® Protective Aspirations Variable Annuity 1 If the contract value is reduced to zero due to bene昀椀t withdrawals, the contract will be annuitized and the client will begin receiving monthly income payments in an amount equal to their last Annual Withdrawal Amount, divided by 12. 2 Source: Protective internal competitor tracking 12/20/2022. Product speci昀椀cations including roll-up rates and annual withdrawal rates gathered from carrier prospectuses and rate sheets 昀椀led with the SEC. Carriers selected represent the largest sellers of traditional individual variable annuities with guaranteed lifetime withdrawal bene昀椀ts (LIMRA LOMA Q3 2022 US Individual Annuity Industry Sales Report). Products and riders selected represent those o昀昀ering the highest level of guaranteed lifetime income with no decreases in withdrawal amount when the contract value is depleted. 3 Available for a 0.50% fee at issue (0.60% with RightTime) as a percentage of the bene昀椀t base. 4 The 6% at age 65 is for a single lifetime withdrawal rate. The joint lifetime withdrawal rate would be 5.50%. 5 If on a contract anniversary, the contract value is less than 50% of the current bene昀椀t base, the 5% guaranteed growth rate will be suspended during that contract year, and the bene昀椀t base will remain unchanged. The 5% guaranteed growth rate will continue to be available annually until 10 bene昀椀t base increases have occurred or until bene昀椀t withdrawals have begun, if earlier. 6 Bene昀椀t base lock-in opportunities occur annually on contract anniversary until age 95. 7 Once withdrawals have begun, the client may take less than their annual withdrawal amount and reserve no more than 1) 3x the annual withdrawal amount or 2) their current account value. Protective refers to Protective Life Insurance Company (PLICO), Nashville TN, and its a昀케liates. Variable annuities are distributed by Investment Distributors, Inc. (IDI), a broker-dealer and the principal underwriter for registered products issued by PLICO, its a昀케liate. IDI is located in Birmingham, AL. Protective® is a registered trademark of PLICO. The Protective trademarks, logos and service marks are property of PLICO and are protected by copyright, trademark, and/or other proprietary rights and laws. Protective Aspirations variable annuity is a 昀氀exible premium deferred variable and 昀椀xed annuity contract issued by PLICO in all states except New York under policy form series VDA-P-2006. SecurePay Investor bene昀椀t issued under rider form number VDA-P-6063. SecurePay Protector bene昀椀t issued under rider form number VDA-P-6061. Policy form numbers, product availability and product features may vary by state. Product guarantees are subject to the 昀椀nancial strength and claims-paying ability of PLICO. 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 charges from the insurance company and the investment managers. Protective does not recommend or endorse any particular investment option and does not provide investment advice. Neither Protective nor its representatives o昀昀er legal or tax advice. Purchasers should consult their attorney or tax advisor regarding their individual situation. Withdrawals may be subject to income tax and, if taken prior to age 59½, an additional 10% IRS tax penalty may apply. More frequent withdrawals may reduce earnings more than annual withdrawals. During the withdrawal charge period, withdrawals in excess of the penalty-free amount may be subject to a withdrawal charge. Withdrawals reduce the annuity’s remaining death bene昀椀t, contract value, cash surrender value and future earnings. Investors should carefully consider the investment objectives, risks, charges and expenses of a variable annuity, any optional protected lifetime income bene昀椀t, 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. PABD.4372456 (01.24) Not FDIC/NCUA Insured Not Bank or Credit Union Guaranteed Not a Deposit Not Insured By Any Federal Government Agency May Lose Value For Financial Professional Use Only. Not for Use With Consumers. 昀椀npro.protective.com