* Subject to the terms and conditions of the rider.
About the guarantee against lapse.
In general, the more premiums you pay, the longer the guarantee will last. The amount, timing, and number of premium payments will impact the no-lapse guarantee. Any loans and withdrawals may also impact the no-lapse guarantee. Please note that, by paying only the premium required for the lifetime guarantee, you may be forgoing the potential to build tax-deferred cash value. While both UL and SUL Protector offer the potential to build cash value, this is not its main purpose.
Canceling your policy.
If you choose to cancel your policy within a certain number of years, you will incur a surrender charge. For UL Protector, these charges apply for the first 20 years; for SUL Protector, they apply for the first 19 years; for UL Plus, they typically apply for the first 10 years, but may apply for a shorter amount of time at older ages. The surrender charges may reduce the policy's cash surrender value in early years. The policy's cash surrender value is the accumulated value less the surrender charges and any outstanding loan. Other charges include, but are not limited to, premium-based administrative charges and monthly charges including the cost of insurance.
About accessing cash value.
Life insurance policy cash values are accessed through withdrawals and policy loans. Loans are charged interest; they are usually not taxable. Withdrawals are generally taxable to the extent they exceed basis in the policy. Loans that remain unpaid when the policy lapses or is surrendered while the insured is alive will be taxed immediately to the extent of gain in the policy. Unpaid loans and withdrawals reduce cash values and death benefits; they may also reduce the duration of the guarantee against lapse, which may lapse the policy and may have tax consequences. For policies that are Modified Endowment Contracts (MECs), distributions (including loans) are taxable to the extent of income in the policy; an additional 10% federal income-tax penalty may apply. Consult your tax advisor for advice about your own situation.
Rider availability varies by product and state. The rider form numbers may be followed by a state code:
The Living Needs BenefitSM: ORD 87241 and ORD 87335; there may be state variations
BenefitAccess Rider: The rider is available on certain life insurance policies that are issued by Pruco Life Insurance Companies, Newark, NJ. The rider form number varies by underlying insurance product and is either VL 145 B4-2016 or ICC16 VL 145 B4-2016 (in CA: VL 145 B-2013 (ED 2015)
MyNeeds Benefit Rider: ICC15 PLI 519-2015, PLI 519-2015, or ORD 114419-2015
Enhanced Disability Benefit: PruLife UL Protector: VL 100 B-2016 or ICC16 VL 100 B-2016; PruLife Universal Plus: VL 100 B-2007; VL 100 B-2007 (ED 2014) in CA
Children Level Term Rider: PruLife Universal Protector, PruLife Universal Plus: VL 182 B-2005
Accidental Death Benefit: PruLife Universal Protector, PruLife Universal Plus: VL 110 B-2000 (Not available in MA).
Overloan Protection Rider: PruLife Universal Plus: PLI 518-2008 or PLY 123-2008 (in NY)
Enhanced Cash Value Rider: (Not available in NY); PruLife Universal Plus: PLI 496-2005
Guaranteed Policy Split Rider: PruLife SUL Protector: PLI 493-2011; PLY 118-2011 NY (Not available in PA)
Estate Protection Rider: PruLife SUL Protector: VL 194 C-2000; VL 194 C-2003 in NJ
PruLife Universal Protector (ULNLG-2016 or ICC16 ULNLG-2016), PruLife Universal Plus (UL-2010), and PruLife SUL Protector (SULNLG-2011) are issued by Pruco Life Insurance Company except in New York, where they are issued by Pruco Life Insurance Company of New Jersey. All are Prudential Financial companies located in Newark, NJ. Each is solely responsible for its own financial condition and contractual obligations.
All guarantees and benefits of the insurance policy are backed by the claims-paying ability of the issuing insurance company.
For Compliance Use Only
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