Pacific Life introduces new VUL insurance product through State Farm

Pacific Life is introducing a new variable universal life insurance product, designed for customers ages 30-55 who are “comfortable pursuing cash value over the long term and have a tolerance for market-based risk.”

Pacific Protector Plus VUL offers tax-free death benefit protection and cash value accumulation potential through a streamlined but diverse selection of variable investment options and interest crediting strategies.

Authorized State Farm agents can now offer customers the product.

“We’re so proud that Pacific Protector Plus VUL was chosen to be a part of the State Farm portfolio. This collaboration is a great fit for both of our companies because our values and customer focus are so closely aligned.” – Dawn Behnke, Executive Vice President, Consumer Markets, Pacific Life.

“Pairing two companies that collectively share 260 years of experience caring for customers is a winning combination. Together, we have a unique opportunity to impact more people, offering them the protection they need, and empowering them to invest in their financial well-being.” – Sarah Mineau, Senior Vice President, Financial Services, State Farm.