Protective vs SBLI Life Insurance

  • YEAR FOUNDED
    1907
  • CURRENT CEO
    John D. Johns
  • AVAILABLE
    All 50 States
  • ADDRESS
    111 Congresional Blvd., Suite 500 Carmel, IN 46032
  • TOP AWARDS

    2010 Optimas Award from Workforce Management Magazine

  • PROS
    • Financially sound.
    • Competitive, comprehensive rates.
    • Flexible health guidelines.
  • CONS
    • Approval can take awhile.
    • Low tolerance for smoking.
  • YEAR FOUNDED
    1907
  • CURRENT CEO
    Michael Akker
  • AVAILABLE
    49 States
  • ADDRESS
    1 Linscott Road Woburn, MA 01801
  • TOP AWARDS

    Celent Model Insurer Award for 2017

  • PROS
    • Solid customer support
    • Competitive underwriting
    • Mutual life insurance company
  • CONS
    • Not available nationwide.
    • Credit card payments are not accepted after initial payment.
    • No online updates.
SOURCEProtectiveSBLI
JD Power774N/A
BBBA+A+
AM BestA+A+
Moody'sA1N/A
FitchA+N/A
Standard & PoorAA-A-
Comdex Score9284
SOURCEProtectiveSBLI
Total Assets$75 Billion USD (2016)$3 billion
Life Insurance in Force$767.3 Billion$170 billion
ProtectiveSBLI
Term Life InsuranceSBLI Term Life Insurance
Whole Life InsuranceSBLI Whole Life Insurance (Continuous Payment Whole Life, Limited Payment Whole Life, Single Premium Payment Whole Life)
Universal Life InsuranceSmartTerm 360
Variable Universal Life Insurance
Indexed Universal Life Insurance
Survivorship Universal Life Insurance
Life Insurance for Children
ProtectiveSBLI
Protective Custom Choice UL SBLI Term Life Insurance
Protective Advantage Choice ULSBLI Whole Life Insurance (Continuous Payment Whole Life, Limited Payment Whole Life, Single Premium Payment Whole Life)
Protective Classic Choice TermSmartTerm 360
Protective One Year Term
ProClassic II
ProClassic Legacy
Protective Classic Choice Term
Investors Choice VUL
Strategic Objective VUL
Survivorship Term
Survior UL
Protective Whole Life
ProtectiveSBLI
Accidental death benefit riderAccelerated death benefit
Accelerated death benefit riderChildren’s level term
Waiver of premium riderWaiver of premium
Disability income riderAccidental death benefit
Guaranteed insurability rider
Term insurance rider
Children’s term rider
Jonathan Holloway
October 13, 2019
John Holloway is a licensed life insurance agent and co-founder at NoExam.com
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