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Protective Life Insurance Company has been helping people since 1907. If you came here only to get quotes for life insurance just fill out the form on the side of this page. This page is dedicated to helping people get a feel for Protective life insurance and the history of the company. We also provide information on some of the other best life insurance companies HERE.
As mentioned above Protective Life was founded in 1907 and has been a solid insurance company ever since. They paid out their first death benefit in 1909. While growing steadily throughout they have seen great response from customers. In 1932 the company celebrated 25 year of service and Sixty-five million dollars of insurance. A short twenty five years later they hit one billion dollars of insurance in force. When they hit the 1980’s the company started acquiring other companies. 1983 saw they acquire Protective Life Insurance and Annuity Company. In 1997 Protective Life insurance solidified themselves as a national presence by acquiring West Coast Life (learn more about West Coast Life Insurance Company HERE). The company made their largest acquisition in 2006 when they purchased the Chase Life Insurance Group. This proved to be huge when the company celebrated their 100th anniversary the next year and came in with $252 billion of insurance in force.
Protective Life Insurance Company has received a rating of A+ from AM Best. AM is the leading analyst of the financial health of the companies that participate in the insurance industry. Receiving a rating of A+ means that Protective life receives a “Superior” rating in their ability to meet their financial obligations. This is the second highest rating that a company can receive from AM Best and places Protective life at the top of all companies in the insurance industry (to see the actual rating at the AM Best website click here). If you are considering using Protective Life for your life insurance needs you can rest assured that they will be able to pay out the benefit to your heirs.
Overall there is not much to dislike about this company. TermLife360.com is dedicated to helping you find the best term life insurance company for your needs. Whether Protective Life Insurance Company, Prudential, or some other company is the best match for your needs and budget we will be there to help you. We are an independent agent who shops all of the companies available in your area for the best coverage and rates. If you have any questions or if there is any way we can serve you please let us know.