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Prudential Group Insurance
PRODUCER BRIEFING BOOK
The Prudential Insurance Company of America
For Financial Professional Use Only — Not for use with the public
0302241-00001-00
u
2 For Financial Professional Use Only — Not for use with the public2
Employers and associations face real challenges when making
decisions about their benefits plans. That is why they turn to you —
you help guide them in the direction of the right solutions to meet
their organization’s unique needs.
As a leader in the group insurance industry, The Prudential Insurance
Company of America (Prudential) understands the impact of your role
and the need to put your trust with carriers that shape it. When your
customers award Prudential their business, we will reinforce their
confidence in you as a trusted partner by providing them and their
employees with the world-class products and services that can only
come from an industry leader.
3For Financial Professional Use Only — Not for use with the public
BUILDING BETTER BENEFITS EXPERIENCES TOGETHER: THE WELLNESS EFFECT™
When financial security is within reach for everyone, the impact is felt
everywhere. That’s what Prudential believes. We know that when people
worry less about money, and have access to the guidance and solutions
they need, the benefits show. They’re more engaged at work. They live
with balance and purpose. They achieve goals and set bigger ones. And
they give more to their world. This is The Wellness Effect.
Prudential is investing in the power of The Wellness Effect. And when you
partner with us to unlock its power, you’ll experience a unique and truly
top-to-bottom approach that can start conversations, open new doors,
enhance your value, and grow your business.
Our financial wellness programs can help you grow your business
Solve customers’ growing need to maintain the continuity and productivity of their businesses.
We make it easier for your customers to attract and retain top talent —
as well as help their employees protect themselves against unavoidable
risks — with financial wellness programs that are:
ff Comprehensive and holistic
ff Turnkey and cost-effective
ff Modular and customizable
Strengthen and deepen your customer relationships.
You’ll have more opportunities to engage with your customers. For example,
we provide analytics and reporting that help your customers with:
ff A richer fact base that delivers consultative value via plan design
recommendations
ff A new view of employee progress, helping to inform future financial
wellness investments
Drive additional revenue opportunities.
Providing solutions that help customers close financial wellness gaps
can also improve employee interest/participation in voluntary benefits,
expanding your practice focus.
And they can help your customers and their employees
When individuals experience The Wellness Effect, it translates into an
impact that is measurable in terms of employee satisfaction, heightened
productivity, and reduced absenteeism. And every employer wants that.
4
OUR ORGANIZATION
ff Headquartered in Roseland, NJ
ff Satellite offices in Dresher, PA; Portland, ME; Scottsdale, AZ
ff 23 field offices nationwide
ff Approx. 2,000 employees
Product Years of Experience Number of Customers Participants Covered
Life 100 + Over 9,0001 More than 20 million1
AD&D 60 + Over 5,8002 More than 4.7 million2
Long Term Disability 60 + Over 3,1003 More than 2.1 million3
Short Term Disability 60 + Over 2,5003 More than 1.3 million3
OUR DISTRIBUTION AND SERVICE STRUCTURE
Sales Premier Accounts National Accounts
Case Size 100 – 4,999 lives 5,000 + lives
Sales Team Premier Sales Executive National Sales Executive
Account Management Premier Accounts National Accounts
Case Size 100 – 4,999 lives 5,000 + lives
Service Team Premier Account Executive Premier Account Manager
National Account Executive National Account Manager
Service Team Experience Average 15 years Average 20 years
For Financial Professional Use Only — Not for use with the public
5
YOUR PRUDENTIAL TEAM
For Financial Professional Use Only — Not for use with the public
Chuck BrousseauVice President, Head of Distribution 443-860-1951 [email protected]
Bob LoveVice President, National Accounts, Sales & Account Management 973-548-6296 [email protected]
Bob DonaherVice President, Premier Accounts, Sales & Account Management 215-588-7414 [email protected]
Jessica GillespieVice President, Strategic Partnerships 267-329-8095 [email protected]
National Account Organization
Bob LoveVice President, National Accounts, Sales & Account Management 973-548-6296 [email protected]
John StadtmillerRegional Vice President, National Sales & Account Management — East Region 973-548-6154 [email protected]
Diane BellaRegional Vice President, National Sales & Account Management—Great Lakes Region 973-548-6584 [email protected]
Mark RosenthalRegional Vice President, National Sales & Account Management — West Region 818-263-8570 [email protected]
6For Financial Professional Use Only — Not for use with the public
Premier Account Organization
Bob DonaherVice President, Premier Accounts, Sales & Account Management 215-588-7414 [email protected]
Ron WitthohnRegional Vice President, Premier Sales & Account Management — Central Region 214-750-5067 [email protected]
Stu BreretonRegional Vice President, Premier Sales & Account Management — Northeast Region 215-784-3513 [email protected]
Shelley CascioRegional Vice President, Premier Sales & Account Management — Southeast Region 813-286-2352 [email protected]
Jack TresolineRegional Vice President, Premier Sales & Account Management — Great Lakes Region 614-472-2223 [email protected]
Dave HeilRegional Vice President, Premier Sales & Account Management — West Region 925-949-5617 [email protected]
Strategic Partnerships
Jessica GillespieVice President, Strategic Partnerships 267-329-8095 [email protected]
Patricia PayneDirector, Strategic Partnerships 312-542-3033 [email protected]
Joe CorbelliDirector, Strategic Partnerships 321-765-4966 [email protected]
Andrew QuinlanDirector, Exchange & Voluntary Benefit Partnerships 973-548-6036 [email protected]
Candice AllardProducer Relations Manager East Region 813-287-5090 [email protected]
Jessica Strikwerda Producer Relations Manager West Region 818-263-8585 [email protected]
7For Financial Professional Use Only — Not for use with the public
MORE THAN EVER, FINANCIAL WELLNESS MATTERS.Individuals enjoy financial wellness when they can effectively manage their day-to-day finances, save for long-term goals, and protect themselves
financially from unexpected risks. When a workforce shifts behavior to become financially well, the effects are measurable in terms of employee
satisfaction, heightened productivity, and reduced absenteeism.
To deliver on this, we use a unique three-phased approach: DISCOVERDiscover opportunities using sophisticated tools and insights to carefully analyze and continually measure performance to inform next steps.
DESIGN Design and deliver other solutions using our product and service capabilities to help address specific challenges and complement your existing offerings.
INSPIREINSPIRE employees to take action to improve their overall financial wellness, through tools and education.
We’ve aligned our supporting capabilities with each aspect of this approach, and our products
and services within this structure, to help drive success: Discover, Design, and Inspire.
DISCOVER
We help our customers discover opportunities using sophisticated tools
and insights to carefully analyze and continually measure performance
to inform next steps.
ff The Prutection ScoreSM — Together with participation analysis,
this proprietary tool analyzes employee needs, pinpointing gaps in
coverage for specific employee groups and providing group-level
insights to help your customers gain a true understanding of the
specific coverages and plan design options that they can offer to
their employees to help improve financial wellness. With supporting
research and analysis provided by Ernst & Young Insurance and
Actuarial Advisory Services.
ff Participation analysis — Evaluate employee census data to identify
coverage gaps across age, income, and gender.
ff Plan design benchmarking — Refines benefit plan designs to better
address employee financial needs and marketplace trends.
ff Health and productivity analytics — Drives the right data-driven
discussion for your customers, focused on opportunities and action,
to pinpoint opportunities to improve workforce productivity.
ff Financial Wellness Portal — Engages employees on their financial
health and provides employers with insights.
ff Self-Assessment Tool — Gives employees access to an assessment
of their financial wellness and suggestions on areas of focus.
Designed to complement our Prutection Score, the tool can provide
all data gathered in aggregate to help your customers gain a better
understanding of employee behaviors and financial need.
8 For Financial Professional Use Only — Not for use with the public
DESIGN
Your customers can rely on us to design and deliver solutions using
our product and service capabilities to help address specific challenges
and complement their existing offerings.
Budgeting and Account Aggregation tool
Enables employees to manage personal finances efficiently through
the consolidation of financial accounts on a single site and allows them
to create and maintain a budget across different spend categories.
Life (Including AD&D Insurance and Retiree and Global Solutions)
Solutions that help address the key financial risk of loss of income
due to premature or accidental death.
ff Expedited life claim process — Assists beneficiaries during
a difficult time by not requiring a death certificate for claims
less than $50,000.
ff Seamless assistance when coverage ends — When an employee
who loses coverage contacts Prudential’s Group Insurance Call
Center, they can schedule a complimentary, face-to-face meeting
with a local, licensed, and registered financial professional. The
financial professional can guide the employee through the coverage
continuation (portability and conversion) process and educate them
on options, like individual insurance and other opportunities, to help
secure their financial future.
ff Comprehensive support — Superior life claim processing, best-in-
class technology with “push” and “pull” reporting, and employee self-
service. Prudential offers core or full record-keeping services to assist
your customers with managing their Group Life Insurance coverages.
All our record-keeping services come with comprehensive customer
support for your customers and their employees. Your Prudential
representative can provide details regarding each service level and
any fees that may apply.
ff Accidental Death & Dismemberment (AD&D) — The leading cause
of death for people under 45 is accidents.4 For your customers, AD&D
plans are available on a stand-alone basis or as a supplement to
their Basic Term Life and Optional Term Life coverages. Plans feature
high coverage amounts with no medical evidence of insurability
required. Voluntary AD&D Insurance makes it easy for your customers
to help enhance employee financial wellness by providing access to
this valuable coverage.
ff Special Risk coverage — Affordable rates, no EOI, and flexible
plan designs. We can offer plans with high coverage amounts,
large aggregate limits, travel on aircraft, and blanket war risk
protection (with certain exceptions), as well as temporary coverage
for unusual aggregate limits, episodic events, and other exposures
not contemplated under normal circumstances.
ff Life benefits expertise — High degree of plan sponsor satisfaction
(based on customer satisfaction and customer persistency),
experienced sales and account management teams, and proactive
responsiveness to customer needs.
ff Wide-ranging enrollment options — Online/phone enrollment,
easy online and mobile EOI, targeted enrollment materials by life
stage, customer-specific or personalized enrollment kits, selection
of high-quality standard collateral enrollment materials, and custom
enrollment campaigns.
9For Financial Professional Use Only — Not for use with the public
Retiree Solutions
Your customers have access to several options to control their retiree life
liabilities and costs. We can consult with them on plan design changes,
offer products designed to offset or remove their liabilities, or position a
suite of voluntary retiree products that do not accumulate a future liability.
ff Retiree Life Buyouts (RBOs) — Enables employers to remove the
entire retiree life liability from their balance sheet for a distinct
group of retirees by transferring the mortality and investment risk
to Prudential through a single premium payment. RBOs provide
administrative ease to employers by eliminating most of the
administration related to these retirees. Additionally, employers may
chose a related product, Insurance Continuance Funds, which enables
employers to pre-fund retiree benefits during the working years of
employees with a plan asset.
ff GUL — Includes services that cover every aspect of the GUL
enrollment process—from campaign planning and management
to effective employee communications and meetings.5 Employees can
view account information, change beneficiaries, request withdrawals
or loans, and more by visiting our secure GUL self-service website.5
ff GVUL — We offer the same enrollment options to your customers as with
GUL, plus their employees can use our robust online enrollment system
to select face amounts and investment options. An account manager
experienced in GVUL oversees all aspects of customer service and
our dedicated GVUL service center handles all recordkeeping. The
secure GVUL service center offers employees similar services to those
included with the GUL site, or they can call the GVUL service center.
Global Solutions
ff Multinational Pooling — As the exclusive U.S. associate insurer of
two of the world’s leading multinational pooling networks, Insurope
and International Group Program (IGP),6 Prudential can offer access
to the advantages of global financial arrangements.
ff Captive Reinsurance — Prudential provides the same high level
of service and support as a ceding carrier for captives that we do
for any traditional insurance arrangement.
Disability
Disability Insurance helps with the risk of loss of income due to
an injury or illness.
ff Expanded Health & Productivity Consulting and Analytics Team —
drives the right data-driven discussion for your customers, focused
on opportunities and action.
ff Focus on Disability Claims — Through return-to-work research and
productive aging thought leadership, targeted to you.
ff Advanced technology — Our newest capabilities include two-way
texting to claimants and user-friendly web portal enhancements that
gives employers and employees 24/7 access, in addition to other
system enhancements. This on top of a single platform for all absence
and disability events, a paperless process automated by our proprietary
claims management system, strong online capabilities, real-time
online reporting and tracking, and value-added analytical reporting.
ff Superior disability claim management approach — Employee-
focused disability management with personalized support throughout
the claim and a passion for providing a superior claim experience.
ff Expert absence management services — Consistent, compliant
leave administration that adapts to customers’ cultures and other
benefits programs, helps reduce risk exposure to penalties or litigation,
and helps minimize the expenses associated with employee absence.
10 For Financial Professional Use Only — Not for use with the public
ff Innovative Return to Work Services — Compassionate support
and resources to proactively transition disabled employees back to
work. We build a partnership between the employer, employee, and
physician to help drive positive outcomes. Prudential offers real-time
reporting to validate and confirm employee return-to-work status,
plus a suite of optional services that provide vocational resources and
other consultative expertise.
ff Responsive customer service — Customized, flexible service,
including one call center for intake and service, staffed by
experienced absence and disability professionals.
Critical Illness
Critical Illness Insurance helps address out-of-pocket medical and non-
medical costs due to a critical illness.
ff Valued protection when it’s needed — Critical Illness Insurance
gives your customer’s employees the opportunity to purchase coverage
at affordable, age-banded rates and to enroll for certain coverage
amounts without proof of good health. Benefit is conditioned upon the
occurrence of a covered condition. Payment can be used for whatever
purpose the employee chooses, without restriction.
As part of our standard offering, a Reoccurrence Benefit allows an
insured to receive an additional benefit payment for the second
diagnosis of a previously covered condition, subject to policy limita-
tions. Additionally, the Lifetime Maximum benefit provides protection
against more than one covered condition.
Accident
Accident Insurance helps address the out-of-pocket medical and non-
medical costs due to an injury resulting directly from an accident.
ff A simplified claims process that’s easier for everyone — Unlike
traditional Accident Insurance, which requires claims to be filed
after every treatment, Prudential’s approach requires a claim to be
filed after an accidental injury and diagnosis — and that’s it. Your
customer’s employees can even file claims and check status online
24/7, or they can use our standard process.
ff Payments based on diagnosis — A claim is paid at the time of
diagnosis — no need to incur expense or undergo treatment.
ff Greater plan design flexibility — Employers can choose what’s
covered under the plan. Plus, our Accident coverage can be integrated
with AD&D Insurance benefits for an even more robust offering.
DESIGN
11
INSPIRE
We inspire your customers’ employees to take action to improve
their overall financial wellness, through tools and education.
ff Prudential PathwaysSM provides a full suite of on-site financial education
to suit the needs and communication preferences of employees and
to help them identify their needs. We work with your customers to
determine the combinations that can work best for their situation. We
will also expand employee reach through a digital platform.
ff Financial Wellness Portal will help employees identify opportunities
to improve their financial health through tools, short articles and
videos, and more, and will help give employers general insight into
employee financial challenges.
ff Digital Financial Education enables scalable engagement
with employees on key financial issues.
ff Enrollment support — We support your customers’ enrollments
whether they take place on an employer’s or third-party vendor’s
enrollment site. We can help them assess and improve their
enrollment experience and integrate critical capabilities such as our
real-time Needs Estimators and EOI Connect, both of which have been
enhanced. The latter asks employees fewer questions, helping to boost
the rate of instant approvals to 70%.7
ff Enrollment website — Designed with employees in mind, our intuitive
website uses a targeted communications approach, rendering
educational information, plan choices, and imagery based on the
user’s demographic profile. Two navigation paths let employees
either enroll immediately or choose to review the costs of coverages
and access educational materials before making benefit decisions.
Employees can also answer health questions online, if required.
For Financial Professional Use Only — Not for use with the public
12 For Financial Professional Use Only — Not for use with the public
CONVENIENT AND CUSTOMER- FOCUSED TECHNOLOGYThe technology behind our tools helps infuse our products and services
with The Wellness Effect. But we also continue to invest in and upgrade
technology to enhance our customer-focused plan administration services
and systems. With self-service, web-based portals, we offer our customers
convenient access to real-time information in a secure environment.
ff Link2Benefits — Our customized, online employer portal, providing
easy access to contracts, plan documents, claim submissions and
data, and billing, plus a host of other online services. In addition,
employers can customize life claims reports and integrated leave and
disability reports based on the data and structure that meet their needs.
Employers have 24/7 online access to the reports, and they can be
emailed to appropriate personnel at employer-selected time frames.
ff My Benefits — Our employee website, available 24/7 to review
coverage information, change life insurance beneficiaries, check
claim status, submit notice of absence and disability, check absence
and disability status, download forms and plan documents, and more.
Employees may also schedule a phone appointment with an English-
or Spanish-speaking customer service professional.
EXPERIENCE PARTNERSHIP WITH A GROUP BENEFITS LEADERThe Prudential brand has been synonymous with helping people achieve financial security and peace of mind since 1875. And for over 100 years, Prudential Group Insurance has worked to ensure the continuity of life and business by helping clients and their employees meet their benefits challenges—and ensure financial wellness. Prudential’s strong history and commitment instills trust and confidence with:
ff Tailored benefit programs, with a consultative approach, that help improve plan performance.
ff Service experiences that make it easy to do business.
ff Protection solutions that concentrate on employee financial wellness.
Today, Prudential is the second-largest carrier of group life insurance and a leading disability insurance carrier,8 with solid financial strength ratings:9
ff A.M. Best: A+
ff Standard & Poor’s: AA-
ff Moody’s: A1
ff Fitch: AA-
For up-to-date information about our ratings, please visit www.investor.prudential.com.
OUR VALUABLE RELATIONSHIP WITH YOUPrudential recognizes the value of maintaining strong, collaborative relationships with producers. Together we can help your customers master benefit challenges and empower their employees to experience The Wellness Effect. We work with you to develop and review your customers’ plan designs, and provide the right resources to help you provide exceptional customer service. We offer:
ff Expert associates — Our highly trained, experienced professionals are ready to deliver solutions.
ff Producer microsites — Your associates can easily access our latest tools and information through a Prudential-maintained website.
ff Leading-edge research — Our research provides the critical insight on emerging trends and issues that can help your customers hone their companies’ benefit strategies.
ff Webinars — Based on Prudential’s research, our interactive webinars feature insight from Prudential experts to help you gain a richer understanding of trends shaping the ever-evolving benefits marketplace.
ff Continuing education — Our Real Advantage CE courses are held throughout the year, plus lunch ‘n’ learns are available upon request.
13
A DIVERSE AND FLEXIBLE PRODUCT PORTFOLIO Prudential’s product portfolio enables customers to get multiple, top-quality coverages from a single carrier. We offer Life, Disability, Critical Illness,
and Accident Insurance, as well as retiree and global solutions and non-qualified benefits.
Life Insuranceff Basic, Optional, and Dependent Term Life
ff Basic and Optional Accidental Death & Dismemberment
ff Business Travel Accident
ff Group Universal Life
ff Group Variable Universal Life
ff Executive Group Variable Universal Life
Disability Insurance and Servicesff Short Term Disability
ff Long Term Disability
ff Integrated Short & Long Term Disability
ff State Mandated Disability
ff Absence Management*
ff Administrative Services (ASO and ATP)
ff Return to Work Services
ff ADAdvocateTM Accommodation Support Services
Critical Illness Insurance
Accident Insurance
Retiree Solutions ff Insurance Continuance Fund
ff Retiree Life Buyout
ff Group Universal Life Insurance†
ff Group Variable Universal Life Insurance†
ff Executive Group Variable Universal Life Insurance†
ff Voluntary Retiree Reducing Term Life Insurance
Global Solutions6
ff Multinational Pooling
ff Captive Reinsurance
Non-Qualified Benefits ff Corporate Owned Life Insurance
ff Trust Owned Life Insurance
ff Bank Owned Life Insurance
COMMITTED TO EXCELLENCEff 96% of customers are satisfied with
their Prudential relationship10
ff 95% of customers are satisfied with the overall
value of Prudential10
ff 95% are satisfied with their account team contact10
ff 94% of customers say that Prudential is “easy to do business with”10
ff 97% of life claim beneficiaries are satisfied with our overall claims service11
EXPERIENCE. PRUDENTIAL.
Through a robust portfolio of group insurance offerings and
extensive industry expertise, we simplify the entire process
so that businesses and individuals can feel that they are
protected from unavoidable risks.
† The primary purpose of life insurance products is to offer a death benefit.
14 For Financial Professional Use Only — Not for use with the public
15For Financial Professional Use Only — Not for use with the public
*Available to customers with 1,000 or more lives.
1 2015 Statutory Annual Statement of Prudential Excerpts (Blue Book). Client counts and lives covered are based upon number of contracts and certificates in force on the Exhibit of Life Insurance. 2 LIMRA, 2015 Annual Survey of U.S. Group Life Insurance. Client counts and lives covered are based upon number of contracts and certificates in force. 3 LIMRA, 2015 Annual U.S. Group Disability Sales and Inforce Survey. Client counts and lives covered are based upon number of contracts and certificates in force. 4 “10 Leading Causes of Death by Age Group, United States, 2014.” National Vital Statistics System, National Center for Health Statistics, CDC. 5 An additional premium tax may apply. If the cash contribution exceeds certain limits and the GUL coverage becomes a “Modified Endowment Contract” (MEC), different tax rules, and in some cases, penalties apply for lifetime distributions such as loans, withdrawals, and assignments. A MEC can result from premium payments or from a reduction in coverage (such as the purchase of paid-up life insurance). If this applies, Prudential will notify the employee in writing of the status and advise of current options (if any) and by when the employee must respond. Prudential is not authorized to give tax advice. Please consult a tax advisor. 6 Insurope and International Group Program (IGP) are not Prudential Financial companies. 7 Prudential Group Insurance Book of Business Results, 2015. 8 LIMRA, 2015 Annual Surveys of U.S. Group Life and Group Disability Insurance. 9 As of February 8, 2017. AAA (Extremely Strong) is the highest of 24 ratings that Standard & Poor’s extends, the lowest being R (has experienced regulatory action), and is a measure of claims-paying ability. Aaa (offers exceptional financial security) is the highest of 21 ratings that Moody’s extends, the lowest being C (having extremely poor prospects of ever offering financial security), and is a measure of financial security. A++ (Superior) is the highest of 15 ratings that A.M. Best extends, the lowest being F (In Liquidation), and is a measure of claims-paying ability. AAA (Exceptionally Strong) is the highest of 21 ratings that Fitch Ratings extends, the lowest being D (Distressed), and is a measure of insurer financial strength. Ratings are not an indication of any variable portfolios’ performance, which fluctuates with market conditions. Ratings are not a guarantee of future financial strength and/or claims-paying ability. 10 The Prudential Insurance Company of America, 2015 Group Insurance Customer Relationship Survey. 11 Prudential Group Life Claims Beneficiary Satisfaction Survey, 2015.
This policy provides ACCIDENT insurance only. It does NOT provide basic hospital, basic medical, or major medical insurance as defined by the New York Department of Financial Services.
IMPORTANT NOTICE — THIS POLICY DOES NOT PROVIDE COVERAGE FOR SICKNESS.
This policy provides disability income insurance only. It does NOT provide basic hospital, basic medical, or major medical insurance as defined by the New York State Department of Financial Services.
North Carolina Residents: THIS IS NOT A MEDICARE SUPPLEMENT PLAN. If you are eligible for Medicare, review the Guide to Health Insurance for People with Medicare, which is available from the company.Group Critical Illness and Group Accident Insurance coverages are limited benefit policies issued by The Prudential Insurance Company of America, a Prudential Financial company, Newark, NJ. Prudential’s Group Critical Illness and Group Accident Insurances are not substitutes for medical coverage that provides benefits for medical treatment, including hospital, surgical, and medical expenses, and does not provide reimbursement for such expenses. The Booklet-Certificate contains all details, including any policy exclusions, limitations, and restrictions, which may apply. If there is a discrepancy between this document and the Booklet-Certificate/Group Contract issued by The Prudential Insurance Company of America, the Group Contract will govern. A more detailed description of the benefits, limitations, and exclusions applicable are contained in the Outline of Coverage provided at time of enrollment. Please contact Prudential for more information. Contract provisions may vary by state. Group Critical Illness
Critical Illness, Accident and Accidental Death & Dismemberment plans are NOT considered “minimum essential coverage” under the Affordable Care Act and therefore does NOT satisfy the individual mandate that you have health insurance coverage. If you do not have other health insurance coverage, you may be subject to a federal tax penalty.Group Life, Disability, Accidental Death & Dismemberment, and Group Universal Life Insurance coverages are issued by The Prudential Insurance Company of America, a Prudential Financial company, Newark, NJ. The Booklet-Certificate contains all details, including any policy exclusions, limitations, and restrictions, which may apply.
GVUL is issued by The Prudential Insurance Company of America and distributed through Prudential Investment Management Services LLC (“PIMS”). The Prudential Insurance Company of America is located in Newark, NJ and PIMS is located in Newark, NJ. Both are Prudential Financial companies.
This Material is for informational or educational purposes only. The information is not intended as investment advice and is not a recommendation about managing or investing assets or retirement savings. In providing these materials, Prudential is not acting as your fiduciary as defined by the Department of Labor.
PruPathways seminars are provided by a Prudential Financial Professional with The Prudential Insurance Company of America and are not intended to market or sell any specific products or services. Offering this seminar does not constitute an endorsement of Prudential products or services in any way.
The Prutection ScoreSM is a measure of how prepared a group of employees is for the risks of (1) premature death, (2) loss of income due to an illness or injury, (3) out-of-pocket expenses related to an illness or injury, and (4) outliving assets. For each of these risks, the Prutection Score is the ratio of Funds Available to Funds Needed, which is estimated using employee demographic information, Prudential survey data, and a variety of credible external industry and government sources. While the first three risks take into account actual coverage amounts employees have to help protect them against those risks (e.g., Life, Disability, CI and Accident Insurance), the Outliving Assets Risk does not (e.g., no actual employee retirement assets and deferral rates). The Outliving Assets risk does not evaluate the sufficiency of employer’s or employee’s retirement plans and does not constitute retirement advice. The Prutection Score is not intended to advise you or any of your employees what their specific financial needs might be or the exact amount of coverage any one individual might need now or in the future. The resulting scores are to be used for an entire group of employees or large demographics within a group. Results are not to be used at an individual level. Individuals should contact a financial professional regarding their personal situation. Prudential is not responsible for uses made of this information inconsistent with the description provided here.
Prutection Score is a service mark of The Prudential Insurance Company of America.
©2017 Prudential Financial, Inc. and its related entities. Prudential, the Prudential logo, the Rock symbol, and Bring Your Challenges are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.
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