Protective Life Corporation, through its subsidiaries, engages in the production, distribution, and administration of insurance and investment products in the United States. It operates in five segments: Life Marketing, Acquisitions, Annuities, Stable Value Products, and Asset Protection. The Life Marketing segment markets level premium term insurance, universal life, variable universal life, and bank owned life insurance products through various distribution channels. The Acquisitions segment focuses on acquiring, converting, and servicing insurance policies sold to individuals, which are acquired from other companies. The Annuities segment offers fixed and variable annuity products that are sold through stockbrokers, financial institutions, and independent agents and brokers. The Stable Value Products segment sells guaranteed funding agreements to special purpose entities, as well as markets fixed and floating rate funding agreements directly to the trustees of municipal bond proceeds, institutional investors, bank trust departments, and money market funds. This segment also markets guaranteed investment contracts and other qualified retirement savings plans. The Asset Protection segment primarily markets extended service contracts and credit life and disability insurance to protect consumers’ investments in automobiles, watercraft, and recreational vehicles, as well as markets an inventory protection product and a guaranteed asset protection product. Protective Life Corporation was founded in 1907 and is based in Birmingham, Alabama.