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September 14, 2020
Life Essentials

New Tools to Help Clients Prepare for a Changing Tax Environment

The pandemic is likely to continue to strain local and federal budgets, creating greater uncertainty around taxes. Help clients navigate this uncertainty with the tax benefits of life insurance. Our new iKit gives you insight and tools to use to start the conversation.

Check out the iKit

Product Announcements

You Can't Control the Economy—But You Can Offer Clients Protection with the #1 VUL Carrier

In this low interest rate environment, VUL Protector rates are increasing—discover why this still very competitive product is rated #1 VUL by LIMRA.

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Underwriting & Service

New APS Vendor – ReleasePoint Update

ReleasePoint went live with Prudential in early July as the new APS vendor due to the EMSI closure. Within 3 business days of the closure, ReleasePoint quickly took over all of the Prudential outstanding APS orders as well as all new APS orders being placed.

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eDelivery Update

Did you miss having the applicant complete the eConsent form when submitting the Xpress Worksheet application? No problem! Effective September 14, the customer’s delivery preference will be confirmed during the interview, if the eConsent form wasn’t submitted with the application.

Individual Life Contact Center Service Experience – Update on Post Issue Service

As we communicated in mid-August, over the past several weeks, call volume has been elevated primarily driven by COVID related inquiries (grace period extensions, financial transactions, and market performance). COVID has also impacted our capacity. We continue to actively take steps to improve your service experience and wanted to provide an update.

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Marketing & Sales Concepts

Managing Mirrored Loans with LifeInsight

Learn how Prudential’s LifeInsight provides you with the information needed to stay on top of planned actions to keep clients’ policies on track.

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Retirement Planning

The Titanic Shift That Just Occurred for 401(k) and IRA Savers

Retirement savings plans have traditionally been attractive vehicles for high-income savers looking to pass wealth on to their children. However, recent tax law changes now mean that most non-spouse taxpayers who inherit an IRA must now cash out those assets within 10 years—and pay accelerated taxes on them. For many higher-income heirs, combined federal, state, and local taxes on withdrawals from an inherited IRA can be as high as 40% or more.

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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.

This material is being provided for informational or educational purposes only and does not take into account the investment objectives or financial situation of any clients or prospective clients. The information is not intended as investment advice and is not a recommendation about managing or investing clients’ retirement savings. Clients seeking information regarding their particular investment needs should contact a financial professional.

© 2020 Prudential Financial, Inc. and its related entities.
1011225-00005-00  Ed. 05/2020  Exp. 04/01/2022