1 You can access your cash value through loans and withdrawals. In general, loans are charged interest; they are usually not taxable. Withdrawals are taxable only when you take more money out of the policy than you’ve paid in premiums. Loans and withdrawals may reduce or eliminate the death benefit payable to your beneficiaries.
2 Accelerating the death benefit will reduce the death benefit dollar-for-dollar and may result in beneficiaries receiving less or zero proceeds at death, if the death benefit is fully exhausted due to benefits paid out under the rider while the insured is alive.
Prudential Financial and its financial professionals do not give legal or tax advice. Please consult your own advisors.
© 2016 Prudential Financial, Inc. and its related entities.
Life insurance is issued by The Prudential Insurance Company of America, Pruco Life Insurance Company (except in NY and/or NJ), and Pruco Life Insurance Company of New Jersey (in NY and/or NJ). Variable life insurance policies are offered by Pruco Securities, LLC. All are Prudential Financial companies located in Newark, NJ, and each is solely responsible for its own financial condition and contractual obligations.
Not Insured by FDIC, NCUSIF, or Any Federal Government Agency. May Lose Value.
Not a Deposit of or Guaranteed by Any Bank, Credit Union, Bank Affiliate, or Credit Union Affiliate.
For Compliance Use Only: 0296219-00001-00