Protective Classic Choice Term

Product Guide ® PROTECTIVE CLASSIC CHOICE TERM Life insurance

Protect the life you've created with simple, a昀昀ordable coverage You want to protect your family and take care of those you love. To face the future with more con昀椀dence and security, you need a supportive protector by your side and solutions that 昀椀t your life. That’s where we come in. We o昀昀er life insurance coverage that provides 昀椀nancial security to your loved ones and helps safeguard the life you’ve created should something happen to you. The protection you deserve is ® accessible with Protective Classic Choice term, a simple and a昀昀ordable life insurance policy that’s easy to understand and designed to 昀椀t your life.

Term life insurance: Protection that 昀椀ts in your budget Term life insurance is generally a budget-friendly option that’s designed to provide death bene昀椀t protection for a set period of time. Term insurance is a good option if you: Have a limited Have a family with Want to supplement Have short-term budget young children an existing life 昀椀nancial needs insurance policy Life insurance might be more a昀昀ordable than you think One of the most common myths about life insurance is around the cost. 15% of consumers say they haven’t bought life % insurance because it’s too expensive, 15 and more than 65% overestimate its true cost. % For instance, a 30-year-old could buy 65 a 35-year term policy for less than $25 a month. That’s about 6 cups of 1 gourmet co昀昀ee. Protective Classic Choice term policy, 35-year guarantee, Preferred Non-Tobacco, $250,000 death bene昀椀t. Premiums increase annually after the initial guaranteed premium period. ¹ LIMRA and LIFE Foundation 2019 Insurance Barometer Study. 1

® Protective Classic Choice term | How it works Term coverage that's just right for your life With Protective Classic Choice term, you can choose the amount of life insurance coverage you need from one of the following term periods. 10 15 20 Years Years Years 25 30 35 40 Years Years Years Years Guaranteed protection to cover everyday expenses and future goals The death bene昀椀t on your policy will be guaranteed and you’ll have the same recurring payment (known as a “premium”) each year during your term period. If you decide to keep your policy after the term period ends, the policy premiums will increase annually but the death bene昀椀t amount will remain guaranteed. The death bene昀椀t from your policy can help cover: Funeral Mortgage and College expenses car payments tuition Outstanding Household Weddings debts expenses 2

What you should know when you apply 10-year 18-80 When you apply for a Protective Classic plan (18-75 for tobacco class) Choice term policy, you are classi昀椀ed in an underwriting category (Select Preferred, 15-year 18-75 Preferred, Non-Tobacco or Tobacco). These plan (18-68 for tobacco class) categories are based on current health and medical history and determine your policy 20-year 18-70 rates. Each initial level bene昀椀t period also plan (18-62 for tobacco class) has issue age restrictions. 25-year 18-60 The minimum policy face amount (death plan (18-52 for tobacco class) bene昀椀t) is $100,000; there is no set maximum face amount. This applies to all issue ages and 30-year 18-58 all underwriting classes. plan (18-43 for tobacco class) 35-year 18-50 plan (18-40 for tobacco class) 40-year 18-45 plan (18-40 for tobacco class) 3

® Protective Classic Choice term | Securing your coverage What's next? If you decide that Protective Classic Choice term is the right 昀椀t for you, we'll help you apply for and secure coverage in 昀椀ve steps. 1 Your 昀椀nancial professional will have some forms for you to sign and might need to ask a few questions about your personal history for the application. 2 In most cases, a medical professional will contact you to schedule a checkup (usually done in your own home). 3 Your application will be sent to us for the underwriting process. 4 After the application is approved, you will receive a copy of your policy and you should notify your bene昀椀ciaries. 5 By paying your premiums on time, you can take comfort that your loved ones will be protected. 4

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We’re Protective Protective provides protection that 昀椀ts your life, because we believe everyone deserves a sense of security and protection. We’ve been protecting people for over 115 years, delivering on our promises and pushing to do more for more people. Because we’re all protectors. protective.com Protective refers to Protective Life Insurance Company (PLICO) and its a昀케liates, including Protective Life and Annuity Company (PLAIC). PLICO, founded in 1907, is located in Nashville, TN, and is licensed in all states excluding New York. PLAIC is located in Birmingham, AL, and is licensed in New York. Product availability and features may vary by state. Each company is solely responsible for the 昀椀nancial obligations accruing under the products it issues. Product guarantees are backed by the 昀椀nancial strength and claims-paying ability of the issuing company. 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 is a registered trademark and Classic Choice is a trademark. Not FDIC/NCUA Insured No Bank or Credit Union Guarantee May Lose Value Not Insured By Any Federal Government Agency Not a Deposit PLC.665207 (03.22)