EX-99.D 57 al181.htm TERM INSURANCE BENEFIT ON LIFE OF INSURED SPOUSE-DECREASING AL 181 Document

RIDER FOR
TERM INSURANCE BENEFIT ON LIFE OF INSURED SPOUSE
DECREASING AMOUNT AFTER THREE YEARS

Read the list of Supplementary Benefits on the Contract Data page(s).
This Benefit is a part of this contract only if it is listed there.


Benefit. - We will pay an amount under this Benefit if we receive due proof that the insured spouse died (1) in the term period for the Benefit; and (2) while this contract is in force and not in default beyond the last day of the grace period. We will pay this amount to the beneficiary for insurance payable upon the insured spouse's death. But our payment is subject to all the provisions of the Benefit and of the rest of this contract. The phrase insured spouse means the Insured's spouse named in the application for this contract.

We will use the table below to compute the amount we will pay. We show the Initial Amount of Term Insurance under this Benefit on the Contract Data page(s). We also show the term period for the Benefit there. It starts on the contract date, which we show on the first page. The anniversary at the end of the term period is part of that period.

TABLE OF AMOUNTS OF INSURANCE

Amounts Payable. - We show here the amount we will pay, based on the insured spouse's issue age, for each $1,000 of Initial Amount of Term Insurance if death occurs in the contract year ending with the anniversary shown.

ISSUE AGE
ANNIVERSARY1819202122232425262728293031
1$1000$1000$1000$1000$1000$1000$1000$1000$1000$1000$1000$1000$1000$1000
210001000100010001000100010001000100010001000100010001000
310001000100010001000100010001000100010001000100010001000
4978977977976976975974974973972971971970969
5956965953952951950949947946944943941939938
6933932930929927925923921919917914912909906
7911909907905902900897895892889886882879875
8889886884881878875872868865861857853849844
9867864860857854850846842838833829824818813
10844841837833829825821816811806800794788781
11822818814810805800796789784778771765758750
12800795791786780775769763757750743735727719
13778773767762756750744737730722714706697688
14756750744738732725718710703694686676667656
15733727721714707700692684676667657647636625
16711705698690683675667658649639629618606594
17689682674667659650641632622611600588576563
18667659651643634625615605595583571559546531
19644636628619610600590579568556543529515500
20622614605595585575564553540528514500485469

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ISSUE AGE
ANNIVERSARY1819202122232425262728293031
21600591581571561550538526513500486471455438
22578568558548537525513500486472457441424406
23556545535524512500487474459444429412394375
24533523512500488475462447432417400382364344
25511500488476463450436421405389371353333313
26489477465452439425410396378361343324303281
27467454442429415400385368351333314294273250
28445432419405390375359342324306286265243219
29422409395381366350333316297278257235212200
30400386372357341325308289270250229206200200
31378364349333317300282263243222200200200200
32356341325310293275256237216200200200200200
33333318302286268250231210200200200200200200
34311295279262244225205200200200200200200200
35289273256238220200200200200200200200200*
36267250232214200200200200200200200200*
37245227209200200200200200200200200*
38222204200200200200200200200200*
39200200200200200200200200200*
40200200200200200200200200*
41200200200200200200200*
42200200200200200200*
43200200200200200*
44200200200200*
45200200200*
46200200*
47200**NO AMOUNT PAYABLE IF DEATH OCCURS IN THIS
48*CONTRACT YEAR OR ANY LATER CONTRACT YEAR.


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ISSUE AGE
ANNIVERSARY3233343536373839404142434445
110001000100010001000100010001000100010001000100010001000
210001000100010001000100010001000100010001000100010001000
310001000100010001000100010001000100010001000100010001000
4968967966964963962960958957955952950947944
5935933931929926923920917913909905900895889
6903900897893889885880875870864857850842833
7871867862857852846840833826818810800789778
8839833828821815888800792783773762750737722
9806800793786778769760750739727714700684667
10774767759750741731720708696682667650632611
11742733724714704692680667652636619600579556
12710700690679667654640626609691571550526500
13677667655643630615600583565546524500474444
14645633621607593577560542522500476450421389
15613600586571556538520500478455429400368333
16581567552536518500480458435409381350316278

ISSUE AGE
ANNIVERSARY3233343536373839404142434445
17548533517500481462440417391364333300263220
18516500483464444423400375348318286250211200
19484467448429407385360333304273238200200200
20452433414393370346320292261227200200200200
21419400379357333308280250217200200200200*
22387367345322296269240208200200200200*
23355333310286259231200200200200200*
24323300276250222200200200200200*
25290267241214200200200200200*
26258233207200200200200200*
27226200200200200200200*
28200200200200200200*
29200200200200200*
30200200200200*
31200200200*
32200200*
33200**NO AMOUNT PAYABLE IF DEATH OCCURS IN THIS
34*CONTRACT YEAR OR ANY LATER CONTRACT YEAR.

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ISSUE AGE
ANNIVERSARY46474849505152535455
11000100010001000100010001000100010001000
21000100010001000100010001000100010001000
31000100010001000100010001000100010001000
4941938933929923917909900889875
5882875867857846833818800778750
6824813800786769750727700667625
7765750733714692667636600656500
8706688667643615583545500444375
9647625600571538500455400333250
10588563533500462417364300222200
11529500467429385333273200200*
12471438400357308250200200*
13412375333286231200200*
14353313267214200200*
15294250200200200*
16235200200200*
17200200200**NO AMOUNT PAYABLE IF DEATH OCCURS IN THIS
18200200*CONTRACT YEAR OR ANY LATER CONTRACT YEAR.
19200*
20*

PAID-UP INSURANCE ON DEATH OF INSURED

Paid-up Insurance on Life of Insured Spouse. - The Insured might die (1) in the term period for this Benefit; (2) while this contract is in force and not in default past the last day of the grace period; and (3) while the insured spouse is living. In this case, the insurance on the life of the insured spouse under the Benefit will become paid-up term insurance for decreasing amounts. We will compute these amounts from the Table of Amounts of Insurance. While the paid-up insurance is in effect, the contract will remain in force until the end of the term period for the Benefit. The paid-up insurance will have cash values but no loan value.

If this Benefit becomes paid-up, it may be surrendered for its net cash value. This will be the net value on the date of surrender of the paid-up insurance. But, within 30 days after a contract anniversary, the net cash value will not be less than it was on that anniversary. We base this net cash value on the insured spouse's age and sex. The insured spouse's age at any time will be his or her age last birthday on the contract date plus the length of time since that date. We use the Commissioners 1980 Standard Ordinary Mortality Table. We use continuous functions based on age last birthday. We use an effective interest rate of 4% a year.

We will usually pay any cash value promptly. But we have the right to postpone paying it for up to six months. If we do so for more than 30 days, we will pay interest at the rate of 3% a year. If we are asked for the values which apply, we will furnish them.

CONVERSION TO ANOTHER PLAN OF INSURANCE

Right to Convert. - While the Insured is living, you may be able to exchange this Benefit for a new contract of life insurance on the life of the insured spouse in either this company or The Prudential Insurance Company of America. In any of these paragraphs, when we use the phrase the company we mean whichever of these companies may issue the new contract. And where we use the phrase new contract we mean the contract for which the Benefit may be exchanged. You will not have to prove that the insured spouse is insurable.

Conditions. - Your right to make this exchange is subject to all these conditions: (1) The amount we would have paid under this Benefit if the insured spouse had died just before the contract date of the new contract must be large enough to meet the minimum for a new contract, as we describe under Contract Specifications. (2) You must
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ask for the exchange in writing and in a form that meets our needs. (3) You must send this contract to us to be endorsed. (4) We must have your request and the contract at our Service Office while the Benefit is in force and at least five years before the end of its term period.

The new contract will not take effect unless the premium for it is paid while the insured spouse is living and within 31 days after its contract date. If the premium is paid as we state, it will be deemed that: (1) the insurance under the new contract took effect on its contract date; and (2) this Benefit ended just
before that contract date.

Contract Date. - The date of the new contract will be the date you ask for in your request. But it may not be more than 61 days after the date of your request. It may not be less than five years before the end of the term period for the Benefit. And it may not be more than 31 days before we have your request at our Service Office.

Contract Specifications. - The new contract will be in the standard or equivalent rating class. The company will set the issue age and the premiums for the new contract in accord with its regular rules in use on the date of the new contract.

The new contract may call for annual premiums. If the company agrees, you will be able to have premiums fall due more often.

The contract may be any one of the following:

1. A Life Paid Up at Age 85 plan. In this case the new contract will be issued by The Prudential Insurance Company of America. Its face amount will be the amount you ask for in your request. But it cannot be less than $10,000 or more than 80% of the amount we would have paid under this Benefit if the insured
spouse had died just before the contract date of the new contract. (Since $10,000 is 80% of $12,500, the amount we would have paid must be at least $12,500 for this exchange to be possible.)

2. A contract like the one to which this Benefit is attached, if Pruco Life Insurance Company is regularly issuing such contracts at that time. Its face amount will be the amount you ask for in your request. But it cannot be less than $50,000 or more than 80% of the amount we would have paid under the Benefit if the insured spouse had died just before the contract date of the new contract. (Since $50,000 is 80% of $62,500, the amount we would have paid must be at least $62,500 for this exchange to be possible.)
3. A contract of life insurance of a kind regularly being issued by Pruco Life Insurance Company at that time for $25,000 or more. Its face amount will be the amount you ask for in your request. But it cannot be less than $25,000 or more than 80% of the amount we would have paid under the Benefit if the insured spouse had died just before the contract date of the new contract. (Since $25,000 is 80% of $31,250, the amount we would have paid must be at least $31,250 for this exchange to be possible.)

The new contract will not have Supplementary Benefits other than as we describe in this and in the next paragraph. If the company would include in other contracts like the new contract a benefit for waiving or paying premiums in the event of disability, here is what the company will do. Even though this contract does not have such a benefit on the life of the insured spouse, the company will put it in the new contract on his or her life. The benefit, if any, in the new contract will be the same one, with the same provisions, that the company puts in other contracts like it on its contract date. In this paragraph, when we use the phrase other contracts like it, we mean contracts the company would regularly issue on the same plan and for the same rating class, amount, issue age and sex.

No premium will be waived or paid by us for disability under the new contract unless the disability started on or after its contract date. And no premium will be waived or paid by us for disability under a new contract unless it has a benefit for waiving or paying premiums in the event of disability. This will be so even if scheduled premiums have been paid by us under this contract.

Changes. - You may be able to have this Benefit changed to a new contract of life insurance other than in accord with the requirements for exchange that we state above. But any change may be made only if the company consents, and will be subject to conditions and charges that are then determined.
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MISCELLANEOUS PROVISIONS

Ownership and Control. - Unless we endorse this contract to say otherwise, while the Insured is living the owner alone may exercise all ownership and control of this contract. This includes, but is not limited to, these rights: (1) to assign the contract; and (2) to change any subsequent owner. A request for such a change must be in writing to us at our Service Office and in a form that meets our needs. The change will take effect only when we endorse the contract to show it.

Unless we endorse this contract to say otherwise: (1) while any insurance is in force after the Insured's death, the owner of the contract will be the insured spouse; and (2) the owner alone will be entitled to (a) any contract benefit and value, and (b) the exercise of any right and privilege granted by the contract or by us. But any insurance payable upon the Insured's death will be payable to the beneficiary for that insurance.

Beneficiary. - The word beneficiary where we use it in this contract without qualification means the beneficiary for insurance payable upon the death of the Insured.

Unless we endorse this contract to say otherwise, the beneficiary for insurance payable upon the death of the insured spouse will be the Insured if living, otherwise the estate of the insured spouse.

The beneficiary for insurance payable upon the death of the insured spouse may be changed. The request must be in writing and in a form that meets our needs. It will take effect only when we file it at our Service Office; this will be after the contract is sent to us to be endorsed, if we ask for it. Then any previous beneficiary's interest in such insurance will end as of the date of the request. It will end then even if the insured spouse is not living when we file the request. Any beneficiary's interest is subject to the rights of any assignee of whom we know.

When a beneficiary is designated, any relationship shown is to the Insured, unless otherwise stated.

Misstatement of Age or Sex. - If the insured spouse's stated age or sex or both are not correct, we will change each benefit and any amount payable to what the premiums and charges would have bought for the correct age and sex.

The Schedule of Premiums may show that premiums change or stop on a certain date. We may have used that date because the insured spouse would attain a certain age on that date. If we find that the issue age for the insured spouse was wrong, we will correct that date.

Suicide Exclusion. - If the insured spouse, whether sane or insane, dies by suicide within the period which we state in the Suicide Exclusion under General Provisions and while this Benefit is in force, we will not pay the amount we describe under Benefit above. Instead, we will pay no more than the sum of the monthly charges deducted for this Benefit to the date of death divided by .925. We will make that payment in one sum.

Reinstatement - If this contract is reinstated, it will not include the insurance that we provide under this Benefit on the life of the insured spouse unless we are given any facts we need to satisfy us that the insured spouse is insurable for the Benefit.

Contract Value Options - If this contract has a Contract Value Options provision, it will apply only during the Insured's lifetime. Any extended or reduced paid-up insurance that may be described there is on the life of the Insured only.

Contract Loans - lf this contract has a Loans provision, we will not consider any contract debt when we determine the amount payable, if any, at the death of the insured spouse.

Incontestability - Except for default, we will not contest this Benefit after it has been in force during the insured spouse’s lifetime for two years from the issue date.

Benefit Premiums and Charges - We show the premiums for this Benefit in the Schedule of Premiums in the Contract Data pages. From each premium payment, we make the deductions shown under Schedule of Expense
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Charges from Premium Payments in these pages and the balance is the invested premium amount which is added to the contract fund.

The monthly charge for this Benefit is deducted on each monthly date from the contract fund. The amount of that charge is included in the Schedule of Monthly Deductions from the Contract Fund in the Contract Data pages.

Benefit premiums and monthly charges stop on the earliest of (1) the death of the insured, (2) the death of the spouse, and (3) the contract anniversary at the end of the term period for this Benefit.

If the Contract Becomes Paid-up. - If the contract becomes paid-up we will deduct from the contract fund the present value at that time of future charges for this Benefit, discounted at a rate we set from time to time but no less than 4% a year. The Benefit will remain in force, but thereafter we will make no deductions from the contract fund to pay for it. The Benefit will have cash values but no loan value. The basis for determining the net cash value will be as we state in the second paragraph under Paid-up Insurance above.

Termination - This Benefit will end on the earliest of:

1.the end of the last day of grace if the contract is in default; it will not continue if a benefit takes effect under any contract value options provision that may be in the contract;
2.the end of the last day before the contract date of any other contract (a) for which the Benefit is exchanged, or (b) to which the Benefit is changed;
3.the date the contract is surrendered under its Cash Value Option, if it has one, or the paid-up insurance, if any, under the Benefit is surrendered; and
4.the date the contract ends for any other reason.

Further, if you ask us in writing, and we agree, we will cancel the Benefit as of the first monthly date on or after we receive your request. Contract premiums and monthly charges due then and later will be reduced accordingly.

This Supplementary Benefit rider
attached to this contract on the Contract Date

Pruco Life Insurance Company,
By: /s/ Isabelle L. Kirchner
             Secretary

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