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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 life insurance plans: ADA Term Life and Level Term Life, issued 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 insurance plan is the best fit for you and your family, take a moment to review this quick side-by-side comparison of the insurance plans. You can contact your Insurance Plan Specialist anytime at 866.607.5336 or ADAPlanSpecialist@protective.com for more information or a free rate quote.

See the terms and conditions of the policy for details.

Annual premium comparisons are projected for a 10-year term, rounded to the nearest dollar, and based on current age. Annually Renewable Term Life premiums increase annually based on age, are effective as of 01/01/2022 and include a 33% Premium Credit discount that shares favorable financial results with Plan participants. The Premium Credit discount 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. Eligible ADA members under age 60 are also eligible to apply for a 20-year term under the Level Term Insurance Plan. The comparisons above are shown for a 10-year term for illustrative purposes. 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 and Protective Life refer to Protective Life Insurance Company (PLICO) Nashville, TN, and its affiliates, including Protective Life and Annuity Insurance Company (PLAIC) located in Birmingham, AL. Insurance products are issued by PLICO in all states except New York, and in New York by PLAIC. Product availability and features may vary by state. Each company is solely responsible for the financial obligations accruing under the products it issues. Product guarantees are backed by the financial strength and claims-paying ability of the issuing company. Protective® is a registered trademark of Protective Life Insurance Company. The Protective trademarks, logos and service marks are property of Protective Life Corporation and are protected by copyright, trademark, and/or other proprietary rights and laws. ADA® is a registered trademark of the American Dental Association. The ADA trademarks, logos, and service marks are the property of the American Dental Association and used by Protective with permission.

TL-P 1-21 is term life insurance policy, TL-ST- P 2-21 is student term life insurance policy, LT-P 1-21 is a level term life insurance policy, and TP-P 11-20 is a universal life insurance policy issued by PLICO in all states except New York where it is issued under form (TL-P-NY 1-21, TL-ST-NY 2-21, LT-P-NY 2-21, TP-P-NY 2-21) by PLAIC. Policy form numbers, product features, and availability may vary by state. 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 American Dental Association (ADA). Each Plan participant will receive a Certificate of Insurance explaining the terms and conditions of the policy. In some states, the ADA is entitled to receive royalties from the ADA Members Insurance plans. An insured must maintain ADA membership throughout the selected term to remain eligible for insurance. For level term life insurance, premiums are fixed based on the member's age and coverage amount. For universal life insurance premium Credit is not guaranteed but reevaluated semi-annually. Recommended premiums consist of the cost of insurance (which may 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 depending on the amount maintained in the Policy Value Account.

IP-P 7-20 is a Disability Income policy, ST-P 8-20 is a student disability policy, OE-P 9-20 is an Office Overhead Expense Disability policy, CI-P 7-20 is a Critical Illness policy, HI-P 11-20 is a Hospital Indemnity insurance policy issued by PLICO in all states except New York where it is issued under form (IP-P-NY 12-20, ST-P-NY 1-21, OE-P-NY 1-21, CI-P NY, HI-P 7-20) by PLAIC. Policy form numbers, product features, and availability may vary by state. Consult the policy for benefits, riders, limitations, and exclusions. Benefits adjusted for misstatements of age or sex. Benefits are provided under a group policy and issued to the American Dental Association. Each Plan participant will receive a Certificate of Insurance explaining the terms and conditions of the policy. Premiums increase every five years for Disability Income. Premiums increase every 10 years based on age for Office Overhead Expense Disability. Premium credit is not guaranteed but reevaluated semi-annually.

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

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