Prudential Announces New Comprehensive Physical Program
From Prudential
Exciting news from Prudential for large cases with Prudential! Underwriting will review & potentially utilize existing physician's medical records in place of traditional age & amount exam requirements. Note that this program is for new business applications with face amounts between $10M & $35M with Standard or better offers.
Effective October 2023, upon request, Underwriting will review and potentially utilize a client’s existing physician’s medical records in lieu of traditional age and amount exam requirements, for new business applications with face amounts between $10,000,000 and $35,000,000, where the offer is Standard or better.
Program Eligibility
U.S. residents only
Ages: 35 - 65
Minimum Face Amount: $10,000,000
Maximum Face Amount: $35,000,000
Products: All Prudential term and permanent products, including survivorship
Risks: Standard or better offers
Normal financial underwriting guidelines apply
Program Guidelines
Submission of full and comprehensive medical records including all chart notes and testing completed for the past five years is required. Records must include the following:
Detailed annual physical with testing and lab work, completed within 12 months of planned policy delivery
Physical measurements from the physical must include height, weight, blood pressure, and pulse
Lab testing from the physical must include:
Complete Blood Count (CBC)
Basic Metabolic Panel with HbA1C testing (Fasting Blood Glucose may be submitted if the proposed insured is under age 50)
Lipid Screening
Urinalysis
EKG or other cardiac testing such as an Echocardiogram or Stress EKG performed within 24 months of planned policy delivery (12 months if over age 60)
There are no exceptions to the above criteria. Non-invasive requirements such as MIB check, Motor Vehicle Report, Data Verification Report, Medical Claim Data, and Pharmaceutical database checks will be ordered as needed. Prudential Financial reserves the right to request additional medical and/or non-medical underwriting evidence on an as needed basis.
Notes
Total Prudential coverage allowable under this program is $35,000,000.
Auto Issue limits apply and may be subject to reinsurance retention/capacity.
Excludes ALL high-profile clients such as professional athletes or celebrities.
Find out more about these changes from Prudential...