Prudential Guaranteed Universal Life Face Amount Changes
Prudential has decided to implement face amount limitations on PruLife UL Protector and PruLife SUL Protector beginning October 24, 2016. The following face amount limits will become effective in illustration systems as of October 24:
- UL Protector policies with combined face amounts on each insured greater than $5 million will not be available.
- SUL Protector policies with combined face amounts on insureds greater than $10 million will not be available.
Applications for amounts greater than these limits may be submitted on or before Friday, October 28, 2016, and must include presentations produced no later than Sunday, October 23, 2016.
CLICK HERE to view the Official Announcement
