Question 1

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

Accepted Answer

The PRU*PREMIUM charge is a legitimate payment to Prudential Financial for a life insurance or investment policy you hold with them. The charge often appears with PRU followed by your specific policy number. Since Prudential manages a wide range of products including term life, whole life, and variable investment accounts, the amount will vary depending on your specific plan and coverage level.

Question 2

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

Accepted Answer

In most cases, PRU*PREMIUM is a legitimate charge from Prudential Financial and not fraud. It is common for people to forget about policies set up years ago, or the charge may be tied to a policy through an employer benefits program. Before disputing it with your bank, we recommend contacting Prudential directly through their official contact page at prudential.com/contact-us to look up the policy associated with the charge using your account details.

Question 3

How do I stop or cancel the PRU*PREMIUM charge from Prudential?

Accepted Answer

To cancel or stop the PRU*PREMIUM charge, you will need to contact Prudential directly, as simply blocking the payment through your bank may lapse or terminate your insurance policy without proper notice. Visit prudential.com/contact-us to reach their customer service team. Be prepared to provide your policy number, which may appear alongside the PRU*PREMIUM charge on your statement, so they can locate your account and walk you through the cancellation process.

Question 4

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

Accepted Answer

The variable amount you see with the PRU*PREMIUM charge is normal for certain Prudential products. If you hold a variable life insurance or investment-linked policy, your premiums or associated fees can fluctuate based on factors like investment performance, cost of insurance adjustments, or changes in your coverage elections. If you are unsure why a specific amount changed, Prudential can provide a full breakdown by reaching out through prudential.com/contact-us.

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

Why does this charge appear?

What should you do?

Is this charge fraudulent?

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