Stagecoach XTra Credit SIX - Prudential Annuities

Managing Your Annuity
AMERICAN SKANDIA STAGECOACH XTRA CREDIT SIX PROSPECTUS
MAY I CHANGE THE OWNER, ANNUITANT AND
BENEFICIARY DESIGNATIONS?
You may change the Owner, Annuitant and Beneficiary designations
by sending us a request in writing. Upon an ownership
change, any automated investment or withdrawal programs will
be canceled. The new owner must submit the applicable program
enrollment if they wish to participate in such a program.
Where allowed by law, such changes will be subject to our
acceptance. Some of the changes we will not accept include,
but are not limited to:
• a new Owner subsequent to the death of the Owner or the
first of any joint Owners to die, except where a spouse-
Beneficiary has become the Owner as a result of an
Owner’s death;
• a new Annuitant subsequent to the Annuity Date;
• for “non-qualified” investments, a new Annuitant prior to
the Annuity Date if the Annuity is owned by an entity; and
• a change in Beneficiary if the Owner had previously made
the designation irrevocable.
Spousal Owners/Spousal Beneficiaries
If an Annuity is co-owned by spouses, we will assume that the
sole primary Beneficiary is the surviving spouse that was
named as the co-owner unless you elect an alternative Beneficiary
designation. Unless you elect an alternative Beneficiary
designation, upon the death of either spousal Owner, the surviving
spouse may elect to assume ownership of the Annuity
instead of taking the Death Benefit payment. The Death Benefit
that would have been payable will be the new Account Value
of the Annuity as of the date of due proof of death and any
required proof of a spousal relationship. As of the date the
assumption is effective, the surviving spouse will have all the
rights and benefits that would be available under the Annuity
to a new purchaser of the same attained age. For purposes of
determining any future Death Benefit for the beneficiary of the
surviving spouse, the new Account Value will be considered as
the initial Purchase Payment. No CDSC will apply to the new
Account Value. However, any additional Purchase Payments
applied after the date the assumption is effective will be subject
to all provisions of the Annuity, including the CDSC when
applicable.
Spousal Contingent Annuitant
If the Annuity is owned by an entity and the surviving spouse
is named as a Contingent Annuitant, upon the death of the
Annuitant, the surviving spouse that was named as the
Contingent Annuitant will become the Annuitant. No Death
Benefit is payable upon the death of the Annuitant. However,
the Account Value of the Annuity as of the date of due
proof of death of the Annuitant (and any required proof of the
spousal relationship) will reflect the amount that would have
been payable had a Death Benefit been paid.
MAY I RETURN THE ANNUITY IF I CHANGE
MY MIND?
If after purchasing your Annuity you change your mind and
decide that you do not want it, you may return it to us within
a certain period of time known as a right to cancel period. This
is often referred to as a “free-look.” Depending on the state in
which you purchased your Annuity, and, in some states, if you
purchased the Annuity as a replacement for a prior contract,
the right to cancel period may be ten (10) days, twenty-one
(21) days or longer, measured from the time that you received
your Annuity. If you return your Annuity, during the applicable
period, we will refund your current Account Value plus any tax
charge deducted, and depending on your state’s requirements,
any applicable insurance charges deducted. The amount
returned to you may be higher or lower than the Purchase Payment(s)
applied during the right to cancel period. Where
required by law, we will return your Purchase Payment(s), or
the greater of your current Account Value and the amount of
your Purchase Payment(s) applied during the right to cancel
period. If you return your Annuity, we will not return any
Credits we applied to your Annuity based on your Purchase
Payments.
MAY I MAKE ADDITIONAL PURCHASE PAYMENTS?
The minimum amount that we accept as an additional Purchase
Payment is $100 unless you participate in “Auto Saver” or a
periodic purchase payment program. Unless you participate in
an asset allocation program, or unless you have provided us
with other specific allocation instructions for one, more than
one, or all subsequent Purchase Payments, we will allocate
any additional Purchase Payments you make according to your
initial purchase payment allocation instructions. If you so
instruct us, we will allocate subsequent purchase payments
according to any new allocation instructions. Purchase
Payments made while you participate in an asset allocation
program will be allocated in accordance with such program.
Additional Purchase Payments may be paid at any time before
the Annuity Date.
Contract described herein is no longer available for sale.
36