Effective October 24th, Prudential will implement new face amount restrictions for their GUL products (UL Protector and SUL Protector). The following face amount limits will become effective in illustration systems as of October 24:
- UL Protector policies with combined face amounts on each insured greater than $5 million will not be available.
- SUL Protector policies with combined face amounts on insureds greater than $10 million will not be available.
Applications for amounts greater than these limits may be submitted on or before Friday, October 28, 2016, and must include presentations produced no later than Sunday, October 23, 2016. More details here.