Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Life Health > Life Insurance

Pru Offers Online Term Policies Through Banks

Your article was successfully shared with the contacts you provided.

Prudential Financial Inc. has introduced a simplified-issue term life insurance policy accessible through the Internet to customers of some banks and financial institutions.

The product, MyTerm, can be delivered in about 10 minutes to qualified customers completely on-line through participating banks’ Web sites, says Prudential, Newark, N. J.

Targeted to middle-income consumers, MyTerm offers 10-, 20- or 30-year level term policy with face values ranging between $50,000 and $250,000, issued by Prudential subsidiary Pruco Life Insurance Company.

It is currently offered through National City Corporation, Cleveland, Ohio.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.