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December 7, 2020
Life Essentials

SVUL Protector Price Change Now in Effect


As of December 7 (January 4 in NY), PruLife® SVUL Protector rates have increased about 10%.

PRODUCT ANNOUNCEMENTS

2021 Policyholder Dividend Scales

The Board of Directors of Prudential Insurance has approved payment of approximately $1.4 billion in dividends in 2021 for participating individual life insurance policies and annuity contracts in Prudential’s Closed Block. Click the "Learn more" button to read a message from Todd Bryden, Chief Actuary – Life.

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PruLife® Private Placement VUL Adds Managed Separate Account (MSA) Option

You can offer new private placement life insurance clients a managed separate account from a name you know and trust.

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UNDERWRITING & SERVICE

PruSign will be available to Brokerage General Agencies (BGAs)

Effective December 7, electronic policy delivery will be available through the PruSign user interface on eligible term products delivered via DocuSign for BGAs. Please refer to the attached highlighter for additional details regarding benefits, eligibility and the process flow.

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Revised Agent’s Reports – Effective Monday, December 7, 2020

Effective Monday, December 7, 2020, the Agent’s Reports (ORD 114120IND, ORD 114120JUV, ORD 114120SURV) will be revised to allow selection of a producer provided exam.

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Important Year-End Information

Year-end is an exciting time of year, and we want you to be aware of some important dates, as well as best practices, to help make this year-end a successful one. As always, if you have any questions, please contact your Case Management team.

Review key year-end dates

Revised Privacy Notice – Effective Monday, January 4, 2021

Effective Monday, January 4, 2021, the revision date of the Privacy Notice has been updated to 1/1/2021. The text in the notice has not changed.

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Important Information Regarding Hartford/Talcott Business

Are you looking for contact information for the Hartford/Talcott block of business?

 

Look no further

Advanced Marketing Concepts

Join Us for an Exclusive Year-End Commentary with Dr. Quincy Krosby

Join us for an exclusive year-end commentary with Dr. Quincy Krosby. Hosted by Kevin Brayton, head of Prudential ILI Sales and Distribution. Tuesday, December 8 at 2 PM ET.

Register here

Tools & Resources

VUL Protector Illustration – New “Financial Ratings” Report for Consumer Use Now Available in Online PLI!

You can now run VUL Protector® Illustrations using Online PLI and include a new report that highlights the financial ratings and the strength of Pruco Life.

Learn more

PRUXPRESS STATE APPROVALS
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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.

FOR FINANCIAL PROFESSIONAL USE ONLY. NOT FOR USE WITH CONSUMERS.
© 2020 Prudential Financial, Inc. and its related entities.
1011225-00005-00  Ed. 05/2020  Exp. 04/01/2022