Protective Life Insurance Company, Tennessee (TN) : Overview, History, Contact Details, Coverage, Claims, Rating & Reviews

Protective Life Insurance Company is the primary subsidiary of Protective Life Corporation, headquartered in Birmingham, Alabama.

Protective Life Insurance has been serving customers since 1907 and now operates across all 50 states.

As of December 31, 2022, the corporation boasted a workforce of over 3,700 employees, with annual revenues reaching $6.6 billion and assets totaling $113.2 billion.

Protective Life Insurance Company
The Protective Life Insurance Company: Photo(AL)

Protective Life Corporation Subsidiaries

Protective Life Insurance History

The company was established in 1907 and settled its first death claim in 1909.

Over the years, the company experienced several significant developments:

In 1927, a merger with Alabama National Insurance, led by Samuel Clabaugh, saw him become president of the combined entity, which retained the name Protective.

In 1937, leadership transitioned to Col. William J. Rushton.

In 1969, William “Billy” J. Rushton III, the son of Col. Rushton, took over as the president, overseeing a series of acquisitions that expanded Protective’s presence to all 50 states.

Drayton Nabers Jr. took on the role of CEO in 1992, and in 1993, Protective Life Corporation was listed on the New York Stock Exchange as “PL.

In 1997, Protective Life acquired West Coast Life.

Nabers retired in 2002, and John D. Johns, a graduate of Harvard Business School, became the president and CEO.

Johns held these positions until 2017 and also served as chairman of the board from January 2003 to November 2019.

He had been a director since May 1997 and an employee of the company and its subsidiaries since 1993.

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In 2007, Protective Life celebrated its centennial, a year after acquiring Chase Insurance Group in 2006.

In 2013, the principal subsidiary, Protective Life Insurance, completed the acquisition of MONY Life Insurance Company.

And reinsured certain policies from MONY Life Insurance Company of America, with a total transaction price of $1.06 billion.

On July 1, 2017, Rich Bielen became the 7th president and CEO of Protective.

He joined the company in 1991 and assumed various roles, including chief investment officer and treasurer in 2002 and vice chairman and chief financial officer in 2007.

In January 2016, Bielen was appointed president and chief operating officer.

Protective Life Insurance Major Acquisition

On June 1, 2019, Protective achieved its largest transaction to date.

They acquired a substantial portion of the individual life and annuity business of Great-West Life & Annuity Insurance Company.

This deal represented an estimated capital investment of around $1.20 billion.

Protective Life has offices located in Alabama, Missouri, Kentucky, and Tennessee.

The Dai-ichi Life Insurance Company, Limited, based in Tokyo, Japan, acquired Protective Life Corporation on February 15, 2015.

Protective Life Insurance Company Contact Details

Business Address: 2801 Highway 280 S Alabama Birmingham

Customer Service Number: 800-866-9933

Claims Phone Number: 1-800-424-1592


Protective Life Insurance Company Coverage Options

Term Life Insurance:

  • Coverage for 10 to 40 years
  • Level monthly premiums
  • Coverage from $100,000 to $50 million
  • Convertible to a permanent policy
  • Online tools and tax-free death benefit

Whole Life Insurance:

Universal Life Insurance:

  • Custom Choice UL, Indexed Universal Life, and Variable Universal Life policies
  • Lifetime or 10-30 year coverage
  • Flexible premiums available
  • Coverage up to $50 million
  • Various interest crediting and investment options
  • Tax-deferred cash value and tax-free death benefit

Each policy has unique features and additional options for customization.

Protective Life Insurance Company Rating & Reviews

AM Best Rating: A+



Protective Life Insurance Company Claims Process

  1. Notify them:
  2. File a Claim:
    • Submit required documents, including the death certificate, and track your claim status online.
  3. Receive Funds:
    • Once approved, your benefit payment will be sent within one business day.
  4. Request Counseling:
    • After receiving your payment, seek financial planning assistance from Protective or your own advisor.

For more information visit their website or contact your nearest protective life insurance agent.

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