List of Local Contacts
Network Partners
For quick access to our Network Partner Profiles use the links below.

our Network Partner in U.S.A.

Prudential

The Prudential Insurance Company of America is one of the leading providers of group insurance in the United States. Our resources, financial strength and stability allow us to honor long-term commitments to employers and employees alike.

Prudential Financial, Inc (NYSE: PRU), a financial services leader with approximately $558 billion of assets under management as of December 31, 2008, has operations in the United States, Asia, Europe and Latin America. The Company's well-known Rock symbol is an icon of strength, stability, expertise, and innovation that has stood the test of time. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping approximately 50 million individual and institutional customers grow and protect their wealth. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, investment management, and real estate services. For more information, please visit www.news.prudential.com.

We conduct our principal businesses through three divisions: the Insurance Division, the Investment Division, and the International Insurance and Investments Division.

The Insurance Division consists of the following segments:

  • The Individual Life Insurance and Annuities segment

  • The Group Insurance segment

The Group Insurance segment manufactures and distributes a full range of group products: Life Insurance, Short Term and Long Term Disability Insurance, Long Term Care Insurance, and Corporate and Trust-Owned Life Insurance in the United States to institutional clients, primarily for use in connection with employee and membership benefits plans. Group Insurance also sells Accidental Death and Dismemberment and other ancillary coverages and provides plan administrative services in connection with its insurance coverages.

Prudential Financial, through its subsidiaries, is one of the leading providers of Group Insurance in the United States. Our resources, financial strength, and stability allow us to honor long-term commitments to employers and employees alike.

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market trend

Looking Forward Through 2006 and Beyond
 
The employee benefits industry is more dynamic than ever given the various economic, demographic, social, legal/regulatory, and competitive forces at work. As plan sponsors look ahead and consider the role of benefits within their organizations, more significant change is likely in store.
 
Benefits will continue to be a critical tool for attracting and retaining talent but the range of benefits offered, how they are funded, and the ways in which they are communicated and delivered will evolve as the composition of the work force experiences even greater change.
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typical benefit plan

 

Basic Life Insurance

 :

a percentage (100%, 200%) of annual earnings
Optional Life : 100% up to as high as 900% of annual earnings
AD&D (basic and optional) : usually mirror life plans
Dependent Life : usually 50% of employee coverage up to statutory maximum
Group Universal Life Insurance same as Optional Group Life with the ability to accumulate additional cash value
Retiree Benefits reduced amount of active benefits
STD : a percent of salary or flat benefit amount, subject to a waiting period and maximum benefit durations, typically of 13 or 26 weeks can STD have offsets
LTD : a percent of monthly earnings (50%, 66%) usually offset by social security benefits - a waiting period applies (usually 90, 180 or 365 days)
Long Term Care there are a variety of plan designs available, which are tailored to clients needs
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news



Please follow this link for the latest Prudential news.

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visit the PRUDENTIAL website
Group Insurance
80 Livingston Avenue
07068 Roseland
U.S.A.
Local Contact:
Jesse Ogushwitz
+1 973 548 5696
Jesse Ogushwitz
www.prudential.com
Insurope Local Website
  us.insurope.com
Use this link to access a local country specific site on Insurope from a local market perspective. It may be helpful to refer this site to local subsidiaries and advisers as it also covers the mechanics of multinational pooling from a local perspective in the local language.