Rate information contained herein is obtained by Schwab from AnnuityRateWatch.com, Inc. While Schwab believes such third-party information is reliable, we do not guarantee its accuracy, timeliness, or completeness.

All guarantees depend on the claims-paying ability and financial strength of Protective Life Insurance Company, not Schwab.

1. When market index performance is positive, this strategy credits interest equal to the market index performance - up to a maximum of the interest rate cap in effect for that year. This option guarantees the interest rate cap to be locked in and remain constant for the entire surrender change period, then subject to change annually thereafter. When market performance is flat or negative, no interest is credited for that year.

Early withdrawal charges may applySimla Stock. See Schwab.com for withdrawal charge schedule.

Annuities are long-term contracts intended for retirement planning.

Minimum initial deposit is $100,000Bangalore Stock Exchange. Additional purchase payments are permitted within the first contract year. These are applied to an interest bearing Holding Account and remain there until the next contract anniversary.

The S&P 500 Index is a product of S&P Dow Jones Indices LLC, a division of S&P Global, or its affiliates ("SPDJI"), and has been licensed for use by Protective Life. Standard & Poor's® and S&P® are registered trademarks of Standard & Poor's Financial Services LLC, a division of S&P Global ("S&P"); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Protective LifeNagpur Stock. Protective indexed and index-linked annuities are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, or their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500 Index.

The Protective Indexed Annuity II is not an investment in any index, is not a security or stock market investment, does not participate in any stock or equity investment, and does not contain dividends.

Protective Indexed Annuity II is not available in New York.

For nonqualified contracts, an additional 3.8% federal tax may apply on net investment income. If withdrawals and other distributions are taken prior to age 59½, an additional 10% federal tax may apply. A withdrawal charge and a market value adjustment (MVA) also may apply. Withdrawals will reduce the contract value and the value of the death benefits, and may reduce the value of any optional benefits.

IRAs and qualified plans–such as 401(k)s and 403(b)s–are already tax deferred. Therefore, a deferred annuity should be used only to fund an IRA or qualified plan to benefit from the annuity's features other than tax deferral. These include lifetime income and death benefit options.

All non-guaranteed components of the indexing formula may change and could be different in the future. Indexed interest could be less than that earned in a traditional fixed annuity, and could be zero. For product details, benefits, limitations and exclusions, please consult the contract, product guide disclosure statement. These documents describe the terms and conditions that control the insurance company's contractual obligations.

The Protective Indexed Annuity II is a limited flexible premium deferred indexed annuity contract with a limited market value adjustment, issued under policy form series FIA-P-2010 or FIA-P-2011. SecurePay SE is provided under form series FIAP-6022. The Protective Indexed Annuity II is issued by Protective Life Insurance Company located in Brentwood, TN. Policy form numbers, product availability and features may vary by state. Insurance product and rider guarantees, including optional benefits and any fixed crediting rates or annuity payout rates, are backed by the financial strength and claims-paying ability of Protective Life Insurance Company. They are not backed by the independent third party from which this annuity is purchased, including the broker/dealer, by the insurance agency from which this annuity is purchased, or any affiliates of those entities, and none makes any representations or guarantees regarding the claims-paying ability of Protective Life Insurance Company.