MASSACHUSETTS SUPPLEMENT DATED JULY 27, 1998
TO PROSPECTUS DATED MAY 1, 1998 FOR
PRUCO LIFE VARIABLE APPRECIABLE ACCOUNT
VARIABLE UNIVERSAL LIFE
This supplement applies to Contracts issued in the state of Massachusetts.
On the inside front cover: The last sentence of the second paragraph is removed.
On page 1: The term "Lifetime Death Benefit Guarantee period" and its definition
are removed.
On page 4: The first bullet in the MONTHLY CHARGES section is revised to read,
"The Contract Fund is reduced by a monthly administrative charge of up to
$10 plus $0.08 per $1,000 of the basic insurance amount; for Contract years
after the first, the $0.08 per $1,000 portion of the charge is reduced to
$0.02 per $1,000 of the basic insurance amount."
The information under the third bullet is removed.
On page 5: The first paragraph is revised to read,
"The Contract is a flexible premium contract - there are no scheduled
premiums. Except for the minimum initial premium, and subject to a minimum
of $25 per subsequent payment, the timing and amount of premium payments
are discretionary. The Contract will remain in force provided that the
Contract Fund less any applicable surrender charges is greater than zero
and more than any Contract debt. In addition, if the premiums you pay on an
accumulated basis are high enough, and Contract debt does not equal or
exceed the Contract Fund less any applicable surrender charges, a Limited
Death Benefit Guarantee may be available. Under the Limited Death Benefit
Guarantee, Pruco Life guarantees that your Contract will not lapse even if
investment experience is very unfavorable and the Contract Fund drops below
zero. The length of the death benefit guarantee is generally five Contract
years, however, for some Contracts, it may be shorter. See PREMIUMS, page
11, DEATH BENEFIT GUARANTEE, page 12 and LAPSE AND REINSTATEMENT, page 28."
On page 11: The fourth paragraph under PREMIUMS describing Guideline premiums is
removed.
The fifth paragraph under PREMIUMS is revised to read,
"TARGET PREMIUMS -- the premiums that, if paid at the beginning of each
Contract year, will keep the Contract in force during the Limited Death
Benefit Guarantee period regardless of investment performance, assuming no
loans or withdrawals. For a Contract with no riders or extra risk charges,
these premiums will be level. If certain riders are included, the target
premium may increase each year. Payment of target premiums at the beginning
of each Contract year is one way to achieve the Limited Death Benefit
Guarantee Values shown on the Contract data pages. At the end of the
Limited Death Benefit Guarantee period, continuation of the Contract will
depend on the Contract Fund having sufficient money to cover all charges.
See DEATH BENEFIT GUARANTEE, below. When you purchase a Contract, your
Pruco Life representative can tell you the amount[s] of the target
premium."
On pages 12 and 13: The entire DEATH BENEFIT GUARANTEE section is revised to
read,
"Although you decide what premium amounts you wish to pay, payment of
sufficient premium, on an accumulated basis, may guarantee that your policy
will not lapse within the first few years and a death benefit will be paid
upon the death of the insured. This will be true even if, because of
unfavorable
VUL-MASUP Ed 7/98 Catalog #64N3489
<PAGE>
investment experience, your Contract Fund value drops to zero. However, the
guarantee is contingent upon Contract debt not being equal to or greater
than the Contract Fund less any applicable surrender charges. See CONTRACT
LOANS, page 25. You should consider the importance of the Death Benefit
Guarantee to you when deciding on what amounts of premiums to pay into the
Contract.
For purposes of determining this guarantee, we generally calculate and show
Limited Death Benefit Guarantee Values in the Contract data pages. These
are not cash values that you can realize by surrendering the Contract, nor
are they death benefits payable. They are values used solely to determine
if the Death Benefit Guarantee is in effect.
The length of the Limited Death Benefit Guarantee period is generally five
years. It is determined on a case by case basis depending on things like
the insured's age, sex (except where unisex rates apply), smoker/non-smoker
status, death benefit type and extra rating class, if any. The length of
the Limited Death Benefit Guarantee period applicable to your particular
Contract is shown on the Contract data pages. For certain insureds,
generally those who are older and/or in a substandard risk classification,
the Limited Death Benefit Guarantee period may be of shorter duration.
At the Contract date, and on each Monthly date, we calculate your
Contract's "Accumulated Net Payments" as of that date. Accumulated Net
Payments equal the premiums you paid, accumulated at an effective annual
rate of 4%, less withdrawals also accumulated at 4%.
At each Monthly date within the Limited Death Benefit Guarantee period, we
will compare your Accumulated Net Payments to the Limited Death Benefit
Guarantee Value as of that date. If your Accumulated Net Payments equal or
exceed the applicable Limited Death Benefit Guarantee Value and Contract
debt does not equal or exceed the Contract Fund less any applicable
surrender charges, then the Contract is kept in force, regardless of the
amount in the Contract Fund.
The Contract data pages show Limited Death Benefit Guarantee Values as of
Contract anniversaries. Values for non-anniversary Monthly dates will
reflect the number of months elapsed between Contract anniversaries.
Target premiums are premium levels that, if paid at the start of each
Contract year, will provide the Limited Death Benefit Guarantee Values
(assuming no withdrawals or loans). See PREMIUMS, page 11. They are one way
of reaching the Limited Death Benefit Guarantee Values; they are certainly
not the only way.
Here is a table of typical target premiums along with corresponding Limited
Death Benefit Guarantee Values. The examples assume the insured is a male,
non-smoker, with no extra risk or substandard ratings, and no extra benefit
riders added to the Contract.
- --------------------------------------------------------------------------------
BASIC INSURANCE AMOUNT -- $250,000
ILLUSTRATIVE ANNUAL PREMIUMS
- --------------------------------------------------------------------------------
TARGET PREMIUM
CORRESPONDING TO THE
TYPE OF LIMITED DEATH BENEFIT
AGE OF DEATH GUARANTEE VALUES AND
INSURED BENEFIT NUMBER OF YEARS OF
AT ISSUE CHOSEN GUARANTEE
- --------------------------------------------------------------------------------
35 Type A (fixed) $2,007.50 for 5 years
35 Type B (variable) $2,007.50 for 5 years
45 Type A (fixed) $2,977.50 for 5 years
45 Type B (variable) $2,977.50 for 5 years
55 Type A (fixed) $5,770.00 for 5 years
55 Type B (variable) $5,770.00 for 5 years
-------------------------------------------------------------------------------
<PAGE>
The Death Benefit Guarantee allows considerable flexibility as to the
timing of premium payments. Your Pruco Life representative can supply
sample illustrations of various premium amount and frequency combinations
that correspond to the Death Benefit Guarantee Values."
On page 17: Section a) under MONTHLY DEDUCTIONS FROM CONTRACT FUND is revised
to read,
"An administrative charge based on the basic insurance amount is deducted.
The charge is intended to compensate us for things like processing claims,
keeping records and communicating with Contract owners. Currently, the
charge is equal to $10 per Contract plus $0.08 per $1,000 of basic
insurance amount in the first Contract year and $5 per Contract plus $0.02
per $1,000 of basic insurance amount in all subsequent years. Pruco Life
reserves the right, however to charge up to $10 per Contract plus $0.08 per
$1,000 of basic insurance amount in the first Contract year and $10 per
Contract plus $0.02 per $1,000 of basic insurance amount in all subsequent
years."
For example, a Contract with a basic insurance amount of $250,000 would
currently have a charge equal to $10 plus $20 for a total of $30 per month
for the first Contract year and $5 plus $5 for a total of $10 per month in
all later years. The maximum charge for this same Contract would be $10
plus $20 for a total of $30 per month during the first Contract year. In
later years, the maximum charge would be $10 plus $5 for a total of $15 per
month. During 1997, Pruco Life received a total of approximately $324,000
in monthly administrative charges."
Section c) is removed.
The hypothetical illustrations on pages T3, T4 and T6 are replaced by the
following illustrations with the same page numbers.
<PAGE>
<TABLE>
<CAPTION>
VARIABLE UNIVERSAL LIFE
TYPE A (FIXED) DEATH BENEFIT
MALE NON-SMOKER AGE 35
$ 250,000 BASIC INSURANCE AMOUNT
$ 2,007.50 ANNUAL PREMIUM PAYMENT
USING MAXIMUM CONTRACTUAL CHARGES
Death Benefit (1) Cash Surrender Value (1)
--------------------------------------------------- -------------------------------------------------------
Assuming Hypothetical Gross (and Net) Assuming Hypothetical Gross (and Net)
Premiums Annual Investment Return of Annual Investment Return of
End of Accumulated --------------------------------------------------- -------------------------------------------------------
Policy at 4% Interest 0% Gross 4% Gross 8% Gross 12% Gross 0% Gross 4% Gross 8% Gross 12% Gross
Year Per Year (-1.54% Net) (2.46% Net) (6.46% Net) (10.46% Net) (-1.54% Net) (2.46% Net) (6.46% Net) (10.46% Net)
- ------ -------------- ------------ ------------ ------------ ------------ ------------ ------------ ------------ ----------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 $ 2,088 $250,000 $250,000 $250,000 $ 250,000 $ 0 $ 0 $ 53 $ 108
2 $ 4,259 $250,000 $250,000 $250,000 $ 250,000 $ 1,056 $ 1,207 $ 1,364 $ 1,525
3 $ 6,517 $250,000 $250,000 $250,000 $ 250,000 $ 2,122 $ 2,418 $ 2,731 $ 3,062
4 $ 8,866 $250,000 $250,000 $250,000 $ 250,000 $ 3,142 $ 3,628 $ 4,156 $ 4,730
5 $ 11,308 $250,000 $250,000 $250,000 $ 250,000 $ 4,115 $ 4,836 $ 5,642 $ 6,540
6 $ 13,848 $250,000 $250,000 $250,000 $ 250,000 $ 5,034 $ 6,035 $ 7,184 $ 8,501
7 $ 16,490 $250,000 $250,000 $250,000 $ 250,000 $ 6,153 $ 7,478 $ 9,041 $ 10,882
8 $ 19,237 $250,000 $250,000 $250,000 $ 250,000 $ 7,216 $ 8,907 $10,959 $ 13,445
9 $ 22,095 $250,000 $250,000 $250,000 $ 250,000 $ 8,218 $10,317 $12,938 $ 16,204
10 $ 25,066 $250,000 $250,000 $250,000 $ 250,000 $ 9,156 $11,704 $14,978 $ 19,177
15 $ 41,805 $250,000 $250,000 $250,000 $ 250,000 $11,439 $16,788 $24,779 $ 36,707
20 $ 62,171 $250,000 $250,000 $250,000 $ 250,000 $11,106 $20,001 $35,702 $ 63,368
25 $ 86,948 $250,000 $250,000 $250,000 $ 250,000 $ 6,305 $19,042 $46,429 $ 104,464
30 $117,094 $ 0(2) $250,000 $250,000 $ 298,484 $ 0(2) $ 9,780 $54,305 $ 169,593
35 $153,771 $ 0 $ 0(2) $250,000 $ 417,880 $ 0 $ 0(2) $53,166 $ 266,166
40 $198,394 $ 0 $ 0 $250,000 $ 570,258 $ 0 $ 0 $28,298 $ 404,438
45 $252,685 $ 0 $ 0 $ 0(2) $ 775,012 $ 0 $ 0 $ 0(2) $ 596,163
50 $318,738 $ 0 $ 0 $ 0 $1,047,096 $ 0 $ 0 $ 0 $ 858,275
55 $399,102 $ 0 $ 0 $ 0 $1,403,925 $ 0 $ 0 $ 0 $1,210,280
60 $496,877 $ 0 $ 0 $ 0 $1,883,587 $ 0 $ 0 $ 0 $1,696,925
65 $615,835 $ 0 $ 0 $ 0 $2,430,417 $ 0 $ 0 $ 0 $2,314,683
</TABLE>
- --------------
(1) Assumes no Contract loan has been made.
(2) Based on a gross return of 0% the cash surrender value would go to zero in
year 1 and in year 29 and later. Because the Target Premium is being paid,
the Contract is kept inforce through the Limited Death Benefit Guarantee
Period of 5 years. The Contract would go into default in year 29. Based on
a gross return of 4% the cash surrender value would go to zero in year 1
and in year 33 and later. Because the Target Premium is being paid, the
Contract is kept inforce through the Limited Death Benefit Guarantee Period
of 5 years. The Contract would go into default in year 33. Based on a gross
return of 8%, the Contract would go into default in year 43.
THE HYPOTHETICAL INVESTMENT RATES OF RETURN SHOWN ABOVE AND ELSEWHERE IN THIS
PROSPECTUS ARE ILLUSTRATIVE ONLY AND SHOULD NOT BE DEEMED A REPRESENTATION OF
PAST OR FUTURE INVESTMENT RATES OF RETURN. ACTUAL RATES OF RETURN MAY BE MORE OR
LESS THAN THOSE SHOWN AND WILL DEPEND ON A NUMBER OF FACTORS INCLUDING THE
INVESTMENT ALLOCATIONS MADE BY AN OWNER, PREVAILING INTEREST RATES, AND RATE OF
INFLATION. THE DEATH BENEFIT AND CASH SURRENDER VALUE FOR A CONTRACT WOULD BE
DIFFERENT FROM THOSE SHOWN IF THE ACTUAL RATES OF RETURN AVERAGE 0%, 4%, 8%, AND
12% OVER A PERIOD OF YEARS BUT ALSO FLUCTUATED ABOVE OR BELOW THOSE AVERAGES FOR
INDIVIDUAL CONTRACT YEARS. NO REPRESENTATIONS CAN BE MADE BY PRUCO LIFE OR THE
FUNDS THAT THESE HYPOTHETICAL RATES OF RETURN CAN BE ACHIEVED FOR ANY ONE YEAR
OR SUSTAINED OVER ANY PERIOD OF TIME.
T3
<PAGE>
<TABLE>
<CAPTION>
VARIABLE UNIVERSAL LIFE
TYPE B (VARIABLE) DEATH BENEFIT
MALE NON-SMOKER AGE 35
$ 250,000 BASIC INSURANCE AMOUNT
$ 2,007.50 ANNUAL PREMIUM PAYMENT
USING MAXIMUM CONTRACTUAL CHARGES
Death Benefit (1) Cash Surrender Value (1)
--------------------------------------------------- -----------------------------------------------------
Assuming Hypothetical Gross (and Net) Assuming Hypothetical Gross (and Net)
Premiums Annual Investment Return of Annual Investment Return of
End of Accumulated --------------------------------------------------- -----------------------------------------------------
Policy at 4% Interest 0% Gross 4% Gross 8% Gross 12% Gross 0% Gross 4% Gross 8% Gross 12% Gross
Year Per Year (-1.54% Net) (2.46% Net) (6.46% Net) (10.46% Net) (-1.54% Net) (2.46% Net) (6.46% Net) (10.46% Net)
- ------ -------------- ------------ ------------ ------------ ------------ ------------ ------------ ------------ --------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 $ 2,088 $250,965 $251,019 $251,073 $251,127 $ 0 $ 0 $ 51 $ 105
2 $ 4,259 $252,071 $252,222 $252,378 $252,539 $ 1,049 $ 1,200 $ 1,356 $ 1,517
3 $ 6,517 $253,131 $253,425 $253,737 $254,066 $ 2,109 $ 2,403 $ 2,715 $ 3,045
4 $ 8,866 $254,142 $254,625 $255,150 $255,720 $ 3,120 $ 3,603 $ 4,128 $ 4,698
5 $ 11,308 $255,103 $255,818 $256,618 $257,509 $ 4,081 $ 4,796 $ 5,596 $ 6,487
6 $ 13,848 $256,007 $256,999 $258,137 $259,441 $ 4,985 $ 5,977 $ 7,115 $ 8,419
7 $ 16,490 $256,853 $258,162 $259,708 $261,527 $ 6,086 $ 7,396 $ 8,941 $ 10,761
8 $ 19,237 $257,638 $259,307 $261,331 $263,782 $ 7,127 $ 8,796 $10,820 $ 13,271
9 $ 22,095 $258,360 $260,426 $263,005 $266,218 $ 8,105 $10,171 $12,750 $ 15,962
10 $ 25,066 $259,014 $261,516 $264,728 $268,848 $ 9,014 $11,516 $14,728 $ 18,848
15 $ 41,805 $261,084 $266,246 $273,949 $285,440 $11,084 $16,246 $23,949 $ 35,440
20 $ 62,171 $260,405 $268,744 $283,444 $309,317 $10,405 $18,744 $33,444 $ 59,317
25 $ 86,948 $255,176 $266,514 $290,886 $342,505 $ 5,176 $16,514 $40,886 $ 92,505
30 $117,094 $ 0(2) $255,524 $291,782 $386,929 $ 0(2) $ 5,524 $41,782 $136,929
35 $153,771 $ 0 $ 0(2) $277,178 $442,655 $ 0 $ 0(2) $27,178 $192,655
40 $198,394 $ 0 $ 0 $ 0(2) $505,686 $ 0 $ 0 $ 0(2) $255,686
45 $252,685 $ 0 $ 0 $ 0 $561,998 $ 0 $ 0 $ 0 $311,998
50 $318,738 $ 0 $ 0 $ 0 $585,569 $ 0 $ 0 $ 0 $335,569
55 $399,102 $ 0 $ 0 $ 0 $521,201 $ 0 $ 0 $ 0 $271,201
60 $496,877 $ 0 $ 0 $ 0 $285,625 $ 0 $ 0 $ 0 $ 35,625
65 $ 0 $ 0 $ 0 $ 0 $ 0(2) $ 0 $ 0 $ 0 $ 0(2)
</TABLE>
- --------------
(1) Assumes no Contract loan has been made.
(2) Based on a gross return of 0% the cash surrender value would go to zero in
year 1 and in year 28 and later. Because the Target Premium is being paid,
the Contract is kept inforce through the Limited Death Benefit Guarantee
Period of 5 years. The Contract would go into default in year 28. Based on
a gross return of 4% the cash surrender value would go to zero in year 1
and in year 32 and later. Because the Target Premium is being paid, the
Contract is kept inforce through the Limited Death Benefit Guarantee Period
of 5 years. The Contract would go into default in year 32. Based on a gross
return of 8%, the Contract would go into default in year 39. Based on a
gross return of 12%, the Contract would go into default in year 61.
THE HYPOTHETICAL INVESTMENT RATES OF RETURN SHOWN ABOVE AND ELSEWHERE IN THIS
PROSPECTUS ARE ILLUSTRATIVE ONLY AND SHOULD NOT BE DEEMED A REPRESENTATION OF
PAST OR FUTURE INVESTMENT RATES OF RETURN. ACTUAL RATES OF RETURN MAY BE MORE OR
LESS THAN THOSE SHOWN AND WILL DEPEND ON A NUMBER OF FACTORS INCLUDING THE
INVESTMENT ALLOCATIONS MADE BY AN OWNER, PREVAILING INTEREST RATES, AND RATE OF
INFLATION. THE DEATH BENEFIT AND CASH SURRENDER VALUE FOR A CONTRACT WOULD BE
DIFFERENT FROM THOSE SHOWN IF THE ACTUAL RATES OF RETURN AVERAGE 0%, 4%, 8%, AND
12% OVER A PERIOD OF YEARS BUT ALSO FLUCTUATED ABOVE OR BELOW THOSE AVERAGES FOR
INDIVIDUAL CONTRACT YEARS. NO REPRESENTATIONS CAN BE MADE BY PRUCO LIFE OR THE
FUNDS THAT THESE HYPOTHETICAL RATES OF RETURN CAN BE ACHIEVED FOR ANY ONE YEAR
OR SUSTAINED OVER ANY PERIOD OF TIME.
T4
<PAGE>
<TABLE>
<CAPTION>
VARIABLE UNIVERSAL LIFE
MALE NON-SMOKER AGE 35
$ 250,000 BASIC INSURANCE AMOUNT
$ 2,007.50 ANNUAL PREMIUM PAYMENT
USING MAXIMUM CONTRACTUAL CHARGES
FIXED DEATH BENEFIT
Internal Rates of Return on Death (1) Internal Rates of Return on Surrender (1)
------------------------------------------------------ ------------------------------------------------------
Assuming Hypothetical Gross (and Net) Assuming Hypothetical Gross (and Net)
Annual Investment Return of Annual Investment Return of
End of ------------------------------------------------------ ------------------------------------------------------
Policy 0% Gross 4% Gross 8% Gross 12% Gross 0% Gross 4% Gross 8% Gross 12% Gross
Year (-1.54% Net) (2.46% Net) (6.46% Net) (10.46% Net) (-1.54% Net) (2.46% Net) (6.46% Net) (10.46% Net)
- ------ ------------ ------------ ------------ ------------ ------------ ------------ ------------ ------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
5 135.66% 135.66% 135.66% 135.66% -28.35% -23.42% -18.62% -13.95%
10 44.34% 44.34% 44.34% 44.34% -14.96% -10.10% -5.40% -0.83%
15 23.96% 23.96% 23.96% 23.96% -13.45% -7.73% -2.48% 2.44%
20 15.44% 15.44% 15.44% 15.44% -14.78% -7.24% -1.13% 4.17%
25 10.88% 10.88% 10.88% 10.88% -24.13% -8.62% -0.60% 5.26%
30 (2) 8.09% 8.09% 9.00% (2) -16.98% -0.68% 6.04%
35 (2) 6.24% 8.48% (2) -1.61% 6.52%
40 4.93% 8.06% -6.13% 6.78%
45 (2) 7.75% (2) 6.91%
50 7.52% 6.95%
55 7.32% 6.94%
60 7.17% 6.93%
65 6.97% 6.87%
</TABLE>
- ------------------------
(1) Assumes no Contract loan has been made.
(2) Based on a gross return of 0% the Contract would go into default in policy
year 29. Based on a gross return of 4% the Contract would go into default
in policy year 33. Based on a gross return of 8% the Contract would go into
default in policy year 43.
VARIABLE DEATH BENEFIT
<TABLE>
<CAPTION>
Internal Rates of Return on Death (1) Internal Rates of Return on Surrender (1)
------------------------------------------------------ ------------------------------------------------------
Assuming Hypothetical Gross (and Net) Assuming Hypothetical Gross (and Net)
Annual Investment Return of Annual Investment Return of
End of ------------------------------------------------------ ------------------------------------------------------
Policy 0% Gross 4% Gross 8% Gross 12% Gross 0% Gross 4% Gross 8% Gross 12% Gross
Year (-1.54% Net) (2.46% Net) (6.46% Net) (10.46% Net) (-1.54% Net) (2.46% Net) (6.46% Net) (10.46% Net)
- ------ ------------ ------------ ------------ ------------ ------------ ------------ ------------ ------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
5 136.77% 136.92% 137.09% 137.28% -28.61% -23.67% -18.88% -14.21%
10 44.98% 45.15% 45.37% 45.65% -15.27% -10.42% -5.72% -1.15%
15 24.43% 24.64% 24.95% 25.39% -13.95% -8.20% -2.92% 2.01%
20 15.76% 16.00% 16.42% 17.10% -15.73% -7.99% -1.77% 3.58%
25 11.01% 11.27% 11.82% 12.82% -27.94% -10.17% -1.62% 4.43%
30 (2) 8.20% 8.89% 10.32% (2) -26.65% -2.48% 4.88%
35 (2) 6.70% 8.73% (2) -6.19% 5.06%
40 (2) 7.61% (2) 5.02%
45 6.71% 4.74%
50 5.84% 4.16%
55 4.74% 2.89%
60 2.56% -5.12%
65 (2) (2)
</TABLE>
- -----------------
(1) Assumes no Contract loan has been made.
(2) Based on a gross return of 0% the Contract would go into default in policy
year 28. Based on a gross return of 4% the Contract would go into default
in policy year 32. Based on a gross return of 8% the Contract would go into
default in policy year 39. Based on a gross return of 12% the Contract
would go into default in policy year 61.
THE HYPOTHETICAL INVESTMENT RATES OF RETURN SHOWN ABOVE AND ELSEWHERE IN THIS
PROSPECTUS ARE ILLUSTRATIVE ONLY AND SHOULD NOT BE DEEMED A REPRESENTATION OF
PAST OR FUTURE INVESTMENT RATES OF RETURN. ACTUAL RATES OF RETURN MAY BE MORE OR
LESS THAN THOSE SHOWN AND WILL DEPEND ON A NUMBER OF FACTORS INCLUDING THE
INVESTMENT ALLOCATIONS MADE BY AN OWNER, PREVAILING INTEREST RATES, AND RATE OF
INFLATION. THE DEATH BENEFIT AND CASH SURRENDER VALUE FOR A CONTRACT WOULD BE
DIFFERENT FROM THOSE SHOWN IF THE ACTUAL RATES OF RETURN AVERAGE 0%, 4%, 8%, AND
12% OVER A PERIOD OF YEARS BUT ALSO FLUCTUATED ABOVE OR BELOW THOSE AVERAGES FOR
INDIVIDUAL CONTRACT YEARS. NO REPRESENTATIONS CAN BE MADE BY PRUCO LIFE OR THE
FUNDS THAT THESE HYPOTHETICAL RATES OF RETURN CAN BE ACHIEVED FOR ANY ONE YEAR
OR SUSTAINED OVER ANY PERIOD OF TIME.
T6
