FlexGuard index strategies can help you:
Protect
Select a level of protection that may help limit losses.
Grow
Participate in the growth potential of the market.
Accelerate
Enhance growth potential in up markets.
Plus, there are NO EXPLICIT PRODUCT FEES when allocating to FlexGuard’s index strategies.*
*Explicit product fees refers to the Base Contract Fee, or Mortality & Expense Risk Charge and Administration Charge (M&E&A), that apply only to the Variable Investment Subaccount options. Certain indices and ETFs associated with Index Strategies may be subject to an underlying fee or reduction. A surrender charge, or Contingent Deferred Sales Charge (CDSC), may apply in the event of an early withdrawal from your annuity.
Choose what’s right for you
Our financial professional will work with you to custom-build your annuity to meet your needs and goals by choosing one of these index crediting strategies. You can even combine these strategies. Any growth is based on the index return.
Growth Opportunities
| Index Strategy | Description |
|---|---|
| Point-to-Point with Cap Rate | This strategy offers the opportunity to receive any positive index growth up to an upper limit (called a “Cap”) during the chosen crediting period. |
| Enhanced Cap Rate | This strategy offers higher Cap Rates than the Point-to-Point with Cap Rate strategy, giving you the opportunity to capture more market growth. In exchange, you give up a percentage of positive returns, known as the Spread. |
| Dual Directional | This strategy offers growth potential up to a Cap Rate when Index Return is positive, and can still provide growth potential when the index return is negative (within or equal to the Buffer). |
Uncapped Growth Opportunities
(no maximum amount of credit)
| Index Strategy | Description |
|---|---|
| Step Rate Plus | This strategy provides advantages beyond a traditional step rate index strategy by offering accelerated growth potential in times when the index return exceeds the preset Step Rate, known as the “ceiling”. You benefit from the greater Step Rate or a Participation Rate multiplied by the Index Return. |
| Tiered Participation Rate | This strategy provides the unique potential to outperform the Index Return. This strategy offers you 100% of any positive index growth up to a Tier Level. Growth exceeding the Tier Level results in an Index Credit of MORE than 100%, leading to additional growth. |
Before making a selection, be sure to review each Index crediting strategy flyer and the current rate sheet with your financial professional. New business Spreads, Cap Rates, Step Rates, Participation Rates and Tier Levels set by Prudential are determined at contract issue and are subject to change at any time. Index crediting strategies must be held to full term with no withdrawals for index to be credited. It’s important to fully understand each crediting strategy to assess whether it aligns with your unique goals and objectives.
Renewal Cap Rates, Step Rates, and Participation Rates may be higher or lower than the initial rates, but will never be less than the Guaranteed Minimum Rates. Spreads may be higher or lower than the initial Spreads but will never be higher than the Guaranteed Maximum Spread. Tier Levels may be higher or lower than the initial Tier Level, but will never be higher than the Guaranteed Maximum Tier Level. Subsequent rates, Spreads, and Tier Levels may differ from the rates, Spreads, and Tier Levels used for new contracts or for other contracts issued at different times. Rates and Spreads are impacted by changes in various economic factors.
Variable investment options are offered with this product.
For complete product information, including fund investment strategies and fee information, please reference the client brochure Downloads a PDF, rate sheet opens in a new window, and product prospectus.
FlexGuard’s Performance Lock
Growth opportunities with the added ability to lock in performance
The Performance Lock Feature is an optional feature available on FlexGuard that allows you to lock in gains or limit the potential for a loss prior to the Index Strategy End Date.
Performance Lock Feature is available with the Pruco Life Insurance issuing company only.
The Performance Lock Value, which is different than the Interim Value, is adjusted for any withdrawals or reallocations that occur prior to the Index Strategy End Date. Automatic Performance Lock targets must reflect positive growth in the Performance Lock Value. Performance Locks are as of close of business on the day the automatic target was met or the manual lock-in is requested. Targets are not available for strategies with a 100% buffer option or the Step Rate Plus Crediting Strategy. Prudential will not provide advice or notify you regarding whether you should exercise a Performance Lock or the optimal time for doing so. Prudential will not warn you if you exercise a Performance Lock at a sub-optimal time. Prudential is not responsible for any losses related to your decision whether or not to exercise a Performance Lock.
If a Performance Lock is executed when your Performance Lock Value has declined, you will lock in any loss. It is possible that you would have realized less of a loss or no loss if the Performance Lock occurred at a later time, or if the Index Strategy was not `locked.` You will not receive Index Credit on any "locked" Index Strategy on the Index Strategy End Date. As a result, you may receive less than the full Index Credit, or less than the full protection of the Buffer, than you would have received if you waited for us to apply the Index Credit on the Index Strategy End Date. Refer to the prospectus for additional information.
Choose your level of downside protection
FlexGuard offers the opportunity to choose a buffer level and term length.
Partial downside protection is provided through the buffer where index losses within the buffer are protected. Index losses that exceed the buffer will result in a loss of Account Value.
The buffer will vary by the selected strategy, term length, and index elected. Not all term and buffer options are available for each index crediting strategy.
Index-linked variable annuity products are complex insurance and investment vehicles and are long-term investments designed for retirement purposes. There is risk of loss of principal if negative index returns exceed the selected protection level. As gains or losses are assessed at the end of each term, index credit is only received if the strategy is held full term, and no withdrawals are taken. Early withdrawals may result in a loss in addition to applicable surrender charges. Please reference the prospectus for information about the levels of protection available and other important product information. FlexGuard and all product features are not approved for use in all states or through all broker-dealers.
Variable investment options do not offer downside protection.
Determine how to allocate your money ...
Choose from six indices
Your money is not actually invested in any index, but may earn interest credits based on the index’s performance.
And select from variable investment options
FlexGuard also offers variable investment options which can be mixed and matched in any percentage.
S&P 500®
A leading gauge of the U.S. equities market—the Standard & Poor’s 500 Index includes 500 of the largest companies on the New York Stock Exchange and NASDAQ.
iShares Russell®2000 ETF
Seeks to track the investment results of the Russell® 2000 Index, an index composed of small-capitalization U.S. equities. It measures the performance of the small capitalization sector of the U.S. equity market, as defined by FTSE Russell.
Invesco QQQ ETF
An exchange-traded fund that seeks to track investment results of the Nasdaq-100 Index.® The Index includes the 100 largest non-financial companies listed on the Nasdaq® based on market cap.
Dimensional International Equity Focus Index
The Dimensional International Equity Focus Index is a rules-based index that pursues size, value, and profitability premiums within developed ex U.S. and Canada markets in an integrated and diversified manner, leveraging Dimensional’s decades of experience in applying financial research to robust investment strategies.
MSCI EAFE
The MSCI EAFE is designed to measure the performance of a selection of stocks in 21 developed markets outside of the U.S. and Canada. The oldest international stock index, it is the most common benchmark in the U.S. for foreign stock funds.
AB 500 Plus IndexSM
The AB 500 Plus IndexSM is a rules-based index based upon several U.S. and global equity indices. The Index seeks to tactically allocate to certain indices when their expected return potential is elevated as compared to the expected return potential of the largest U.S. public companies.1
Please note that when you allocate to an Index Strategy that is linked to the performance of an ETF, you are not investing in the ETF. Index-based ETFs seek to track the investment results of a specific market index. Due to a variety of factors, including the fees and expenses associated with an ETF, an ETF's performance may not fully replicate or may, in certain circumstances, diverge significantly from the performance of the underlying index. This potential divergence between the ETF and the specific market index is known as a tracking error.
1 The rules for calculating the AB 500 Plus IndexSM include an annual 0.75% reduction, which accrues daily, meaning that a small portion of that reduction is included in the published Index Value each day. The reduction is included to aid in setting the cap and participation rates and/or buffer levels of the Index Strategy with which the Index is used. Please see the prospectus for additional details.
Make changes as you go
On each Index Anniversary Date, you may reallocate any Index Strategy that has reached the end of the Index Term or allocate money into new Index Strategies. Allocations among Variable Subaccounts can happen at any time.
CDSC Surrender Charge Schedule
B-Share 6-year: 8%, 8%, 7%, 6%, 5%, 4%, 0%; based on the effective date of each Purchase Payment and the percentage of the amount withdrawn from the Purchase Payment above the free withdrawal amount.
See FlexGuard in action
This tool enables you to compare how various choices of index strategies, protection levels, and term lengths may perform in different market scenarios
The individual index strategies displayed are based on historical performance and do not include subaccount performance. Refer to the rest of the website for detailed product information that may help in your use of the tool.
See current rate sheet to view all strategy combinations opens in a new window
See current renewal rate sheet to view all reallocation strategies opens in a new window
Hypothetical example for illustrative purposes. Assumes no withdrawals and that the Account was held for the complete Index Strategy Term. Past performance does not guarantee future results. Your actual results will vary. Investing in Prudential FlexGuard's index strategies does not represent a direct investment in an index.
Please speak with a financial professional for a full illustration.The FlexGuard product and all of its features are not approved in all states or through all broker-dealers.
Pennsylvania has approved the Step Rate Plus BUT only with the 10% buffer – PA does not have access to 5% buffer options on SRP or Tiered Participation Rate Strategies.
IMPORTANT: The projections or other information generated by FlexGuard's digital modeling tool regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results.
Performance Disclosure
These results were calculated using annual historical index returns and current strategy rates as of the run date of the illustration, which we assumed did not change at any time during the time period illustrated.
This interactive illustration is hypothetical and based on the index crediting strategy selected. Index Strategy credits will fluctuate, and may be negative, so that the Account Value, when redeemed, may be worth more or less than the original purchase amount. If a withdrawal is taken from an Index Strategy during the term period, the Interim Value will apply; however it is not illustrated.
Variable investment options are offered with this product however are not included for illustration purposes. Please refer to the product prospectus for fund investment strategies and fee information.
The interactive illustration does not reflect the effect of income taxes, penalty taxes, and premium taxes. Withdrawals or surrenders may be subject to CDSC surrender schedule charges and Interim Value of the index strategies. If the variable investment options are elected, the contract is subject to mortality, expense, and administration charges of 1.30%, and any applicable underlying fund expenses. Withdrawals and distributions of taxable amounts are subject to ordinary income tax and, if made prior to age 59½, may be subject to an additional 10% federal income tax penalty, sometimes referred to as an additional income tax. Withdrawals reduce the account value and death benefits.
Methodology Disclosure
Down Market: A down market is to be considered any 1-year, 3-year, or 6-year term in which performance for the selected index/indices is negative. Time periods for S&P 500®, MSCI EAFE®, Invesco QQQ ETF, and iShares Russell® 2000 ETF were chosen based on their proximity to the average down market for each term. The average down market was calculated by excluding all terms with positive performance. In the absence of any negative performance for the term, we use the lowest trending performance, which would be positive. The down market illustrates the following:
S&P 500® price index returns: 1-year term period 01/01/2001 – 12/31/2001; 3-year term period 01/01/2007 – 12/31/2009; 6-year term period 01/01/2000 – 12/31/2005.
MSCI EAFE® price index returns: 1-year term period 01/01/2018 – 12/31/2018; 3-year term period 01/01/1999 – 12/31/2001; 6-year term period 01/01/2006 – 12/31/2011.
iShares Russell® 2000 ETF: 1-year term period 01/01/2018 – 12/31/2018; 3-year term period 01/01/2007 – 12/31/2009; 6-year term period 01/01/2007 – 12/31/2012.**
Invesco QQQ ETF: 1-year term period 01/01/2022 – 12/31/2022.
Footnotes
** Positive performance
Dual Directional Index Strategy Down Market: A down market is to be considered any 1-year or 6-year term in which performance for the S&P 500® is negative. Time periods for S&P 500® were chosen based on their proximity to the available buffers (10%, 15%, 20%). Index Returns which are negative and within or equal to the buffer will be credited the Index Return as a positive value. Index Returns which are negative and exceed the buffer will be credited any negative return in excess of the buffer. The down market illustrates the following:
S&P 500® 6-year 10% Buffer: Less than or equal to the buffer term period 09/30/2005 – 09/30/2011; Greater than buffer term period 02/28/2003 – 02/28/2009
S&P 500® 6-year 15% Buffer: Less than or equal to the buffer term period 02/28/2003 – 02/28/2009; Greater than buffer term period 12/31/1972 – 12/31/1978
S&P 500® 6-year 20% Buffer: Less than or equal to the buffer term period 12/31/1999 – 12/31/2005; Greater than buffer term period 01/31/1969 – 01/31/1975
S&P 500® 1-year 10% Buffer: Less than or equal to the buffer term period 03/31/2019 – 03/31/2020; Greater than buffer term period 06/30/2021 – 06/30/2022
S&P 500® 1-year 15% Buffer: Less than or equal to the buffer term period 06/30/2021 – 06/30/2022; Greater than buffer term period 11/30/2001 – 11/30/2002
Footnotes
** Positive performance
Up Market: An up market is to be considered any 1-year, 3-year, or 6-year term in which performance for the selected index/indices is positive. Time periods for S&P 500®, MSCI EAFE®, Invesco QQQ ETF, and iShares® Russell 2000 ETF were chosen based on their proximity to the average up market for each term. The average up market was calculated by excluding all terms with negative performance. The up market illustrates the following:
S&P 500® price index returns: 1-year term period 01/01/2017 – 12/31/2017; 3-year term period 01/01/2017 – 12/31/2019; 6-year term period 01/01/2017 – 12/31/2022.
MSCI EAFE® price index returns: 1-year term period 01/01/2023 – 12/31/2023; 3-year term period 01/01/1998 – 12/31/2000; 6-year term period 01/01/2004 – 12/31/2009.
iShares® Russell 2000 ETF: 1-year term period 01/01/2020 – 12/31/2020; 3-year term period 01/01/2013 – 12/31/2015; 6-year term period 01/01/2002 – 12/31/2007.
Invesco QQQ ETF: 1-year term period 01/01/2024 – 12/31/2024.
1033463-15 1033463-00015-00
Key Terms
Application Signed Date—The date the application is signed. For applications transmitted through electronic order entry, the Application Signed Date is the esignature date. In the absence of an esignature date, the esignature Application Signed Date would default to the submission date prior to the wet signature.
Account Value—The Interim Value for each Index Strategy plus the total value of any allocations in the Variable Investment Subaccounts (including the Holding Account) and the Transfer Account on any Valuation Day other than the Index Strategy Start Date and Index Strategy End Date. The Interim Value does not apply to an Index Strategy on the Index Strategy Start Date and the Index Strategy End Date. On an Index Strategy Start Date, the Index Strategy Base applicable to that Index Strategy would be used instead of the Interim Value. On an Index Strategy End Date, the Index Strategy Base plus the Index Credit applicable to that Index Strategy would be used instead of the Interim Value.
Buffer—The amount of protected negative Index Return applied to the Account Value allocated to an Index Strategy at the end of an Index Strategy Term. Any negative Index Return within the Buffer results in no reduction of the Account Value. Any negative Index Return in excess of the Buffer reduces the Account Value.
Cap Rate—The Cap Rate limits the amount of Index Credit that may be credited to the Index Strategy Base on any Index Strategy End Date when the Index Return is positive. A different Cap Rate may be declared for different Indices, Buffers, and different Index Strategy Terms.
Death Benefit—Return-of-premium death benefit is available on all contracts for no additional charge. It is equal to the greater of: 1) Account Value: The money in the account at the time of death or 2) Purchase Payments: The total of the payments the client made since the issue date, reduced proportionally by any withdrawals.
Free Withdrawal Amount—The amount of money that can be withdrawn from the annuity each year during the surrender charge period, without incurring a surrender charge. This amount is equal to 10% of the purchase payments.
Holding Account—A Variable Subaccount the owner can allocate some or all of their initial purchase payments to. The Holding Account is also used for additional purchase payments received between Index Anniversaries.
Index (Indices)—The underlying Index or exchange traded fund associated with an Index Strategy and used to determine the Index Return in determining the Index Credit. You do not directly participate in an Index.
Index Anniversary Date—The same day, each calendar year, as the day of the initial allocation to an Index Strategy.
Index Credit—The amount the Owner receives on an Index Strategy End Date based on the Index Return and the Index Strategy. The Index Credit can be negative, meaning the Owner can lose principal and prior earnings.
Index Return—The percentage change in the Index Value from the Index Strategy Start Date to the Index Strategy End Date, which is used to determine the Index Credit for an Index Strategy. An Index Return is calculated by taking the Index Value on the Index Strategy End Date, minus the Index Value on the Index Strategy Start Date, and then dividing the result by the Index Value on the Index Strategy Start Date.
Index Strategy—Any index linked Allocation Option we make available in the Annuity for crediting interest based on the underlying Index associated with the Index Strategy, Buffer, and Index Strategy Term. We may offer other Index Strategies from time to time, subject to our rules.
Index Strategy Base—The amount of Account Value allocated to an Index Strategy on an Index Strategy Start Date. The Index Strategy Base is used in the calculation of any Index Credit and in the calculation of the Interim Value. The Index Strategy Base is reduced for any transfers or withdrawals that occur between and Index Strategy Start Date and Index Strategy End Date in the same proportion that the total withdrawal or transfer amount reduces the Interim Value.
Index Strategy End Date—The last day of an Index Strategy Term. This is the day any applicable Index Credit would be credited to the Index Strategy.
Index Strategy Start Date—The first day of an Index Strategy Term.
Index Strategy Term—The time period allocated to each Index Strategy. The term begins on the Index Strategy Start Date and ends on the Index Strategy End Date.
Interim Value—The value of an Index Strategy on any day during an Index Strategy Term. It is a calculated value and is used when a withdrawal, death benefit payment, transfer, annuitization, or surrender occurs during an Index Strategy Term. The interim value does not reflect the actual performance of the applicable index.
Owner—An eligible entity or person named as having ownership rights in relation to the annuity.
Participation Rate—The percentage of any Index increase that will be used in calculating the Index Credit at the end of an Index Strategy Term for the Tiered Participation Rate Index Strategy or the Step Rate Plus Index Strategy. A different Participation Rate may be declared for different Index Strategies and Buffers.
Performance Lock—A feature that allows clients to capture the Performance Lock Value. A Performance Lock Request may be submitted on any Valuation Day prior to the Index Strategy End Date. Only one Performance Lock may be active for any given Index Strategy during a respective Index Strategy Term. Performance Locks may not be applied retroactively and must be for the full amount of the Performance Lock Value. Partial “locking” of an Index Strategy is not permitted. Once “locked,” Index Credits will not apply on the Index Strategy End Date.
Performance Lock Date—The Valuation Date on which we process the Performance Lock transaction.
Performance Lock Request—Clients may request a Performance Lock by contacting us and providing in Good Order instructions. Instructions received in Good Order after the close of any Valuation Day will be applied on the next Valuation Day.
Performance Lock Value—The value of an Index Strategy at the end of any Valuation Day during an Index Strategy Term other than the Index Strategy Start Date and Index Strategy End Date. It is a calculated value that differs from the Interim Value Calculation (refer to the Prospectus for additional information) and is used when a Performance Lock transaction occurs. The Performance Lock Value is calculated daily and once “locked,” will not fluctuate for the remainder of the current Index Strategy Term, unless a withdrawal or a reallocation were to occur, and will be as of the Performance Lock Date.
Spread—On the Index Strategy End Date, the Spread reduces the value of positive Index Returns used in the calculation of Index Credits that may be applied to the Enhanced Cap Rate Index Strategy. The Spread percentage may vary by Index, Index Strategy Term, Cap Rate and Buffer.
Step Rate—The declared rate that may be credited to amounts allocated to the Step Rate Plus Index Strategy for any given Index Strategy Term if the Index Return is between zero and the declared Step Rate. A different Step Rate may be declared for different Indices.
Surrender Charge—A type of charge that may be deducted when a surrender or partial withdrawal from the annuity occurs that is greater than the Withdrawal Amount.
Tier Level—The declared Index Return that is used to determine which Participation Rate tier applies in the calculation of Index Credit for Tier Level 1 and Tier Level 2 in the Tiered Participation Rate Index Strategy.
Transfer Account—An account we make available for use with the allocation of the Initial Purchase Payment(s) and any Purchase Payments received within the Transfer Account Period. The Transfer Account is available for a period of time ending upon the expiration of the Transfer Account Period or the Index Effective Date, whichever occurs first. No interest accrues or is paid on funds in the Transfer Account. No charges are applicable on funds in the Transfer Account. Transfer Account assets are held in Pruco Life’s General Account.
Transfer Account Period—A time period beginning on the date the client’s application is signed and ending 45 calendar days later.
Variable Investment Option—A division of the Variable Separate Account.
Terms in blue apply to the Pruco Life Insurance issuing company only for applications with a signed date on or after Jan 18, 2022.
Ask a financial professional about how FlexGuard can help offer you a level of protection and potentially grow your money.
Disclaimer
Investors should carefully consider the features of the contract, index strategies, and the underlying portfolios' investment objectives, policies, management, risks, charges, and expenses. The initial summary prospectus and the index strategies prospectus for the contract, and the summary prospectus or prospectus for the underlying portfolios (collectively, the "prospectuses") contain this and other important information and can be obtained on the prospectus page or from your financial professional. Please read them carefully before investing.
It is possible to lose money by investing in securities.
Annuities are issued by Pruco Life Insurance Company, Newark, NJ (main office) and distributed by Prudential Annuities Distributors, Inc., Shelton, CT. Both are Prudential Financial companies and each is solely responsible for its own financial condition and contractual obligations.
This web page is being provided for informational or educational purposes only and does not take into account the investment objectives or financial situation of any client or prospective clients. The information is not intended as investment advice and is not a recommendation about managing or investing your retirement savings. If you would like information about your particular investment needs, please contact a financial professional.
Annuity contracts contain exclusions, limitations, reductions of benefits, and terms for keeping them in force. Your licensed financial professional can provide you with complete details.
You should carefully consider your financial needs before investing in annuity products and benefits.
A variable annuity is a long-term investment designed for retirement purposes. Investment returns and the principal value of an investment will fluctuate so that an investor’s units, when redeemed, may be worth more or less than the original investment.
Withdrawals and distributions of taxable amounts are subject to ordinary income tax and, if made prior to age 59½, may be subject to a10% additional tax. Withdrawals reduce the Account Value. Withdrawals taken during the surrender charge period, excluding any Required Minimum Distributions (RMDs) calculated by Prudential, will be subject to any applicable surrender charges.
The S&P 500® Index is a product of S&P Dow Jones Indices LLC ("SPDJI"), and has been licensed for use by Pruco Life Insurance Company. Standard & Poor's®, S&P® and S&P 500® are registered trademarks of Standard & Poor's Financial Services LLC ("S&P"); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Pruco Life Insurance Company. Pruco Life Insurance Company's product(s) is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500 Index.
It is not possible to invest directly in an index.
The iShares® Russell 2000 ETF is distributed by BlackRock Investments, LLC. iShares® and BlackRock®, and the corresponding logos, are registered trademarks of BlackRock, Inc. and its affiliates ("BlackRock") and are used under license. BlackRock has licensed certain trademarks and trade names of BlackRock to Pruco Life Insurance Company for certain purposes. Pruco Life Insurance Company's products and services are not sponsored, endorsed, sold, or promoted by BlackRock, and purchasers of such products do not acquire any interest in the iShares® Russell 2000 ETF nor enter into any relationship of any kind with BlackRock. BlackRock makes no representations or warranties, express or implied, to the owners of any products offered by Pruco Life Insurance Company or any member of the public regarding the advisability of purchasing any product or service offered by Pruco Life Insurance Company. BlackRock has no obligation or liability for any errors, omissions, interruptions or use of the iShares® Russell 2000 ETF or any data related thereto, or in connection with the operation, marketing, trading or sale of any Pruco Life Insurance Company product or service offered by Pruco Life Insurance Company.
All rights in the Russell®2000 Index (the "Index") vest in the relevant LSE Group company which owns the Index. Russell®2000 is a trademark of the relevant LSE Group company and is used by any other LSE Group company under license.
The Index is calculated by or on behalf of Frank Russell Company or its affiliate, agent or partner. The LSE Group does not accept any liability whatsoever to any person arising out of (a) the use of, reliance on or any error in the Index or (b) investment in or operation of Prudential FlexGuard®. The LSE Group makes no claim, prediction, warranty or representation either as to the results to be obtained from Prudential FlexGuard® or the suitability of the Index for the purpose to which it is being put by Pruco Life Insurance Company.
Invesco Capital Management LLC ("ICM") serves as sponsor of Invesco QQQ TrustSM, Series 1 ("Invesco QQQ ETF") and Invesco Distributors, Inc. ("IDI"), an affiliate of ICM serves as distributor for Invesco QQQ ETF. The mark "Invesco" is the property of Invesco Holding Company Limited and is used under license. That trademark and the ability to offer a product based on Invesco QQQ ETF have been licensed for certain purposes by Pruco Life Insurance Company and its wholly-owned subsidiaries and affiliates (collectively, "Prudential"). Products offered by Prudential are not sponsored, endorsed, sold or promoted by ICM or Invesco Holding Company Limited, and purchasers of such products do not acquire any interest in Invesco QQQ ETF nor enter into any relationship with ICM or its affiliates. ICM makes no representations or warranties, express or implied, to the owners of any products offered by Prudential. ICM has no obligation or liability for any errors, omissions, interruptions or use of Invesco QQQ ETF or any data related thereto, or with the operation, marketing trading or sale of any products or services offered by Prudential.
Nasdaq®, Nasdaq-100®, Nasdaq-100 Index®, and QQQ®, are registered trademarks of Nasdaq, Inc. (which with its affiliates is referred to as the "Corporations") and are licensed for use for certain purposes by Pruco Life Insurance Company and its wholly-owned subsidiaries and affiliates (collectively, "Prudential"). Prudential FlexGuard® ("Product") has not been passed on by the Corporations as to their legality or suitability. The Product is not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S).
MSCI EAFE Index: The annuity contract referred to herein is not sponsored, promoted or endorsed by MSCI, and MSCI bears no liability with respect to any such annuity contract or any index referred to by any such annuity contract. The product prospectus contains a more detailed description of the limited relationship MSCI has with Pruco Life Insurance Company and any related annuity contracts.
AB 500 Plus IndexSM is a mark owned by AllianceBernstein L.P. (“AB”), and has been licensed to Pruco Life Insurance Company (“Licensee”). The Prudential FlexGuard® indexed variable annuity to which this disclosure applies (the “Product”) has been developed solely by Licensee. The Product is not sponsored, endorsed, or promoted by AB, and AB bears no liability with respect to the Product or any index on which such Product is based. AB does not provide investment advice to the Product or Licensee, and in no event shall any contract owner of the Product be deemed to be a client of AB. The prospectus contains a more detailed description of the limited relationship AB has with Licensee and any related product.
The rules for computing the Index value include an annual 0.75% reduction. The published Index value is inclusive of this reduction.
The Dimensional International Equity Focus Index (the “Index”) is sponsored and published by Dimensional Fund Advisors LP (“Dimensional”). References to Dimensional include its respective directors, officers, employees, representatives, delegates or agents. The use of “Dimensional” in the name of the Index and the related stylized mark(s) are service marks of Dimensional and have been licensed for use by Pruco Life Insurance Company (“PRUCO”). PRUCO has entered into a license agreement with Dimensional providing for the right to use the Index and related trademarks in connection with the FlexGuard indexed variable annuity (the “Financial Product”). The Financial Product is not sponsored, endorsed, sold or promoted by Dimensional, and Dimensional makes no representation regarding the advisability of the purchase of such Financial Product. Dimensional has no responsibilities, obligations or duties to purchasers of the Financial Product, nor does Dimensional make any express or implied warranties, including, but not limited to, any warranties of merchantability or fitness for a particular purpose or use with respect to the Index. Dimensional does not guarantee the accuracy, timeliness or completeness of the Index, or any data included therein or the calculation thereof or any communications with respect thereto. Dimensional has no liability for any errors, omissions or interruptions of the Index or in connection with its use. In no event shall Dimensional have any liability of whatever nature for any losses, damages, costs, claims and expenses (including any special, punitive, direct, indirect or consequential damages (including lost profits)) arising out of matters relating to the use of the Index, even if notified of the possibility of such damages. Dimensional has provided PRUCO with all material information related to the Index methodology and the maintenance, operation and calculation of the Index. Dimensional makes no representation with respect to the completeness of information related to the Index provided by PRUCO in connection with the offer or sale of any Financial Product. Dimensional has not published or approved this document, nor does Dimensional accept any responsibility for its contents or use.
All guarantees including the benefit payment obligations arising under the annuity contract guarantees, any index strategy crediting, or annuity payout rates are backed by the claims-paying ability of the issuing company, and do not apply to the underlying variable investment options. Those payments and the responsibility to make them are not the obligations of the third-party broker-dealer from which this annuity is purchased or any of its affiliates.
FlexGuard and all product features are not approved for use in all states or through all broker-dealers.
We do not provide tax, accounting, or legal advice. Clients should consult their own independent advisors as to any tax, accounting, or legal statements made herein.
Issued on the following contracts with Pruco Life Insurance Company:
Contracts: P-RILA/IND(10/21), ICC24-RILA(7/24) (or state variations thereof)- In ID, Issued on Contract: P-RILA/IND(10/21)-ID
Riders: P-RID-RILA-ROP(10/21),ICC24-RID-RILA-ROP(7/24) (or state variation thereof)
Endorsements: P-END-RILA-MRS(10/21), P-END-RILA-P2P(7/24), P-END-RILA-TPAR(7/24), P-END-RILA-SRP(7/24), P-END-RILA-DD(7/24), P-END-PL(7/24) and P-END-FG-CWS(7/24), ICC24-END-RILA-MRS(7/24), ICC24-END-RILA-P2P(7/24), ICC24-END-RILA-SRP(7/24), ICC24-END-RILA-DD(7/24), ICC24-END-RILA-TPAR(7/24), ICC24-END-FG-CWS(7/24), ICC24-END-PL(7/24), ICC24-RILA-SCH-SPC(7/24) (or state variation thereof)
For Compliance Use Only: 1036017-25
For Compliance Use Only: 1036017-00025-00
For Compliance Use Only: