Prudential has recently updated several products. Here is a recap of all the latest changes:

 

Founders Plus premium increases on August 29.

  • All applications signed and dated on or after August 29 will receive new rates (unless Old Rates are requested and permitted).
  • September 25, 2016 (Transition Period End Date): Last day an application can be signed with Request for Old Rates.
  • If Old Rates are desired for an application dated during the 28-day transition period, a written request, along with the appropriate illustration version, must be submitted on or after the state introduction date.
  • Applications dated September 26 and later will receive New Rates.

 

UL Protector GUL rates adjusted on September 26 as follows

1-5 Pays 5% increase
 Short Pays 1-5% increase
 Level Pays  1-2% increase
  • All applications signed & dated on or after September 26 will receive New Rates (unless Old Rates are specified).
  • October 23, 2016- Last day an application can be signed requesting Old Rates.
  • November 4, 2016 Applications based on Old Rates must be received in Home Office

 

Protector GSUL rates adjusted as follows on October 10, 2016

  • Premiums will increase approximately 3% across the board
  • All applications signed & dated on or after October 10 will receive New Rates (unless Old Rates are specified).
  • November 6, 2016 Last day an application can be signed requesting Old Rates.
  • November 18, 2016 Applications based on Old Rates must be received in Home Office

 

Indexed Advantage UL Changes—Premium adjusted as of September 26, 2016

  • All applications signed and dated on or after September 26 will receive new rates (unless Old Rates are requested and permitted)
  • If Old Rates are desired for an application dated during the 28-day transition period, a written request, along with the appropriate illustration version, must be submitted on or after the state introduction date.
  • Applications dated October 24 and later will receive New Rates.

 

As of September 26, a new 4% option being added to the BenefitAccess Rider

Corporate Headquarters:
604 Harper Avenue, Jenkintown, PA 19046 | P: 800.543.5555 / 215.517.4080 | F: 800.343.0804 / 215.517.4087

Miami Office:
3470 NW 82nd Avenue, Suite #670, Doral, FL 33122 | P: 800.683.3077 / 305.908.6700 | F: 800.343.0804

Securities offered through The Leaders Group, Inc. Member FINRA/SIPC 26 W. Dry Creek Circle, Suite 800, Littleton, CO 80120, 303-797-9080.

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