When you're interested in variable universal life insurance, you're looking for low-cost guaranteed protection, potential income and lifetime flexibility. Protector hybrid variable universal life insurance can provide all that. As a hybrid, it combines the benefit of traditional VUL—the variable investment options—with the guaranteed protection of a universal life insurance policy.

Protection
Protector hVUL provides valuable death benefit protection for your family, business associates, or other beneficiaries. When you die, it can provide the money your beneficiaries need—just when they need it most. With Protector, you can choose how much guaranteed protection you want, how long you want it to last, and how long you want to pay for it. These choices give you the flexibility to design a policy that's right for you now and to change it as your needs change. Plus, while the guaranteed death benefit is in effect, policy charges are taken from the fixed account only, which helps keep premiums lower than a traditional VUL policy.

Guarantees are based on the claims-paying ability of Ameritas Life Insurance Corp.

Accumulation Potential
Protector hVUL provides the opportunity to invest money in variable investment options managed by some of the top names in the mutual fund industry. Investing does involve the chance for loss, including principal. Any money you withdraw could reduce your policy's death benefit and excessive withdrawals could cause the policy to lapse. But you can use any money you accumulate for supplemental retirement income, for college funding, or for any other financial goals. Plus, the tax advantages of life insurance including tax-deferred growth, tax-free income, and tax-free transfers can make Protector hVUL an effective place to invest.

Surrender charges may apply. The amount and duration of the surrender charges vary by the insured's sex, issue age, risk class, initial face amount, the amount of any increase in the face amount, and the length of time the policy has been in force.

Personalization
Not everyone needs the same benefits from a life insurance policy. With Protector hVUL you have the flexibility to select the features you need to help accomplish the goals that are important to you. Whether you're concerned about additional guarantees or additional protection, Protector's riders can help meet your goals. (Riders are optional, have additional costs and may not be available to all policyholders.)

Getting Started
Protector hVUL is a designed as a long-term product for people up to age 80 with a minimum death benefit of $100,000.  The cost of your insurance coverage is calculated based on the insured's age, underwriting class and other factors. In addition to the cost of insurance, there is  an administrative charge of $7.50 per month ($10 maximum). There is also a  charge deducted from your investment options daily at a current annual rate of 0.70% (0.90% maximum) for policy years 1-15 and 0.45% (0.65% maximum) thereafter. In addition, each investment option has its own expenses. The only way to know the complete cost of your policy is to receive an illustration from your financial professional who can help you decide if Protector hVUL is right for you.

Protector (Form 4101) is a variable universal life insurance policy issued by Ameritas Life Insurance Corp. and underwritten by its affiliate Ameritas Investment Corp. It is subject to investment risk, including possible loss of principal. Before investing, carefully consider the investment objectives, risks, charges and expenses, and other important information about the policy issuer and underlying investment options. This information can be found in the policy and investment option prospectuses. You can obtain copies on this website or by calling 800-745-1112. Read the prospectuses carefully before investing.

Product and policy features may vary and may not be available in all states.