Submit Term Conversion Applications Electronically

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We offer policyholders who own a qualifying life insurance policy the ability to convert or exchange their policy to an eligible Protective permanent insurance option without providing evidence of insurability.

You can now submit a term conversion application digitally through our Velocity EZ-App platform. This platform is accessible through your agency’s dedicated EZ-App link. Submitting applications online increases in-good-order processing and provides a more streamlined submission.

Protective Life maintains two portfolios of products available for conversion: Basic Conversion Products and Expanded Conversion Products.

Basic Conversion Products: Expanded Conversion Products:
  • ProClassic LegacySM UL
  • Protective Non-Participating Whole Life*
  • Protective Advantage ChoiceSM UL
  • Protective Indexed ChoiceSM UL
  • Protective Lifetime AssuranceSM UL
  • Protective® Strategic Objectives II VUL
  • ProClassic LegacySM UL
  • ProClassic IISM UL
  • ProClassic IISM UL NY*
  • Protective Non-Participating Whole Life*

 

In Force Business: Products Available for Conversion:
Protective Secure-T policies, Protective Life and West Coast Life term policies (other than Protective® Classic Choice Term).

These policies can convert to Expanded Conversion Products until the end of the calendar year of their eighth policy anniversary.

  • For 2023, policies issued on or after 1/1/2015 can access Expanded Conversion Products.

After the end of the calendar year of their eighth policy anniversary, these policies can convert to Basic Conversion Products.

  • For 2023, policies issued before 1/1/2015 can access Basic Conversion Products. 
Protective Custom ChoiceSMUL (10-30 year options and lifetime plans) Expanded Conversion Products available
Protective Benefit Plan Group term policies (BPG-Worksite Marketing) Protective Non-Participating Whole Life
Athene (Liberty Life Insurance) term policies Athene Non-Par Whole Life
All other Protective Life, West Coast Life, Empire General, and all other acquired term policies Basic Conversion Products available
Protective® Classic Choice Term 10 year Years 1-5: Expanded Conversion Products available
Years 6-8, Basic Conversion Products available
Protective® Classic Choice Term 15 year Years 1-5: Expanded Conversion Products available
Years 6-13: Basic Conversion Products available
Protective® Classic Choice Term 20/25/30/35/40 years Years 1-5: Expanded Conversion Products available
Years 6-18: Basic Conversion Products available
Protective® Classic Choice Term 10/15/20 year conversion rights expire at the earlier of the level premium term period – less two years or the anniversary nearest the insured’s 70th birthday, whichever comes first.
Protective® Classic Choice Term 25/30-year conversion rights expire at the earlier of 18 years, or the anniversary nearest the insured’s 70th birthday, whichever comes first.

Program Details

  • No evidence of insurability is required.
  • In the first 12 months of the policy being issued, the agent will receive net commissions.
  • Full commissions will apply after the policy’s first anniversary.
  • Any conversion credits are not commissionable.
  • For New York policies, the conversion policy reverts to the state of the original term policy (i.e., a New York term policy will be converted to a New York permanent policy, even if the owner has moved to another state by the time of the conversion).
  • For Protective Secure-T and Protective Custom Choice UL products, partial conversion is available after the first policy year.
  • The Protective Preserver II and the Protective Preserver II Plus single premium variable life products are not available for conversion.
  • For conversion information on Survivorship Term products, please contact our Policy Revisions department at 800-333-3418, option 6.
  • Available conversion products and rules are subject to change at any time.