Overview of Executive GVUL

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Overview of Executive GVUL

• Saint Louis University
• October 16,2006 December 15, 2006

IFS-A124990 Ed. 10/06 The Prudential
Insurance Company of America
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Overview of Prudential Executive GVUL

• What is Executive GVUL coverage?
• Why Executive GVUL?
• What are the Tax Advantages of GVUL?
• Prudential GVUL Certificate Fund Investment
  Portfolios
• Proposed Plan Design
• Prudential GVUL Charges
• Customer Service Administration

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What is Executive GVUL coverage?

• Group Variable Universal Life is a unique group
  product that provides permanent life insurance
  with both a death benefit and an opportunity to
  accumulate cash value on a income tax-deferred
  basis with a fixed account and 16 investment
  options.
• Competitive group rates
• Variable Investment Options
• Separate Account 16 mutual fund portfolios from
  nationally recognized investment managers
• Fixed Account Currently 4 , Minimum guarantee
  4
• Free Look Period 10 days
• Any guarantees are based on the claims-paying
  ability of the issuer.

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Why Executive GVUL?

• Need for more permanent life insurance protection
• Estate planning
• Economies of Group Life insurance
• Tax-advantages
• Interest in equity-based products
• Easy access of cash value prior to retirement
  age, generally without penalty
• Loans and withdrawals will reduce the death
  benefit. In addition, there may be a transaction
  charge assessed. The prospectus contains more
  detail. Please note, if your cash contribution
  exceeds certain limits and your GVUL coverage
  becomes a Modified Endowment Contract(MEC),
  different tax rules, and in some cases, penalties
  apply for lifetime distributions such as loans,
  withdrawals and assignments (including
  distributions made in the two years prior to
  becoming a MEC). A MEC can result from premium
  payments or from a reduction in coverage (such as
  the purchase of paid-up life insurance). If this
  applies to you, Prudential will notify you in
  writing of your status and advise you of your
  current options (if any) and by when you must
  respond. Prudential is not authorized to give
  tax advice. Please consult a tax advisor.

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What are the Tax Advantages of GVUL?

• Generally tax-deferred earnings
• Access cash value through tax-free withdrawals up
  to your cost basis or loans, generally without
  penalty
• Cost Basis total premiums paid, less any
  tax-free distributions
• Tax-free transfers amongst investment options
• Generally income tax-free benefit to
  beneficiaries
• Loans and withdrawals will reduce the death
  benefit. In addition, there may be a transaction
  charge assessed. The prospectus contains more
  detail. Please note, if your cash contribution
  exceeds certain limits and your GVUL coverage
  becomes a Modified Endowment Contract(MEC),
  different tax rules, and in some cases, penalties
  apply for lifetime distributions such as loans,
  withdrawals and assignments (including
  distributions made in the two years prior to
  becoming a MEC). A MEC can result from premium
  payments or from a reduction in coverage (such as
  the purchase of paid-up life insurance). If this
  applies to you, Prudential will notify you in
  writing of your status and advise you of your
  current options (if any) and by when you must
  respond. Prudential is not authorized to give
  tax advice. Please consult a tax advisor.

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GVUL Certificate Fund

• Variable Investment Options
• Diverse risk classifications and investment
  objectives
• Potential to achieve higher rates of return
  (returns not guaranteed, potential loss of
  principal or lower rates of return)
• Income tax-free transfers among variable options
• Of course, past performance is no guarantee
  of future results. Read the prospectus carefully
  before investing.

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Executive GVUL Certificate Fund orInvestment
Portfolios
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GVUL Certificate Fund

• Direct Billing
• There is a quarterly administrative charge of
  3.00 for direct billing. There is no charge if
  participant elects to pay premiums with
  Electronic Funds Transfer.
• Lump Sum Deposits Towards the Cash Accumulation
  Fund
• Minimum of 100, subject to IRS maximum
• Can be made at any time
• Dollar Cost Averaging
• Periodic transfers from Money Market Portfolio to
  other investment options
• 1,000 in Money Market Portfolio required to
  initiate
• Such a plan does not assure a profit and does
  not protect against a loss in a declining market.
  Investors should consider their financial
  ability to continue their purchases through
  periods of low price levels.

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GVUL Certificate Fund

• Transfers
• Unlimited among variable investment options
• 12 free transfers per year (20 per transfer
  beginning with the 13th)
• The Fixed Account
• Unlimited transfers per year to the Fixed
  Account
• One transfer from the Fixed Account per year
  limited to the greater of 5,000 or 25 of your
  account balance
• Any guarantees are based on the claims-paying
  ability of the issuing company.

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Executive GVUL Proposed Plan Design

• Coverage is available to active full-time UMG
  Physicians and Select administrators of Saint
  Louis University whose earnings exceed 125 of
  the Social Security Wage Base.
• Effective Date of Coverage January 1, 2007
• Plan Design 1- 5 times base annual earnings to
  a combined Company Provided and Voluntary Life
  maximum of 2,000,000
• Guaranteed coverage up to 500,000 during this
  open enrollment period only
• Rate Guarantee Period 3 years
• Maturity Age 100
• Note The Booklet-Certificate, with complete
  plan information, including limitations and
  exclusions, will be provided. If there is a
  discrepancy between this document and the
  Booklet-Certificate issued by Prudential, the
  terms of the Booklet-Certificate will govern.
  Contract Series 89759

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Executive GVUL Proposed Plan Design

• Plan Features
• Accelerated Benefit Option - 75 to a maximum of
  250,000 with a 6-month life expectancy
• Termination Options
• Fully Portable The coverage continues at active
  group rates after termination of employment
• Can elect paid-up coverage
• Can request full surrender
• May have tax implications

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Executive GVUL Proposed Charges

• Cost of Insurance (Executive pooled rates)
• Front End Load Charges
• Sales Charge None
• Processing Charge None
• Charge for Premium Taxes 2.60
• Monthly Administrative Charge 3.00
• Surrender Withdrawal Charges None
• Loan Interest Crediting Rate (currently 4)
  plus 50 basis points
• Note Please refer to the GVUL prospectus and
  supplement for detailed information about GVULs
  charges and expenses including maximum guaranteed
  charges.

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Group Variable Universal Life

• Customer Service Support
• Dedicated customer service center with
  experienced, licensed registered customer
  service representatives
• Toll-free customer service phone number
  1-800-562-9874 is available Monday through Friday
  from 8 a.m. to 6 p.m., Eastern Standard time
• Technologically advanced administration system
• Annual and semi-annual fund reports
• Annual prospectuses
• Quarterly statements of benefits and fund values

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Important GVUL Notice

• You should consider the contract and the
  underlying funds' investment objectives, risks,
  charges and expenses carefully before investing.
  Both the contract prospectus and the underlying
  fund prospectuses contain this and other
  important information. You may call our Toll-free
  customer service phone number 1-800-562-9874 to
  obtain a copy of the contract prospectus and the
  underlying fund prospectuses. You should read
  them carefully before purchasing a contract.

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Questionsand Answers
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Important GVUL Notice

• Group Variable Universal Life (GVUL) is
  underwritten by The Prudential Insurance Company
  of America, 751 Broad Street, Newark, NJ 07102.
• This presentation, intended to be a summary of
  your benefits and does not include all plan
  provisions, exclusions and limitations. A
  Booklet-Certificate, with complete plan
  information, including limitations and
  exclusions, will be provided. If there is a
  discrepancy between this document and the
  Booklet-Certificate issued by Prudential, the
  terms of the Booklet-Certificate will govern.
  Contract Series 89759.
• Employees who would like further information can
  call Prudentials Customer Service Center at
  1-800-562-9874.

A free prospectus containing more complete
information including all charges and expenses is
available by calling 1-800-562-9874. Please read
the prospectus carefully before deciding to
purchase GVUL. Group Variable Life
Insurance(GVUL) is underwritten by The Prudential
Insurance Company of America, 751 Broad Street,
Newark, NJ 07102. GVUL is offered through
Prudential Investment Management Services LLC, a
registered broker/dealer. Prudential Investment
Management Services LLC is a business of The
Prudential Insurance Company of America.
Prudential Investment Management Services LLC is
located at 100 Mulberry Street, Gateway Center 3,
14th Floor, Newark, NJ 07102-4077. Contract
Series 89759