Exhibit (h)(22)(iii)
  
AMENDMENT TO
PARTICIPATION AGREEMENT
   
This Amendment is, dated and effective as of October 15, 2022, to the Participation Agreement (the “Agreement”), effective September 30, 1998, between VAN ECK VIP TRUST (the “Fund”), VAN ECK SECURITIES CORPRATION (The “Underwriter”), VAN ECK ASSOCIATES CORPORATION (the “Adviser”) and PROTECTIVE LIFE INSURANCE COMPANY (the “Company”).
   
WHEREAS, the parties wish to amend the Agreement to update the separate accounts listed in Schedule A;
   
NOW THEREFORE, the parties hereby agree to amend the Agreement as follows:
   
1.
Schedule A.  Schedule A to the Agreement is hereby deleted in its entirety and replaced with Schedule A attached hereto.
2.
Ratification and Confirmation of Agreement.  In the event of a conflict between the terms of this Amendment and the Agreement, it is the intention of the parties that the terms of this Amendment shall control and the Agreement shall be interpreted on that basis.  To the extent the provisions of the Agreement have not been amended by this Amendment, the Parties hereby confirm and ratify the Agreement.
3.
Counterparts.  This Amendment may be executed in two or more counterparts, each of which shall be an original and all of which together shall constitute one instrument.
4.
Full Force and Effect.  Except as expressly supplemented, amended or consented to hereby, all of the terms, representations, warranties, terms, covenants and conditions of the Agreement shall remain unamended and shall continue to be in full force and effect.
   
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IN WITNESS WHEREOF, the parties have each caused this Agreement to be executed in its name and on its behalf by its duly authorized representative as of the date and year first above written.
   
VAN ECK VIP TRUST
VAN ECK ASSOCIATES CORPORATION
   
   
By: _/s/ Laura Hamilton__________
By: ___/s/ Laura Hamilton____________
Name: __Laura Hamilton_________
Name: __Laura Hamilton_____________
Title: ___Vice President__________
Title: ___Assistant Vice President______
   
   
VAN ECK SECURITIES CORPORATION
PROTECTIVE LIFE INSURANCE COMPANY
   
   
By: ___/s/ Laura Hamilton_______
By: __/s/ Steve Cramer_______________
Name: _Laura Hamilton________
Name: ___Steve Cramer______________
Title: __Assistant Vice President__
Title: Chief Product Officer – Retirement Division
   
   
   
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SCHEDULE A
   
SEPARATE ACCOUNTS OF PROTECTIVE LIFE INSURANCE COMPANY
   
Separate Accounts
Date Established by the Board of Directors
Protective Variable Annuity Separate Account
12/23/1993
Protective Life Variable Account
2/22/1995
Protective COLI VUL Separate Account
02/25/2020
Protective COLI PPVUL Separate Account
4/14/2020
Protective BOLI PPVUL Separate Account
9/1/2021
   
   
   
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