What is the phone number for Protective Life Insurance?
1 (800) 866-9933
Protective Life/Customer service
What is an immediate benefit account?
The Immediate Benefit Account (IBA) is a retained asset account that offers a convenient way to access your money, earn interest and take your time to make investment decisions. An IBA is an interest-bearing draft account (similar to a checking account) for your benefit.
What is Protective account?
Your Protective account lets you conveniently access, store, and download account statements and documents – anytime, anywhere. Sign in or register today to save time and minimize the need for paper records.
Who did Protective Life Insurance Buy?
Insurer Buys Policies The Protective Life Corporation said today that its main operating subsidiary, the Protective Life Insurance Company, had agreed to acquire a block of insurance policies for $31 million from the Calfarm Life Insurance Company.
Are life insurance payouts taxed?
Answer: Generally, life insurance proceeds you receive as a beneficiary due to the death of the insured person, aren’t includable in gross income and you don’t have to report them. However, any interest you receive is taxable and you should report it as interest received.
What does conversion expiry date mean?
The conversion privilege will likely have an expiration date, meaning the policyholder has until then to convert to a permanent policy. Although the conversion guarantees coverage under a permanent policy regardless of the person’s health, the premium can be increased based on their age at conversion.
What is a 712?
What is an IRS Form 712? IRS Form 712 is a gift or estate tax form that may need to be filed with the deceased’s final estate tax return. At the request of the Estate’s administrator/executor, we will complete this form to provide the value of the policy as of the date of death.
Do Banks Report life insurance checks?
Generally, life insurance proceeds you receive as a beneficiary due to the death of the insured person, aren’t includable in gross income and you don’t have to report them. However, any interest you receive is taxable and you should report it as interest received.
Is AIG good for life insurance?
In 2020, AIG won the ‘Best Added Value Provider’ and ‘Best Individual Life Insurance’ at the Cover Excellence Awards. At the Protection Review Awards AIG picked up the award for ‘Best Underwriting and Claims 2020’.
Does Protective Life Insurance accept credit cards?
How can I pay my Protective Life bill? You can pay them directly on this website. Or pay on doxo with credit card, debit card, Apple Pay or bank account.
Is West Coast Life Now protective?
West Coast Life was founded in 1906. It was acquired by Protective Life Corporation in 1997. Originally based in San Francisco, California, its headquarters is now in Birmingham, Alabama….Pricing.
| Term | Monthly Premium for a Woman | Monthly Premium for a Man |
|---|---|---|
| 40 Years | $40.33 | $54.90 |
Who owns West Coast life?
Protective Life
Protective Life Insurance Company
West Coast Life Insurance Company/Parent organizations
How do I contact West Coast life insurance company?
Here is that contact information. 1-800-611-9622 If you are looking for a new policy so that our agents will confirm your best options and rates going forward. Although West Coast Life Insurance Company is now a distant memory, you have nothing to worry about.
What is the history of West Coast life insurance?
West Coast Life was founded in 1906 and Protective Life in 1907. The two companies have forged the experience of almost 200 years in the life insurance business in America. West Coast Life’s history includes more company “firsts” than most other companies can even imagine.
What happened to agagents West Coast life?
Agents enjoyed offering West Coast Life for several reasons that included competitive pricing and unique underwriting niches. However, in 1997, Protective Life Acquired West Coast Life as part of a merger. All in force business was taken over by Protective Life Insurance Company.