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Prudential Agrees to Group Life Claim Changes in DOL Settlement
ThinkAdvisor
Apr. 20, 2023 "DOL officials say Prudential denied about 200 group life claims based on lack of evidence of insurability from 2017 through 2020. The company has agreed to limit evidence-of-insurability challenges to claims involving insureds who died within three months of starting to pay premiums. Officials say they would like to see all group life issuers limit challenges based on questions about evidence of insurability." |
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