About Protective Indexed Choice UL When you apply for a Protective Indexed Choice UL policy, you are placed in an underwriting category — a classi昀椀cation based on your current health and insurance risk factors that determines your policy rates. The policy also de昀椀nes issue age as follows: The minimum policy face amount (death bene昀椀t) is $100,000. There is no maximum face amount. In Juvenile 0–17 addition to the protection the death bene昀椀t o昀昀ers, you have two interest accounts that work together to help build cash value. Select Preferred 18–75 Withdrawals from your policy’s cash value are charged a $25 fee and will reduce your policy’s Preferred 18–80 death bene昀椀t amount, subject to minimums. Withdrawals will also impact lapse protection, and surrender charges may apply on a pro rata basis. Non-Tobacco 18–80 Loans are available after the 昀椀rst policy year, and interest is charged in arrears for all policy years. The guaranteed interest rate for loans is 8%, but Tobacco the current rate may be lower and is subject to 18–80 change at the discretion of Protective Life. Loans and withdrawals will impact the policy, and if you decide to fully surrender your policy during the 昀椀rst 19 years, there will be a charge that varies by age, gender and underwriting class. There are certain fees and charges associated with a Protective Indexed Choice UL policy. The premium load is a charge deducted from your premium payments before they are applied to your policy. While your policy is in force, all payments will be subject to a guaranteed premium load of 12%. The current premium load may be lower and is subject to change at the discretion of Protective. An administrative charge of $9 will also be deducted monthly, in addition to a monthly expense charge and monthly cost of insurance charge, which vary based on your policy details. 77