8/10/2023 0 Comments Prudential life insurance* Prudential Life Insurance Company establishes the CAF interest rate for each calendar year. View the New MBF member Group Universal Life (GUL) Web Enrollment User Guide New MBF Members (within 90 days of becoming eligible for GUL) will receive a welcome letter directly from Prudential with instructions on how to enroll in GUL. Follow the instructions to create a personal User ID and password.) If you have not previously created a User ID and Password, select “Register Now” and enter 24768 in the Control Number field. (Login using your previously created User ID and Password. Additional information and assistance can be obtained by calling Prudential's customer service center at (800) 562-9874.Ĭurrent MBF Members enrolled in GUL can access the GUL self service site at obtain information and make changes to beneficiaries and CAF elections. GUL is insured with The Prudential Insurance Company of America (Prudential). The insurance is portable so long as the group contract is in force and once you have enrolled as an active member, can be continued at group rates into retirement or when membership in the Fund ends for any reason. GUL is optional and is paid for entirely by member contributions. Active members under age 70 are also eligible for Accidental Death & Dismemberment Insurance coverage. The Group Universal Life (GUL) Insurance provides life insurance coverage at affordable group rates and offers members an opportunity to set aside sums of money in a Cash Accumulation Fund (CAF), which earns tax-deferred interest*.
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