Prudential Financial Inc. has released a new version of its PruLife SUL Protector survivorship universal life policy.
The policy offers flexible premium payment schedules. It covers two people and pays a death benefit when the second insured dies.
A shift to the 2001 Commissioners’ Standard Ordinary mortality table, from a CSO table developed in 1980, should reduce the cost of coverage for many insureds, according to Prudential, Newark, N.J.
Prudential is offering a flexible death benefit guarantee with the policy, the company says.