Commissions etc.

Posted: Wed Dec 09, 2009 06:57 am Post Subject:

Hey Darnardo1, can you give me some information regarding this PruLife Universal Plus program? I just wish to know it's difference with the UL policy.

Posted: Thu Dec 10, 2009 01:25 am Post Subject: sure, there you go...

Same as PruLife Universal Protecter except an added C option death benefit that allows for business continuation arrangements ($250,000 min coverage). It can be guaranteed for short periods of time based on premiums paid. The death benefit comes in 3 forms:
Fixed (Type A): The death benefit remains constant throught the policy's lifetime.
Variable (Type B): The death benefit increases each year by the basic insurance amount (guaranteed at least 3%)+ the policies contract fund. The policy fund may earn excess interest rated after its 20th annaversary (Not available in all states).
Return of Premium Plus Interest (Type C): If you own a business and plan to use the policy as part of a business continuation arrangement, this option should be considered. Only possible with policies $250,000 face amount and up.
Containas a no-lapse guarantee that insures the death benefit remains secure despite any changes in interest crediting rates, charges or cash value. You can control how long the guarantee is in effect (3 years till lifetime). This is subject to certain limitations.

Posted: Tue Dec 29, 2009 09:32 am Post Subject:

If you are asking if there are any carriers that compete with Pru. Then yes. A lot of carrier compete with Pru.