What are the different types of life insurance offered by Prudential?
Asked a year ago
Prudential offers a range of life insurance options tailored to meet various needs. First, there is term life insurance, which provides coverage for a specific period, typically 10, 15, 20, or 30 years. This option offers affordable rates and financial protection during critical periods like raising a family or paying off a mortgage. Another option is universal life insurance, which combines a death benefit with a cash value component that grows over time. It offers flexibility by allowing adjustments to premium payments and death benefits. Prudential also provides indexed universal life insurance, where the cash value accumulates based on the performance of selected market indices. Lastly, they offer variable universal life insurance, allowing policyholders to invest in a wide range of investment options while also providing a death benefit. Prudential's diverse life insurance offerings ensure that individuals can find suitable coverage for their unique circumstances.
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