If I Have A Insurance Policy With Prudential And It’s Stock Drops To 0 Will My Policy Lose All It’s Value?
It is a life insurance policy
Tags: Drops, Have, Insurance, It's, Policy, Prudential, Stock, Will, With
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Sometimes, they make the policy so that you insure for like 50,000, or whatever you insured for, and then allow you to add on some stock performance to it.
So, the minimum should be $50,000.
I work with prudential, if you bought Variable insurance you have a a number years guarantee on your death benefit. your cash value will go down until 0 or negative. But your death benefit is either guarantee up to 70 years.. check your policy!!
Your 68 shares of stock may go down in value, but the insurance coverage will stay the same.
it depends on what you started on then this is what you will get. If your stock goes negative your broke buddy