I'm Ty Stewart, founder of SimpleLifeInsure.com.  I'm an independent agent who works with clients nationwide to secure affordable life insurance and make the process simple and easy.  This article draws upon my years of experience working with clients, carriers, and underwriters.  My team and I focus solely on life insurance, and we have put over 9,000 policies in force.  Let us know if we can help.  There is never any cost or pressure when using our services.

The PruLife UL Protector Review – Prudential Guaranteed Universal Life Insurance

Written by Ty Stewart - Last Updated December 12, 2018

See how Prudential stacks up in our breakdown of all the top companies who offer guaranteed universal life policies.


Quick Summary: The Prudential UL Protector product is among our favorite guaranteed universal policies. Pruco underwriting is excellent for a wide range of health conditions and tough to place cases. Pricing may be a little high for certain age bands.


About the Company - Prudential

prudential guaranteed universal life insurance

Also sometimes, referred to as PRU or Pruco, Prudential is a name most people have heard of and associate with life insurance.

With over 1 Trillion dollars in assets, it doesn't get much bigger when it comes to life insurance carriers. All the major financial rating agencies agree that PRU is a very safe bet. A.M. Best grades them with an A+ which is considered "superior". 

Since 1875, Prudential has been helping clients with insurance, as well as a wide range of financial needs including mutual funds and annuities.

What is Guaranteed Universal Life Insurance? (expand to learn more)

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About the Prudential Guaranteed Universal Life Insurance Policy

Product Name

PruLife Universal Protector

Death Benefit

$50,000 to No Maximum

ISSUE AGE

0 to 85

Coverage Length

To age 90, 95, 100, 105, 110, or 121

Prudential Underwriting Secrets

Prudential is one of our main carriers for clients with health risks. They are lenient across a wide variety of issues. We have seen numerous examples of a client that might be rated low with a different carrier but then being able to qualify for much cheaper premiums at Prudential.

This doesn't mean they should be used for all health challenges but they certainly are at the forefront when it comes to underwriting "high-risk" life insurance.

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The secret to finding the cheapest life insurance rates is applying at the company that will view you most favorably.  Just going with the one that shows the lowest rates can be a BAD idea and end up costing you more money.


Pru underwriting is lenient on many health issues including:

  • Recent DUI on your record  
  • Sleep apnea
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    A few extra pounds for people over age 60
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    Other forms of tobacco besides cigarettes (cigars, vaping, chewing tobacco)
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    Elevated liver function on lab results
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    Medicinal marijuana depending on the underlying condition for which it was prescribed

Prudential may NOT be a good choice for:

  • Family history of cancer or heart disease

Cost - Sample Rates

Sample Prudential guaranteed universal life insurance quotes:

55-year-old male at Preferred health class - pricing listed is per month

Death Benefit

to Age 90

to Age 100

to Age 121

$250,000

$257

$257

$257

$500,000

$502

$502

$502

$1,000,000

$939

$939

$939

50-year-old female at Preferred health class - pricing listed is per month

Death Benefit

to Age 90

to Age 100

to Age 121

$250,000

$171

$171

$171

$500,000

$330

$330

$330

$1,000,000

$603

$603

$603

Our custom quote tool on this page displays only guaranteed universal quotes so you can cut through the clutter. Please note that some carriers do not allow us to display their rates online. We will discuss if there are other options that might be a better fit.

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Pros

Lenient underwriting for many conditions and situations

Strong company with vast financial assets

No up charge from age 90 to age 121

Cons

Cost of premiums is higher than other companies

Most riders cost extra, not much included in the base policy

Extras, Options, and Flexibility

Prudential has a few options to enhance your life insurance policy to better fit your needs. 

Additional Options Included at NO Extra Cost

Living Needs Benefit - This is an accelerated death benefit rider. If the insured has been confined to a nursing home for longer than 6 months or expected to live less than 6 months (12 months in CA), access living benefits to help pay medical costs.

Availability and details of how this rider vary from state to state due to regulations.

Additional Options - At a Cost

Benefit Access Rider - If the insured is diagnosed with a chronic or terminal illness, access some of the death benefit to help with care. Use the money however you like, no restrictions and no receipts required. Choose either 2% or 4% per month of the policy amount. 

Benefits taken early will be deducted from the eventual death benefit. Expect the cost for this rider to be 5% of premiums and higher depending on age and health profile at the time of application.

Accidental Death Benefit - If the insured dies from an accidental death the death benefit payout will be doubled, up to $500K. Can be used up to age 70 and not available in the state of MA.

Children's Protection Rider - Add a small level term policy on your children. This can be converted to permanent life insurance policy when the initial coverage expires.

Enhanced Disability Rider - If the insured becomes totally disabled for at least 6 months, this rider will make the premium payments for as long as you remain disabled.

How To Make Sure You Choose the Right Universal Life Insurance Policy

The best advice I can give is to always work with an independent agent. If you call a company direct, they'll only push their products on you, and you save nothing. Rates are fixed by your state laws.

Life insurance is the ONLY thing we do. We know the ins and out of 60+ companies and can find you the lowest rates. Every. Single. Time.

To get started, fill out a quote request and we'll be in touch soon to help.

independent life insurance agents helping to secure affordable life insurance coverage

No pressure or cost to use our help.

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About Ty Stewart
Ty Stewart is the founder of SimpleLifeInsure. He is an independent life insurance agent that works for his clients nationwide to secure affordable coverage while making the process simple. There is never any cost to use his services.

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