Protective Life Corporation and its subsidiaries provide financial security through insurance and investment products to individuals and families across the United States. Life insurance products are marketed through their Life and Annuity Division and West Coast Life Division and under the banners of three companies: Protective Life Insurance Company, West Coast Life Insurance Company, and Protective Life and Annuity Insurance Company (our New York licensed company).Their Acquisitions Division acquires blocks of policies from other companies. Having successfully invested in these transactions for many years, Protective Life Corporation have developed expertise and know-how in this area. Retirement savings and investment products, which consist of annuities, guaranteed investment contracts (GICs), and funding agreements, are marketed through the Life and Annuity Division and Stable Value Products Division. Finally, a variety of asset protection products, primarily credit insurance and service contracts, are offered through their Asset Protection Division.
Protective Life Insurance Company has had consistently high ratings from independent rating organizations who assign ratings measuring financial strength or claims-paying abilities. They consider factors such as overall operating performance, asset quality, financial flexibility, and capitalization. This wholly-owned subsidiary has insurer financial strength ratings of A+ (Superior, 2nd highest of 15 ratings) from A.M. Best, AA (Very Strong, 3rd highest of 21 ratings) from Standard & Poor's, A+ (Strong, 5th highest of 22 ratings) from Fitch, and A1 (Good, 5th highest of 21 ratings) from Moody's Investors Service.
Protective Life Corporation has grown and prospered through six generations of management. Protective Life Corporation have been fortunate to enjoy tremendous growth in sales, earnings, and assets - growth that has been driven by faithfulness to, and consistent application of, their core business principles over time.
