We’ve lowered rates on one of our most popular products, improving our competitive positioning across the board.
We've Turned Up the Value on SIUL
Enhancements coming 1/28/2019

Man cranking up the volume on a speaker

More features. More flexibility. More choices.
More for clients' money.

On January 28, 2019, PruLife® Survivorship Index UL (SIUL) will deliver more value and choices that wealth transfer clients want.
  • Improved, industry leading No Lapse Guarantees, often lasting to age 95 and beyond.

  • We added the Index Account with Multiplier and the Uncapped Index Account with a 4% Spread that offer upside potential with downside protection.

  • New! Survivorship BenefitAccess Rider* offers additional flexibility for couples concerned with the financial risks of chronic or terminal illness, particularly during widowhood.
  • Plus, additional modifications to improve Prudential's SIUL offering. We've provided you with a comprehensive list of these enhancements in the Talking Points linked below.

Competitively Priced, A Trusted Brand.

SIUL offers more, yet remains competitively and attractively priced. And clients know they're buying from a leading company they know and trust.

Amplify Your Business with the Enhanced PruLife SIUL.
Discover more about these and other enhancements
and make SIUL part of your 2019 business plan.




We’re Ready to Help You Close Your Next SIUL Case.
Contact your Prudential Regional Life Wholesaler or
call us at 1-800-800-2738, Option 1 for assistance with PruLife Survivorship Index Life with SBAR.*

*The Survivorship BenefitAccess Rider is an optional rider that accelerates the life insurance death benefit when the surviving insured is chronically or terminally ill as defined in the rider, or both insureds are chronically or terminally ill as defined in the rider It is not Long-Term Care (LTC) insurance. Benefits received under the rider will reduce and may deplete the death benefit. Electing the BenefitAccess Rider results in an additional charge and underwriting requirements. Some benefit payments may be subject to a fee. Other terms and conditions apply and can vary by state. If your survivorship policy is owned by a trust or non-living entity, you should consult a tax advisor prior to electing the Survivorship BenefitAccess Rider. Clients should always consult their tax and legal advisors when consider the purchase of a life insurance policy and/or accelerated death benefit rider.

Guarantees are based on the claims-paying ability of the issuing company.

PruLife Survivorship Index UL (SIUL)is issued by Pruco Life Insurance Company in all states except in New York, where it is issued by Pruco Life Insurance Company of New Jersey. Both are Prudential Financial companies located in Newark, NJ and are solely responsible for their own financial condition and contractual obligations.

SIUL offers death benefit protection with the chance to build cash value over time through a fixed account and three indexed account options. SIUL is not an investment or a variable contract.

The Fixed Account earns a fixed interest rate, declared by Prudential. The current rate is subject to change. The minimum interest-crediting rate is guaranteed never to be less than 1%.

Components SIUL Indexed Accounts
The three Indexed Account Options earn interest based on a 100% participation rate of the performance of the S&P 500® Index (excluding dividends). Money that is placed in any of the indexed accounts begins an index segment that is not a direct investment in the S&P 500® Index.

Any interest credited to the Indexed Account Options is calculated on an annual point-to-point basis that’s based from the month of deposit and using an Index Growth Cap, Floor, Multiplier, and Spread as applicable.
  • Index Growth Cap – The maximum percentage rate of interest that may be credited at the end of the one-year Index Segment Duration, regardless of changes to the S&P 500® Index. The Cap is guaranteed never to be less than 3.00% on the Indexed Account or 2.75% on the Indexed Account with Multiplier.
  • Floor – The minimum percentage rate of interest that may be credited at the end of the one-year Index Segment Duration, regardless of changes to the S&P 500® Index. The Floor is guaranteed never to be less than 0%.
  • Multiplier (only on the Indexed Account with Multiplier) – A factor that the earned interest rate will be multiplied by after applying the Index Growth Cap. The Multiplier is guaranteed never to be less than 1.15.
  • Spread (only on the Uncapped Indexed Account) – The percentage that will be subtracted from the earned interest rate subject to the Floor. The Spread is guaranteed never to be higher than 30%.
Each factor above is set in advance and will not change once an index segment is created. They may be different in certain states.

The Index Growth Cap, Multiplier, and Spread can be changed for future index segments at our discretion, both up and down, but never more than the stated guaranteed amounts. Changes may be based on interest rates, market volatility, and other factors and could result in different values.

If amounts in an index segment are withdrawn during the segment duration, they can still earn index interest at segment maturity, pro-rated based on the amount of time they were in the segment.

Death Benefit Option Choices
Fixed (Type A) – Provides a level death benefit that typically equals the policy’s face amount (also called the basic insurance amount). If the policy has any debt, that amount is subtracted from the total amount of the death benefit before it is paid.
Variable (Type B) – Provides a fluctuating death benefit that includes both the policy’s basic insurance amount, plus any money that may make up the policy’s account value (also called the Contract Fund). The net death benefit proceeds will generally equal the basic insurance amount, plus the Contract Fund, minus any outstanding policy debt.
Return of Premium (Type C) – Provides a death benefit equal to the basic insurance amount, plus all the premium paid, minus any policy loans and withdrawals.

A portion of each premium payment is used to pay administrative and sales charges. The remaining amount, called the “net premium,” is applied to the account value (Contract Fund). As monthly charges come due, they are then deducted from the Contract Fund. The Alternate Contract Fund is an alternative way to calculate the insurance benefit and the cash surrender value. Regardless of the performance of the Fixed Account and the Indexed Accounts, the policy will guarantee a cumulative return of 1% annually on net premiums, reduced by monthly charges (other than the asset-based administrative fee), withdrawals, and any partial surrender charges. When the Alternate Contract Fund value is more than the actual Contract Fund value, the Alternate Contract Fund will be used in its place for most policy provisions, including calculating surrender value, available loan amount, amount at risk, and death benefits. Please note that there is no guarantee that the Alternate Contract Fund will be a positive value as charges and other reductions can deplete it.

The S&P 500® Index is a product of S&P Dow Jones Indices LLC (“SPDJI”) and has been licensed for use by The Prudential Insurance Company of America for itself and affiliates, including Pruco Life Insurance Company and Pruco Life Insurance Company of New Jersey (collectively “Pruco Life”). Standard & Poor’s®, S&P®, and S&P 500® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”). These trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Pruco Life. Pruco Life's products are not sponsored, endorsed, sold, or promoted by SPDJI, Dow Jones, S&P, or their respective affiliates, and none of such parties make any representation regarding the advisability of purchasing such product(s), nor do they have any liability for any errors, omissions, or interruptions of the S&P 500® Index. S&P 500® index values are exclusive of dividends.

© 2018 Prudential Financial, Inc. and its related entities.
1014217-00001-00  Ed. 12/2018