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Prudential Life Insurance Company Review

Prudential Life Insurance Company’s In-Depth Review for [2024] 

Are you in need of reliable life insurance coverage? Look no further than Prudential Life Insurance Company. With aPrudential Life Insurance Company Review rich history dating back to 1874 and over two trillion dollars in managed assets, Prudential is the most trusted name in the industry.

Their extensive range of life insurance products is available in over 50 countries, ensuring that you can find the perfect coverage no matter where you are.

With a team of over 58 thousand dedicated employees worldwide, Prudential is committed to providing you with the best service possible.

Why choose Prudential? Prudential Life Insurance Company understands the importance of protecting your loved ones and securing their future.

Whether you’re a young professional starting a family or a retiree looking to leave a legacy, Prudential has the right coverage options for you. Also, Prudential life insurance ratings are solid with an A+ rating on a regular basis.

Prudential believes that life insurance should be accessible and hassle-free. That’s why we’ve streamlined our application process, making it quick and simple to get the coverage you need right over the phone. 

I hope you enjoy this comprehensive Prudential Life Insurance Company review.

What Is the Historical Date of Prudential’s Founding?

Prior to the onset of the civil war, Prudential had already been in existence for fourteen years.

How Prudential was born is very impressive, to say the least. Prudential Life Insurance Company has been in business for over 149 years. The company has the experience and the expertise to produce some of the most well-designed life insurance products.

The company was founded by a single life insurance agent named John Dryden. It was in Newark, New Jersey, back in 1875. The company founder opened the doors of the would-be behemoth corporation from a small basement office.

If you have a multitude of medical conditions, consider Prudential as your preferred insurer due to their expertise in handling complex medical cases.

Prudential Introduced Life Insurance Tailored to the Needs of the Working Class

The very first life insurance product was explicitly designed for working-class people. This was to cover the expenses of funerals and final expenses. Some of the initial premiums were as low as three cents per week.

The Prudential Insurance Company blossomed into New York and Philadelphia in just four short years. The company’s assets had grown to over 1 million dollars by this time.

John Dryden purchased the one-millionth policy in 1885. At this point, it was clear that the company was destined to become a huge success. Prudential made its mark as an icon in the life insurance industry.

What Is the Financial Data for Prudential?

Two trillion dollars in assets under management sets Prudential apart from the competition.

The Prudential Life Insurance Company now has over 58,000 thousand employees worldwide. Prudential Managed assets now top 1.8 Trillion dollars. You read it right; that is Trillion (not) Billion. They currently do business in 53 countries around the world.

Not bad for a company that started with one man working out of a basement office. Prudential’s growth rate keeps increasing consistently with a higher percentage than before. Prudential is well known for their excellent financial strength.

They consistently receive an A+ Rating each year which is no surprise to anyone.


What Kind of Term Life Insurance Policies Does Prudential Provide?

Prudential leads the industry in the number and diversity of term life insurance plan designs.

MyTerm Products:

 An affordable term policy of up to $250,000 with an easy application process. You can choose a level-premium period of 10, 15, 20, or 30 years. This is their most basic plan designed for term life insurance. This plan does not offer an option to convert to permanent Universal Life insurance.

Term Essential:

 You can choose a level-premium period of 10, 15, 20, or 30 years. Your option to convert is available until the end of the level-premium period or age 65. After that, it was whichever is earlier, but never less than five years. The riders available are Accidental Death Benefits. Child Protection Riders, Living Needs Benefits, and a Waiver of Premium Riders.

Term Elite:

You can choose a level-premium period of 10, 15, 20, or 30 years. Available until age 65 or 5 years from issue, whichever is later. Riders available include Accidental Death Benefits, Child Protection Riders, and Living Needs Benefits. A waiver for premium riders is also available and can be a very beneficial benefit to include in your policy.

“PruTerm” WorkLife 65:

This is life insurance for your working years. The level-premium period lasts until the age of 65. The plan’s design offers accidental death benefits, child protection and living needs riders.

“PruLife” Return for Premium Term:

This excellent plan design offers the security of low-cost term insurance, with a guarantee to have your premiums returned if you outlive the level-premium period. You can choose a level-premium period of 15, 20, or 30 years.

It offers an option to convert up to the end of the level-premium period or age 65. Whichever is earlier, but never less than five years. This plan also offers a Living Needs Benefit.

This policy offers a benefit where your out-of-pocket premiums are guaranteed to be returned to you. This happens at the end of your level-premium period, provided you are still alive, and your policy remains in force.

Check out our return of premium blog posts for more information on how these policies work. 

“Pru-Term” SM One:

This term life insurance policy for needs lasts from 1 to 5 years. This is a stepping stone to permanent insurance. Your coverage lasts for one year and is renewable annually up to age 95. The option to convert is available through the 5th policy anniversary. A Living Needs rider is also available.

Additional Riders That Can Be Added for Increased Protection:

Accidental Death Benefit –

This benefit will pay an additional benefit if your death directly results from an accident.

Child Protection Rider

This is a great feature that allows you to provide life insurance for your children while they are young.

Living Needs Benefits –

If you become terminally ill, this rider will advance a portion of your death benefit. This is to help ease the financial burden of this time of your life.

Waiver of Premium –

This benefit will pay your premiums so that your coverage can remain in force if you become disabled.

Benefit Access Rider –

This rider will accelerate the benefits of your policy’s death benefits if you become chronically or terminally ill. In other words, you can receive a percentage of the face amount while alive.


Prudential Universal Life Products:

Today, Universal Life insurance plans offer permanent coverage with much lower premiums than Whole Life Insurance. 

PruLife Universal Protector:

This plan design provides death benefit protection for your beneficiaries regardless of when you die. Optionalis prudential life a good company riders include Accidental Death Benefits and Benefits Access Riders.

Also, a Child Level Term Rider, an Enhanced Disability Benefit, and a Living Needs Benefit.

Remember that universal life insurance plans cost more than term insurance regardless of the insurance company.

Prudential is also a leader in the variable life insurance market, also known as Indexed Universal Life Insurance (IUL). These indexed products have a cash buildup feature based on the stock market. 

“PruLife” Universal Plus:

PruLife is a life insurance protection with cash value accumulation potential. In addition, these universal life policies pay interest at a designated percentage rate stated in the policy.

“PruLife” SUL Protector:

This universal life policy will cover two lives with one policy with a guaranteed lifetime of protection.

Life Insurance Solutions From Prudential for Tobacco Users

Prudential is the absolute go-to life insurance company for tobacco users.

When people use tobacco products, they are issued a tobacco rate health classification as a standard rule. Prudential is one of the few companies that will offer non-smoking rates to someone who:

*Chew Tobacco

*Pipe Smokers

*Cigar Smokers

*Uses E-Cigarettes

*Uses Nicotine Patches or Gum

*Periodically uses Marijuana

Prudential Is the Top Choice for Those With High-Risk Profiles

Prudential has a much more liberal underwriting department that is less sensitive to pre-existing medical conditions. As a result, I have seen Prudential accept many people when other carriers have declined them.

Due to this company’s size and financial stability, they can afford to insure people with more serious medical conditions, hazardous occupations, or dangerous sports they are active in.

Prudential Calculates Your Premiums Based on Your Actual Age

Using your actual age gives you the advantage of lower rates. For example, suppose your current age is six months before your next birthday.  Most life insurance companies use your nearest age, otherwise known as your insurance age. 

For example, if you’re 35 years old, your birthday is within the next two months. You would typically be classified as age 36 but not with Prudential. Being placed on your next birthday would increase your rates by 3.5 to 9%, depending on your age.

Prudential uses your current age, which will spell lower premiums. This is one of the advantages of using Prudential. This age difference can make a big difference if you are older and have higher rates.


Simple Procedures for Filing Life Insurance Claims With Prudential 

One of the benefits of owning a Prudential Life Insurance policy is their simple and fast claims process. All the beneficiary has to do is simply contact Prudential by phone and report the claim. The Prudential Customer Service Team will mail out a claim form to be completed.

Once the form is completed and the death certificate attached, Prudential will mail out a check within several days and the funds will go right to work for funeral expenses and pay off outstanding debts. Prudential Customer Service is known for being very efficient and prompt.

They fully understand the grief of losing a family member and expedite the claims process. This is one of the benefits of owning a policy from a company with the highest financial strength in the industry.


Prudential Takes Good Care of Our Military Personnel

Prudential goes out of its way to help our service people get approved for life insurance.Prudential life insurance review for individuals with pre-existing conditions

Prudential is the only life insurance company that will sell life insurance to military personnel with active deployment orders as long as the application is taken in the United States and accepted in the United States. After that, Prudential will take them as typical applicants.

This is an excellent advantage for the members of the armed forces, especially those who want to buy life insurance and are going off to war. We have to take our hats off to Prudential.

Prudential Delivers Excellent Life Insurance Rates

Prudential also has a very liberal height and weight underwriting system for overweight or obese applicants. They also work out very well with folks with medical conditions, such as Diabetes, Prostate Cancer, and heart disease, and people who currently have very recent Driving While Intoxicated convictions. 

They work out very well for hazardous sports and dangerous occupations, such as pilots, scuba divers, drag racers, skydivers, motorcycle racers, and ironworkers. Also, helicopter pilots, racing boat drivers, stock car racers, etc.

Using Our Quoting System to Compare Over 40 Companies

Feel free to use our instant quoting system. Just complete the form on the right to compare plans from over 40 trusted life insurance companies. Our quoting system includes excellent individual life insurance plan designs from the Prudential Life Insurance company.

We use many different insurance companies since the right insurance company has to be used for each applicant. In other words, we use the most applicable company for each applicant’s specific application information. If you need help choosing a face amount, feel free to contact us and we will be happy to help you.

Prudential has some of the best life insurance quotes for applicants who smoke, are overweight, or have health conditions.

Prudential Life Insurance Company Is One of the Most Commonly Used Insurers

We use over 40 life insurance companies, and Prudential is an essential member of our company’s team. Their vast product line, liberal underwriting department, and excellent financial stability make them a perfect choice for many people.

They also have a reputable name in the industry and have become a household word from coast to coast. If you are planning on purchasing life insurance, Prudential Life Insurance would be a great choice. Prudential is known by all its agents and brokers as the best life insurance company for high-risk individuals.


How Do I Go About Applying for a Prudential Life Insurance Policy?

Applying for life insurance is now very simple. We don’t waste our client’s time with paper or online applications. The best way to apply is with a modern telephone application right over the phone.

Telephone applications usually take about 15 to 20 minutes, and all you do is sit back, listen to questions from one of our telephone application gals and then answer them.

This is the simplest and quickest way to apply for life insurance.

All Things Considered

I hope you have learned a lot from this Prudential Life Insurance review. Our agency works with more than 40 of the highest-rated life insurance companies to ensure our clients don’t spend more than they have to.

There is never any cost to apply; life insurance companies pay all fees. Our service to you is always free and without obligation to buy anything.

All the best,
Jack Venturi

*For any questions you might have, our live chat system is at your disposal or call us at 815-390- 7545 and we will provide a quick answer.

If you have questions about this Prudential Life Insurance review, contact us and we will answer all your questions at no cost or obligation. You can also set up a time at your convenience to talk.  


Jack Venturi Independent Life Insurance Agent

Jack Venturi

Independent agent and founder of

Jack Venturi has over 30 years of experience selling individual and commercial insurance including Property & Casualty, Health, Disability and Life insurance. Jack has helped thousands of people all across the United States purchase the best life insurance products at the lowest possible premiums over the phone (815)-390-7545 and online.

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