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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
January 02, 2007 at 10:52 AM
Prudential Financial Inc. has launched a new term life policy with a return-of-premium feature.
Prudential, Newark, N.J., says its new PruLife Return of Premium Term product is available in 29 states.
Prudential is issuing the policy in most states through its Pruco Life Insurance Company subsidiary.
The new policy offers a return of all premiums paid if the insured lives beyond the level-premium-paying period selected–either 15, 20 or 30 years.
In addition, the policy can be converted to a permanent Prudential or Pruco Life individual life insurance policy if the individual wishes to retain the policy after the end of the term period.
Premiums for such policies are generally payable to age 95 and increase every year, Prudential says.
Pruco Life is responsible for backing the PruLife ROP policy guarantees.
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