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PRCUA Office Hours

 

Office Hours are:

Monday, Tuesday, Thursday and Friday – 8:00 a.m. to 5:30 p.m. (CST)

Our office remains closed on Wednesdays.

 

Beginning September 1st, PRCUA is making changes to its Internal Transfer rules for annuities.  – (August 2025)

 

  • Commissions for Internal Transfers from an existing PRCUA annuity will be paid on both premium and interest and only in the final year of the annuity term.
  • Internal Transfers that occur during the final year of the annuity term are exempt from surrender charges.
  • Internal Transfers initiated before the final year will be subject to standard surrender fees.

 

Final year of the annuity term is defined as beginning of the third year from the 3-YR annuity contract issue date, beginning of the fifth year from the 5-YR annuity contract issue date and the beginning of the eighth year from the 8-YR annuity contract date.

 

New Annuity Rates & Plan Changes – (June 2025)

8 YR Annuity – Offering a 5.75% APY guaranteed in the first year.  Minimum deposit $10,000.

5 YR Annuity – Offering a 5.25% APY, guaranteed in the first year.  Minimum deposit $500.

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3 YR MYGA Annuity – Offering a 4.5% APY, guaranteed for 3 years.  Minimum deposit $10,000.

The minimum guaranteed APY is 3.0% for all three annuity plans. (Annuity Flyer – M Series)

Commissions have been increased for the 3YR MYGA Annuity.  (Annuity Commissions W)).

Surrender Charges are Increasing:

  YR 1 YR 2 YR 3 YR 4 YR 5 YR 6 YR 7 YR 8
3YR Annuity 8% 7% 6%          
5YR Annuity 10% 9% 8% 7% 6%      
8YR Annuity 13% 12% 11% 10% 9% 8% 7% 6%

Current Rates Flyer:   202506-AS-EN-2UP Annuity Series Half Page Flyer (E-Read) 

 

Rate Adjustment for Non-Guaranteed APYs

Beginning with the interest posted on May 31, 2025, the non-guaranteed rate for interest earned is 4.50% APY

 

 

Annuity Rates – (April 2025)

8 Year Annuity – Offering a 6.25% APY guaranteed in the first year.  Minimum deposit $500.

3 Year Annuity – Offering a 4.50% APY, guaranteed in the first year.  Minimum deposit $500.

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5 Year Annuity MYGA – Offering a 5.25% APY, guaranteed for 2 years.  Minimum deposit $1,500.

The minimum guaranteed APY is 3.0% for all three annuity plans.  (Product Flyer)

 

“Earn a Little Extra” Quarterly Sales Bonus – New Tier Limits! 

(February 2025)

PRCUA is happy to share that we’ve lowered the earning tiers for the Quarterly Sales Bonus.

  • Earn $25 per issued certificate for $5,000+ of annualized premium, written in the 1st Quarter
  • Earn $50 per issued certificate for $10,000+ of annualized premium, written in the 1st Quarter

This bonus is available to licensed writing agents in good standing.

Single Premium Whole Life, Final Expense Plans and Annuity sales are exempt from this Quarterly Sales Bonus.  For more information about the Earn a Little Extra Quarterly Sales Bonus – 1st Quarter​ or contact the Sales Department directly at sales@prcua.org.

 

New Year! New Lower Premiums! – (January 2025)

PRCUALife is pleased to announce a price reduction in our Whole Life Product Portfolio premiums.  Thiis affects the following WL products:

  • Traditional Whole Life
  • 5-, 10-, 15-, and 20- Year Limited Pay Whole Life
  • Whole Life Paid Up at Age 70

Single Pay Whole Life is excluded from this premium reduction.

In addition, the certificate fees on our product portfolio (excluding the Single Pay Whole Life plan) have increased to $60 from $50.

The Sales Illustration Software has been updated on January 2, 2025, to reflect the above changes.  If you use a downloaded version of our illustration software, you will need to update your download version.  If you use the online version, no action is required on your part.

 

Annuity Rates – (October 2024)

8 Year Annuity – Offering a 6.25% APY guaranteed in the first year.  Minimum deposit $500.

3 Year Annuity – Offering a 4.50% APY, guaranteed in the first year.  Minimum deposit $500.

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5 Year Annuity MYGA – Offering a 5.25% APY, guaranteed for 2 years.  Minimum deposit $1,500.

The minimum guaranteed APY is 3.0% for all three annuity plans.  (Product Flyer)

 

Effective July 1, 2024 – Rate Adjustment for Non-Guaranteed APYs (June 2024)

Effective July 1, 2024, Star 150K and the Elite 150K Series annuities that have reached or will be reaching the end of their first year will have annual percentage yield (APYs) adjustments.

  • Star 150K in their second year will be adjusted to 5% APY
  • Elite 150K in their second year will be adjusted to 6% APY

There will be no changes to the MYGA Edge 150K at this time.  APYs are being adjusted in response to economic and market conditions.

 

PRCUA will require Two-Factor Authentication (2FA)(MFA) beginning in May 2024 (April 2024)

At PRCUALife, we take the protection of data very seriously, and understand that the confidentiality, integrity, and availability of this data is vital to our business. We are reiterating our commitment to providing a higher level of security by requiring two-factor authentication (2FA) when you access the PRCUALife Agent Support website:  https://agent.prcua.org

During login, you will be prompted to Configure 2FA now. You can postpone 2FA setup up to 10 days or by the date specified on the page. After which, you will be required to complete the configuration of 2FA. Attached is IT Procedure P204-PRCUALife Agent Support Website 2FA which describes the 2FA setup process. (IT Procedure P204-PRCUALife Agent Support Website 2FA)

What is two-factor authentication?

Two-factor authentication provides a second layer of security to your account with additional verification using a trusted device. This device can be a smartphone running the 2FA app (TOTP), a one-time code via email (HOTP), or a One-time code via SMS. PRCUALife is initially supporting the 2FA app (TOTP) method.

Why do we need two-factor authentication?

Passwords can be hacked, stolen, or guessed. With 2FA, even if someone has your password, they will not gain access to your PRCUALife account without access to your trusted device.  2FA provides a more secure computing environment for PRCUALife and aligns with industry standards and best practices.  If should need assistance, please contact the Sales Department directly at sales@prcua.org.

 

Introducing the “Earn a Little Extra” Quarterly Sales Bonus (April 2024)

Earn up to $50.00 per issued certificate for $15,000+ of annualized Life Insurance premium written and issued during the 2nd Quarter.  This bonus is available to all licensed writing agents in good standing.

Single Premium Whole Life, Final Expense Plans and Annuity sales are exempt from this Quarterly Sales Bonus.  For more information about the Earn a Little Extra Quarterly Sales Bonus 

or contact the Sales Department directly at sales@prcua.org.

 

New Annuity Applications for California (CA) and 
Pennsylvania (PA) – (April 2024)

The CA and PA Departments of Insurance have approved new annuity applications, to be used effective immediately.  If you are submitting CA or PA annuity business, please ensure you are using the new application forms, located under the Annuity Application Menu.

No action required for annuity applications with the New Business Department.