Prudential Financial launches Momentum IUL, a new life insurance product with power to adapt to life’s changes
Indexed universal life solution offers combination of protection, growth potential and flexibility to pivot.
“Prudential is committed to providing our customers with the solutions they need to adapt and keep up with life’s opportunities and challenges,” says
Momentum IUL offers a variety of indexed account options, based on the well-known S&P 500 or Nasdaq 100 indices, for the potential to accumulate tax-advantaged cash value, along with full downside market protection to manage market risk. It also introduces the choice of segment durations, including one-year capped or uncapped options and Prudential’s first-to-market six-month option. With flexibility in mind, customers can make changes as their needs evolve and can access the cash value for any purpose, including supplementing retirement income.
The solution allows for designing and adapting a policy to help meet protection needs with options to grow the value of the death benefit, a no-lapse guarantee, along with optional riders for chronic and terminal illnesses, disability, accelerated death benefit, and more.
Designed to help meet customers’ evolving financial needs, Momentum IUL provides a strong foundation to help protect what’s most important to customers, while empowering them to adapt to life’s changes.
Additional information about Momentum IUL is available online here.
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