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Prudential Life Insurance Company was founded in Newark, New Jersey, in 1875. Since its inception, the company has expanded to offer comprehensive term and universal life insurance policies, annuities, pension and retirement investments, and asset management services in the United States, Asia, Europe, and Latin America. Prudential holds an S&P financial rating of A.
- The only 100% no medical exam term life insurance
- Ages 18 to 60 are eligible to apply
- Term life policies $50,000-$1.5 million in coverage
- Company offers 10, 15, 20, 25, and 30-year terms
- Monthly premiums as low as $10
- Featured in WSJ, CNN, Forbes, TechCrunch & Money.com
Latest Prudential Reviews
Worst company I have ever had to deal with. I had 3 life insurance policies and cashed 2 in when I went disabled. My agent did not inform me of the waiver of premium rider on those policies. I did apply for waiver of premium on the kept policy after I was disabled for two years. Prudential just denied my renewal even though I am totally and permanently disabled. I had a car accident 19 months ago that even caused further disability! I was told in Sept 2018 that the waiver was approved but later was told it was still being reviewed! I received the denial just 3 weeks before the semi annual premium was due! The claims examiner never returns my call and in fact they never give me her... Read More
Granted, all the top star ratings are by reviewers of offerings as well as investors in systems like S&P 500. It is indisputable that this is a great investment for those looking for solid long term securities. HOWEVER..... NONE of these reviewers have revealed the actual BREATHTAKINGLY INEPT claims department and their ABSOLUTE LACK of will in regards to payouts for decades in premium payments for all the reasons one uses a life insurance policy company in the first place.
Choosing a life insurance strategy is something many people do in consultation with a financial advisor, but Prudential's website offers a wealth of information that can help you understand your choices and select plans independently. While Prudential is certainly an established leader in insurance and financial services, the company does not offer basic whole life policies. Whole life policies often have such advantages as level premiums for the life of the policy, a living benefit, and the opportunity to build policy cash value. Some of these features may also be available through Prudential's Universal, Variable Universal, and Indexed Universal policies, though.