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Effective October 15, 2012-
PruLife UL Protector & SUL Protector are being repriced. | |
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AN IMPORTANT MESSAGE
From Chuck Anderson, Senior Vice President, Individual Life Insurance
We continuously review our individual life insurance portfolio for changes in consumer needs, profitability, and competitiveness. While many factors are considered in these reviews, the continued low interest rate environment continues to impact secondary guarantee type products for Prudential and its competitors. Based on our review, we find it necessary to reprice UL Protector and SUL Protector effective October 15, 2012.
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Based upon state approvals, the following changes will take place: |
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UL Protector | | |
Level-pay scenarios will remain essentially unchanged on average. | | |
Single-pay scenarios will increase approximately 13% on average. |
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SUL Protector | | |
Level-pay scenarios will increase approximately 3% on average. | | |
Single-pay scenarios will increase approximately 13% on average. |
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Save the date! Join our special webinar on October 9th or 11th to learn more about the repricing-including how UL Protector and SUL Protector are still compelling products in this challenging environment.
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Dates: October 9, 2012 - or - October 11, 2012
Time: 1:00 p.m. ET
Dial-In Information: (888) 285-4585
Participant code: 319006
Online Access: Click here |
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