® ® Protective Lifetime Assurance UL | About Protective Lifetime Assurance UL About Protective Lifetime Assurance UL When you apply for a Protective Lifetime Assurance Select Preferred 18 - 75 UL policy, you will be classi昀椀ed in an underwriting category. This classi昀椀cation will be based on your current health and insurance risk factors to Preferred 18 - 85 determine your policy rates. The policy also has de昀椀ned issue ages as follows: Non-Tobacco 18 - 85 The minimum policy face amount (death bene昀椀t) is $50,000 for applicants rated in the Non-Tobacco Tobacco 18 - 85 and Tobacco classes, and $100,000 for all other classes. There is no maximum face amount. Coverage length must be There are certain fees and charges associated with at least 20 years. a Protective Lifetime Assurance UL policy. Premium load 25% — applies to all policy years and premiums. Monthly administrative charge $5.50 — applies to all policy years but discontinues at age 121. Monthly cost of insurance charge Varies by issue age, gender, underwriting class, policy year and any ratings; discontinues at age 121. Monthly expense charge Per $1,000 of initial face amount; varies by age, gender, and underwriting class; applies to all policy years but discontinues at age 121. Living bene昀椀ts Cash value accumulation is unlikely. However, in certain scenarios, the Protective Lifetime Assurance UL policy earns a guaranteed annual e昀昀ective interest rate of 2.0%. The current credited rate could be higher and will be determined periodically by Protective Life. If you need to access your policy’s cash value, all withdrawals are charged a $25 fee and may reduce your policy’s death bene昀椀t amount, subject to minimums. Withdrawals will also impact lapse protection and surrender charges may apply. Loans are available after the 昀椀rst policy year and interest will be charged at 5% in arrears for all policy years. Keep in mind loans and withdrawals may impact the policy. 2