Prudential’s premium limits have increased to $5MM for all products EXCEPT SUL Protector in NY where the limit will remain at $2MM. Any premiums over these amounts will be eligible for our Product Profitability review process.
Informal Process Update
To provide strong service on large/higher premium informal cases as well as your formal applications, we are updating our informal submission guidelines as follows:
• Minimum face amount of $1M on permanent products
• Minimum face amount of $4M on term products
This change in our process will allow us to focus more resources on your larger/higher premium cases and formal applications.