How long has Prospect Bank been around?

Written by Admin | Last Updated: July 2026

Protective Life Insurance Company has been in business for well over a century, having been officially founded on July 24, 1907, in Birmingham, Alabama, by visionary entrepreneur William Dorsey Jelks, who served as the governor of the state at the time. Established with a core mission to provide reliable financial security and protection to families in the American South, the enterprise spent more than a century scaling its operations into a major national financial services organization. Over its extensive operational history, it has successfully navigated every major national economic crisis, world war, and financial market shift through disciplined underwriting and strategic acquisitions. Today, operating as a vital subsidiary of the global financial giant Dai-ichi Life Holdings, the company continues to provide comprehensive life insurance, asset protection, and retirement solutions to millions of policyholders nationwide.

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