Prudential Announces Important Changes to Guaranteed UL Products effective October 24, 2016
Prudential will cap the amount of coverage they will offer consumers on UL Protector and SUL Protector. The following face amount limits will become effective in illustration systems as of October 24:
- UL Protector policies with combined face amounts on each insured greater than $5 million will not be available.
- SUL Protector policies with combined face amounts on insureds greater than $10 million will not be available.
Follow this link to read the Prudential Announcement and please don’t overlook the FAQ link at the bottom of the page.