% 40% 16 For Financial Professional Use Only. Not for Use With Consumers.
AVAILABLE DURING ACCUMULATION The available investment options have been categorized for you: Conservative Moderate Aggressive ® American Funds IS-The Bond Fund of American Century VP Balanced I AB VPS Growth and Income B America Fund (4) ® American Funds IS - Asset Allocation Fund AB VPS Large Cap Growth B ® ® American Funds IS - US Gov Secs Fd BlackRock 60/40 Trgt Allc ETF VI III American Funds IS - Cptl Wld Gr & Inc Fd Columbia VP Intermediate Bond 2 ® BlackRock Global Allocation V.I. III American Funds IS - Global Growth Fund Columbia VP Limited Duration Credit 2 ® Columbia VP Balanced 2 American Funds IS - Growth Fund ® ® ® Fidelity VIP FundsManager 20% Portfolio Columbia VP Strategic Income 2 American Funds IS - Growth-Income Fund ® ® ® Fidelity VIP Investment Grade Bond Port Fidelity VIP Asset Manager Portfolio Service 2 American Funds IS - Intl Gr And Inc Fund Goldman Sachs VIT Core Fixed Income Svc ® ® Fidelity VIP Balanced Portfolio Service 2 American Funds IS - Washington Mutual Inv Invesco VI Government Securities II ® Fidelity VIP Target Volatility Service 2 ClearBridge Variable Dividend Strat Port Invesco VI US Government Mny Ptf I Franklin Income VIP 2 ClearBridge Variable Large Cap Gr Port Lord Abbett Series Short Duration Inc Pt ® ® Goldman Sachs VIT Trd Driv Alloc Svc Fidelity VIP FundsManager 85% Portfolio PIMCO VIT Low Duration Adv ® Invesco VI Balanced-Risk Allocation II Fidelity VIP Health Care Portfolio Service 2 PIMCO VIT Real Return Adv ® Invesco VI Cnsrv Bal II Fidelity VIP Index 500 Portfolio Service 2 PIMCO VIT Short-Term Adv ® Janus Henderson VIT Balanced Svc Fidelity VIP Mid Cap Portfolio Service 2 PIMCO VIT Total Return Adv Lord Abbett Series Fd Bd Debenture Port Franklin Rising Dividends VIP 2 Western Asset Core Plus VIT II Morgan Stanley VIF Core Fxd Inc II Goldman Sachs VIT Mid Cap Growth Svc Morgan Stanley VIF Global Strategist II Goldman Sachs VIT Strategic Growth Svc PIMCO Income Adv Invesco VI Comstock II PIMCO VIT All Asset Adv Invesco VI Equity and Income II PIMCO VIT Global Diversified Alloc Adv Invesco VI Growth and Income II PIMCO VIT High Yield Adv Janus Henderson VIT Forty Svc PIMCO VIT Long-Term US Govt Adv Lord Abbett Series Dividend Growth Port Protective Life Dynamic Allc Ser ModPort Lord Abbett Series Fund Fdmtl Eq Port Protective Life Dynamic AllcSerCnsrvPort Protective Life Dynamic Allc Ser Gr Port Templeton Global Bond VIP 2 T. Rowe Price Blue Chip Growth Port II For Financial Professional Use Only. Not for Use With Consumers. 17
AVAILABLE DURING ACCUMULATION AND DISTRIBUTION Take a turnkey approach with preselected allocation options available with SecurePay Protector benefit Available during both accumulation and distribution, the SecurePay Protector benefit includes preselected allocations for a more simplified investment option. This approach still offers some customization based on your clients’ growth goals and investment risk tolerance. Target allocation Growth Balanced Balanced Balanced Moderate Income Focus Growth Towards Growth & Towards Income Focus Growth Income Income % % % % % % % % % % % % % % 80 20 70 30 60 40 50 50 40 60 30 70 20 80 Equity Fixed Income 18 For Financial Professional Use Only. Not for Use With Consumers.
AVAILABLE DURING ACCUMULATION AND DISTRIBUTION ® For objective-based growth potential, explore American Funds Insurance Series pre-selected allocation options available with SecurePay Protector benefit * Protective Aspirations variable annuity also offers pre-selected allocation options featuring the American Funds Insurance Series. Each option blends individual funds within American Funds Insurance Series that can help meet your retirement goals. Target allocation Learn more about the Global U.S. Allocation Allocation available pre-selected Balanced Balanced Balanced Conservative Porfolio Porfolio allocation options here. % % % % % % % % Learn more 70 30 70 30 60 40 40 60 Equity Fixed Income For Financial Professional Use Only. Not for Use With Consumers. 19
AVAILABLE DURING ACCUMULATION AND DISTRIBUTION Help clients mitigate downside risk with Protective Life Dynamic Allocation Series portfolios Managed by Janus and sold exclusively by Protective, the Protective Life Dynamic Allocation Series can help you help clients remove the emotion from investing by the following rules-based process. How the portfolios work Weekly, the process measures each asset Based on the measure, a market If a shift is triggered, only 25% of the class’s current price against a benchmark, signal is triggered, causing each equity asset class’s target allocation is moved to which is the 252 day exponentially- allocation to either stay the same, or and from short-term investments on a weighted moving average. shift to or from short-term investments. weekly basis. MEASURE ACT MOVE NOTE: For more complete information, please see the prospectus for the Protective Life Dynamic Allocation Series. 20 For Financial Professional Use Only. Not for Use With Consumers.
AVAILABLE DURING ACCUMULATION AND DISTRIBUTION Moderate Portfolio Conservative Portfolio Equity % % Target 65 50 allocation Fixed income % % 35 50 U.S. Large Cap Equity 26.00% 20.00% U.S. Small Cap Equity 9.75% 7.50% U.S.High Growth Equity 9.75% 7.50% U.K. Equity 6.50% 5.00% European Equity 6.50% 5.00% Japan Equity 3.50% 2.50% Asia Equity (excluding Japan) 3.50% 2.50% Fixed Income 35.00% 50.00% Total 100% 100% Available during ACCUMULATION Available during DISTRIBUTION For Financial Professional Use Only. Not for Use With Consumers. 21
SecurePay Investor benefit ℠ The SecurePay Investor benefit offers a solution for clients who want to capture market gains and maximize their retirement income with a safety net of guaranteed income for life, should they need it later. 22 For Financial Professional Use Only. Not for Use With Consumers.
Income maybe Prioritizes investment flexibility Seeks growth potential For Financial Professional Use Only. Not for Use With Consumers. 23
SecurePay Investor benefit Maximize growth potential with the optional SecurePay Investor benefit • Full access to the subaccount investment lineup • Choose single or joint withdrawals when Highlights • Annual step-ups lock in investment growth income starts • Age-based withdrawal rates Issue ages 55-85 Annual costs At issue: 0.50% of benefit base (0.60% for RightTime) SecurePay Defer up to a cumulative total of three times (3x) your annual withdrawal amount for distribution Reserve feature later without penalty or impacting the benefit base. Included at no additional cost. Provides higher withdrawal amounts for owners receiving qualifying nursing home care. SecurePay NH Withdrawal percentages can double, up to 10%, for 5 years as a result of a 90-day nursing home stay. Included at no additional cost. RightTime Flexibility to add an optional GLWB after contract issue for only 0.10% 24 For Financial Professional Use Only. Not for Use With Consumers.
SecurePay Investor withdrawal rates (Effective July 11, 2022) WD Single Joint* WD Single Joint* WD Single Joint* Age WD Rates WD Rates Age WD Rates WD Rates Age WD Rates WD Rates 59.5-60 3.00% 2.50% 70 4.00% 3.50% 80 5.00% 4.50% 61 3.10% 2.60% 71 4.10% 3.60% 81 5.10% 4.60% 62 3.20% 2.70% 72 4.20% 3.70% 82 5.20% 4.70% 63 3.30% 2.80% 73 4.30% 3.80% 83 5.30% 4.80% 84 5.40% 4.90% 64 3.40% 2.90% 74 4.40% 3.90% 85 5.50% 5.00% 65 3.50% 3.00% 75 4.50% 4.00% 86 5.60% 5.10% 66 3.60% 3.10% 76 4.60% 4.10% 87 5.70% 5.20% 67 3.70% 3.20% 77 4.70% 4.20% 88 5.80% 5.30% 68 3.80% 3.30% 78 4.80% 4.30% 89 5.90% 5.40% 69 3.90% 3.40% 79 4.90% 4.40% 90-95 6.00% 5.50% * The joint rate is based on the age of the younger covered person. For Financial Professional Use Only. Not for Use With Consumers. 25
Built-in options to prepare for the unexpected Clients want to be confident that their retirement goals are protected, no matter what life has in store. Start building confidence with a protected lifetime income stream that offers the control and flexibility you need to react to changes in your clients’ retirement plans. Available with both optional lifetime income benefits, Protective Aspirations variable annuity offers these thoughtful, value-added features to help clients who need more flexibility. 26 For Financial Professional Use Only. Not for Use With Consumers.
See additional features For Financial Professional Use Only. Not for Use With Consumers. 27
Clients can adjust income as they see fit with the SecurePay Reserve Benefit The SecurePay Reserve benefit is included with the Protective Aspirations variable annuity optional protected lifetime income benefits — SecurePay Protector and SecurePay Investor. How the SecurePay Reserve benefit works Once your client begins Clients can defer up to a In the following year(s), taking income*, they may maximum of three times they can take all or a withdraw the full annual their current annual portion of their reserved withdrawal amount from withdrawal amount. amount until it is depleted. their contract each year, or When they’re ready to Once depleted, they may choose to take a smaller access their balance, they use the SecurePay Reserve amount and utilize the can withdraw up to the entire Benefit to continue to defer SecurePay Reserve benefit, amount, plus the annual payments. which allows them to rollover withdrawal amount available the difference into in the current year. subsequent years. *Applies to income benefit payments, not contract annuitization. Download 28 For Financial Professional Use Only. Not for Use With Consumers.
Jane is a 65-year-old female who’s considering adding a variable annuity to her portfolio. After consulting with her financial professional, she invests in a Protective Aspirations variable annuity with the SecurePay Protector benefit. The chart below shows how Jane used the SecurePay Reserve benefit to support her income needs in retirement. JANE Jane now decides to Jane's reserved amount reaches the maximum value (3x her annual $60,000 take a trip and help withdrawal amount) of $36,000. Jane begins income with a maximum her grandchildren Jane withdraws the full reserve amount (3x her annual withdrawal annual withdrawal amount of $12,000. with college expenses amount) using SecurePay Reserve. She is also able to withdrawal $50,000 and takes a $12,000 her current year's benefit of $12,000, making her total withdrawal withdrawal. amount $48,000. $40,000 At 72, Jane gains another income Now that Jane’s reserve amount is depleted, she can start $30,000 source and decides to defer all of her taking her usual $12,000/year withdrawals, or take less and annual withdrawal amount. continue to defer funds by using SecurePay Reserve Withdrawal amount$20,000 to rollover the excess income. $10,000 $0 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 Age Actual amount withdrawn Annual withdrawal amount (AWA) Reserve amount This chart is hypothetical and for illustrative use only. It is intended solely to demonstrate the SecurePay Reserve benefit. The chart is not intended to forecast, imply or guarantee performance of any investment. Actual performance may vary. This hypothetical example assumes a 65 year-old female makes a single premium investment of $200,000 in Protective Aspirations variable annuity with the SecurePay Protector benefit selected at issue. There is no deferral period and she elects to begin taking her SecurePay Protector withdrawals at age 65 at a 6.00% withdrawal rate. She defers her annual withdrawal amount using the SecurePay Reserve feature at ages 72, 73, and 75 until her account reaches the maximum deferred amount. At age 76 she elects to take her full reserved amount plus her current year AWA. Once benefit withdrawals have begun, you may take less than the annual withdrawal amount and reserve the remainder for later. The reserve can be no larger than: 1) 3x the annual withdrawal amount or 2) the current account value. Withdrawals are taken from the reserve first, then the annual withdrawal amount. For Financial Professional Use Only. Not for Use With Consumers. 29
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SecurePay NH Living longer and the costs associated with aging can have a significant impact on your clients’ retirement savings. Preparing now for potential nursing home care is an essential part of their long-term planning. In certain situations, SecurePay NH allows clients to double their annual withdrawal percentage to a maximum of 10% for up to five years if confined to a nursing home and meet certain eligibility requirements. It can provide another layer of protection if plans change. RightTime The solutions you choose to help protect your clients’ retirement income should be flexible enough to react to their changing needs over time. With RightTime, clients can make their decision later for an additional 0.10% to the optional income benefit fee versus adding an optional guaranteed income benefit at issue. This way, they don’t have to decide upfront — they have the flexibility to add an income option later for no additional fee. For Financial Professional Use Only. Not for Use With Consumers. 31
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Multiple options to enhance legacy protection ® Protective Aspirations variable annuity gives clients the flexibility, control and protection they need to streamline the wealth transfer process. And with one standard death benefit option included at no additional cost, and three enhanced death benefit options, it can be tailored to fit your clients’ unique needs. Enhanced death benefit options: Help your clients provide for Return of Purchase Payments death benefit their loved ones and transfer Returns the investment or contract value, whichever is greater at wealth efficiently. time of death, less withdrawals.2 Maximum Anniversary Value death benefit Market gains can be locked in each contract anniversary to increase the Download the Brochure value of the death benefit, less any withdrawals.3 Maximum Quarterly Value death benefit Market gains can be captured to increase the death benefit on a quarterly basis, less any withdrawals.4 2. The Return of Purchase Payments death benefit is available at an additional cost equal to 0.20% (on an annualized basis) of the death benefit at the beginning of each contract month. Your clients’ retirement aspirations are worth protecting. Learn how Protective Aspirations 3. The Maximum Anniversary Value death benefit is available at variable annuity can help you build a customizable solution for maximizing your clients' an additional cost of 0.35% (on an annualized basis) of the guaranteed income, tax-deferred growth potential, and financial legacy. death benefit at the beginning of each contract month. 4. The Maximum Quarterly Value death benefit is available at an additional cost equal to 0.40% (on an annualized basis) of the Contact your Protective representative at 888-340-3428 death benefit at the beginning of each contract month. for more information. For Financial Professional Use Only. Not for Use With Consumers. 33
Make a difference in your client’s retirement At Protective, our promise is in our name: we help you protect retirement. See how the Protective Aspirations variable annuity can help your clients that are looking for investment growth potential, lifetime income and legacy planning solutions. Best of all, our promises are backed by a company with the financial strength to deliver on its promises. Contact your sales team ® Learn more about Protective Aspirations Variable Annuity and tap into a dedicated team of specialists, programs and tools that can help you better serve your clients. Get in touch 34 For Financial Professional Use Only. Not for Use With Consumers.
For Financial Professional Use Only. Not for Use With Consumers. 35
finpro.protective.com Protective is a registered trademark of Protective Life Insurance Company. The Protective trademarks, logos and service marks are property of Protective Life Insurance Company and are protected by copyright, trademark, and/or other proprietary rights and laws. Protective refers to Protective Life Insurance Company (PLICO), Nashville, TN. Variable annuities are distributed by Investment Distributors, Inc. (IDI), a broker-dealer and the principal underwriter for registered products issued by PLICO. IDI is located in Birmingham, AL. SecurePay NH nursing home enhancement may not be available in all states and may not be available with new contracts in the future. To qualify for SecurePay NH, the client must: Be confined to a qualified nursing care facility; be unable to perform two out of six specified Activities of Daily Living or be diagnosed with a severe cognitive impairment; have not been in a nursing home one year before and after purchasing an optional protected lifetime income benefit. Proof of continued qualification is required for each contract year in which this benefit is claimed. Protective Aspirations variable annuity is a flexible premium deferred variable and fixed annuity contract issued by PLICO in all states except New York under policy form series VDA-P-2006. SecurePay Investor benefits issued under rider form number VDA-P-6063. SecurePay Protector benefits issued under rider form number VDA-P-6061. SecurePay Nursing Home benefits issued under form number IPV-2159. Policy form numbers, product availability and product features may vary by state. Variable annuities are long-term investments intended for retirement planning and involve market risk and the possible loss of principal. Investments in variable annuities are subject to fees and changes from the insurance company and the investment managers. Investors should carefully consider the investment objectives, risks, charges and expenses of a variable annuity, any optional protected lifetime income benefit, and the underlying investment options before investing. This and other information is contained in the prospectuses for a variable annuity and its underlying investment options. Investors should read the prospectuses carefully before investing. Prospectuses may be obtained by contacting PLICO at 800-456-6330. Not FDIC/NCUA Insured Not Bank or Credit Union Guaranteed Not a Deposit Not Insured By Any Federal Government Agency May Lose Value PABD.4391419.12.22 For Financial Professional Use Only. Not for Use With Consumers.