Exhibit 99.1
Pricing Supplement No. · Dated: | Rule 424(b)(·) |
(To Prospectus Dated , 200 , and | File No. · |
Prospectus Supplement dated , 200 ) |
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Pricing Supplement No. |
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This Pricing Supplement consists of · pages |
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Protective Life Insurance Company
Sponsor and Depositor
InterNotes®
Issued Through
Protective Life Secured Trust ·
1. The Notes
Trade Date:
Original Issue Date:
Minimum Denominations/Increments: $
CUSIP |
| PRINCIPAL |
| PRICE |
| CONCESSION |
| NET |
| INTEREST |
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INTEREST |
| STATED |
| SURVIVOR’S |
| REDEMPTION |
| REPAYMENT |
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SECURITIES EXCHANGE |
| FUNDING |
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Terms of Survivor’s Option:
1
Annual Put Limitation: | ¨ $2,000,000 or 2%; or |
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| ¨ $ or % |
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Individual Put Limitation: | ¨ $250,000; or |
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| ¨ $ |
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Trust Put Limitation: $
Optional Redemption Terms:
Optional Redemption Dates:
Initial Redemption Percentage:
Annual Percentage Reduction (if any):
Redemption: | ¨ In whole only and not in part |
| ¨ May be in whole or in part |
Optional Repayment Terms:
Optional Repayment Dates:
Optional Repayment: | ¨ In whole only and not in part |
| ¨ May be in whole or in part |
Form of trust: ¨ Delaware statutory trust ¨ Delaware common law trust
Trust Expiration Date:
Special Tax Considerations:
Rating of Notes: S&P Moody’s
Securities Exchange Listing: ¨ No ¨ Yes, Name of Exchange:
Additional Terms:
Agents:
2. The Funding Agreement(s)
Funding Agreement Issuer: Protective Life Insurance Company
Deposit Amount:
Effective Date:
Interest Rate:
Interest Payment Frequency:
Stated Maturity Date:
Survivor’s Option: ¨ Yes ¨ No
If yes:
Annual Put Limitation: | ¨ $2,000,000 or 2%; or |
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| ¨ $ or % |
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Individual Put Limitation: | ¨ $250,000; or |
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| ¨ $ |
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Trust Put Limitation: $ |
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Redemption: ¨ Yes ¨ No
Early Redemption Dates:
2
Initial Redemption Percentage: | |
Annual Percentage Reduction (if any): | |
Redemption: | ¨ In whole only and not in part |
| ¨ May be in whole or in part |
Repayment: ¨ Yes ¨ No
Repayment Dates: |
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Repayment: | ¨ In whole only and not in part |
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| ¨ May be in whole or in part |
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Rating of Funding Agreement: S&P Moody’s
Additional Terms:
3. Other Information
Rating of Program: S&P Moody’s
Protective Life Insurance Company Insurer Financial Strength Rating: S&P Moody’s
Protective Securities, a division of ProEquities, Inc. and an affiliate of Protective Life Insurance Company, is acting as an agent in connection with this offering.
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