Pruco Life Flexible Premium Variable Annuity Account
07/24/2026 | Press release | Distributed by Public on 07/24/2026 15:25
Summary Prospectus for New Investors by Investment Company (Form 497VPI)
PRUDENTIAL FLEXGUARD
FLEXIBLE PREMIUM DEFERRED INDEX-LINKED AND VARIABLE ANNUITY ("B SERIES")
Issued by
PRUCO LIFE INSURANCE COMPANY
PRUCO LIFE FLEXIBLE PREMIUM VARIABLE ANNUITY ACCOUNT
Supplement dated July 24, 2026
To
Initial Summary Prospectus dated May 1, 2026
This Supplement should be read in conjunction with the current Initial Summary Prospectus ("ISP") for your Annuity and should be retained for future reference. This Supplement is intended to update certain information in the ISP for the Annuity you own and is not intended to be a prospectus or offer for any other annuity that you do not own. Defined terms used herein and not otherwise defined herein shall have the meanings given to them in the statutory prospectus and Statement of Additional Information.
This Supplement describes certain changes and updates to your ISP that are effective immediately.
1.
Table of Contents:
"Important Information You Should Consider About the Annuity" is restated as "Important Information You Should Consider About the Contract."
2.
Glossary of Terms:
The following terms are added:
"Interim Value: The value of an Index Strategy on any Valuation Day during an Index Strategy Term other than the Index Strategy Start Date and Index Strategy End Date. It is a calculated value (as described in the "Interim Value of Index Strategies" section of the statutory prospectus) and is used when a withdrawal, death benefit payment, transfer, Annuitization or surrender occurs between an Index Strategy Start Date and Index Strategy End Date. During an Index Strategy Term, the Interim Value is included in the Account Value and Surrender Value. If a Performance Lock has occurred, certain parameters of the Interim Value calculation will apply as described in the "Performance Lock" section of the statutory prospectus."
"Payout Stage: The period starting on the Annuity Date and during which annuity payments are made."
3.
Important Information You Should Consider About The Contract, "Restrictions" Section:
a.
In the "Are there Restrictions on the Investment Options?" subsection, the 4th bullet is restated as follows:
"We reserve the right to:"
b.
In the "Are there any Restrictions on Contract Benefits?" subsection, the restriction is restated as follows:
|
Are there any Restrictions on Contract Benefits?
|
Yes.
●
We reserve the right to limit the use of the Performance Lock feature for certain Index Strategies.
●
We may discontinue the use of this feature for future Performance Lock requests at any time.
●
Withdrawals may significantly reduce the Death Benefit, perhaps by more than the amount withdrawn.
Certain Contract Benefits may not be available through certain financial intermediaries. See Appendix F, "Financial Intermediary Variations" and the Cover Page of the statutory prospectus for additional information.
For more information on the benefits under the Contract, please refer to the "Benefits Available Under the Contract" and "Performance Lock" sections of the statutory prospectus.
|
PLAZFG-ISPSUP1
1
4.
Making Withdrawals: Accessing The Money In Your Contract:
In the "Surrender Value" subsection, the third paragraph is replaced in its entirety with the following:
"Your Surrender Value taken from an Index Strategy before the Index Strategy End Date will be based on the Interim Value. Please see the "Charges and Adjustments" section of the statutory prospectus for more information."
5.
Additional Information About Fees:
The first sentence of the footnote under the adjustments table is restated as follows:
"1. An Interim Value adjustment will apply upon any withdrawal, death benefit payment, transfer, Annuitization or surrender that occurs during an Index Strategy Term other than on the Index Strategy Start Date or Index Strategy End Date."
If you have any questions, please call us at 1-888-PRU-2888.
THIS SUPPLEMENT SHOULD BE READ AND RETAINED FOR FUTURE REFERENCE.
PLAZFG-ISPSUP1
2
Pruco Life Flexible Premium Variable Annuity Account published this content on July 24, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on July 24, 2026 at 21:25 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]