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Protective Life Insurance Company today announced the release of a new universal life insurance policy, Protective Centennial G II Universal LifeSM. The new product builds on Protective Life�s experience and expertise as an issuer of competitive and innovative permanent life insurance products. With its flexible lapse protection guarantee, Protective Centennial G II Universal LifeSM allows buyers to select death benefit guarantee periods that best suit their individual needs and circumstances. The product also offers improved long-term value and affordability at many ages, rate classes and premium funding scenarios. �Our enhanced Centennial G II UL product offers our producers one of the most competitive secondary guarantee universal life insurance products in the industry,� said Eric Miller, Vice President and National Marketing Director of Protective Life Insurance Company�s Life and Annuity Division. �Whether the need is for affordable family income replacement, estate planning, or business insurance applications, Protective Centennial G II UL can play an important role.� Protective Centennial G II UL provides flexible lapse protection options, including guaranteed death benefit coverage that can last the lifetime of the insured. The lapse protection premiums will vary according to the issue age, gender, face amount, length of lapse protection, and underwriting class (health status) of the proposed insured. Policy loans, partial surrenders, policy changes, or delinquent premiums may affect the length of the lapse protection and may cause the purchaser to lose the lapse protection. For over a century, Protective�s commitment to quality service and being a company that is easy to do business with -- combined with a full portfolio of consumer-friendly life and annuity products -- have made it the company of choice for top financial advisors, life insurance agents and their clients. Protective Centennial G II UL, policy form UL-15 and state variations thereof, is a flexible premium universal life insurance policy issued by Protective Life Insurance Company, 2801 Highway 280 South, Birmingham, AL 35223. Product features and availability may vary by state. Consult policy for benefits, riders, limitations, and exclusions. The policy is subject to underwriting and a two-year contestable and suicide period. Benefits adjusted for misstatements of age or gender. All payments and all guarantees are subject to the claims paying ability of Protective Life Insurance Company. About Protective Life Insurance Company Protective Life Insurance Company was built upon a belief in hard work and integrity. For over 100 years, the Company�s continued commitment to these timeless principles has been reflected in its dedication to three core values: quality, serving people, and growth. Protective Life Insurance Company�s values-oriented management philosophy was established by its founder, former Alabama Governor William Dorsey Jelks. Governor Jelks left an indelible imprint on the Company by insisting that quality � in products, in service, and in people � be the standard applied to every aspect of its business. Understanding that serving people begins with being worthy of their trust, Jelks� initial pledge to Protective Life�s customers, shareholders, and employees remains today the focus of the Company�s leadership. Over one hundred years later, Protective Life Insurance Company is one of the nation�s leading insurance companies, providing financial security to individuals and families across the country through a broad portfolio of life and specialty insurance and investment products. Drawing upon the strengths of the past, while maintaining a keen eye toward the future, the Company�s employees nationwide are dedicated to affirming the wisdom of our collective vision: Doing the right thing is smart business.�