ENDORSEMENT SUPPLEMENT--ORD 112963
Published on
(PRUDENTIAL FINANCIAL LOGO)
PRUCO LIFE INSURANCE COMPANY
2999 North 44th Street, Suite 250
Phoenix, Arizona 85014
a stock Prudential Financial company
GUARANTEED MINIMUM INCOME BENEFIT ENDORSEMENT SUPPLEMENT
EFFECTIVE DATE OF THE GUARANTEED MINIMUM INCOME BENEFIT ENDORSEMENT: [The
Contract Date, or, if later, the date the Guaranteed Minimum Income Benefit is
elected.]
MAXIMUM ISSUE AGE: The GMIB benefit is not available if the Annuitant is [age 76
or more on the Effective Date of the GMIB Endorsement.]
INITIAL GMIB PROTECTED VALUE: [If the Guaranteed Minimum Income Benefit is
elected on the Contract Date, the Initial GMIB Protected Value is the initial
Invested Purchase Payment, or the Contract Value on the date of any reset. If
the Guaranteed Minimum Income Benefit is elected after the Contract Date, the
Initial GMIB Protected Value is the Contract Value on the date the benefit is
elected or the date of any reset.]
GMIB WAITING PERIOD: [7 years, beginning on the Effective Date of the GMIB
Endorsement, or the date of the most recent reset, if any.]
GMIB ROLL-UP PERCENTAGE: [5.0%]
GMIB ROLL-UP CAP PERCENTAGE: [200.0%]
GMIB ROLL-UP CUT-OFF DATE: [The latest of:
(a) the Contract Anniversary coinciding with or next following the
Annuitant's 80th birthday;
(b) 7 years from the Effective Date of the GMIB Endorsement; and
(c) 7 years from the date of the most recent reset.].
GMIB DOLLAR-FOR-DOLLAR LIMIT PERCENTAGE: [5.0%]
RESETS:
[ ] Resets are available.
Number of Times the GMIB Protected Value can be Reset: [2]
Number of Times the GMIB Protected Value can be Reset Without Being
Subject to a Possible Adjustment in the GMIB Charge: [2]
Reset Age Limit: No resets are permitted on or after the Annuitant's
[76th] birthday.
[ ] Resets are not available.
MAXIMUM ANNUAL GMIB CHARGE: 1.00% of the average GMIB Protected Value.
MAXIMUM GMIB PROTECTED VALUE PER LIFE:
[ ] Not applicable.
[ ] Applicable. The Maximum GMIB Protected Value per Life is [$5 million].
GMIB BENEFIT EXERCISE LIMIT: [The Contract Anniversary coinciding with or next
following the Annuitant's 95th birthday, or earlier, if required by applicable
law.]
TERMINATION:
[ ] You may not elect to terminate this Endorsement.
[ ] You can terminate this Endorsement at any time.
[ ] You can terminate this Endorsement [any time after the end of the GMIB
Waiting Period.]
ORD 112963 SUPP
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