-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, FeHT8NxlAUE3CJ81XZKJe3xuFXBpTCW7jTCGker1TzRoMaG68geNgTK16hObSNbQ yj0pO2j4XbT0CreNiQ00Vw== 0000950110-97-001222.txt : 19970801 0000950110-97-001222.hdr.sgml : 19970801 ACCESSION NUMBER: 0000950110-97-001222 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970731 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: PRUDENTIAL VARIABLE APPRECIABLE ACCOUNT CENTRAL INDEX KEY: 0000828972 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 221121670 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-25372 FILM NUMBER: 97648735 BUSINESS ADDRESS: STREET 1: PRUDENTIAL INSURANCE CO OF AMERICA STREET 2: 213 WASHINGTON STREET CITY: NEWARK STATE: NJ ZIP: 07102 BUSINESS PHONE: 2018026000 MAIL ADDRESS: STREET 1: PRUDENTIAL INSURANCE CO OF AMERICA STREET 2: 751 BROAD STREET CITY: NEWARK STATE: NJ ZIP: 07102 FORMER COMPANY: FORMER CONFORMED NAME: PRUDENTIAL VARIABLE LIFE INSURANCE ACCOUNT DATE OF NAME CHANGE: 19880606 497 1 PROSPECTUS SUPPLEMENT SUPPLEMENT DATED AUGUST 4, 1997 TO PROSPECTUS DATED MAY 1, 1997 FOR THE PRUDENTIAL VARIABLE APPRECIABLE ACCOUNT CUSTOM VAL (SM) LIFE________________________ INSURANCE CONTRACTS The purpose of this supplement is to revise the example in the CONTRACT LOANS section and replace the hypothetical illustrations on pages T1 through T4. The CONTRACT LOANS section begins on page 20. The last paragraph on page 20 is revised to read: "Consider the Contract issued on a 35 year old male insured illustrated in the table on page T3 with a 12% gross investment return. Assume a $5,000 fixed-rate (5.5%) loan was made under this Contract at the end of Contract year 8 and repaid at the end of Contract year 10 and loan interest was paid when due. Upon repayment, the cash surrender value would be $13,705.63. This amount is lower than the cash surrender value shown on that page for the end of Contract year 10 because the loan amount was credited with the 4% assumed rate of return rather than the 10.87% net return for the designated subaccount[s] resulting from the 12% gross return in the underlying Series Fund. If a variable interest rate option had been chosen, the cash surrender value would have been higher." The hypothetical illustrations on pages T1 through T4 are replaced with the following illustrations with the same page numbers. These new illustrations reflect changes in the cost of insurance rates that Prudential is currently charging. PCVAL-SUP Ed. 8-97 Catalog No. 64N094I ILLUSTRATIONS ------------- CUSTOM VAL LIFE INSURANCE CONTRACT FORM A -- FIXED DEATH BENEFIT MALE SELECT PREFERRED ISSUE AGE 35 $300,000 GUARANTEED DEATH BENEFIT RATE SCHEDULE WITH HIGH INITIAL ANNUAL PREMIUM OF $1,987.60 RISING TO $3,983.46 AT AGE 64, MAXIMUM PREMIUM AGE 65 AND LATER -- $15,664.08(1) USING CURRENT CONTRACTUAL CHARGES
DEATH BENEFIT (2) CASH SURRENDER VALUE (2) --------------------------------------- --------------------------------------- ASSUMING HYPOTHETICAL GROSS (AND NET) ASSUMING HYPOTHETICAL GROSS (AND NET) PREMIUMS ANNUAL INVESTMENT RETURN OF ANNUAL INVESTMENT RETURN OF END OF ACCUMULATED AT --------------------------------------- --------------------------------------- POLICY ANNUAL 4% INTEREST 0% GROSS 6% GROSS 12% GROSS 0% GROSS 6% GROSS 12% GROSS YEAR PREMIUM PER YEAR (1) (-1.13% NET) (4.87% NET) (10.87% NET) (-1.13% NET) (4.87% NET) (10.87% NET) ------ ------- -------------- ------------ ----------- ------------ ------------ ----------- ------------ 1 $ 1,988 $ 2,067 $300,000 $300,000 $ 300,000 $ 0 $ 0 $ 0 2 $ 1,997 $ 4,227 $300,000 $300,000 $ 300,000 $ 120 $ 389 $ 670 3 $ 2,010 $ 6,486 $300,000 $300,000 $ 300,000 $ 1,265 $ 1,791 $ 2,364 4 $ 2,025 $ 8,852 $300,000 $300,000 $ 300,000 $ 2,387 $ 3,258 $ 4,243 5 $ 2,039 $ 11,327 $300,000 $300,000 $ 300,000 $ 3,485 $ 4,788 $ 6,323 6 $ 2,058 $ 13,920 $300,000 $300,000 $ 300,000 $ 5,080 $ 6,910 $ 9,155 7 $ 2,078 $ 16,637 $300,000 $300,000 $ 300,000 $ 6,819 $ 9,275 $ 12,414 8 $ 2,098 $ 19,485 $300,000 $300,000 $ 300,000 $ 8,528 $ 11,716 $ 15,958 9 $ 2,121 $ 22,470 $300,000 $300,000 $ 300,000 $ 10,212 $ 14,239 $ 19,820 10 $ 2,146 $ 25,600 $300,000 $300,000 $ 300,000 $ 11,861 $ 16,838 $ 24,028 15 $ 2,311 $ 43,745 $300,000 $300,000 $ 300,000 $ 16,670 $ 28,218 $ 48,877 20 $ 2,607 $ 67,124 $303,230 $303,230 $ 303,230 $ 23,718 $ 45,952 $ 95,907 25 $ 3,107 $ 97,892 $306,458 $306,458 $ 334,540 $ 30,869 $ 68,975 $ 177,618 30 (AGE 65) $ 3,983 $139,242 $306,450 $306,450 $ 522,801 $ 33,675 $ 95,500 $ 313,514 35 $15,664 $257,645 $307,180 $307,180 $ 783,753 $ 89,244 $163,581 $ 525,651 40 $15,664 $401,699 $307,870 $340,811 $1,176,180 $138,967 $253,218 $ 868,809 45 $15,664 $576,964 $308,476 $453,871 $1,776,341 $182,460 $363,665 $1,418,296 (1) FOR A HYPOTHETICAL GROSS INVESTMENT RETURN OF 0%, THE PREMIUM AFTER AGE 65 WILL BE $15,664.08. FOR A GROSS RETURN OF 6%, THE PREMIUM AFTER AGE 65 WILL BE $9,872.50. FOR A GROSS RETURN OF 12%, THE PREMIUM AFTER AGE 65 WILL BE $1,987.60. THE PREMIUMS ACCUMULATED IN COLUMN 3 ARE THOSE PAYABLE IF THE GROSS INVESTMENT RETURN IS 0%. FOR AN EXPLANATION OF WHY THE SCHEDULED PREMIUM MAY SIGNIFICANTLY INCREASE AFTER AGE 65, SEE PREMIUMS. (2) ASSUMES NO CONTRACT LOAN HAS BEEN MADE.
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 RATES OF INFLATION. THE DEATH BENEFIT AND CASH SURRENDER VALUE FOR A CONTRACT WOULD BE DIFFERENT FROM THOSE SHOWN IF THE ACTUAL RATES OF RETURN AVERAGED 0%, 6%, 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 PRUDENTIAL OR THE SERIES FUND THAT THESE HYPOTHETICAL RATES OF RETURN CAN BE ACHIEVED FOR ANY ONE YEAR OR SUSTAINED OVER ANY PERIOD OF TIME. T1 CUSTOM VAL LIFE INSURANCE CONTRACT FORM B -- VARIABLE DEATH BENEFIT MALE SELECT PREFERRED ISSUE AGE 35 $300,000 GUARANTEED DEATH BENEFIT RATE SCHEDULE WITH HIGH INITIAL ANNUAL PREMIUM OF $1,987.60 RISING TO $3,983.46 AT AGE 64, MAXIMUM PREMIUM AGE 65 AND LATER -- $15,664.08(1) USING CURRENT CONTRACTUAL CHARGES
DEATH BENEFIT (2) CASH SURRENDER VALUE (2) --------------------------------------- --------------------------------------- ASSUMING HYPOTHETICAL GROSS (AND NET) ASSUMING HYPOTHETICAL GROSS (AND NET) PREMIUMS ANNUAL INVESTMENT RETURN OF ANNUAL INVESTMENT RETURN OF END OF ACCUMULATED AT --------------------------------------- --------------------------------------- POLICY ANNUAL 4% INTEREST 0% GROSS 6% GROSS 12% GROSS 0% GROSS 6% GROSS 12% GROSS YEAR PREMIUM PER YEAR (1) (-1.13% NET) (4.87% NET) (10.87% NET) (-1.13% NET) (4.87% NET) (10.87% NET) ------ ------- -------------- ------------ ----------- ------------ ------------ ----------- ------------ 1 $ 1,988 $ 2,067 $300,086 $300,181 $ 300,275 $ 0 $ 0 $ 0 2 $ 1,997 $ 4,227 $300,121 $300,390 $ 300,670 $ 19 $ 287 $ 568 3 $ 2,010 $ 6,486 $300,105 $300,630 $ 301,201 $ 1,061 $ 1,586 $ 2,157 4 $ 2,025 $ 8,852 $300,042 $300,909 $ 301,891 $ 2,182 $ 3,049 $ 4,030 5 $ 2,039 $ 11,327 $300,000 $301,228 $ 302,756 $ 3,305 $ 4,602 $ 6,130 6 $ 2,058 $ 13,920 $300,000 $301,670 $ 303,903 $ 5,070 $ 6,889 $ 9,122 7 $ 2,078 $ 16,637 $300,000 $302,164 $ 305,281 $ 6,806 $ 9,248 $ 12,365 8 $ 2,098 $ 19,485 $300,000 $302,716 $ 306,923 $ 8,515 $ 11,680 $ 15,887 9 $ 2,121 $ 22,470 $300,000 $303,328 $ 308,857 $ 10,197 $ 14,191 $ 19,720 10 $ 2,146 $ 25,600 $300,000 $303,999 $ 311,113 $ 11,845 $ 16,775 $ 23,889 15 $ 2,311 $ 43,745 $300,000 $308,330 $ 328,556 $ 16,652 $ 28,008 $ 48,234 20 $ 2,607 $ 67,124 $303,230 $319,432 $ 367,735 $ 23,830 $ 45,560 $ 93,863 25 $ 3,107 $ 97,892 $306,458 $337,413 $ 440,588 $ 31,137 $ 67,953 $ 171,128 30 (AGE 65) $ 3,983 $139,242 $306,450 $362,167 $ 568,809 $ 34,133 $ 92,167 $ 298,809 35 $15,664 $257,645 $310,760 $391,035 $ 748,085 $ 89,363 $169,638 $ 501,838 40 $15,664 $401,699 $313,393 $440,355 $1,130,500 $138,138 $265,100 $ 835,147 45 $15,664 $576,964 $314,338 $517,809 $1,718,817 $179,424 $382,895 $1,372,421 (1) FOR A HYPOTHETICAL GROSS INVESTMENT RETURN OF 0%, THE PREMIUM AFTER AGE 65 WILL BE $15,664.08. FOR A GROSS RETURN OF 6%, THE PREMIUM AFTER AGE 65 WILL BE $12,697.32. FOR A GROSS RETURN OF 12%, THE PREMIUM AFTER AGE 65 WILL BE $1,987.60. THE PREMIUMS ACCUMULATED IN COLUMN 3 ARE THOSE PAYABLE IF THE GROSS INVESTMENT RETURN IS 0%. FOR AN EXPLANATION OF WHY THE SCHEDULED PREMIUM MAY SIGNIFICANTLY INCREASE AFTER AGE 65, SEE PREMIUMS. (2) ASSUMES NO CONTRACT LOAN HAS BEEN MADE.
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 RATES OF INFLATION. THE DEATH BENEFIT AND CASH SURRENDER VALUE FOR A CONTRACT WOULD BE DIFFERENT FROM THOSE SHOWN IF THE ACTUAL RATES OF RETURN AVERAGED 0%, 6%, 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 PRUDENTIAL OR THE SERIES FUND THAT THESE HYPOTHETICAL RATES OF RETURN CAN BE ACHIEVED FOR ANY ONE YEAR OR SUSTAINED OVER ANY PERIOD OF TIME. T2 CUSTOM VAL LIFE INSURANCE CONTRACT FORM A -- FIXED DEATH BENEFIT MALE SELECT PREFERRED ISSUE AGE 35 $300,000 GUARANTEED DEATH BENEFIT RATE SCHEDULE WITH LOW INITIAL ANNUAL PREMIUM OF $1,371.58 RISING TO $5,363.31 AT AGE 64, MAXIMUM PREMIUM AGE 65 AND LATER -- $17,226.87(1) USING CURRENT CONTRACTUAL CHARGES
DEATH BENEFIT (2) CASH SURRENDER VALUE (2) --------------------------------------- --------------------------------------- ASSUMING HYPOTHETICAL GROSS (AND NET) ASSUMING HYPOTHETICAL GROSS (AND NET) PREMIUMS ANNUAL INVESTMENT RETURN OF ANNUAL INVESTMENT RETURN OF END OF ACCUMULATED AT --------------------------------------- --------------------------------------- POLICY ANNUAL 4% INTEREST 0% GROSS 6% GROSS 12% GROSS 0% GROSS 6% GROSS 12% GROSS YEAR PREMIUM PER YEAR (1) (-1.13% NET) (4.87% NET) (10.87% NET) (-1.13% NET) (4.87% NET) (10.87% NET) ------ ------- -------------- ------------ ----------- ------------ ------------ ----------- ------------ 1 $ 1,372 $ 1,426 $300,000 $300,000 $ 300,000 $ 0 $ 0 $ 0 2 $ 1,390 $ 2,929 $300,000 $300,000 $ 300,000 $ 0 $ 0 $ 0 3 $ 1,417 $ 4,520 $300,000 $300,000 $ 300,000 $ 0 $ 69 $ 420 4 $ 1,446 $ 6,205 $300,000 $300,000 $ 300,000 $ 397 $ 925 $ 1,526 5 $ 1,475 $ 7,987 $300,000 $300,000 $ 300,000 $ 1,040 $ 1,829 $ 2,760 6 $ 1,512 $ 9,879 $300,000 $300,000 $ 300,000 $ 2,040 $ 3,145 $ 4,504 7 $ 1,551 $ 11,888 $300,000 $300,000 $ 300,000 $ 3,302 $ 4,784 $ 6,681 8 $ 1,593 $ 14,020 $300,000 $300,000 $ 300,000 $ 4,559 $ 6,482 $ 9,044 9 $ 1,638 $ 16,284 $300,000 $300,000 $ 300,000 $ 5,816 $ 8,245 $ 11,618 10 $ 1,688 $ 18,691 $300,000 $300,000 $ 300,000 $ 7,064 $ 10,071 $ 14,419 15 $ 2,019 $ 33,270 $300,000 $300,000 $ 300,000 $ 10,344 $ 17,416 $ 30,017 20 $ 2,610 $ 53,615 $303,115 $303,115 $ 303,115 $ 16,655 $ 30,562 $ 61,415 25 $ 3,610 $ 83,017 $306,229 $306,229 $ 306,229 $ 25,043 $ 49,727 $118,068 30 (AGE 65) $ 5,363 $126,619 $306,225 $306,225 $ 364,554 $ 32,587 $ 74,877 $219,316 35 $16,113 $244,813 $306,995 $306,995 $ 545,715 $ 90,441 $147,128 $366,666 40 $16,113 $388,614 $307,724 $326,539 $ 818,081 $142,730 $242,662 $604,884 45 $16,113 $563,570 $308,363 $452,210 $1,234,477 $189,543 $362,317 $986,152 (1) FOR A HYPOTHETICAL GROSS INVESTMENT RETURN OF 0%, THE PREMIUM AFTER AGE 65 WILL BE $16,112.52. FOR A GROSS RETURN OF 6%, THE PREMIUM AFTER AGE 65 WILL BE $11,964.71. FOR A GROSS RETURN OF 12%, THE PREMIUM AFTER AGE 65 WILL BE $1,371.58. THE PREMIUMS ACCUMULATED IN COLUMN 3 ARE THOSE PAYABLE IF THE GROSS INVESTMENT RETURN IS 0%. FOR AN EXPLANATION OF WHY THE SCHEDULED PREMIUM MAY SIGNIFICANTLY INCREASE AFTER AGE 65, SEE PREMIUMS. (2) ASSUMES NO CONTRACT LOAN HAS BEEN MADE.
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 RATES OF INFLATION. THE DEATH BENEFIT AND CASH SURRENDER VALUE FOR A CONTRACT WOULD BE DIFFERENT FROM THOSE SHOWN IF THE ACTUAL RATES OF RETURN AVERAGED 0%, 6%, 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 PRUDENTIAL OR THE SERIES FUND THAT THESE HYPOTHETICAL RATES OF RETURN CAN BE ACHIEVED FOR ANY ONE YEAR OR SUSTAINED OVER ANY PERIOD OF TIME. T3 CUSTOM VAL LIFE INSURANCE CONTRACT FORM B -- VARIABLE DEATH BENEFIT MALE SELECT PREFERRED ISSUE AGE 35 $300,000 GUARANTEED DEATH BENEFIT RATE SCHEDULE WITH LOW INITIAL ANNUAL PREMIUM OF $1,371.58 RISING TO $5,363.31 AT AGE 64, MAXIMUM PREMIUM AGE 65 AND LATER -- $17,226.87(1) USING CURRENT CONTRACTUAL CHARGES
DEATH BENEFIT (2) CASH SURRENDER VALUE (2) --------------------------------------- --------------------------------------- ASSUMING HYPOTHETICAL GROSS (AND NET) ASSUMING HYPOTHETICAL GROSS (AND NET) PREMIUMS ANNUAL INVESTMENT RETURN OF ANNUAL INVESTMENT RETURN OF END OF ACCUMULATED AT --------------------------------------- --------------------------------------- POLICY ANNUAL 4% INTEREST 0% GROSS 6% GROSS 12% GROSS 0% GROSS 6% GROSS 12% GROSS YEAR PREMIUM PER YEAR (1) (-1.13% NET) (4.87% NET) (10.87% NET) (-1.13% NET) (4.87% NET) (10.87% NET) ------ ------- -------------- ------------ ----------- ------------ ------------ ----------- ------------ 1 $ 1,372 $ 1,426 $300,130 $300,190 $ 300,250 $ 0 $ 0 $ 0 2 $ 1,390 $ 2,929 $300,237 $300,403 $ 300,578 $ 0 $ 0 $ 0 3 $ 1,417 $ 4,520 $300,324 $300,645 $ 300,996 $ 0 $ 0 $ 274 4 $ 1,446 $ 6,205 $300,396 $300,923 $ 301,521 $ 155 $ 682 $ 1,279 5 $ 1,475 $ 7,987 $300,450 $301,235 $ 302,162 $ 797 $ 1,581 $ 2,508 6 $ 1,512 $ 9,879 $300,517 $301,615 $ 302,966 $ 2,030 $ 3,128 $ 4,479 7 $ 1,551 $ 11,888 $300,569 $302,041 $ 303,925 $ 3,289 $ 4,761 $ 6,645 8 $ 1,593 $ 14,020 $300,611 $302,518 $ 305,058 $ 4,544 $ 6,451 $ 8,991 9 $ 1,638 $ 16,284 $300,640 $303,047 $ 306,387 $ 5,797 $ 8,204 $ 11,544 10 $ 1,688 $ 18,691 $300,654 $303,629 $ 307,928 $ 7,042 $ 10,017 $ 14,316 15 $ 2,019 $ 33,270 $300,459 $307,393 $ 319,715 $ 10,298 $ 17,232 $ 29,554 20 $ 2,610 $ 53,615 $303,588 $317,089 $ 346,868 $ 16,652 $ 30,153 $ 59,932 25 $ 3,610 $ 83,017 $309,778 $333,388 $ 398,075 $ 25,048 $ 48,658 $ 113,345 30 (AGE 65) $ 5,363 $126,619 $317,286 $356,561 $ 489,096 $ 32,286 $ 71,561 $ 204,096 35 $16,638 $247,773 $324,903 $385,717 $ 607,652 $ 91,206 $152,020 $ 373,955 40 $16,638 $395,174 $328,307 $436,067 $ 891,479 $143,316 $251,076 $ 658,972 45 $16,638 $574,510 $329,940 $515,600 $1,403,466 $187,531 $373,191 $1,120,915 (1) FOR A HYPOTHETICAL GROSS INVESTMENT RETURN OF 0%, THE PREMIUM AFTER AGE 65 WILL BE $16,637.88. FOR A GROSS RETURN OF 6%, THE PREMIUM AFTER AGE 65 WILL BE $14,546.64. FOR A GROSS RETURN OF 12%, THE PREMIUM AFTER AGE 65 WILL BE $7,489.52. THE PREMIUMS ACCUMULATED IN COLUMN 3 ARE THOSE PAYABLE IF THE GROSS INVESTMENT RETURN IS 0%. FOR AN EXPLANATION OF WHY THE SCHEDULED PREMIUM MAY SIGNIFICANTLY INCREASE AFTER AGE 65, SEE PREMIUMS. (2) ASSUMES NO CONTRACT LOAN HAS BEEN MADE.
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 RATES OF INFLATION. THE DEATH BENEFIT AND CASH SURRENDER VALUE FOR A CONTRACT WOULD BE DIFFERENT FROM THOSE SHOWN IF THE ACTUAL RATES OF RETURN AVERAGED 0%, 6%, 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 PRUDENTIAL OR THE SERIES FUND THAT THESE HYPOTHETICAL RATES OF RETURN CAN BE ACHIEVED FOR ANY ONE YEAR OR SUSTAINED OVER ANY PERIOD OF TIME. T4 -----END PRIVACY-ENHANCED MESSAGE-----