Prudential: PruFast Track Changes Effective Today

10-01-2020

Prudential is continuously evaluating and improving their accelerated underwriting PruFast Track process. They are pleased to announce the PruFast Track maximum face amount will be permanently increased to $3 million.

Based on thier experience over the past several months, Prudential is making a permanent change to offer accelerated decisions on cases up to and including $3 million. The probability of receiving an accelerated decision (no exam/lab/medical records) is higher at the younger ages and lower face amounts. Cases over $1 million and up to $3 million will be less likely to receive an accelerated decision; however, Prudential will utilize EHRs and APSs in some cases in place of the exam/labs.

PruFast Track cases requiring full underwriting will now require a paramed exam and labs.  The temporary pandemic measures utilizing an EHR/APS in place of an exam/labs will be discontinued.

Marketing materials will be updated in the near future.

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