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ADA Term Life vs. ADA Level Term Life Insurance

See which insurance plan is the best fit for you and your family with this quick side-by-side comparison of the insurance plans.

Which one is right for you?

As an ADA member, you have access to two term life insurance plans: ADA Term Life and Level Term Life, underwritten by Protective Life. The main difference between the two:

  • The ADA Term Life Insurance Plan starts out with a low rate that gradually increases annually with age. You also have the flexibility of changing your coverage levels to meet your changing needs throughout life.
  • The ADA Level Term Life Insurance Plan offers the predictability of a fixed premium that lasts for a specified term of either 10 or 20 years.

To help you decide which term insurance plan is the best fit for you and your family, take a moment to review this quick side-by-side comparison. You can contact your Insurance Plan Specialist anytime at 866.607.5336 or ADAPlanSpecialist@protective.com for more information or a free rate quote.

Benefits may vary by state. Certain restrictions may apply. Please review your certificate for details.

*Proceeds payable under the policy upon the death of the terminally ill insured will be reduced by the amount of the Accelerated Benefit paid.

1Must be exchanged prior to the end of the 10-or 20-year term.

2The accidental death option benefit reduces by 50% at attained 66 and terminates at attained age 76.

3Expires at age 60.

Term Life premiums increase annually based on age, are effective as of 01/01/25 and include a 32% Premium Credit reduction that shares favorable financial results with Plan participants. The Premium Credit reduction is not guaranteed, but reevaluated periodically. Level Term premiums are fixed based on the selected duration of 10 or 20 years. Must maintain ADA Membership throughout selected Term. If the applicant does not qualify for Standard or Preferred rates, it may be possible to qualify for one of the two additional substandard rate classes.

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The information on this website is not a contract. Protective refers to Protective Life Insurance Company (PLICO) and its affiliates, including Protective Life and Annuity Company (PLAIC). PLICO, founded in 1907, is located in Omaha, NE and is licensed in all states excluding New York. PLAIC is located in Birmingham, AL, and is licensed in New York.

Protective® is a registered trademark of PLICO. The Protective trademarks, logos and service marks are property of PLICO and are protected by copyright, trademark, and/or other proprietary rights and laws. ADA® is a registered trademark of the American Dental Association (ADA). ADA Members Insurance Plans® is a registered service mark of the ADA. The ADA trademarks, logos, and service marks are the property of the ADA and used by Protective with permission. In some states, the ADA is entitled to receive royalties from the ADA Members Insurance Plans.

ADA Members Insurance Plans refers to the group life, disability, and supplemental medical policies issued by PLICO and PLAIC to the ADA.

Policies issued by PLICO in all states except New York: Term Life Insurance1 (TL-P 1-21), Student Term Life Insurance (TL-ST-P 2-21), Universal Life Insurance1 (TP-P 11-20), Level Term Insurance2 (LT-P 1-21), Disability Income Protection Insurance3 (IP-P 7-20), Office Overhead Expense Disability Insurance4 (OE-P 9-20), Student Disability Income Insurance3 (ST-P 8-20), Hospital Indemnity Insurance (HI-P 11-20) not available in New Mexico, and Critical Illness Insurance (CI-P 7-20).

In New York, policies issued by PLAIC: Term Life Insurance1 (TL-P-NY 1-21), Student Term Life Insurance (TL-ST-P-NY 2-21), Universal Life Insurance1 (TP-P-NY 2-21), Level Term Life Insurance2 (LT-P-NY 2-21), Disability Income Protection Insurance3 (IP-P-NY 12-20), Office Overhead Expense Disability Insurance4 (OE-P-NY 01-21), Student Disability Income Insurance1 (ST-P-NY 1-21), Hospital Indemnity Insurance (HI-P-NY 1-21), and Critical Illness Insurance (CI-P-NY).

Consult the policy for benefits, riders, limitations, and exclusions. Benefits adjusted for misstatements of age or sex. Benefits are provided under a group policy issued to the ADA. Each Plan participant will receive a Certificate of Insurance explaining the terms and conditions of the policy. An insured must maintain continuous ADA membership to remain eligible for insurance.

1For term life insurance and universal life insurance, premiums increase annually based on age. The Premium Credit is not guaranteed but reevaluated periodically. Universal life recommended premiums consist of the costs of insurance (which vary based on the member’s age and coverage amount), the amount a member places into the Policy Value Account and service charge. Premium deposits may fluctuate or remain level.

2For level term life insurance, premiums are fixed based on the member’s age, gender and coverage amount at issue.

3Premiums increase every five years based on age for disability income protection. Premium Credit is not guaranteed but reevaluated periodically.

4Premiums increase every 10 years based on age to age 60 and every 5 years thereafter to age 75 for office overhead expense disability. Premium credit is not guaranteed but reevaluated periodically.

Coverage for dental student members is issued regardless of condition if under age 60. Coverage automatically renews each academic year. Individuals may convert coverage to the plans for practicing dentists after graduation by paying member premiums and maintaining continuous ADA membership.

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