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Exclusive Term Life Insurance for Costco Members

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Exclusive Term Life Insurance for Costco Members


Life insurance helps provide security for your loved ones when they need it most. Get life insurance protection with an easy-to-understand policy, at a Costco member-only value.

Provided By

Life Insurance by Protective Life

$250,000 FOR LESS THAN 51¢ PER DAY1

When You Need Life Insurance

Five common factors for Costco members to consider while evaluating their coverage amount options:

  • Income
  • Home
    Home mortgage payment
  • College
    Children’s college tuition
  • Nursing
    Care for elderly
  • Debt
    of debt

There may be other things to factor, such as having another child after obtaining a policy, you may wish to increase the amount of your benefit. You can do so by reaching out to Protective Life to adjust as necessary.2

Get a Personalized Quick Quote.
More Information
Your health will impact your quoted premium.
  • Excellent health typically means that your blood pressure and cholesterol are normal, and your parents and siblings also don't have medical conditions.
  • Very good health would normally mean above average health with a few prescriptions for minor medical conditions and no immediate family history of medical conditions.
  • Good health would include minor health issues such as high blood pressure or cholesterol and a family history of some medical conditions.
  • Fair health indicates medical issues such as high blood pressure or cholesterol and a history of medical conditions.
  • Other factors related to your quote may include a personal history of drug or alcohol abuse or hospitalization for depression, anxiety, or psychiatric disorders. Ratings may also be affected by an adverse driving record, criminal activity and citizenship as well as your history of heart disease, diabetes or cancer or a family history of onset and/or death from heart disease or genetically pre-dispositioned cancers.
Personalized Quote for:
Male, District of Colombia - 12/31/1999
Please contact us for further information

Based on the information you provided, Protective Life is unable to offer you a Personalized Quote online.

Please contact the Customer Care Team to discuss more life insurance options available to you.

$2,000,000 of coverage for as low as
Years 1-5:  $77.55/mo
Years 6-10:  $111.55/mo
Start your Online Application
To Apply Now Call
More coverage for less money!
$3,000,000 of coverage for as low as
Years 1-5:  $99.35/mo
Years 6-10:  $124.15/mo
Start your Online Application
To Apply Now Call

The information you provide is being submitted to Protective Life Insurance Company not to Costco. Protective Life will treat the information in accordance with its Privacy Policy.

See important disclosures below.

Costco members save on life insurance.3

Protective Life delivers quality and savings to Costco members.

Questions? Give us a call:


Life Insurance Designed Exclusively for Costco Members

Get competitive rates for up to 20 years. Plan features include:

  • Graph
    Flexibility to adjust your death benefit amount as your needs change over time2
  • Low Cost
    Cancel policy at any time at no
  • Membership
    Additional savings for Costco Executive Members
    Terms and conditions apply
  • Application
    A streamlined online application process
    Subject to eligibility and underwriting

Another Valuable Feature to Help You Get Started

With Member Advantage LifeSM Term, Protective Life reduces
your annual premium amount during the first five policy
years. It then modestly increases in year six and remains
level for the duration of the benefit period you selected.1

family life insurance

Flexibility For You and Your Family

Protective Life knows that pricing is key, but flexibility also is important. You may choose the amount of coverage you want with an initial term period of either 10 or 20 years.

$100,000 – $5 Million

Help get peace of mind at a level that suits your needs.

Not Sure How Much Coverage You Need?

Protective Life is here to help:

Calculate Your Needs

Questions? Give us a call:


Simple, Streamlined Application Process

Getting a quote is the first step in our straightforward process. Next, you'll apply online. Enter your information, submit your beneficiaries’ names and designate the percentage each beneficiary is to receive. What comes next?

Protective Family
  • Protective List Symbol
  • 1. We’ll Talk

    A Protective Life representative will call you at your convenience to conduct a 20-minute medical history phone interview.

  • Protective Stetho Symbol
  • 2. Medical Examination

    You will then schedule a routine life insurance physical examination. No need to make a trip to the doctor – a medical representative will come to you. Some applicants may be eligible to obtain coverage without a full medical exam.4

  • Protective Magnifing Glass Symbol
  • 3. Underwriting Review

    Protective Life will review the information on your application and the results of your medical exam.4

  • Protective Clipboard Symbol
  • 4. Finalize Your Policy

    Once your application and underwriting are complete, Protective Life will notify you. You'll receive all documentation electronically – file it away with your other important documents and notify your beneficiaries.

    Please keep in mind that depending on your medical history and exam results, medical records or additional underwriting requirements may be required. This process generally takes a few weeks.


Protective Life: The Smart Choice to Help Protect Your Loved Ones

Costco chose Protective Life as its exclusive life insurance provider because they deliver policies to real people and real families at a level of quality and value that Costco members have come to expect.

Protective Life Insurance Company

Serving families across the U.S. for more than 100 years
  • Protective Life, founded in 1907, has been providing life insurance to Costco members since 2014.
  • To date, Protective Life has provided more than $12 billion in coverage to Costco members.
  • Protective Life services more than 8.6 million contracts and policies.

For over a century, Protective Life has provided quality, dependable and flexible life insurance policies. Protective Life understands your needs to help ensure future coverage while fitting your budget today.

Protective Life is here to answer your questions

Questions? Give us a call:


Mon-Thur: 8AM-7PM ET — Fri: 8AM-6PM ET

Other Insurance Options for Costco Members

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Service Provided by CONNECT, powered by American Family Insurance
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1 Premium based on the first 5 years of a Costco Gold Star or Business Membership, 20-year period, $250,000 face value for an eligible 40-year-old male at the select preferred non-tobacco rate. Face amount listed is for the initial level benefit period. The guaranteed premium will increase in policy year 6 and then remain level for the remaining level period (5 or 15 more years) and after the full level period (10 or 20 years) the premiums will increase annually immediately following the full level period. Actual results will vary based on a variety of factors including age, gender, health and other underwriting factors. Rates are effective as of August 12, 2019.

2 Requests to Protective Life for coverage decreases can occur after the third policy year and are subject to minimum face amount limits.

3 Savings is based on first year annual premium comparisons between Protective’s Classic Choice term product and the Member Advantage Life term product. The guaranteed premium will increase in policy year 6 and then remain level for the remaining level period (5 or 15 more years) and after the full level period (10 or 20 years) the premiums will increase annually immediately following the full level period. Rates are effective as of August 19, 2021, vary by carrier and are subject to change without notice.

4 Coverage amounts and accelerated application processing may be available to applicants from ages 18 - 45 for up to $1,000,000 and 46 - 60 for up to $500,000 of coverage that meet certain risk and eligibility requirements of Protective Life. Full medical underwriting may be required for applicants that do not meet Protective’s eligibility criteria.

Acceptance for coverage and pricing is subject to eligibility and underwriting criteria. Member Advantage Life (ICC16-TL21/TL-21), is a term life insurance policy issued exclusively to Costco members by Protective Life Insurance Company (PLICO), Brentwood, TN. Not available in New York. Policy form numbers, product features and availability may vary by state. Consult policy for benefits, riders, limitations, and exclusions. Coverage and pricing is subject to eligibility and underwriting criteria. Up to a two-year contestable and suicide period. Benefits adjusted for misstatements of age or sex. In Montana, unisex rates apply. Any quote that is present is only an estimate and the actual premium and rate class will be determined after the underwriting process is completed. Costco Insurance Agency, Inc. and Costco Wholesale do not issue, underwrite insurance or pay claims under PLICO policies. Insurance is underwritten by PLICO.

Costco Insurance Agency, Inc. (CIA), a licensed insurance agent, may receive compensation from PLICO and/or its affiliates. CIA and its affiliates do not guarantee the services of any insurance company. PLICO and its affiliates are separate, independent of and distinct from CIA. CIA is not responsible for the financial condition or obligations of PLICO. The California license number for Protective is 07726. The California license number for Costco Insurance Agency is 0D08407. (CD.675001.07.19)