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Protective Life Insurance Company was founded in 1907 and paid its first death claim in 1909. In 1927, Protective merged with Alabama National Insurance Company, and Alabama National's president, Samuel Clabaugh, became the president of the combined companies which continued to do business as Protective.
Protective Life Insurance Company Introduces Protective Indexed Annuity Unique features offer upside potential with downside protection BIRMINGHAM, Ala.--(BUSINESS WIRE)-- Protective Life ...
United Investors Life Insurance Company (UILIC) was an American life insurance company based in Birmingham, Alabama. It provided individual life insurance and annuity products . The Company became a wholly owned subsidiary of Protective Life Corporation in 2010 and was eventually merged with its parent company.
Permanent life insurance is life insurance that covers the remaining lifetime of the insured. A permanent insurance policy accumulates a cash value up to its date of maturation. The owner can access the money in the cash value by withdrawing money, borrowing the cash value, or surrendering the policy and receiving the surrender value.
Whole life insurance: Whole life insurance is a type of permanent life insurance that provides lifetime protection as long as you continue to pay the premium, with fixed premiums and cash value ...
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In insurance, the insurance policy is a contract (generally a standard form contract) between the insurer and the policyholder, which determines the claims which the insurer is legally required to pay. In exchange for an initial payment, known as the premium, the insurer promises to pay for loss caused by perils covered under the policy language.
Life insurance underwriting is the behind-the-scenes process that plays a pivotal role in shaping your policy. This methodical evaluation delves into your personal and health details, considering ...
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