PruLife® Index Advantage UL
LIFE INSURANCE PROTECTION WITH A POTENTIAL
CASH VALUE GROW TH ADVANTAGE.
Issued by Pruco Life Insurance Company or
Pruco Life Insurance Company of New Jersey.
0214196 Ed. 03/2016
0214196-00010-00 Exp. 08/10/2017
ABOUT THIS BROCHURE.
This brochure is intended to provide an overview of the key
features of PruLife® Index Advantage UL (IUL-2014).
This brochure does not cover all of the terms and
conditions of the policy or riders. For additional details,
you must review the forms of the policy and riders,
illustrations, and related disclosures. Your financial
professional can provide you with an illustration that has
additional information and important considerations about
this product. In fact, the best way to understand how this
life insurance policy works is with the help of a financial
professional and a policy illustration. An illustration can
show you the effects of various interest-crediting rates on
your policy, and a financial professional can help you assess
and offer solutions to meet your needs.
Life insurance protection for the
challenges in life.
When thinking about tomorrow, be prepared for the best and worst that can happen. A wellprepared strategy should be able to get you and your loved ones through life, even when the
unexpected happens. Consider that chronic illness will affect 7 in 10 people age 65 and
older1 and can create a new reality for you or anyone who thought they had things figured out.
Additional years in retirement, while good, can wreak havoc on your well-laid 20-year retirement
plan. Market volatility and high tax rates can jeopardize what you’re counting on for the future.
Having options to do more with what you have is just plain smart.
PruLife Index Advantage UL (Advantage UL) is a permanent life insurance policy that can help
protect you and your family today and tomorrow. It offers death benefit protection and has the
potential to provide an alternate source of income, financial support for a chronic or terminal
illness, and flexibility to get you through the years ahead.
ADVANTAGE UL CAN HELP YOU WITH YOUR GOALS:
• Protecting your family in case something happens to you. When your family is growing
and your income is critical to their livelihood, the death benefit can help protect their
lifestyle. The death benefit is generally received income tax free (according to Internal
Revenue Code §101(a)). This policy also has a guarantee feature that can ensure your
policy won’t lapse during your prime working years and even into early years of retirement
as long as sufficient premiums are paid and other guarantee requirements are met.
PEOPLE ARE LIVING
AN AVERAGE OF
23 YEARS
IN RETIREMENT 2
You need your retirement
income to last longer and
withstand the ups and downs
of market cycles in the process.
This life insurance policy has
potential to help with this need.
http://longtermcare.gov/the-basics/who-needs-care/ (Accessed November 25, 2013)
2008 Valuation Basic Table, Select and Ultimate Nonsmoker, which is based on U.S. insurance company
individually underwritten mortality experience. This is the most recent table available.
1
2
• Having a supplemental source of income in retirement.3 This
policy can provide an alternate source of income by its potential
to build cash value. Advantage UL has two interest crediting
options that work toward this goal: Basic Interest Account and
Indexed Interest Account. Each offers tax-deferred growth but
one is based on a fixed interest rate and the other is based
on the performance of the S&P 500® Index (which excludes
dividends),4 subject to the Index Growth Cap.
It includes protected growth in the interest accounts. When you
want to benefit from the market ups but you don’t want to lose
values based on market downs, the Index Growth Cap and Floor
offer just that. The Indexed Account gives you the potential to
earn a rate of interest up to the cap and gives you the protection
of the floor if the S&P 500® Index performs negatively.
• Helping protect your lifestyle in case you become chronically or
terminally ill. Advantage UL offers the optional BenefitAccess
Rider. (Refer to the back cover for more important details about
this rider.) It can be used to help you cope with the financial
impact of a chronic or terminal illness. Once you qualify, you can
use benefits in any way you feel best suits your personal needs.
Since it accelerates the death benefit, there will be a reduction in
the amount available for your beneficiaries. It is available for an
additional charge; additional underwriting requirements apply.
3
ou can access life insurance policy cash values by taking withdrawals and/or policy loans. Loans are charged interest;
Y
they are usually not taxable. Withdrawals are generally taxable to the extent they exceed basis in the policy. Loans
that remain unpaid when the policy lapses or is surrendered while the insured is alive will be taxed immediately to
the extent of gain in the policy. For policies that are Modified Endowment Contracts (MECs), distributions (including
loans) are taxable to the extent of income in the policy; an additional 10% federal income-tax penalty may apply.
Consult your tax advisor for advice about your own situation. Access to policy withdrawals is restricted during periods
in which BenefitAccess Chronic Illness benefit payments are being made.
This is not an investment in the S&P 500® itself. Refer to page 5 for more information about the Index Growth Cap.
4
2
PRULIFE® INDEX ADVANTAGE UL
Meet your challenges head on
with Advantage UL.
Importance of the Floor on Indexed account Segment values.
Start
0% Floor
Year 1
No Floor
PROTECTION FROM A MARKET DOWNTURN.
It’s easy to underestimate the value$10,000
of having a 0%
$10,000
floor in Advantage UL. The chart provides an example
of how the floor helps preserve your cash value in the
Indexed Account Segment even when the market goes
down, in this case, by 9%.
By contrast, a product without a floor would lose
9%. When the market improves by 9% the next year,
Advantage UL can provide a cash value of $10,900
compared with a product without a floor, which would
only have $9,919.
This is a hypothetical example for illustrative
purposes only of Index Segments being created two
years in a row and does not include fees and charges
that may be deducted. Credited interest rates are not
actual rates of return due to policy charges. Policy
charges will be taken from any values in the Basic
Interest Account first and then from most recently
created Indexed Account segments. (Refer to pg. 7
for discussion on segments.)
0% Floor
IMPORTANCE OF THE FLOOR
Year 2ON INDEXED
ACCOUNT SEGMENT VALUES.
(-9% = 0%)
$10,000
$11,500
$150,000
No Floor
0% Floor
(-9%)
$9,100
(+9%) 0% FLOOR
(+9%)
$10,900
$9,919
NO FLOOR
$11,000
$110,000
No Floor
+9%
$10,900
$10,500
$105,000
$10,000
$100,000
-9% = 0%
$10,000
+9%
$9,919
$9,500
$95,000
$90,000
$9,000
-9%
$9,100
$85,000
$8,500
START
YEAR 1
YEAR 2
0% FLOOR
THE
PROTECTS YOUR
POLICY FROM MARKET
DOWNTURNS.
No money will be lost from
your account because
of a negative S&P 500®
performance.
3
How the policy
can work for
your goals.
The Basic Interest Account is a
fixed-interest account and provides
a guaranteed interest amount. This
account can help offset some of the
fluctuations that are expected with the
Indexed Interest Account.
TWO INTEREST ACCOUNTS CAN WORK
TOWARD YOUR CASH VALUE GROWTH GOAL.5
There are two interest accounts that give the policy the
potential to grow its cash values. Both accounts are
protected from market downturns.
Basic Interest Account Crediting Example
Earns fixed interest on a daily basis and the
effective annual interest rate will equal the interest
rate declared by Prudential. For example:
• If the Basic Interest Account rate is 3%,
that will be the rate used to credit your Basic
Interest Account.
• The Basic Interest Account rate is subject to
change throughout the year.
The Indexed Interest Account gives
you an opportunity to have higher
interest credited based on the
performance of the S&P 500® Index
(which excludes dividends). It is
not a direct investment in the S&P
500® itself.
Indexed Interest Account Crediting Example
Earns interest on each premium segment on an
annual basis and the amount is based on the
performance of the S&P 500® Index, subject to a
Growth Cap and Floor. For example (assuming a
11% Growth Cap and 0% Floor):
• If the S&P 500® has a 14% gain for the
12-month period your segment has been in
existence, and that segment’s cap is 11%,
you will be credited 11% for that segment.
• If the S&P 500® has a performance of -10%
for the 12-month period your segment has
been in existence, and the floor is 0%, you
will be credited 0%.
• If the S&P 500® has a 5% gain for the year,
you will be credited 5%.
he potential to build cash value in the Indexed Account is based on the performance of the S&P 500® Index (using
T
an Index Growth Cap and Floor) on an annual point-to-point basis based on a 100% participation rate (subject to
change). Money that is placed in the Indexed Account is not a direct investment in the S&P 500® Index. If amounts
in the Indexed Account are withdrawn prior to the end of the one-year term, no interest will be credited. The policy is
not a variable contract or an investment.
5
4
PRULIFE® INDEX ADVANTAGE UL
THE INDEX GROWTH CAP AND THE FLOOR.
The Index Growth Cap and the floor work in very straightforward ways. The cap is the maximum
amount of interest that will be credited to the Indexed Account in a 12-month period of time regardless
of changes to the S&P 500®. The floor is the least amount of interest that can be credited to your
account. This means that if the S&P 500® performs below 0%, no money from your account will
be lost based on market performance, nor will any be gained. This visual shows the S&P 500®
performance over the last 25 years. Note that when the S&P 500® has had years of extreme growth,
the most interest earned would be 11% because of the cap. Conversely, in the years where the S&P
500® has experienced great loss, there would be no market-based losses, thanks to the floor. Please
note that policy charges still apply.
Line graph data
INDEXED INTEREST ACCOUNT vs. S&P 500 ® INDEX
S&P
RETURN
Year500® INDEXS&P
500RATE Indexed
INDEXED INTEREST
ACCOUNT RATE
Index
Interest
Average annual historical Index Growth Rate (excluding
dividends) for a 25-year period ending on 12/31/15
CAP
FLOOR
40
35
30
25
20
15
10
5
0
-5
-10
-15
-20
-25
-30
-35
-40
1990
1995
2000
2005
Return Rate
Account
Rate
1990
-6.56%
0.00%
1991
26.31%
11.00%
1992
4.46%
4.46%
1993
7.06%
7.06%
1994
-1.54%
0.00%
1995
34.11%
11.00%
1996
20.26%
11.00%
1997
31.01%
11.00%
1998
26.67%
11.00%
1999
19.53%
11.00%
2000
-10.14%
0.00%
2001
2010
-13.04%
2015
0.00%
2002
-23.37%
0.00%
2003 is not a26.38%
This is a hypothetical example for illustrative purposes only. Past performance
guarantee of 11.00%
future
2004
8.99%
8.99%
results. This does not reflect the performance of an actual account value.
2005
3.00%
3.00%
2006
13.62%
11.00%
2007
3.53%
3.53%
2008
-38.49%
0.00%
2009
23.45%
11.00%
2010
12.78%
11.00%
2011
0.00%
0.00%
2012
13.41%
11.00%
2013
29.60%
11.00%
2014
11.39%
11.00%
2015
-0.73%
0.00%
5
Living benefits can help protect you
financially from a chronic or terminal illness.
THE CHALLENGE OF
CHRONIC AND
TERMINAL ILLNESS.
5 in 10 people age 65 and
older will need chronic
illness care later in life.6
5
IN10
80% of people who are
chronically ill live in a
private home and 80%
are cared for by family
and friends.7,8
5%
Usually, life insurance benefits are paid to your beneficiaries
when you die; living benefits are ones that allow you to accelerate
the death benefit while you’re alive. Please note that, when you
accelerate the death benefit, it reduces and may eliminate the
amount that your beneficiaries will receive.
PruLife Index Advantage UL offers two options that allow you to
accelerate the policy’s death benefit while you are living.
• BenefitAccess Rider: This feature enables you to accelerate
the death benefit to help you cope with a chronic or
terminal illness, subject to the terms and conditions of
the rider. It is available for an additional charge, and
additional underwriting requirements apply. This rider can
be chosen only at policy issue (See the back cover and the
BenefitAccess Rider brochure for more important details
about this rider.)
• Living Needs Benefit SM: This feature enables you to
accelerate the death benefit if you become terminally ill.
(Refer to the back cover for more important details about
this rider.)
Other riders can further customize your policy.
Advantage UL also offers a number of other riders. Please refer to
the inside back cover for more information.
2%
COMMUNITY-BASED RESIDENCES
WITH SUPPORTIVE SERVICES ............ 2%
13%
80%
ASSISTED LIVING AND OTHER
RESIDENTIAL CARE FACILITIES.......... 5%
NURSING HOMES............................. 13%
PRIVATE HOMES............................... 80%
Favreault M, et al. Long-term Services and Supports for Older Americans: Risks and Financing. ASPE Issue Brief. Department
of Health and Human Services. July 2015, p.3, 9.
6
http://longtermcare.gov/the-basics/who-will-provide-your-care/ (Accessed November 25, 2013).
7
Hagen S, et al. Rising demand for long-term services and supports for elderly people. Congressional Budget Office. June 26,
2013, p.20.
8
6
PRULIFE® INDEX ADVANTAGE UL
How your
policy works.
BASIC INTEREST ACCOUNT.
• The fixed interest rate for the Basic Interest Account is declared by
Prudential and is subject to change, but guaranteed to be at least 1%.
(Check online at www.prudential.com for the current Basic Interest
Account rate.)
• 100% of eligible funds may be allocated to this account; however, doing
so may result in higher premium payments needed to keep the policy in
force in the future.
• All premiums are initially deposited into this account. Net premiums
will be held in this account until there is enough to cover anticipated
monthly charges for a full year. Subject to product rules, policy values
over that amount can then be transferred to the Indexed Interest
Account if you wish.
INDEXED INTEREST ACCOUNT.
• Has a minimum, or floor, of 0% to protect your account from S&P 500®
performance below 0%.9
• Has a maximum, or cap, on how much interest is credited. The cap,
called the Index Growth Cap, is subject to change, both up and down,
based on the company’s discretion, but will never be less than 3%.
The Index Growth Cap is declared for each Index Segment in advance
of a segment being created and will not change for the duration of the
segment. Changes to the Index Growth Cap could result in different
values than shown here. Changes are not tied to the performance
of the underlying index and may be based on interest rates, market
volatility, and other factors. Go to www.prudential.com to find out the
latest Index Growth Cap.2
• Money that is transferred into the Indexed Interest Account creates a
segment. The segment will mature 12 months from the date it is created
and, at that time, it will earn interest based on the change in the S&P
500® Index (which excludes dividends) for that 12-month period of
time, subject to the Index Growth Cap and Floor.
• Has a participation rate of 100%. The participation rate determines
the percentage of the gain (if any) in the designated index that will be
credited to the policy, subject to a cap and floor.
• Any amount between 0% and 100% of eligible funds can be transferred
into this account on the 15th of the month, once the required minimum
amount has been retained in the Basic Interest Account.
• 100% of eligible funds may be allocated to this account. You designate
the percentage (between 0% and 100%) of eligible funds to be
transferred into the Indexed Interest Account on the transfer date. You
may change your percentage allocation up to 12 times a year. Go to
www.prudential.com to find out the current Index Growth Cap prior to
allocating funds.
Index Growth Caps and Floors may be different in select states.
9
7
Flexible
premiums and
a No-Lapse
Guarantee.
The policy’s No-Lapse Guarantee ensures that, for a certain time period,
your policy will stay active no matter what happens to your policy’s
values. Advantage UL has a Limited No-Lapse Guarantee. This protects
the policy for 20 years or to age 70, whichever comes first, but never
less than 10 years.
The Limited No-Lapse Guarantee is a premium-based guarantee,
which means that in order to maintain the guarantee a certain level of
premiums (net of withdrawals) must be paid into the policy. The NoLapse Guarantee may not extend for the life of the policy.
Also, the Limited No-Lapse Guarantee will not protect the policy from
lapse caused by excess policy debt.
It is important that you pay your scheduled premiums when they are
due. Missed or late premium payments may cause your lapse protection
to end. Payments to restore the guarantee may be higher than those you
were originally paying.
Please note that, by paying only the minimum premium required, you
may be forgoing the potential to build tax-deferred cash value.
CONTRACT FUND.
The premiums you pay, less any policy charges, become your Contract
Fund. The Contract Fund is used to pay ongoing policy charges and
will determine, in part, whether your contract will remain in force or go
into default. The Contract Fund is also used to determine the amount
available to you for loans and withdrawals.
ACCESS TO CASH VALUE FOR INCOME AND NEEDS.
Any cash value built up in the policy can be accessed through loans
and withdrawals. If you no longer need the entire death benefit for
protection, you can use the cash value in your policy for other purposes.
For example, you can pay an unexpected expense or use it to help
supplement your income.
If you choose to take a loan or withdrawal, depending on the amount
of loan you take, your policy can terminate or your premiums may need
to increase to keep the policy in force in later years. Your financial
professional can provide you specific details.
8
PRULIFE® INDEX ADVANTAGE UL
ALTERNATE CONTRACT FUND (ACF).
This policy features an alternate contract fund, which guarantees a cumulative return of 1% annually
on net premiums, regardless of Indexed Interest Account performance.
The ACF is accumulated by adding the net premiums, deducting the same withdrawals and charges
as the Contract Fund (except for the Asset Based Charge), and crediting an annual rate of 1.00%
each year. If the ACF is greater than the calculated Contract Fund, the ACF is used in place of the
Contract Fund for most policy provisions, including the calculation of surrender value, available loan
amount, amount at risk, and death benefits. See your policy for more information on the impact of
the alternate contract fund on these and other values.
THE DEATH BENEFIT OPTIONS.
You can choose either a Fixed (A) or Variable (B) death benefit.
Total Death Benefit
Total Death Benefit
Face Amount
Fixed (type A):
The death benefit generally remains constant
and is usually equal to the face amount. The
net amount payable at death is generally
equal to the death benefit minus any
outstanding policy debt.
Face Amount
Variable (type B):
The death benefit generally fluctuates in direct
relation to the value of your Contract Fund.
The net death benefit proceeds will generally
equal the face amount (also called the basic
insurance amount) plus the Contract Fund
minus any outstanding policy debt.
9
Maintain your
policy to stay
on track.
Reviewing policy values is important. Monitoring your policy on
a regular basis can help ensure that your cash value is earning
interest and growing the way you anticipated. Variations in interest
crediting will affect your policy’s cash values. If the amount that’s
credited is lower than anticipated, your premiums may need to
increase to keep your policy in force in later years. You may need
to make adjustments to your premiums to help make sure your
protection lasts as long as you need it to. Once each year you will
receive an annual statement of policy values. This statement will
provide:
• The value of your policy as of the last day of the policy year.
• Details on new index segments created or matured during
the statement period. For matured segments, you will see
the interest rate credited on the segment; based on the
performance of the index and applicable caps, floors, and
participation rates.
• The current Indexed Account factors as of the date the
statement is produced. These rates will be subject to change.
The charges
in your policy.
POLICY CHARGES.
There are different types of policy charges that apply, to cover the
cost of offering these insurance benefits.
• Premium-based charge: Consists of administrative charges not
more than 3.75% of each premium and sales charges of not
more than 8% of each premium.
• Monthly charges: Cost of insurance charges; administrative
charges; and charges for additional riders and benefits.
• Asset-based charge: A monthly charge for administrative
expenses. The amount of this charge is not more than 0.75%
(0.0623% a month) of the Contract Fund (excluding the
amount of any loan).
• Administrative charges: Transactional charges that may
result from a withdrawal; or reduction in the basic insurance
amount; and additional transactional charges that are
assessed when one of the following benefits is exercised:
Living Needs Benefit SM , BenefitAccess Rider, or Overloan
Protection Rider.
• Surrender charge: A charge that applies to any partial or full
surrender made from your policy within the first 15 years of
the date the policy is issued.
• Interest charges: An annual charge applicable to any
outstanding loans.
10
PRULIFE® INDEX ADVANTAGE UL
Riders
RIDERS CAN CUSTOMIZE YOUR POLICY TO HELP BETTER MEET YOUR INDIVIDUAL NEEDS.
TYPE
NAME
BENEFIT
Living Benefits
BenefitAccess Rider
VL 145 B2-2013 and
ICC13 VL 145 B2-2013
(State variations apply.)
A rider that can accelerate the death benefit to
help ease the financial burden on you and your
loved ones if you become chronically or terminally
ill. Available for an additional cost. Additional
underwriting requirements and limits may apply.
Living Needs Benefit SM
ORD 87241-90-P
(ORD 87241-2010-P MA
in MA)
(State variations apply.)
A benefit that, if you become terminally ill, will
advance a portion of your death benefit to help
ease the financial burden you and your loved
ones could face. Please note that, if you receive
a partial Living Needs Benefit SM claim payment
while there is a loan on your policy, a portion of
the benefit payment will be used to reduce the
loan on a pro-rata basis. The benefit you receive
will be reduced by the amount of the loan
repayment.
Waiver of Premium
Enhanced Disability Benefit
VL 100 B-2013
(State variations apply.)
A benefit that will pay your policy premiums if
you become disabled so that your valuable life
insurance coverage can remain intact. There is
an additional charge for this rider.
Children’s Rider
Children Level Term Rider
VL 182 B-2005
(State variations apply.)
A feature that gives you the option to provide life
insurance on your children while they are young.
There is an additional charge for this rider.
Accidental
Accidental Death Benefit
VL 110-B-2000
Not Available In MA
(State variations apply.)
A benefit that pays an additional amount of
death benefit if death is the direct result of an
accident. There is an additional charge for this
rider.
Other
Enhanced Cash Value Rider
PLI 496-2013 and
ICC13 PLI 496-2013
(State variations apply.)
A rider that helps your policy gain higher cash
value in the early years of the policy in case of
surrender. There is an additional charge for this
rider.
Overloan Protection Rider
PLI 518-2008
(PLY 123-2008 NY in NY)
A benefit that, for a one-time charge when
exercised, may keep your policy from lapsing if
you have an outstanding loan.
Riders contain exclusions, limitations, and terms for keeping them in force. A financial professional
can provide you with costs and additional details. They are not available in all states and some have an
additional cost.
11
PruLife® Index Advantage UL
Life Insurance Protection for the Challenges in Life
A FINANCIAL LEADER FOR
NEARLY 140 YEARS.
Prudential Financial is a worldwide financial leader with
a long tradition of serving the public interest. Prudential
Financial has approximately 50 million customers. The
well-known Rock symbol is an icon of strength, stability,
expertise, and innovation that has stood the test of time.
Produced with the
environment in mind
Printed
onon
Recycled
Paper
Printed
Recycled Paper
Withwith
__%10%
Post
ConsumerWaste
Waste
Post-Consumer
Benefits paid under the BenefitAccess Rider are intended to be treated for federal tax purposes as accelerated life insurance
death benefits under IRC §101(g)(1)(b). Tax laws related to the receipt of accelerated death benefits are complex. Benefits
received may be taxable in certain circumstances. Receipt of benefits may affect eligibility for public assistance programs
such as Medicaid. Accelerated benefits paid under the terms of the Terminal Illness portion of the rider are subject to a $150
processing fee ($100 in Florida). Clients should consult tax and legal advisors prior to initiating any claim. A licensed health
care practitioner must certify that the insured is chronically or terminally ill to qualify for benefits. Chronic illness claims will
require recertification by a licensed health care practitioner. Other terms and conditions may apply. This rider is not LongTerm Care (LTC) insurance; it is not intended to replace LTC. The rider may not cover all of the costs associated with chronic
or terminal illness. The rider is a life insurance accelerated death benefit product; is generally not subject to health insurance
requirements; and may not be available in all states. Access to policy withdrawals is restricted during periods in which
BenefitAccess Chronic Illness benefit payments are being made.
The Living Needs Benefit SM is an accelerated death benefit and is not a health, nursing home, or long-term care insurance
benefit and is not designed to eliminate the need for insurance of these types. There is no charge for this rider but, when a
claim is paid under this rider, the death benefit is reduced for early payment, and a $150 processing fee ($100 in Florida)
is deducted. If more than one policy is used for the claim, each policy will have a processing fee of up to $150 deducted
($100 in Florida). Portions of the Living Needs Benefit SM payment may be taxable, and receiving an accelerated death benefit
may affect your eligibility for public assistance programs. The federal income tax treatment of payments made under this
rider depends upon whether the insured is the recipient of the benefit and is considered “terminally ill” or “chronically ill.”
We suggest the policyowner seek assistance from a personal tax advisor regarding the implications of receiving Living Needs
Benefit SM payments. This rider is not available in Minnesota to new purchasers over age 65 until the policy has been in force
for one year, and the nursing home option is not available in Connecticut, Florida, Massachusetts, New York, or the District of
Columbia. This rider is not available in Washington State.
The S&P 500® Index is a product of S&P Dow Jones Indices LLC (“SPDJI”). It 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”); and 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.
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.
PruLife Index Advantage UL is issued by Pruco Life Insurance Company in all states except in New York where, if available, 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. The contract number is IUL-2014 or ICC14
IUL-2014. The policy is not a variable contract or an investment.
<if ML:>All guarantees and benefits of the insurance policy
are backed by the claims-paying ability of the issuing insurance
company. Policy guarantees and benefits are not backed by the
broker/dealer and/or insurance agency selling the policy, nor by
any of their affiliates, and none of them makes any representations
or guarantees regarding the claims-paying ability of the issuing
insurance company.
Investment and Insurance Products:
Not Insured by FDIC, NCUSIF, or Any Federal Government
Agency. May Lose Value. Not a Deposit of or Guaranteed
by Any Bank, Credit Union, Bank Affiliate, or Credit
Union Affiliate.
<for all non-ML> Guarantees are based on the claims-paying ability of the issuing insurance company.
Life insurance policies contain exclusions, limitations, reductions of benefits, and terms for keeping them in force. A financial
professional can provide you with costs and complete details.
Not for use in CA.
Prudential, the Prudential logo, and the Rock symbol are service marks of Prudential Financial, Inc. and its related entities.
© 2016 Prudential Financial, Inc. and its related entities.
0214196 Ed. 03/2016
0214196-00010-00 Exp. 08/10/2017