PLBD.3715 (05.12)

1. ExtendCare Addressing the growing need for chronic illness care PLBD.3715 (05.12)

2. Important Information Insurance products issued by Protective Life Insurance Company (PLICO), Birmingham, AL. Policy form numbers, product features and availability may vary by state. Centennial G II UL, policy form UL-15, is a flexible premium universal life insurance policy. Subject to underwriting. Subject to up to a 2-year contestable and suicide period. Benefits adjusted for misstatements of age or sex. Consult policy for benefits, riders, limitations and exclusions. In Montana, unisex rates apply. PLICO does not render legal or tax advice. Information in this presentation is based on current tax laws that are subject to change. All payments and all guarantees are subject to the claims paying ability of PLICO. ExtendCare rider (Form L627 8-10 or Form ICC10-P-R2) is available only at issue and at an additional cost. Actual terms and conditions contained in the rider govern all benefits provided. Please see the rider for more detailed information. Assumes medical and financial underwriting qualifications at time of initial application. The ExtendCare Rider is intended as a non-medical supplement to traditional long-term care policies and riders.

3. The Facts • 75% of people 65 and older will eventually need Long Term Care • About 75% of all single people and 50% of all couples spend their entire savings within one year of entering a nursing home • Custodial care, which makes up 90% of all home health care, is not covered by Medicare • For every one person receiving care in a nursing home, there are four people receiving home health care • 40% of the 13 million people receiving long-term care services are between the ages of 18 and 64. Sources: LTC Tree and U.S. Government Accountability Office

4. The Challenge Three primary means of paying for chronic illness care: Pay on your own (self-insure) Stand alone traditional long term care policy Medicare / Medicaid

5. The Solution • Protective Centennial G II Universal Life with ExtendCare Rider • No-lapse guarantee universal life* • Chronic illness accelerated death benefit rider • Cost effective UL provides a death benefit • Net of ExtendCare benefits paid • ExtendCare rider provides benefits prior to death • Up to $8,500 per month; up to 5% of policy face amount/mo. • Up to 100% of the death benefit may be paid for chronic illness benefits • Benefits paid on indemnity basis * The policy will not lapse due to insufficient funds as long as the Lapse Protection Account Value equals or exceeds policy debt. The amount of premium and any charges determine if the lapse protection is in effect. Loans, partial surrenders, policy changes, and any delinquent premium outlays will affect the length of the protection. The lapse protection guarantees the policy death benefit only, not the cash or surrender value. The ExtendCare Rider is intended as a non-medical supplement to traditional Long Term Care policies and riders.

6. ExtendCare Qualifications & Limits • Unable to perform 2 of 6 Activities of Daily Living • 90 or 365 day elimination period • Monthly benefit range of $1,000 to $8,500 • Can be changed annually while “on claim” • Minimum DB = $100,000 • Maximum DB = $1,000,000 • Rider available only at issue

7. Jack Tatum • 57 year old male, preferred non-tobacco class • Successful executive • Concerned about long term protection for his family and rising costs of chronic illness care Solution: $1,000,000 Protective Life Centennial GII UL policy with the ExtendCare Chronic Illness Rider for $5,000 per month

8. Jack’s Benefit Breakdown

9. Mary Simpson 67 year old female, non-tobacco class $250,000 in CDs that are about to mature 7 grandchildren Concerned about chronic illness expenses that are NOT covered by Medicare and Medicaid Solution: Mary purchases Protective’s Centennial GII UL with the ExtendCare Chronic Illness Rider.

10. Mary’s Benefit Breakdown $250,000 single premium purchases a $735,000 Centennial G-II Universal Life Policy with a $5,000-per-month ExtendCare Rider $735,000 Death Benefit Spend $300,000 on Chronic Illness Care $435,000 Guaranteed Death Benefit Remains • What is covered with ExtendCare? • Nursing home costs • Home health care • Family care • Assisted living • Hospice care • Professional nursing care • Adult daycare • Transportation • Home renovations

11. Why ExtendCare? • Indemnity payment method • No receipts or proof of care needed • Client specifies monthly benefit amount ($1,000 to $8,500; up to 5% of the Policy Face Amount) • No health license or additional CE required • Benefit can be used for • medical or non-medical • reasons

12. Why ExtendCare? • Premium flexibility with universal life policy • ExtendCare is offered on all risk classes (up to and including Table 4) • Maximum face amount of $1,000,000 • Issued up to and including age 80 • Family and informal care • allowed

13. Thank you! For more information or sales assistance please call us at 800-626-5888.

14. ExtendCare Addressing the growing need for chronic illness care PLBD.3715 (05.12)