Question 1

What is the PRU*PREMIUM charge on my bank statement?

Accepted Answer

The PRU*PREMIUM charge is a premium payment from Prudential Financial for a life insurance or investment product you hold with them. It often appears with a policy number following the PRU prefix. Prudential is one of the largest financial services companies in the US, and this charge reflects an automatic premium deduction for your active policy. If you are unsure which policy it is tied to, contact Prudential directly at prudential.com/contact-us.

Question 2

Why does the PRU*PREMIUM amount change from month to month?

Accepted Answer

Prudential's PRU*PREMIUM charge can vary because certain life insurance and investment products have premiums that fluctuate based on factors like your policy type, age-based cost adjustments, investment account performance, or optional rider fees. Variable universal life policies in particular can see shifting charges depending on the cost of insurance and fund performance. To get a detailed breakdown of why your specific amount changed, log into your Prudential account or reach out through prudential.com/contact-us.

Question 3

I don't remember signing up for anything with Prudential — could PRU*PREMIUM be unauthorized?

Accepted Answer

While it is worth investigating, PRU*PREMIUM is a legitimate charge from Prudential Financial and is not typically associated with fraud. It is possible the policy was set up through an employer-sponsored benefits plan, a financial advisor, or a family member who listed your account for payments. Check with your HR department or any financial advisors you work with. If you still cannot identify the source, contact Prudential directly at prudential.com/contact-us to look up any policies associated with your information.

Question 4

How do I stop the PRU*PREMIUM charge from being taken from my account?

Accepted Answer

To stop the PRU*PREMIUM charge, you will need to contact Prudential directly, as canceling or modifying a policy or automatic payment cannot be done by simply disputing the charge with your bank. Visit prudential.com/contact-us to reach their customer service team, where you can request to cancel your policy, stop automatic payments, or update your billing information. Keep in mind that canceling a life insurance policy may have financial consequences, such as surrender charges or loss of coverage, so it is worth reviewing your policy terms before proceeding.

PRU*PREMIUM Charge (What It Is + Is It Legit?)

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Is this charge fraudulent?

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