Form 497VPU PRUCO LIFE VARIABLE UNIV
PROSPECTUS SUPPLEMENT
PRUCO LIFE INSURANCE COMPANY
Pruco Life Variable Universal Account
PRUCO LIFE INSURANCE COMPANY OF NEW JERSEY
Pruco Life of New Jersey Variable Appreciable Account
Supplement dated December 2, 2022,
to
Prospectuses dated May 1, 2022
for
VUL Protector® and PruLife® SVUL Protector® Contracts
This supplement updates and amends certain information contained in the current prospectus and summary prospectus, as applicable, for your variable universal life insurance Contract, as well as any subsequent supplements thereto. You should read this supplement carefully and retain it for future reference.
On December 5, 2022, the following changes will occur:
1.The AST Moderate Multi-Asset Portfolio (“the merging Fund”) will merge into the AST Balanced Asset Allocation Portfolio (“the successor Fund”). All assets in the merging Fund will automatically transfer to the successor Fund. Premium allocation, DCA, auto-rebalancing, and allocated charges programs that include the merging Fund have been automatically updated to replace the merging Fund with the successor Fund. All references to AST Moderate Multi-Asset Portfolio are hereby deleted.
2.AST Mid-Cap Growth Portfolio (“the Fund”) will have a new subadivsory agreement. The Fund row in Appendix A is hereby deleted and replaced with the following.
Type | Fund - Investment Manager(s) / Subadviser(s) | Current Expense | Average Annual Total Returns As Of 12/31/2021 | ||||||||||||||
1 year | 5 year | 10 year | |||||||||||||||
Mid-Cap Growth | AST Mid-Cap Growth Portfolio - PGIM Investments LLC, AST Investment Services, Inc. / Massachusetts Financial Services Company; Delaware Investments Fund Advisers; J.P. Morgan Investment Management Inc.; TimesSquare Capital Management, LLC | 1.05%^ | 10.49% | 18.71% | 14.83% |
^The Fund’s annual current expense reflects temporary fee reductions.
PLEASE RETAIN THIS SUPPLEMENT WITH YOUR PROSPECTUS
PRODUCTSUP185
VULP14, VULP15, VULP18, VULPNJ18, VULP21, VULPNJ21, SVULP, SVULPNJ, SVULP20, SVULPNJ20, SVULP21, SVULPNJ21
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Former Mayor of Sugar Land, David Wallace, Unveils DGW Consultants: A New Era of Strategic Solutions
- Impact Disclosure Taskforce Releases Impact Disclosure Guidance, Helping Scale Financing for the UN Sustainable Development Goals
- Bybit Card Collaborates with International eSIM Provider Airalo, Bringing Seamless Connectivity to the EEA Region and Australia
Create E-mail Alert Related Categories
SEC FilingsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!