Talk to them about maintaining financial wellness if one or both become chronically ill, and whether they’d like to leave a legacy.
ANNUAL REVIEW POINTS
Life insurance can amplify a legacy. If a permanent policy has been accumulating cash value, it may be used to supplement retirement income.* The death benefit of a permanent policy with a chronic or terminal illness rider could be accelerated if a client becomes ill.**
LIFE INSURANCE SOLUTIONS
Reliant on income from savings. Giving thought to, and may be already planning, how they want to be remembered. Health care expenses can affect savings.
FINANCIAL STATUS
Moving. Retirement. Grandchildren to dote on. Disability or chronic or terminal illness.
EXPENSES
Permanent life insurance with a chronic illness rider** may meet their biggest concern … healthcare expenses for a chronic illness in the future. There’s still time to build cash value to supplement retirement income. Cash value in permanent policies can also help pay off debt.*
ANNUAL REVIEW POINTS
A term policy may be ending. Still time to convert to a permanent policy with a chronic illness rider.** Such a policy can help create a legacy. A survivorship policy can cover two lives.
LIFE INSURANCE SOLUTIONS
Income at peak levels. Paying off college bills and loans. Still paying mortgage, maybe a second. Retirement savings at peak efforts.
FINANCIAL STATUS
Kids still home. College payments are in full swing. Kids may be getting married. Maybe grandkids.
EXPENSES
Consider conversion of term to perm. Prudential allows clients to convert any of our term policies to any of our perm policies. Age last birthday pricing may be more attractive than age nearest pricing.
ANNUAL REVIEW POINTS
Term policies may be ending or no longer enough. A permanent policy from Prudential can offer death benefit protection for life. Appealing living benefits, such as potential cash value to supplement income* and a chronic illness rider to allow death benefit acceleration while still alive.**
LIFE INSURANCE SOLUTIONS
Income and expenses increased. Should contribute the maximum allowed to retirement savings.
FINANCIAL STATUS
Kids are growing; so are their expenses—like cars and college.
EXPENSES
Consider converting a Pru term policy to any permanent policy to build potential cash value, one that includes an optional chronic illness rider.** Age last birthday underwriting typically means a lower premium.
ANNUAL REVIEW POINTS
A Prudential term policy provides death benefit protection. Most of our term products include a terminal illness rider.* Plus, they can be converted to any of our perm policies. Consider converting some or all for lifetime coverage and potential cash value accumulation.
LIFE INSURANCE SOLUTIONS
Income growing. Finances getting a little more complicated. More bills to pay. Concerns about the potential for health issues.
FINANCIAL STATUS
Getting married. Expanding family.
EXPENSES
Younger, healthier, term is the first step.
ANNUAL REVIEW POINTS
Term that can be converted to permanent. As clients’ lives change, Prudential allows any of our term policies to be converted to any of our permanent policies. Plus, our end-to-end process includes an eApplication, eInterview, and eDelivery that make the process quick and easy at any age.
LIFE INSURANCE SOLUTIONS
Career entry income level.
FINANCIAL STATUS
Buying a home. Getting married. Paying back college loans.
EXPENSES
Term story - Prudential Financial
© 2023 Prudential Financial, Inc. and its related entities.
ISG_DG_ILI1021_01
1067235-00001-00 Ed. 02/2023
For New York contracts: Please also note the rider is not subject to the minimum requirements of New York law, does not qualify for the New York State Long-Term Partnership Program, and is not a Medicare supplement policy. In addition, receiving accelerated death benefits may affect clients’ eligibility for public assistance programs and such benefits may be taxable. Benefit payments may only be made if the payments are subject to favorable tax treatment by the federal government. When determining whether the benefit payments will receive favorable tax treatment, the payment of benefits from all insurance policies must be considered. Benefit payments may be reduced or unavailable if they are expected to exceed the maximum amount eligible under Internal Revenue Code Section 101(g)(1) and all other applicable sections of federal law for favorable tax treatment.
This material is being provided for informational or educational purposes only and does not take into account the investment objectives or financial situation of any client or prospective client. The information is not intended as investment advice and is not a recommendation about managing or investing your retirement savings. If you would like information about your particular investment needs, please contact a financial professional.
Policies contain exclusions, limitations, reductions in benefits, and terms for keeping them in force. All guarantees are based on the claims-paying ability of the issuing insurance company.
Life insurance is issued by Pruco Life Insurance Company (except in NY), and Pruco Life Insurance Company of New Jersey (in NY). All are Prudential Financial companies located in Newark, NJ.
Disclosure:
Accessibility
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Prudential through it all.
Term is just the beginning.
You know term life insurance is only the beginning. Clients’ protection needs will grow … and pretty quickly, too. So, set the foundation for your life-long relationship by recommending a term policy from Prudential. Term from a Prudential carrier can be converted to any of our permanent products, including our survivorship policies. And many can include our chronic illness rider. Start with term and be prepared to impact clients’ whole lives ... in the beginning, middle, and end.
Let’s begin the life insurance journey
Let’s begin the life insurance journey
Who's Your Rock?
Share the consumer-approved version of this digital experience to get them thinking about how term is a smart start.
View the consumer version here.
Talk to them about maintaining financial wellness if one or both become chronically ill, and whether they’d like to leave a legacy.
ANNUAL REVIEW POINTS
The death benefit of a permanent policy with a chronic or terminal illness rider could be accelerated if a client becomes ill.
LIFE INSURANCE SOLUTIONS
Reliant on income from savings. Giving thought to, and may be already planning, how they want to be remembered. Health care expenses can affect savings.
FINANCIAL STATUS
Moving. Retirement. Grandchildren to dote on. Disability or chronic or terminal illness.
EXPENSES
Who's Your Rock?
TM
60 plus: Retirement begins
Permanent life insurance with a chronic illness rider may meet their biggest concern … healthcare expenses for a chronic illness in the future.
ANNUAL REVIEW POINTS
A term policy may be ending. Still time to convert to a permanent policy with a chronic illness rider. Such a policy can help create a legacy. A survivorship policy can cover two lives.
LIFE INSURANCE SOLUTIONS
Income at peak levels. Paying off college bills and loans. Still paying mortgage, maybe a second. Retirement savings at peak efforts.
FINANCIAL STATUS
Kids still home. College payments are in full swing. Kids may be getting married. Maybe grandkids.
EXPENSES
50 to 60: Life is settling down
Consider conversion of term to perm. Prudential allows clients to convert any of our term policies to any of our perm policies. Age last birthday pricing may be more attractive than age nearest pricing.
ANNUAL REVIEW POINTS
Term policies may be ending or no longer enough. A permanent policy from Prudential can offer death benefit protection for life.
LIFE INSURANCE SOLUTIONS
Income and expenses increased. Should contribute the maximum allowed to retirement savings.
FINANCIAL STATUS
Kids are growing; so are their expenses—like cars and college.
EXPENSES
40 to 50: Life is getting more complex
Consider converting a Pru term policy to any permanent policy to build potential cash value, one that includes an optional chronic illness rider. Age last birthday underwriting typically means a lower premium.
ANNUAL REVIEW POINTS
A Prudential term policy provides death benefit protection. Most of our term products include a terminal illness rider. Plus, they can be converted to any of our perm policies. Consider converting some or all for lifetime coverage and potential cash value accumulation.
LIFE INSURANCE SOLUTIONS
Income growing. Finances getting a little more complicated. More bills to pay. Concerns about the potential for health issues.
FINANCIAL STATUS
Getting married. Expanding family.
EXPENSES
30 to 40: Responsibilities are expanding
Younger, healthier, term is the first step.
ANNUAL REVIEW POINTS
Term that can be converted to permanent. As clients’ lives change, Prudential allows any of our term policies to be converted to any of our permanent policies. Plus, our end-to-end process includes an eApplication, eInterview, and eDelivery that make the process quick and easy at any age.
LIFE INSURANCE SOLUTIONS
Career entry income level.
FINANCIAL STATUS
Buying a home. Getting married. Paying back college loans.
EXPENSES
20 to 30: Just starting out
**
Life insurance can amplify a legacy. If a permanent policy has been accumulating cash value, it may be used to supplement retirement income.
*
** The BenefitAccess Rider is an optional rider that accelerates the life insurance death benefit when the insured is terminally ill or is chronically ill and not expected to recover from the condition. 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. Clients should consult their tax and legal advisors.
* Outstanding loans and withdrawals will reduce policy cash values and the death benefit and may have tax consequences.
© 2023 Prudential Financial, Inc. and its related entities.
ISG_DG_ILI1021_01
1067235-00001-00 Ed. 02/2023
For New York contracts: Please also note the rider is not subject to the minimum requirements of New York law, does not qualify for the New York State Long-Term Partnership Program, and is not a Medicare supplement policy. In addition, receiving accelerated death benefits may affect clients’ eligibility for public assistance programs and such benefits may be taxable. Benefit payments may only be made if the payments are subject to favorable tax treatment by the federal government. When determining whether the benefit payments will receive favorable tax treatment, the payment of benefits from all insurance policies must be considered. Benefit payments may be reduced or unavailable if they are expected to exceed the maximum amount eligible under Internal Revenue Code Section 101(g)(1) and all other applicable sections of federal law for favorable tax treatment.
This material is being provided for informational or educational purposes only and does not take into account the investment objectives or financial situation of any client or prospective client. The information is not intended as investment advice and is not a recommendation about managing or investing your retirement savings. If you would like information about your particular investment needs, please contact a financial professional.
Policies contain exclusions, limitations, reductions in benefits, and terms for keeping them in force. All guarantees are based on the claims-paying ability of the issuing insurance company.
Life insurance is issued by Pruco Life Insurance Company (except in NY), and Pruco Life Insurance Company of New Jersey (in NY). All are Prudential Financial companies located in Newark, NJ.
Disclosure:
*
**
**
**
*
*
Appealing living benefits, such as potential cash value to supplement income* and a chronic illness rider to allow death benefit acceleration while still alive.
There’s still time to build cash value to supplement retirement income. Cash value in permanent policies can also help pay off debt.
**