California – Large Case Review Process Effective 10/18/21

Effective October 18, we will begin reviewing larger premium policies in CA and NY on an exception basis.

The large case review process allows us to closely monitor profitability and key financial risks related to cases involving substantial premium payments. Given the continued low interest rate environment, this is particularly important to ensure we are offering solutions that align to the strategic direction of Prudential. The large case market is an important segment of our business, including the value it brings to our clients, firms, and producer relationships, and we are committed to doing everything we can to deliver relevant and profitable solutions in this space.

We recently announced changes to the premium restrictions for certain products and will now review larger cases for those policies that have a limit of $2M on an exception basis, including cases based in NY.

For more information, please reach out to your internal wholesaler.