Two Individuals. One Extraordinary Policy.

If you want an insurance policy that insures two people with the death benefit payable upon the death of the second insured (called second-to-die or survivorship insurance), offers the security of lifetime guarantees, and can help with your estate protection needs, PruLife SUL Protector may be just what you need.

PruLife SUL Protector issued by Pruco Life Insurance Company (in New York issued by Pruco Life Insurance Company of New Jersey) is a "second-to-die" or survivorship universal life insurance policy that offers an adjustable no-lapse guarantee. The proceeds can be used to provide funds for your loved ones, help minimize the erosion of your legacy from estate and income tax, and help ensure that your family business stays within your family’s control.

It features:

• Face amounts available from $250,000 to $70 million (Some limits apply)
• Issue ages from 18 to 90 (Some limits apply)
• Flexible Premiums
• No-Lapse Guarantee
• Two Death Benefit Options
• Competitive Interest Crediting Rate
• Cash Value Accumulation
• Options for Additional Protection and Flexibility

PruLife SUL Protector’s flexibility may make this policy an ideal choice for:

Estate Planning
Your loved ones can use the death benefit proceeds to help pay estate taxes at a time when those funds are needed, potentially without having to liquidate assets under duress.

Business Continuation
In the estate plan of a family business owner, the death benefit can help your heirs pay estate taxes, potentially without liquidating other assets or selling the business.

Part of a Rock-Solid® Tradition

PruLife SUL Protector is issued by a member of the Prudential Financial family of companies. Today, Prudential Financial serves millions of customers worldwide.

FEATURES

With PruLife SUL Protector, you get the flexibility to choose when you want to make premium payments and the amount you’d like to pay, subject to certain limitations. You can pay anything from the minimum needed to support policy charges up to the maximum allowed by federal tax law. You can choose the method and timing of billing you prefer:

• Annual
• Semiannual
• Quarterly
• Monthly, via automatic transfers from your checking account

PruLife SUL Protector offers a flexible, adjustable guarantee against lapse, called the No-Lapse Guarantee.¹ This guarantee ensures that, as long as you pay your premiums when due, your death benefit is guaranteed regardless of any changes in the policy’s interest crediting rates, charges, or cash value. In addition, you can control how long this guarantee is in effect, whether it’s for a few years or a lifetime. Generally, the more premiums you pay, the longer the guarantee will last, and vice versa. The length of the guarantee period may change also depending on when and how often you pay premiums and whether you take any policy loans or withdrawals.

Having the choice of two death benefit options allows you to customize your policy to meet your goals now and in the future.

Fixed (Type A) This death benefit generally remains level and equals the face amount. It also offers the potential to accumulate more cash value than the variable option.

Variable (Type B) This death benefit generally increases each year, and equals the basic insurance amount plus the value of your Contract Fund. It increases if the cash value increases, but will never be less than the face amount.

Your policy will be credited with a competitive interest rate; and Pruco Life (or Pruco Life of NJ) guarantees a minimum interest rate of 3%. A policy kept in force for the long term may earn even more interest with additional excess interest after the policy’s 21st anniversary. (Not available in all states).

Although the primary purpose of life insurance is to provide a death benefit, once your policy has accumulated cash value, you may be able to access that value, potentially income tax free, through withdrawals or policy loans.² If you have an outstanding loan and your policy lapses or is surrendered, any gain in the policy may be taxable.

PruLife® SUL Protector offers these features to provide you with even greater protection.³

Estate Protection Rider:
Available upon request for an additional cost, this rider increases the death benefit by up to 100% if both insureds die before the policy’s fourth anniversary. For the purposes of calculating the federal estate tax, the rider’s additional death benefit can be used to pay the federal estate tax liability incurred if the policy proceeds are included in the estate of the second insured to die. (Rider form #: VL 194 C-2000)

Guaranteed Policy Split Rider:
This rider allows for the policy to be split into two individual policies in the case of divorce or a change in the tax law that would eliminate the unlimited marital deduction. There is no charge for this endorsement, and no evidence of insurability is required when the policy is split. (Rider form #: PLI 493-2003 (PLY 118-2003 for NY))

Target Term Rider:
Available upon request for an additional cost, this rider adds a flexible term insurance benefit to your life insurance policy until the younger insured reaches age 100, and there’s no impact on your No-Lapse Guarantee. You can specify the amount of term rider coverage you desire, up to four times your base policy’s face amount. While the rider is in effect, you can generally increase or decrease the coverage amount of the rider, subject to minimums and maximums, and for increases, evidence of insurability is needed. The amount of term rider coverage is guaranteed while a No-Lapse Guarantee is in effect until the younger insured reaches age 100. (Rider form #: VL 198 C-2003 for SUL contracts without type C death benefit; VL 198 C2-2003 for SUL contracts with type C death benefit)

Waiver of Surrender Charge Endorsement for Estate Tax Repeal:
Available at no additional charge, this endorsement allows you to surrender your policy without surrender charges within a specified period should the federal estate tax be permanently repealed. (Rider form #: PLI 491-2003 (PLY 116-2003 for PLNJ issues))

IFS-A079672 Ed. 5/03


1 All guarantees are based on the claims-paying ability of the issuing company.
2 Life insurance policy cash values are accessed through withdrawals and policy loans, which will reduce cash values and death benefits, and may have tax consequences.
3 Some riders have additional costs and some are not available in all states.

All riders, benefits and features may not be available in all states and for all issue ages and underwriting categories.

PruLife® SUL Protector is issued by Pruco Life Insurance Company, an AZ corporation, in all states except New York, where it is issued by Pruco Life Insurance Company of New Jersey. Both Pruco Life companies are Prudential Financial companies and are located at 213 Washington Street, Newark, NJ 07102-2992. (Pruco Life California Certificate of Authority 3637). Each is solely responsible for its own financial condition and contractual obligations. The policy form number is SULNT-2003.

Life insurance policies contain exclusions, limitations, reductions of benefits and terms for keeping them in force. Your licensed financial professional can provide you with costs and complete details.

This material is designed to provide general information about PruLife SUL Protector and is not a contract. This website material is not intended to provide legal or tax advice. Consult your own personal professional advisers on how any product discussed may benefit your particular situation and how you utilize any such product.

Prudential is authorized to transact business in all U.S. states and the District of Columbia. Product availability varies by state.

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