Prudential Life Essentials
PruLife Universal Protector
Effective July 13, 2020, we will be suspending new sales of PruLife Universal Protector.
SVUL Protector Suspended in NY Effective July 20, 2020
Due to a circumstance with the rates used in the New York, Prudential is suspending sales of SVUL Protector in that state until an update can be scheduled. We will not accept applications dated after 07/19/2020. We are actively working to resolve this issue and will notify our distribution partners as soon as we can reintroduce it for sale. In the meantime, please contact your wholesaler with any questions.
Retention Limits Are Changing
Effective July 7, we are changing our maximum retention limit to $10 million on single and survivorship life insurance.
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Regulatory & Compliance Policies & Procedures
Prudential’s approach to returning to the workplace Jim Mullery, Individual Solutions Group, Chief Sales and Distribution Officer, discusses Prudential beginning to allow limited in-person activity for customer- and partner-facing roles, as of July 6.
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Life insurance is issued by The Prudential Insurance Company of America, Pruco Life Insurance Company (except in NY), and Pruco Life Insurance Company of New Jersey (in NY). Variable universal life policies are offered by Pruco Securities, LLC. All are Prudential Financial companies located at 213 Washington Street, Newark, NJ.
© 2020 Prudential Financial, Inc. and its related entities.
1011225-00005-00 Ed. 05/2020 Exp. 04/01/2022