As filed with the SEC on _____________.     Registration No._______________

                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549
                            ----------------------

                                   FORM S-6

               FOR REGISTRATION UNDER THE SECURITIES ACT OF 1933
              OF SECURITIES OF UNIT INVESTMENT TRUSTS REGISTERED
                                ON FORM N-8B-2
                            ----------------------

                                  PRUCO LIFE
                          VARIABLE UNIVERSAL ACCOUNT
                             (Exact Name of Trust)

                         PRUCO LIFE INSURANCE COMPANY
                              (Name of Depositor)

                         Pruco Life Insurance Company
                             213 Washington Street
                         Newark, New Jersey 07102-2992
                                (800) 286-7754
         (Address and telephone number of principal executive offices)
                            ----------------------

                               Thomas C. Castano
                              Assistant Secretary
                         Pruco Life Insurance Company
                             213 Washington Street
                         Newark, New Jersey 07102-2992
                    (Name and address of agent for service)

                                   Copy to:
                               Jeffrey C. Martin
                                Shea & Gardner
                        1800 Massachusetts Avenue, N.W.
                            Washington, D.C. 20036
                            ----------------------
Variable Universal Life Insurance Contracts  Pursuant to Rule 24f-2 under the
Investment Company Act of 1940, the Registrant elects to register an indefinite
amount of securities.

Approximate date of proposed public offering: As soon as practicable after the
effective date of this Registration Statement.

The Registrant hereby amends this Registration Statement on such date as may be
necessary to delay its effective date until the Registrant shall file a further
amendment which specifically states that this Registration Statement shall
thereafter become effective in accordance with Section 8(a) of the Securities
Act of 1933 or until the Registration Statement shall become effective on such
dates as the Commission, action pursuant to said Section 8(a), may determine.

This filing is being made pursuant to Rules 6c-3 and 6e-3(T) under the
Investment Company Act of 1940.

Registrant elects to be governed by Rules 6e-3(T)(b)(13)(i)(A) under the
Investment Company Act of 1940 with respect to the Contract described in this
Registration Statement.


                             CROSS REFERENCE SHEET
                         (as required by Form N-8B-2)

N-8B-2 Item Number                    Location
- ------------------                    --------

         1.                           Cover Page

         2.                           Cover Page

         3.                           Not Applicable

         4.                           Sale of the Contract and Sales Commissions

         5.                           Pruco Life Variable Universal Account

         6.                           Pruco Life Variable Universal Account

         7.                           Not Applicable

         8.                           Not Applicable

         9.                           Litigation and Regulatory Proceedings

        10.                           Introduction and Summary; Voting Rights;
                                      Charges and Expenses; Short-Term
                                      Cancellation Right or "Free Look"; Types
                                      of Death Benefit; Changing the Type of
                                      Death Benefit; Riders; Premiums;
                                      Allocation of Premiums; Transfers; Dollar
                                      Cost Averaging; Auto-Rebalancing; How a
                                      Contract's Cash Surrender Value Will Vary;
                                      How a Type A (Fixed) Contract's Death
                                      Benefit Will Vary; How a Type B (Variable)
                                      Contract's Death Benefit Will Vary; How a
                                      Type C (Return of Premium) Contract's
                                      Death Benefit Will Vary; Surrender of a
                                      Contract; Withdrawals; Lapse and
                                      Reinstatement; Decreases in Basic
                                      Insurance Amount; When Proceeds are Paid;
                                      Contract Loans; Other General Contract
                                      Provisions; Substitution of Series Fund
                                      Shares

        11.                           Introduction and Summary; Pruco Life
                                      Variable Universal Account

        12.                           Cover Page; Introduction and Summary; The
                                      Prudential Series Fund, Inc.; Sale of the
                                      Contract and Sales Commissions

        13.                           Introduction and Summary; The Prudential
                                      Series Fund, Inc.; Charges and Expenses;
                                      Premiums; Allocation of Premiums; Sale of
                                      the Contract and Sales Commissions

        14.                           Introduction and Summary; Detailed
                                      Information for Prospective Contract
                                      Owners

        15.                           Introduction and Summary; Premiums;
                                      Allocation of Premiums; Transfers; Dollar
                                      Cost Averaging; Auto-Rebalancing

        16.                           Introduction and Summary; Detailed
                                      Information for Prospective Contract
                                      Owners


N-8B-2 Item Number                    Location
- ------------------                    --------

        17.                           When Proceeds are Paid

        18.                           Pruco Life Variable Universal Account

        19.                           Reports to Contract Owners

        20.                           Not Applicable

        21.                           Contract Loans

        22.                           Not Applicable

        23.                           Not Applicable

        24.                           Other General Contract Provisions

        25.                           Pruco Life Insurance Company

        26.                           Introduction and Summary; The Prudential
                                      Series Fund, Inc.; Charges and Expenses

        27.                           Pruco Life Insurance Company; The
                                      Prudential Series Fund, Inc.

        28.                           Pruco Life Insurance Company; Directors
                                      and Officers

        29.                           Pruco Life Insurance Company

        30.                           Not Applicable

        31.                           Not Applicable

        32.                           Not Applicable

        33.                           Not Applicable

        34.                           Not Applicable

        35.                           Pruco Life Insurance Company

        36.                           Not Applicable

        37.                           Not Applicable

        38.                           Sale of the Contract and Sales Commissions

        39.                           Sale of the Contract and Sales Commissions

        40.                           Not Applicable

        41.                           Sale of the Contract and Sales Commissions

        42.                           Not Applicable

        43.                           Not Applicable


N-8B-2 Item Number                    Location
- ------------------                    --------

        44.                           Introduction and Summary; The Prudential
                                      Series Fund, Inc.; How a Contract's Cash
                                      Surrender Value Will Vary; How a Type A
                                      (Fixed) Contract's Death Benefit Will
                                      Vary; How a Type B (Variable) Contract's
                                      Death Benefit Will Vary; How a Type C
                                      (Return of Premium) Contract's Death
                                      Benefit Will Vary

        45.                           Not Applicable

        46.                           Introduction and Summary; Pruco Life
                                      Variable Universal Account; The Prudential
                                      Series Fund, Inc.

        47.                           Pruco Life Variable Universal Account; The
                                      Prudential Series Fund, Inc.

        48.                           Not Applicable

        49.                           Not Applicable

        50.                           Not Applicable

        51.                           Not Applicable

        52.                           Substitution of Series Fund Shares

        53.                           Tax Treatment of Contract Benefits

        54.                           Not Applicable

        55.                           Not Applicable

        56.                           Not Applicable

        57.                           Not Applicable

        58.                           Not Applicable

        59.                           Financial Statements: Financial Statements
                                      of the Pruco Life Variable Universal
                                      Account; Consolidated Financial Statements
                                      of Pruco Life Insurance Company and its
                                      subsidiaries


                            PruLife Custom Premier
                       Variable Universal Life Insurance


                                  PROSPECTUS

                                  Pruco Life
                          Variable Universal Account

                               February 12, 2001



                         Pruco Life Insurance Company


PROSPECTUS
February 12, 2001

PRUCO LIFE VARIABLE UNIVERSAL ACCOUNT

PruLife Custom Premier

This prospectus describes an individual flexible premium variable universal life
insurance contract (the "Contract") offered by Pruco Life Insurance Company
("Pruco Life," "us," "we," or "our"). Pruco Life is a wholly-owned subsidiary of
The Prudential Insurance Company of America. The Contract provides life
insurance coverage with flexible premium payments, a variety of investment
options, and three types of death benefit options. The Contract may be issued
with a Target Term Rider that could have a significant effect on the performance
of your Contract. For the factors to consider when adding a Target Term Rider to
your Contract, see Riders, page 17.

You may choose to invest your Contract's premiums and its earnings in one or
more of 16 available variable investment options of the Pruco Life Variable
Universal Account (the "Account"), each of which invests in one of the following
portfolios of The Prudential Series Fund, Inc. ("Series Fund"):


                                                    
 .  Diversified Bond Portfolio                          .  SP Alliance Technology Portfolio
 .  Equity Portfolio                                    .  SP Davis Value Portfolio
 .  High Yield Bond Portfolio                           .  SP Deutsche International Equity Portfolio
 .  Money Market Portfolio                              .  SP INVESCO Small Company Growth Portfolio
 .  Prudential Jennison Portfolio                       .  SP MFS Capital Opportunities Portfolio
 .  Stock Index Portfolio                               .  SP MFS Mid-Cap Growth Portfolio
 .  SP AIM Aggressive Growth Portfolio                  .  SP Prudential U.S. Emerging Growth Portfolio
 .  SP Alliance Large Cap Growth Portfolio              .  SP Small/Mid Cap Value Portfolio


For a detailed list of the 16 available Series Fund portfolios, their investment
objectives, and investment advisers, see The Prudential Series Fund, Inc., page
7.

You may also choose to invest your Contract's premiums and its earnings in the
fixed-rate option which pays a guaranteed interest rate. See The Fixed-Rate
Option, page 9.

This prospectus describes the Contract generally and the Pruco Life Variable
Universal Account (the "Account"). The attached prospectus for the Series Fund
and the Series Fund's statement of additional information describes the
investment objectives and the risks of investing in the Series Fund portfolios.
Pruco Life may add additional investment options in the future. Please read this
prospectus and keep it for future reference.

The Securities and Exchange Commission ("SEC") maintains a Web site
(http://www.sec.gov) that contains material incorporated by reference and other
information regarding registrants that file electronically with the SEC.

Neither the Securities and Exchange Commission nor any state securities
commission has approved or disapproved of these securities or determined if this
prospectus is accurate or complete. Any representation to the contrary is a
criminal offense.

The Contract may be purchased through registered representatives located in
banks and other financial institutions. An investment in the Contract is not a
bank deposit and is not insured or guaranteed by the Federal Deposit Insurance
Corporation ("FDIC") or any other governmental agency and may lose value. An
investment is also not a condition to the provision or term of any banking
service or activity. The participating bank is not a registered broker-dealer
and is not affiliated with Pruco Securities Corporation.

                         Pruco Life Insurance Company
                             213 Washington Street
                         Newark, New Jersey 07102-2992
                           Telephone: (800) 778-2255


                              PROSPECTUS CONTENTS


                                                                                                                   Page
                                                                                                                
DEFINITIONS OF SPECIAL TERMS USED IN THIS PROSPECTUS..........................................................         1

INTRODUCTION AND SUMMARY......................................................................................         2
   Brief Description of the Contract..........................................................................         2
   Charges....................................................................................................         2
   Types of Death Benefit.....................................................................................         5
   Life Insurance Definitional Tests..........................................................................         5
   Premium Payments...........................................................................................         5
   Refund.....................................................................................................         5

GENERAL INFORMATION ABOUT PRUCO LIFE INSURANCE COMPANY, THE PRUCO LIFE VARIABLE UNIVERSAL ACCOUNT,
AND THE VARIABLE INVESTMENT OPTIONS AVAILABLE UNDER THE CONTRACT..............................................         6
   Pruco Life Insurance Company...............................................................................         6
   The Pruco Life Variable Universal Account..................................................................         6
   The Prudential Series Fund, Inc............................................................................         7
   Voting Rights..............................................................................................         9
   The Fixed-Rate Option......................................................................................         9
   Which Investment Option Should Be Selected?................................................................        10

DETAILED INFORMATION FOR PROSPECTIVE CONTRACT OWNERS..........................................................        11
   Charges and Expenses.......................................................................................        11
   Allocated Charges..........................................................................................        14
   Requirements for Issuance of a Contract....................................................................        14
   Short-Term Cancellation Right or "Free-Look"...............................................................        15
   Types of Death Benefit.....................................................................................        15
   Changing the Type of Death Benefit.........................................................................        16
   Riders.....................................................................................................        17
   Contract Date..............................................................................................        18
   Premiums...................................................................................................        18
   Allocation of Premiums.....................................................................................        19
   Death Benefit Guarantee....................................................................................        20
   Transfers..................................................................................................        22
   Dollar Cost Averaging......................................................................................        22
   Auto-Rebalancing...........................................................................................        23
   How a Contract's Cash Surrender Value Will Vary............................................................        23
   How a Type A (Fixed) Contract's Death Benefit Will Vary....................................................        23
   How a Type B (Variable) Contract's Death Benefit Will Vary.................................................        24
   How a Type C (Return of Premium) Contract's Death Benefit Will Vary........................................        25
   Surrender of a Contract....................................................................................        26
   Withdrawals................................................................................................        26
   Lapse and Reinstatement....................................................................................        27
   Increases in Basic Insurance Amount........................................................................        27
   Decreases in Basic Insurance Amount........................................................................        28
   When Proceeds Are Paid.....................................................................................        29
   Living Needs Benefit.......................................................................................        29
   Illustrations of Cash Surrender Values, Death Benefits, and Accumulated Premiums...........................        30
   Contract Loans.............................................................................................        32
   Tax Treatment of Contract Benefits.........................................................................        33
   Legal Considerations Relating to Sex-Distinct Premiums and Benefits........................................        35
   Other General Contract Provisions..........................................................................        35
   Substitution of Series Fund Shares.........................................................................        35
   Reports to Contract Owners.................................................................................        36
   Sale of the Contract and Sales Commissions.................................................................        36




                                                                                                                   
   State Regulation...........................................................................................        36
   Experts....................................................................................................        37
   Litigation and Regulatory Proceedings......................................................................        37
   Additional Information.....................................................................................        37
   Financial Statements.......................................................................................        38

DIRECTORS AND OFFICERS........................................................................................        39

FINANCIAL STATEMENTS OF THE VARIABLE UNIVERSAL LIFE SUBACCOUNTS OF THE PRUCO LIFE VARIABLE UNIVERSAL ACCOUNT..       A1

CONSOLIDATED FINANCIAL STATEMENTS OF PRUCO LIFE INSURANCE COMPANY AND SUBSIDIARIES............................       B1



                  DEFINITIONS OF SPECIAL TERMS USED IN THIS
                                  PROSPECTUS

Accumulated Net Payments -- The actual premium payments you make, accumulated at
an effective annual rate of 4%, less any withdrawals you make, also accumulated
at an effective annual rate of 4%.

attained age -- The insured's age on the Contract date plus the number of years
since then. For any coverage segment effective after the Contract date, the
insured's attained age is the issue age of that segment plus the length of time
since its effective date.

basic insurance amount -- The amount of life insurance as shown in the Contract.
Also referred to as "face amount."

cash surrender value -- The amount payable to the Contract owner upon surrender
of the Contract. It is equal to the Contract Fund minus any Contract debt and
minus any applicable surrender charge. Also referred to in the Contract as "Net
Cash Value."

Contract -- The variable universal life insurance policy described in this
prospectus.

Contract anniversary -- The same date as the Contract date in each later year.

Contract date -- The date the Contract is effective, as specified in the
Contract.

Contract debt -- The principal amount of all outstanding loans plus any interest
accrued thereon.

Contract Fund -- The total amount credited to a specific Contract. On any date
it is equal to the sum of the amounts in all the variable investment options and
the fixed-rate option, and the principal amount of any Contract debt plus any
interest earned thereon.

Contract owner -- You. Unless a different owner is named in the application, the
owner of the Contract is the insured.

Contract year -- A year that starts on the Contract date or on a Contract
anniversary. For any coverage segment representing an increase, "Contract year"
is a year that starts on the effective date of the increase (referred to as
"Target year" in the Contract). See Increases in Basic Insurance Amount, page
27.

death benefit -- If the Contract is not in default, this is the amount we will
pay upon the death of the insured, assuming no Contract debt.

fixed-rate option -- An investment option under which interest is accrued daily
at a rate that Pruco Life declares periodically, but not less than an effective
annual rate of 4%.

The Prudential Series Fund, Inc. -- A mutual fund with separate portfolios. One
or more of the available Series Fund portfolios may be chosen as an underlying
investment for the Contract.

Death Benefit Guarantee -- Sufficient premium payments, on an accumulated basis,
will guarantee that your Contract will not lapse and a death benefit will be
paid upon the death of the insured, regardless of investment experience and
assuming no loans. See Death Benefit Guarantee, page 20.

Monthly date -- The Contract date and the same date in each subsequent month.

Pruco Life Insurance Company -- Us, we, our, Pruco Life. The company offering
the Contract.

separate account --"Amounts under the Contract that are allocated to the
variable investment options are held by us in a separate account called the
Pruco Life Variable Universal Account (the "Account"). The separate account is
set apart from all of the general assets of Pruco Life Insurance Company.

valuation period -- The period of time from one determination of the value of
the amount invested in a variable investment option to the next. Such
determinations are made when the net asset values of the portfolios of the
Series Fund are calculated, which is generally at 4:00 p.m. Eastern time on each
day during which the New York Stock Exchange is open.

variable investment options -- The 16 available subaccounts of the Pruco Life
Variable Universal Account. Each subaccount invests in a portfolio of the Series
Fund with the same name.

you -- The owner of the Contract.

                                       1



                           INTRODUCTION AND SUMMARY

This Summary provides a brief overview of the more significant aspects of the
Contract. We provide further detail in the subsequent sections of this
prospectus and in the Contract.

Brief Description of the Contract

The Contract is a form of variable universal life insurance. It is based on a
Contract Fund, the value of which changes every day. The chart on the following
page describes how the value of your Contract Fund changes.

A broad objective of the Contract is to provide benefits that will increase in
value if favorable investment results are achieved. You may invest premiums in
one or more of the 16 available variable investment options or in the fixed-rate
option. Your Contract Fund value changes every day depending upon the change in
the value of the particular investment options you have selected. These
Contracts may be issued with a Target Term Rider that could have a significant
effect on the performance of your Contract. For the factors to consider when
adding a Target Term Rider to your Contract, see Riders, page 17.

Although the value of your Contract Fund will increase if there is favorable
investment performance in the variable investment options you select, investment
returns in the variable investment options are NOT guaranteed. There is a risk
that investment performance will be unfavorable and that the value of your
Contract Fund will decrease. The risk will be different, depending upon which
investment options you choose. See Which Investment Option Should Be Selected?,
page 10. If you select the fixed-rate option, Pruco Life credits your account
with a declared rate of interest but you assume the risk that the rate may
change, although it will never be lower than an effective annual rate of 4%.
Variable life insurance contracts are unsuitable as short-term savings vehicles.

The replacement of life insurance is generally not in your best interest. In
most cases, if you require additional coverage, the benefits of your existing
contract can be protected by purchasing additional insurance or a supplemental
contract. If you are considering replacing a contract, you should compare the
benefits and costs of supplementing your existing contract with the benefits and
costs of purchasing the Contract described in this prospectus and you should
consult with a qualified tax adviser.

This prospectus may only be offered in jurisdictions in which the offering is
lawful. No person is authorized to make any representations in connection with
this offering other than those contained in this prospectus and in the
prospectuses and statements of additional information for the Series Fund.

For the DEFINITIONS OF SPECIAL TERMS USED IN THIS PROSPECTUS, see page 1.

Charges

The following chart outlines the components of your Contract Fund and the
adjustments which may be made including the maximum charges which may be
deducted from each premium payment and from the amounts held in the designated
investment options. These charges are largely designed to cover insurance costs
and risks as well as sales and administrative expenses.

The maximum charges shown in the following chart, as well as the lower current
charges, are fully described under Charges and Expenses, page 11.

                                       2



                              -------------------
                                Premium Payment
                              -------------------

                ------------------------------------------
                .   less a charge  of up to 7.5% of the
                    premiums paid for taxes attributable
                    to premiums.
                .   less a charge for sales  expenses of
                    up to 6% of the premiums paid.
                ------------------------------------------

          ------------------------------------------------------

                            Intested Premium Amount

          To be invested in one or a combination of:
              .    16 investment portfolios of the Series Fund
              .    The fixed-rate option
          ------------------------------------------------------

      ---------------------------------------------------------------
                                 Contract Fund

      On the Contract Date, the Contract Fund is equal to the
      invested premium amount minus any of the charges described
      below which may be due on that date. Thereafter, the value of
      the Contract Fund changes daily.
      ---------------------------------------------------------------

  -------------------------------------------------------------------------

                   Pruco Life adjusts the Contract Fund for:

  .    Addition of any new invested premium amounts.
  .    Addition of any increase due to investment results of the chosen
       variable investment options.
  .    Addition of guaranteed interest at an effective annual rate of 4%
       (plus any excess interest if applicable) on the portion of the
       Contract Fund allocated to the fixed-rate option.
  .    Addition of guaranteed interest at an effective annual rate of 4%
       on the amount of any Contract loan. (Separately, interest charged
       on the loan accrues at an effective annual rate of 4.10% or 5%.)
       See Contract Loans, page 32.
  .    Subtraction of any decrease due to investment results of the chosen
       variable investment options.
  .    Subtraction of any amount withdrawn.
  .    Subtraction of the charges listed below, as applicable.
  -------------------------------------------------------------------------

  -------------------------------------------------------------------------

                                 Daily Charges

  .    Management fees and expenses are deducted from the Series Fund
       assets. See Underlying Portfolio Expenses chart, below.
  .    We deduct a daily mortality and expense risk charge, equivalent
       to an annual rate of up to 0.45%, from the assets in the
       variable investment options.

  -------------------------------------------------------------------------

  -------------------------------------------------------------------------
                                Monthly Charges

  .    We reduce the Contract Fund by a monthly administrative charge of up
       to $20 for the first two Contract years, $10 thereafter; plus an
       amount per $1,000 of the basic insurance amount for the first five
       Contract years, zero thereafter. The amount per $1,000 varies by sex,
       issue age and rating class of the insured.
  .    For each coverage segment representing an increase in basic insurance
       amount, we will deduct up to $12 per segment from the Contract Fund
       for the first two years of the segment, zero thereafter; plus an
       amount per $1,000 of the coverage segment amount for the first five
       Contract years, zero thereafter. The amount per $1,000 varies by the
       insured's age at the time of the increase, sex, and rating class.
       See Increases in Basic Insurance Amount, page 27.
  .    We deduct a cost of insurance ("COI") charge.
  .    If the Contract includes riders, we deduct rider charges from the
       Contract Fund.
  .    If the rating class of an insured results in an extra charge, we
       will deduct that charge from the Contract Fund.

                                       3



  -------------------------------------------------------------------------
                          Possible Additional Charges

  .   We will charge a surrender charge if, during the first 10 Contract
      years (or during the first 10 years of a coverage segment representing
      an increase in basic insurance amount), the Contract lapses, is
      surrendered, or the basic insurance amount is decreased (including as
      a result of a withdrawal or a death benefit type change). The surrender
      charge period is shorter for Contracts issued to insureds over age 55.
  .   We will assess an administrative charge of up to $25 for any
      withdrawals.
  .   We will assess an administrative charge of up to $25 for each transfer
      exceeding 12 in any Contract year.
  .   We may assess an administrative charge of up to $25 for any change in
      basic insurance amount.
  .   We may assess an administrative charge of up to $25 for any change in
      the Target Term Rider coverage amount. See Riders, page 17.
  -------------------------------------------------------------------------



- ------------------------------------------------------------------------------------------------------
                         Underlying Portfolio Expenses
- ------------------------------------------------------------------------------------------------------
                                                  Investment                    Total       Total
                                                   Advisory      Other      Contractual     Actual
The Prudential Series Fund, Inc. Portfolios          Fee        Expenses      Expenses     Expenses*
- ------------------------------------------------------------------------------------------------------
                                                                               
Diversified Bond Portfolio                          0.40%        0.03%         0.43%        0.43%
- ------------------------------------------------------------------------------------------------------
Equity Portfolio                                    0.45%        0.02%         0.47%        0.47%
- ------------------------------------------------------------------------------------------------------
High Yield Bond Portfolio                           0.55%        0.05%         0.60%        0.60%
- ------------------------------------------------------------------------------------------------------
Money Market Portfolio                              0.40%        0.02%         0.42%        0.42%
- ------------------------------------------------------------------------------------------------------
Prudential Jennison Portfolio                       0.60%        0.03%         0.63%        0.63%
- ------------------------------------------------------------------------------------------------------
Stock Index Portfolio                               0.35%        0.04%         0.39%        0.39%
- ------------------------------------------------------------------------------------------------------
SP AIM Aggressive Growth Portfolio                  0.95%        0.50%         1.45%        1.07%
- ------------------------------------------------------------------------------------------------------
SP Alliance Large Cap Growth Portfolio              0.90%        0.30%         1.20%        1.10%
- ------------------------------------------------------------------------------------------------------
SP Alliance Technology Portfolio                    1.15%        0.47%         1.62%        1.30%
- ------------------------------------------------------------------------------------------------------
SP Davis Value Portfolio                            0.75%        0.31%         1.06%        0.83%
- ------------------------------------------------------------------------------------------------------
SP Deutsche International Equity Portfolio          0.90%        0.77%         1.67%        1.10%
- ------------------------------------------------------------------------------------------------------
SP INVESCO Small Company Growth Portfolio           0.95%        0.59%         1.54%        1.15%
- ------------------------------------------------------------------------------------------------------
SP MFS Capital Opportunities Portfolio              0.75%        0.39%         1.14%        1.00%
- ------------------------------------------------------------------------------------------------------
SP MFS Mid-Cap Growth Portfolio                     0.80%        0.52%         1.32%        1.00%
- ------------------------------------------------------------------------------------------------------
SP Prudential U.S. Emerging Growth Portfolio        0.60%        0.52%         1.12%        0.90%
- ------------------------------------------------------------------------------------------------------
SP Small/Mid Cap Value Portfolio                    0.90%        0.68%         1.58%        1.05%
- ------------------------------------------------------------------------------------------------------
* Reflects fee waivers and reimbursement of expenses, if any.
- ------------------------------------------------------------------------------------------------------


                                       4


Types of Death Benefit

There are three types of death benefit available. You may choose a Contract with
a Type A (fixed) death benefit under which the cash surrender value varies daily
with investment experience, and the death benefit generally remains at the basic
insurance amount you initially chose. However, the Contract Fund may grow to a
point where the death benefit may increase and vary with investment experience.
If you choose a Contract with a Type B (variable) death benefit, the cash
surrender value and the death benefit both vary with investment experience. For
Type A and Type B death benefits, as long as the Contract is in-force, the death
benefit will never be less than the basic insurance amount shown in your
Contract. If you choose a Contract with a Type C (return of premium) death
benefit, the death benefit is increased by the amount of premiums paid into the
Contract, less withdrawals. You may change your Contract's death benefit type
after issue, however, if you choose a Type A or Type B death benefit at issue,
you will not be able to change to a Type C death benefit thereafter. See Types
of Death Benefit, page 15 and Changing the Type of Death Benefit, page 16.

Life Insurance Definitional Tests

In order to qualify as life insurance for Federal tax purposes, the Contract
must adhere to the definition of life insurance under Section 7702 of the
Internal Revenue Code. At issue, the Contract owner chooses one of the following
definition of life insurance tests: (1) Cash Value Accumulation Test or (2)
Guideline Premium Test. Under the Cash Value Accumulation Test, there is a
minimum death benefit to cash value ratio. Under the Guideline Premium Test,
there is a limit to the amount of premiums that can be paid into the Contract,
as well as a minimum death benefit to cash value ratio. For more information,
see Tax Treatment of Contract Benefits, page 33.

Premium Payments

The Contract is a flexible premium contract - there are no scheduled premiums.
Except for the minimum initial premium, and subject to a minimum of $25 per
subsequent payment, you choose the timing and amount of premium payments. The
Contract will remain in-force if the Contract Fund less any applicable surrender
charges is greater than zero and more than any Contract debt. Paying
insufficient premiums, poor investment results, or the taking of loans or
withdrawals from the Contract will increase the possibility that the Contract
will lapse. However, if the accumulated premiums you pay are high enough and
there is no Contract debt, Pruco Life guarantees that your Contract will not
lapse even if investment experience is very unfavorable and the Contract Fund
drops below zero. The length of time that the guarantee against lapse is
available depends on your Contract's death benefit type and the definition of
life insurance test selected at issue. See Premiums, page 18, Death Benefit
Guarantee, page 20 and Lapse and Reinstatement, page 27.

We offer and suggest regular billing of premiums even though you decide when to
make premium payments and, subject to a $25 minimum, in what amounts. You should
discuss your billing options with your Pruco Life representative when you apply
for the Contract. See Premiums, page 18.

Refund

For a limited time, you may return your Contract for a refund in accordance with
the terms of its "Free-Look" provision. See Short-Term Cancellation Right or
"Free-Look," page 15.

                                       5


                GENERAL INFORMATION ABOUT PRUCO LIFE INSURANCE
             COMPANY, THE PRUCO LIFE VARIABLE UNIVERSAL ACCOUNT,
             AND THE VARIABLE INVESTMENT OPTIONS AVAILABLE UNDER
                                 THE CONTRACT

Pruco Life Insurance Company

Pruco Life Insurance Company ("Pruco Life") is a stock life insurance company,
organized in 1971 under the laws of the State of Arizona. It is licensed to sell
life insurance and annuities in the District of Columbia, Guam, and in all
states except New York. These Contracts are not offered in any state where the
necessary approvals have not been obtained. Pruco Life's consolidated financial
statements begin on page B1 and should be considered only as bearing upon Pruco
Life's ability to meet its obligations under the Contracts.

Pruco Life is a wholly-owned subsidiary of The Prudential Insurance Company of
America ("Prudential"), a mutual insurance company founded in 1875 under the
laws of the State of New Jersey. Prudential is currently considering
reorganizing itself into a publicly traded stock company through a process known
as "demutualization". On February 10, 1998, Prudential's Board of Directors
authorized management to take preliminary steps necessary to allow Prudential to
demutualize. On July 1, 1998, legislation was enacted in New Jersey that would
permit this conversion to occur and that specified the process for conversion.
Demutualization is a complex process involving development of a plan of
reorganization, adoption of a plan by Prudential's Board of Directors, a public
hearing, voting by qualified policyholders and regulatory approval. Prudential
is working toward completing this process in 2001 and currently expects adoption
by the Board of Directors to take place in the latter part of 2000. However,
there is no certainty that the demutualization will be completed in this
timeframe or that the necessary approvals will be obtained. Also it is possible
that after careful review, Prudential could decide not to demutualize or could
decide to delay its plans.

The plan of reorganization, which has not been fully developed and approved,
would provide the criteria for determining eligibility and the methodology for
allocating shares or other consideration to those who would be eligible.
Generally the amount of shares or other consideration eligible customers would
receive would be based on a number of factors, including types, amounts and
issue years of the policies. As a general rule, owners of Prudential-issued
insurance policies and annuity contracts would be eligible, provided that their
policies were in force on the date Prudential's Board of Directors adopted a
plan of reorganization, while mutual fund customers and customers of
Prudential's subsidiaries (such as the Pruco Life insurance companies) would not
be. It has not yet been determined whether any exceptions to that general rule
will be made with respect to policyholders and contractholders of Prudential's
subsidiaries. This does not constitute a proposal, offer, solicitation or
recommendation regarding any plan of reorganization that may be proposed or a
recommendation regarding the ownership of any stock that could be issued in
connection with any such demutualization.

The Pruco Life Variable Universal Account

We have established a separate account, the Pruco Life Variable Universal
Account (the "Account") to hold the assets that are associated with the
Contracts. The Account was established on April 17, 1989 under Arizona law and
is registered with the Securities and Exchange Commission ("SEC") under the
Investment Company Act of 1940 as a unit investment trust, which is a type of
investment company. The Account meets the definition of a "separate account"
under the federal securities laws. The Account holds assets that are segregated
from all of Pruco Life's other assets.

Pruco Life is the legal owner of the assets in the Account. Pruco Life will
maintain assets in the Account with a total market value at least equal to the
reserve and other liabilities relating to the variable benefits attributable to
the Account. These assets may not be charged with liabilities which arise from
any other business Pruco Life conducts. In addition to these assets, the
Account's assets may include funds contributed by Pruco Life to commence
operation of the Account and may include accumulations of the charges Pruco Life
makes against the Account. From time to time these additional assets will be
transferred to Pruco Life's general account. Pruco Life will consider any
possible adverse impact the transfer might have on the Account before making any
such transfer.

The obligations to Contract owners and beneficiaries arising under the Contracts
are general corporate obligations of Pruco Life.

                                       6


Currently, you may invest in one or a combination of 16 available variable
investment options. When you choose a variable investment option, we purchase
shares of the Series Fund portfolio which is held as an investment for that
option. We hold these shares in the separate account. Pruco Life may add
additional variable investment options in the future. The Account's financial
statements begin on page A1.

The Prudential Series Fund, Inc.

Listed below are the Series Fund portfolios in which the variable investment
options invest, their investment objectives, and investment advisers.

The Series Fund has a separate prospectus that is provided with this prospectus.
You should read the Series Fund prospectus before you decide to allocate assets
to a variable investment option using its corresponding Series Fund portfolio.
There is no assurance that the investment objectives of the portfolios will be
met.

 .    Diversified Bond Portfolio: The investment objective is a high level of
     income over a longer term while providing reasonable safety of capital. The
     Portfolio invests primarily in higher grade debt obligations and high
     quality money market investments.

 .    Equity Portfolio: The investment objective is capital appreciation. The
     Portfolio invests primarily in common stocks of major established
     corporations as well as smaller companies that offer attractive prospects
     of appreciation.

 .    High Yield Bond Portfolio: The investment objective is a high total return.
     The Portfolio invests primarily in high yield/high risk debt securities.

 .    Money Market Portfolio: The investment objective is maximum current income
     consistent with the stability of capital and the maintenance of liquidity.
     The Portfolio invests in high quality short-term debt obligations that
     mature in 13 months or less.

 .    Prudential Jennison Portfolio: The investment objective is to achieve long-
     term growth of capital. The Portfolio invests primarily in equity
     securities of major established corporations that offer above-average
     growth prospects.

 .    Stock Index Portfolio: The investment objective is investment results that
     generally correspond to the performance of publicly-traded common stocks.
     The Portfolio attempts to duplicate the price and yield performance of the
     Standard & Poor's 500 Stock Index ("S&P 500").

 .    SP AIM Aggressive Growth Portfolio: The investment objective is to achieve
     long-term growth of capital. The Portfolio invests primarily in securities
     of companies whose earnings the portfolio managers expect to grow more than
     15% per year.

 .    SP Alliance Large Cap Growth Portfolio: The investment objective is growth
     of capital by pursuing aggressive investment policies. The Portfolio
     invests primarily in equity securities of a limited number of large,
     carefully selected, high-quality U.S. Companies that are judged likely to
     achieve superior earnings growth.

 .    SP Alliance Technology Portfolio: The investment objective is growth of
     capital and invests for capital appreciation. The Portfolio invests
     primarily in securities of companies expected to benefit from technological
     advances and improvements (i.e. companies that use technology extensively
     in the development of new or improved products or processes).

 .    SP Davis Value Portfolio: The investment objective is growth of capital.
     The Portfolio invests primarily in common stock of U.S. companies with
     market capitalizations of at least $5 billion.

 .    SP Deutsche International Equity Portfolio: The investment objective is
     long-term capital appreciation. The Portfolio invests primarily in the
     stocks and other securities with equity characteristics of companies in
     developed countries outside the United States.

                                       7


 .    SP INVESCO Small Company Growth Portfolio: The investment objective is
     long-term capital growth. The Portfolio invests primarily in the stocks of
     small companies with market capitalizations under $2 billion at the time of
     purchase.

 .    SP MFS Capital Opportunities Portfolio: The investment objective is capital
     appreciation. The Portfolio invests primarily in stocks, convertible
     securities and depository receipts of companies in both the United States
     and in foreign countries, which the portfolio managers believe have
     favorable growth prospects and attractive valuations based on current and
     expected earnings or cash flow.

 .    SP MFS Mid-Cap Growth Portfolio: The investment objective is long-term
     growth of capital. The Portfolio invests primarily in stocks, convertible
     securities and depository receipts of companies with medium market
     capitalizations, which the Portfolio's portfolio managers believe have
     above-average growth potential.

 .    SP Prudential U.S. Emerging Growth Portfolio: The investment objective is
     long-term capital appreciation. The Portfolio seeks investments whose price
     will increase over several years. The Portfolio invests primarily in stocks
     of small and medium-sized U.S. companies with potential for above-average
     growth.

 .    SP Small/Mid Cap Value Portfolio: The investment objective is long-term
     growth of capital. The Portfolio invests primarily in common stocks of
     companies with small to medium market capitalizations.

Prudential is the overall investment adviser to the Diversified Bond Portfolio,
Equity Portfolio, High Yield Bond Portfolio, Money Market Portfolio, Prudential
Jennison Portfolio, and the Stock Index Portfolio. Prudential's principal
business address is 751 Broad Street, Newark, NJ 07102-3777.

Jennison Associates LLC ("Jennison"), a wholly-owned subsidiary of Prudential,
serves as subadviser to the Equity Portfolio, Prudential Jennison Portfolio, and
the SP Prudential U.S. Emerging Growth Portfolio. Jennison's principal business
address is 466 Lexington Avenue, New York, NY 10017.

Prudential Investment Corporation ("PIC"), also a wholly-owned subsidiary of
Prudential, serves as subadviser to the Stock Index Portfolio and the Money
Market Portfolio. PIC's business address is 751 Broad Street, Newark, NJ 07102.

Prudential Investments Fund Management LLC ("PIFM"), subsidiary of Prudential,
is the investment adviser to the SP AIM Aggressive Growth Portfolio, SP Alliance
Large Cap Growth Portfolio, SP Alliance Technology Portfolio, SP Davis Value
Portfolio, SP Deutsche International Equity Portfolio, SP INVESCO Small Company
Growth Portfolio, SP MFS Capital Opportunities Portfolio, SP MFS Mid-Cap Growth
Portfolio, SP Prudential U.S. Emerging Growth Portfolio, and the SP Small/Mid
Cap Value Portfolio. PIFM's business address is 100 Mulberry Street, Newark, NJ
07102.

A I M Capital Management, Inc. ("A I M Capital") serves as the sub-adviser to
the SP AIM Aggressive Growth Portfolio. A I M Capital's principal business
address is 11 Greenway Plaza, Suite 100, Houston, TX 77046-1173.

Alliance Capital Management, L.P. ("Alliance") serves as the sub-adviser to the
SP Alliance Large Cap Growth Portfolio and the SP Alliance Technology Portfolio.
Alliance's principal business address is 1345 Avenue of the Americas, New York,
NY 10105.

Bankers Trust Company ("Bankers Trust"), an indirect wholly-owned subsidiary of
Deutsche Bank AG, serves as the sub-adviser to the SP Deutsche International
Equity Portfolio. Bankers Trust's principal business address is 130 Liberty
Street, New York, NY 10006.

Davis Selected Advisers, LP serves as the sub-adviser to the SP Davis Value
Portfolio. The principal business address for Davis Selected Advisers, LP is 124
East Elvira Street, Santa Fe, NM 87501.

Fidelity Management & Research Company ("FMR") serves as the sub-adviser to the
SP Small/Mid Cap Value Portfolio. FMR's principal business address is 82
Devonshire Street, Boston, MA 02109.

INVESCO Funds Group, Inc. ("INVESCO") serves as the sub-adviser to the SP
INVESCO Small Company Growth Portfolio. Invesco's principal business address is
7800 East Union Avenue, Denver, CO 80237.

                                       8


Massachusetts Financial Services Company ("MFS") serves as the sub-adviser for
the SP MFS Capital Opportunities Portfolio and the SP MFS Mid-Cap Growth
Portfolio. The principal business address for MFS is 500 Boylston Street,
Boston, MA 02116.

The Series Fund's investment advisers charge a daily investment management fee
as compensation for their services. These fees are described in the table under
Deductions from Portfolios in the Charges and Expenses section, see page 11, and
are more fully described in the Series Fund prospectus.

In the future it may become disadvantageous for both variable life insurance and
variable annuity contract separate accounts to invest in the same underlying
mutual funds. Although neither of the companies that invest in the Series Fund
nor the Series Fund currently foresees any such disadvantage, the Series Fund's
Board of Directors intends to monitor events in order to identify any material
conflict between variable life insurance and variable annuity contract owners
and to determine what action, if any, should be taken. Material conflicts could
result from such things as:

(1)   changes in state insurance law;
(2)   changes in federal income tax law;
(3)   changes in the investment management of any portfolio of the Series Fund;
      or
(4)   differences between voting instructions given by variable life insurance
      and variable annuity contract owners.

Voting Rights

We are the legal owner of the shares in the Series Fund associated with the
variable investment options. However, we vote the shares in the Series Fund
according to voting instructions we receive from Contract owners. We will mail
you a proxy, which is a form you need to complete and return to us to tell us
how you wish us to vote. When we receive those instructions, we will vote all of
the shares we own on your behalf in accordance with those instructions. We will
vote the shares for which we do not receive instructions and shares that we own,
in the same proportion as the shares for which instructions are received. We may
change the way your voting instructions are calculated if it is required by
federal regulation. Should the applicable federal securities laws or
regulations, or their current interpretation, change so as to permit Pruco Life
to vote shares of the Series Fund in its own right, it may elect to do so.

The Fixed-Rate Option

Because of exemptive and exclusionary provisions, interests in the fixed-rate
option under the Contract have not been registered under the Securities Act of
1933 and the general account has not been registered as an investment company
under the Investment Company Act of 1940. Accordingly, interests in the
fixed-rate option are not subject to the provisions of these Acts, and Pruco
Life has been advised that the staff of the SEC has not reviewed the disclosure
in this prospectus relating to the fixed-rate option. Any inaccurate or
misleading disclosure regarding the fixed-rate option may, however, be subject
to certain generally applicable provisions of federal securities laws.

You may choose to invest, either initially or by transfer, all or part of your
Contract Fund to a fixed-rate option. This amount becomes part of Pruco Life's
general account. The general account consists of all assets owned by Pruco Life
other than those in the Account and in other separate accounts that have been or
may be established by Pruco Life. Subject to applicable law, Pruco Life has sole
discretion over the investment of the general account assets, and Contract
owners do not share in the investment experience of those assets. Instead, Pruco
Life guarantees that the part of the Contract Fund allocated to the fixed-rate
option will accrue interest daily at an effective annual rate that Pruco Life
declares periodically, but not less than an effective annual rate of 4%. Pruco
Life is not obligated to credit interest at a rate higher than an effective
annual rate of 4%, although we may do so.

Transfers from the fixed-rate option are subject to strict limits, see
Transfers, page 22. The payment of any cash surrender value attributable to the
fixed-rate option may be delayed up to six months. See When Proceeds are Paid,
page 29.

                                       9


Which Investment Option Should Be Selected?

Historically, for investments held over relatively long periods, the investment
performance of common stocks has generally been superior to that of short or
long-term debt securities, even though common stocks have been subject to much
more dramatic changes in value over short periods of time. For example,
portfolios such as the Stock Index, Equity, Prudential Jennison, SP AIM
Aggressive Growth, and SP Prudential U.S. Emerging Growth may be desirable
options if you are willing to accept such volatility in your Contract values.
Each equity portfolio involves different policies and investment risks. See The
Prudential Series Fund, Inc., page 7, for additional equity portfolios available
under the Contract and their specific investment objectives.

You may prefer the somewhat greater protection against loss of principal (and
reduced chance of high total return) provided by the Diversified Bond Portfolio.
You may want even greater safety of principal and may prefer the Money Market
Portfolio or the fixed-rate option, recognizing that the level of short-term
rates may change rather rapidly. If you are willing to take risks and possibly
achieve a higher total return, you may prefer the High Yield Bond Portfolio,
recognizing that the risks are greater for lower quality bonds with normally
higher yields.

You may wish to divide your invested premium among two or more of the available
options. Your choice should take into account your willingness to accept
investment risks, how your other assets are invested, and what investment
results you may experience in the future. You should consult your Pruco Life
representative from time to time about the choices available to you under the
Contract. Pruco Life recommends against frequent transfers among the several
options. Experience generally indicates that "market timing" investing,
particularly by non-professional investors, is likely to prove unsuccessful.

                                       10


                           DETAILED INFORMATION FOR
                          PROSPECTIVE CONTRACT OWNERS

Charges and Expenses

The total amount invested at any time in the Contract Fund consists of the sum
of the amount credited to the variable investment options, the amount allocated
to the fixed-rate option, and the principal amount of any Contract loan plus the
amount of interest credited to the Contract upon that loan. See Contract Loans,
page 32. Most charges, although not all, are made by reducing the Contract Fund.

This section provides a more detailed description of each charge that is
described briefly in the chart on page 3.

In several instances we will use the terms "maximum charge" and "current
charge." The "maximum charge," in each instance, is the highest charge that
Pruco Life is entitled to make under the Contract. The "current charge" is the
lower amount that Pruco Life is now charging. If circumstances change, we
reserve the right to increase each current charge, up to the maximum charge,
without giving any advance notice.

Deductions from Premium Payments

(a)   We reserve the right to charge up to 7.5% for taxes attributable to
      premiums. For these purposes, "taxes attributable to premiums" shall
      include any federal, state or local income, premium, excise, business or
      any other type of tax (or component thereof) measured by or based upon the
      amount of premium received by Pruco Life. This charge is made up of two
      parts which currently equal a total of 3.75% of the premiums received.

      The first part is a charge for state and local premium taxes. The current
      amount for this first part is 2.5% of the premium and is Pruco Life's
      estimate of the average burden of state taxes generally. Tax rates vary
      from jurisdiction to jurisdiction and generally range from 0.75% to 5%.
      The rate applies uniformly to all policyholders without regard to state of
      residence. Pruco Life may collect more for this charge than it actually
      pays for state and local premium taxes.

      The second part is for federal income taxes measured by premiums, and it
      is currently equal to 1.25% of premiums. We believe that this charge is a
      reasonable estimate of an increase in its federal income taxes resulting
      from a 1990 change in the Internal Revenue Code. It is intended to recover
      this increased tax.

(b)   We reserve the right to charge up to 6% of premiums paid for sales
      expenses in all Contract years. This charge, often called a "sales load",
      is deducted to compensate us for the costs of selling the Contracts,
      including commissions, advertising and the printing and distribution of
      prospectuses and sales literature.

      Currently, the charge is equal to 4% of premiums paid up to the amount of
      the Sales Load Target Premium and 2% of premiums paid in excess of this
      amount for the first 10 Contract years (or the first 10 years of a
      coverage segment representing an increase in basic insurance amount); 0%
      thereafter. The Sales Load Target Premium may vary from the Target
      Premium, depending on the issue age and rating class of the insured, any
      extra risk charges, or additional riders. For Contracts issued on an
      unrated insured below age 56, the Sales Load Target Premium is generally
      equal to what the Target Premium for a Type A Contract would be if the
      insured was either in the Nonsmoker or Smoker rating class, and there were
      no extra risk charges or riders on the Contract. For Contracts issued on
      an unrated insured below age 56 in a more favorable rating class, the
      Sales Load Target Premium will be greater than the Target Premium, if
      there are no extra risk charges or riders on the Contract. For Contracts
      issued on insureds age 56 or greater or with substandard ratings, the
      Sales Load Target Premium will generally be less than the Target Premium.
      See Premiums, page 18.

      Paying more than the Sales Load Target Premium in any of the first 10
      Contract years could reduce your total sales load. For example, assume
      that a Contract with no riders or extra insurance charges has a Sales Load
      Target Premium of $884 and the Contract owner would like to pay 10
      premiums. If the Contract owner paid $1,768 (two times the amount of the
      Sales Load Target Premium) in every other Contract year up to the ninth
      year (i.e. in years 1, 3, 5, 7, 9), the total sales load charge would be
      $265.20. If the Contract owner paid $884 in each of the first 10 Contract
      years, the total sales load would be $353.60. For additional information,
      see Increases in Basic Insurance Amount, page 27.

                                       11


      Attempting to structure the timing and amount of premium payments to
      reduce the potential sales load may increase the risk that your Contract
      will lapse without value. Delaying the payment of premium amounts to later
      years will adversely affect the Death Benefit Guarantee if the accumulated
      premium payments do not reach the Death Benefit Guarantee Values shown on
      your Contract data pages. See Death Benefit Guarantee, page 20. In
      addition, there are circumstances where payment of premiums that are too
      large may cause the Contract to be characterized as a Modified Endowment
      Contract, which could be significantly disadvantageous. See Tax Treatment
      of Contract Benefits, page 33.

Deductions from Portfolios

We deduct an investment advisory fee daily from each portfolio of the Series
Fund at a rate, on an annualized basis, ranging from 0.35% for the Stock Index
Portfolio to 1.15% for the SP Alliance Technology Portfolio. The expenses
incurred in conducting the investment operations of the portfolios (such as
custodian fees and preparation and distribution of annual reports) are paid out
of the portfolio's income. These expenses vary from portfolio to portfolio.

The total expenses of each portfolio for the year ended December 31, 1999,
expressed as a percentage of the average assets during the year, are shown
below:



      ----------------------------------------------------------------------------------------------------------------
                                                                Investment                    Total      Total Actual
                                                                 Advisory       Other      Contractual     Expenses*
        The Prudential Series Fund, Inc. Portfolios                 Fee       Expenses      Expenses
      ----------------------------------------------------------------------------------------------------------------
                                                                                             
      Diversified Bond Portfolio                                   0.40%        0.03%         0.43%          0.43%
      ----------------------------------------------------------------------------------------------------------------
      Equity Portfolio                                             0.45%        0.02%         0.47%          0.47%
      ----------------------------------------------------------------------------------------------------------------
      High Yield Bond Portfolio                                    0.55%        0.05%         0.60%          0.60%
      ----------------------------------------------------------------------------------------------------------------
      Money Market Portfolio                                       0.40%        0.02%         0.42%          0.42%
      ----------------------------------------------------------------------------------------------------------------
      Prudential Jennison Portfolio                                0.60%        0.03%         0.63%          0.63%
      ----------------------------------------------------------------------------------------------------------------
      Stock Index Portfolio                                        0.35%        0.04%         0.39%          0.39%
      ----------------------------------------------------------------------------------------------------------------
      SP AIM Aggressive Growth Portfolio                           0.95%        0.50%         1.45%          1.07%
      ----------------------------------------------------------------------------------------------------------------
      SP Alliance Large Cap Growth Portfolio                       0.90%        0.30%         1.20%          1.10%
      ----------------------------------------------------------------------------------------------------------------
      SP Alliance Technology Portfolio                             1.15%        0.47%         1.62%          1.30%
      ----------------------------------------------------------------------------------------------------------------
      SP Davis Value Portfolio                                     0.75%        0.31%         1.06%          0.83%
      ----------------------------------------------------------------------------------------------------------------
      SP Deutsche International Equity Portfolio                   0.90%        0.77%         1.67%          1.10%
      ----------------------------------------------------------------------------------------------------------------
      SP INVESCO Small Company Growth Portfolio                    0.95%        0.59%         1.54%          1.15%
      ----------------------------------------------------------------------------------------------------------------
      SP MFS Capital Opportunities Portfolio                       0.75%        0.39%         1.14%          1.00%
      ----------------------------------------------------------------------------------------------------------------
      SP MFS Mid-Cap Growth Portfolio                              0.80%        0.52%         1.32%          1.00%
      ----------------------------------------------------------------------------------------------------------------
      SP Prudential U.S. Emerging Growth Portfolio                 0.60%        0.52%         1.12%          0.90%
      ----------------------------------------------------------------------------------------------------------------
      SP Small/Mid Cap Value Portfolio                             0.90%        0.68%         1.58%          1.05%
      ----------------------------------------------------------------------------------------------------------------
      * Reflects fee waivers and reimbursement of expenses, if any.
      ----------------------------------------------------------------------------------------------------------------


                                       12


Daily Deduction from the Contract Fund

Each day we deduct a charge from the assets of each of the variable investment
options in an amount equivalent to an effective annual rate of up to 0.45%.
Currently, we charge 0.25%. This charge is intended to compensate Pruco Life for
assuming mortality and expense risks under the Contract. The mortality risk
assumed is that insureds may live for shorter periods of time than Pruco Life
estimated when it determined what mortality charge to make. The expense risk
assumed is that expenses incurred in issuing and administering the Contract will
be greater than Pruco Life estimated in fixing its administrative charges. This
charge is not assessed against amounts allocated to the fixed-rate option.

Monthly Deductions from the Contract Fund

Pruco Life deducts the following monthly charges proportionately from the dollar
amounts held in each of the chosen investment option[s] or you may select up to
two variable investment options from which we deduct your Contract's monthly
charges. See Allocated Charges, page 14.

(a)  An administrative charge based on the basic insurance amount is deducted.
     The charge is intended to compensate us for things like processing claims,
     keeping records and communicating with Contract owners. This charge
     consists of two parts. Currently, the first part of the charge is equal to
     $20 per Contract for the first two Contract years and $8 per Contract
     thereafter. Pruco Life reserves the right, however, to charge up to $20 per
     Contract for the first two Contract years and $10 per Contract thereafter.
     The second part of this charge is equal to an amount per $1,000 of the
     basic insurance amount for the first five Contract years and zero
     thereafter. The amount per $1,000 varies by sex, issue age and rating class
     of the insured.

     If the Contract includes a coverage segment representing an increase in
     basic insurance amount, we will deduct $12 per segment for the first two
     years of the coverage segment and zero thereafter; plus an amount per
     $1,000 of the coverage segment amount for the first five Contract years,
     zero thereafter. The amount per $1,000 varies by the insured's age at the
     time of the increase, sex, and rating class. See Increases in Basic
     Insurance Amount, page 27.

(b)  A cost of insurance ("COI") charge is deducted. When an insured dies, the
     amount payable to the beneficiary (assuming there is no Contract debt) is
     larger than the Contract Fund - significantly larger if the insured dies in
     the early years of a Contract. The cost of insurance charges collected from
     all Contract owners enables Pruco Life to pay this larger death benefit.
     The maximum COI charge is determined by multiplying the "net amount at
     risk" under a Contract (the amount by which the Contract's death benefit
     exceeds the Contract Fund) by maximum COI rates. The maximum COI rates are
     based upon the 1980 Commissioners Standard Ordinary ("CSO") Tables and an
     insured's current attained age, sex (except where unisex rates apply),
     smoker/non-smoker status, and extra rating class, if any. At most ages,
     Pruco Life's current COI rates are lower than the maximum rates. For
     additional information, see Increases in Basic Insurance Amount, page 27.

(c)  You may add one or more of several riders to the Contract. Some riders are
     charged for separately. If you add such a rider to the basic Contract,
     additional charges will be deducted. See Riders, page 17.

(d)  If an insured is in a substandard risk classification (for example, a
     person in a hazardous occupation), additional charges will be deducted.

(e)  A charge may be deducted to cover federal, state or local taxes (other than
     "taxes attributable to premiums" described above) that are imposed upon the
     operations of the Account. At present no such taxes are imposed and no
     charge is made.

     The earnings of the Account are taxed as part of the operations of Pruco
     Life. Currently, no charge is being made to the Account for Pruco Life's
     federal income taxes, other than the 1.25% charge for federal income taxes
     measured by premiums. See Deductions from Premiums, page 11. Pruco Life
     periodically reviews the question of a charge to the Account for Company
     federal income taxes. We may make such a charge in the future for any
     federal income taxes that would be attributable to the Contracts.

                                       13


Surrender Charges

We will deduct a surrender charge if, during the first 10 Contract years (or
during the first 10 years of a coverage segment representing an increase in
basic insurance amount), the Contract lapses, is surrendered, or the basic
insurance amount is decreased (including as a result of a withdrawal or a death
benefit type change). The surrender charge period is shorter for Contracts
issued to insureds over age 55. It is not deducted from the death benefit if the
insured should die during this period. This charge is deducted to cover sales
and administrative costs such as: the cost of processing applications,
conducting examinations, determining insurability and the insured's rating
class, and establishing records.

We will show a surrender charge threshold for each coverage segment in the
Contract data pages. This threshold amount is the segment's lowest coverage
amount since its effective date. If during the first 10 Contract years (or
during the first 10 years of a coverage segment representing an increase in
basic insurance amount), the basic insurance amount is decreased (including as a
result of a withdrawal or a change in type of death benefit), and the new basic
insurance amount for any coverage segment is below the threshold for that
segment, we will deduct a percentage of the surrender charge for that segment.
The percentage will be the amount by which the new coverage segment is less than
the threshold, divided by the threshold. After this transaction, the threshold
will be updated and a corresponding new surrender charge schedule will also be
determined to reflect that portion of surrender charges deducted in the past.
See Increases in Basic Insurance Amount, page 27 and Decreases in Basic
Insurance Amount, page 28.

Transaction Charges

(a)  We currently charge an administrative processing fee equal to the lesser of
     $25 or 2% of the withdrawal amount in connection with each withdrawal.

(b)  We currently charge an administrative processing fee of $25 for each
     transfer exceeding 12 in any Contract year.

(c)  We may charge an administrative processing fee of up to $25 for any change
     in basic insurance amount.

(d)  We may charge an administrative processing fee of up to $25 for any change
     in the Target Term Rider coverage amount for Contracts with this rider.

Allocated Charges

You may choose from which variable investment option(s) we deduct your
Contract's monthly charges. Monthly charges include: (1) monthly administrative
charges, (2) COI charges, (3) any rider charges, and (4) any charge for
substandard risk classification. You may select up to two variable investment
options for the allocation of monthly charges. Allocations must be designated in
whole percentages. For example, 33% can be selected but 33"% cannot. Of course,
the total allocation to the selected variable investment options must equal
100%. The fixed-rate option is not available as an allocation option. See
Monthly Deductions from the Contract Fund, page 13.

If there are insufficient funds in one or both of the selected variable
investment options to cover the monthly charges, the selected variable
investment option(s) will be reduced to zero. Any remaining charge will be
deducted from all other variable investment options and the fixed-rate option
proportionately to the dollar amount in each. Furthermore, if you do not specify
an allocation of monthly charges, we will deduct monthly charges proportionately
from your variable investment options and the fixed-rate option.

Requirements for Issuance of a Contract

The Contract may generally be issued on insureds through age 90. Currently, the
minimum face amount for Contracts without a Target Term Rider is $75,000
($50,000 for insureds below the age of 18, $100,000 for insureds ages 76-80, and
$250,000 for insureds ages 81 and above). The minimum face amount for Contracts
issued with a Type C (return of premium) death benefit is $250,000. See Types of
Death Benefit, page 15.

                                       14


For Contracts with a Target Term Rider, the minimum total face amount (basic
insurance amount plus any Target Term Rider coverage amount combined) is
$250,000. Furthermore, if the Target Term Rider is added to the Contract, the
minimum face amount of the base Contract is $100,000, while the minimum rider
coverage amount is $5,000. See Riders, page 17. Pruco Life may reduce the
minimum face amounts of the Contracts it will issue.

Pruco Life requires evidence of insurability, which may include a medical
examination, before issuing any Contract. Non-smokers are offered the most
favorable cost of insurance rates. We charge a higher cost of insurance rate
and/or an additional amount if an extra mortality risk is involved. These are
the current underwriting requirements. We reserve the right to change them on a
non-discriminatory basis.

Short-Term Cancellation Right or "Free-Look"

Generally, you may return the Contract for a refund within 10 days after you
receive it. Some states allow a longer period of time during which a Contract
may be returned for a refund. You can request a refund by mailing or delivering
the Contract to the representative who sold it or to the Home Office specified
in the Contract. A Contract returned according to this provision shall be deemed
void from the beginning. You will then receive a refund of all premium payments
made, with no adjustment for investment experience. However, if applicable law
so requires and you exercise your short-term cancellation right, you will
receive a refund of all premium payments made, plus or minus any change due to
investment experience. For information on how premium payments are allocated
during the "free-look" period, see Allocation of Premiums, page 19.

Types of Death Benefit

You may select either of three types of death benefit at issue. Generally, a
Contract with a Type A (fixed) death benefit has a death benefit equal to the
basic insurance amount. This type of death benefit does not vary with the
investment performance of the investment options you selected, except in certain
circumstances. See How a Type A (Fixed) Contract's Death Benefit Will Vary, page
23. The payment of additional premiums and favorable investment results of the
variable investment options to which the assets are allocated will generally
increase the cash surrender value. See How a Contract's Cash Surrender Value
Will Vary, page 23.

A Contract with a Type B (variable) death benefit has a death benefit which will
generally equal the basic insurance amount plus the Contract Fund. Since the
Contract Fund is a part of the death benefit, favorable investment performance
and payment of additional premiums generally result in an increase in the death
benefit as well as in the cash surrender value. Over time, however, the increase
in the cash surrender value will be less than under a Type A (fixed) Contract.
This is because, given two Contracts with the same basic insurance amount and
equal Contract Funds, generally the cost of insurance charge for a Type B
(variable) Contract will be greater. See How a Contract's Cash Surrender Value
Will Vary, page 23 and How a Type B (Variable) Contract's Death Benefit Will
Vary, page 24. Unfavorable investment performance will result in decreases in
the death benefit and in the cash surrender value. But, as long as the Contract
is not in default, the death benefit may not fall below the basic insurance
amount stated in the Contract.

A Contract with a Type C (return of premium) death benefit has a death benefit
which will generally equal the basic insurance amount plus the total premiums
paid into the Contract, less withdrawals. This death benefit allows the Contract
owner, in effect, to recover the cost of the Contract upon the death of the
insured. Under certain circumstances, it is possible for a Type C Contract's
death benefit to fall below the basic insurance amount. Favorable investment
performance and payment of additional premiums will generally increase the
Contract's cash value. Over time, however, the increase in cash value will be
less than under a Type A (fixed) Contract. See How a Contract's Surrender Value
Will Vary, page 23 and How a Type C (Return of Premium) Contract's Death Benefit
Will Vary, page 25.

In choosing a death benefit type, you should also consider whether you intend to
use the withdrawal feature. Contract owners of Type A (fixed) Contracts should
note that any withdrawal may result in a reduction of the basic insurance amount
and the deduction of any applicable surrender charges. We will not allow you to
make a withdrawal that will decrease the basic insurance amount below the
minimum basic insurance amount. For Type B (variable) and Type C (return of
premium) Contracts, withdrawals will not change the basic insurance amount. See
Withdrawals, page 26.

                                       15


Changing the Type of Death Benefit

You may change the type of death benefit any time after issue and subject to
Pruco Life's approval. We will increase or decrease the basic insurance amount
so that the death benefit immediately after the change matches the death benefit
immediately before the change. The basic insurance amount after a change may not
be lower than the minimum basic insurance amount applicable to the Contract. See
Requirements for Issuance of a Contract, page 14. We reserve the right to make
an administrative processing charge of up to $25 for any change in the basic
insurance amount, although we do not currently do so. A type change that reduces
the basic insurance amount may result in the assessment of surrender charges.
See Charges and Expenses, page 11. Furthermore, if you choose a Type A or Type B
death benefit at issue, you will NOT be able to change to a Type C death benefit
after issue.

If you are changing your Contract's type of death benefit from a Type A (fixed)
to a Type B (variable) death benefit, we will reduce the basic insurance amount
by the amount in your Contract Fund on the date the change takes place.

If you are changing from a Type A (fixed) to a Type C (return of premium) death
benefit, we will change the basic insurance amount by subtracting the total
premiums paid on this Contract minus total withdrawals on the date the change
takes effect. This change is only available to Contracts which were issued with
a Type C death benefit and subsequently changed to a Type A death benefit.

If you are changing from a Type B (variable) to a Type A (fixed) death benefit,
we will increase the basic insurance amount by the amount in your Contract Fund
on the date the change takes place.

If you are changing from a Type B (variable) to a Type C (return of premium)
death benefit, we first find the difference between: (1) the amount in your
Contract Fund and (2) the total premiums paid on this Contract minus total
withdrawals, determined on the date the change takes effect. If (1) is larger
than (2), we will increase the basic insurance amount by that difference. If (2)
is larger than (1), we will reduce the basic insurance amount by that
difference. This change is only available to Contracts which were issued with a
Type C death benefit and subsequently changed to a Type B death benefit.

If you are changing from a Type C (return of premium) to a Type A (fixed) death
benefit, we will change the basic insurance amount by adding the total premiums
paid minus total withdrawals to this Contract on the date the change takes
place.

If you are changing from a Type C (return of premium) to a Type B (variable)
death benefit, we first find the difference between: (1) the amount in your
Contract Fund and (2) the total premiums paid on this Contract minus total
withdrawals, determined on the date the change takes effect. If (2) is larger
than (1), we will increase the basic insurance amount by that difference. If (1)
is larger than (2), we will reduce the basic insurance amount by that
difference.

The following chart illustrates the changes in basic insurance amount with each
change of death benefit type described above. The chart assumes a $50,000
Contract Fund and a $300,000 death benefit. For changes to and from a Type C
death benefit, the chart assumes $40,000 in total premiums minus total
withdrawals.

                             Basic Insurance Amount
           ----------------------------------------------------------
               FROM                                TO
           ----------------------------------------------------------
              Type A                 Type B                 Type C

             $300,000               $250,000               $260,000
           ----------------------------------------------------------
              Type B                 Type A                 Type C

             $250,000               $300,000               $260,000
           ----------------------------------------------------------
              Type C                 Type A                 Type B

             $260,000               $300,000               $250,000
           ----------------------------------------------------------

                                       16


To request a change, fill out an application for change which can be obtained
from your Pruco Life representative or a Home Office. If the change is approved,
we will recompute the Contract's charges and appropriate tables and send you new
Contract data pages. We may require you to send us your Contract before making
the change.

Riders

Contract owners may be able to obtain extra fixed benefits which may require an
additional premium. These optional insurance benefits will be described in what
is known as a "rider" to the Contract. Charges applicable to the riders will be
deducted from the Contract Fund on each Monthly date. The amounts of these
benefits do not depend on the performance of the Account, although they will no
longer be available if the Contract lapses. Certain restrictions may apply and
are clearly described in the applicable rider. Your Pruco Life representative
can explain all of these extra benefits further. Also, samples of the provisions
are available from Pruco Life upon written request.

Enhanced Disability Benefit -- The Enhanced Disability Benefit pays certain
amounts into the Contract if the insured is totally disabled, as defined in the
benefit provision.

Accidental Death Benefit -- The Accidental Death Benefit provides an additional
death benefit that is payable if the insured's death is accidental, as defined
in the benefit provision.

Children Level Term Rider -- The Children Level Term Rider provides term life
insurance coverage on the life of the insured's children.

Target Term Rider -- The Target Term Rider provides a flexible term insurance
benefit to attained age 100 on the life of the insured. You specify the amount
of term rider coverage you desire, up to four times the base Contract's basic
insurance amount. This amount is called the rider coverage amount and is the
maximum death benefit payable under the rider. After issue, while the rider is
in-force, you may increase the rider coverage amount subject to a minimum
increase amount of $25,000 and the underwriting requirements determined by Pruco
Life. The rider coverage amount after the increase cannot exceed four times the
base Contract's basic insurance amount. You may also decrease your rider
coverage amount after issue, subject to a minimum decrease amount of $10,000.

The Rider death benefit fluctuates as the base Contract's death benefit changes.
When the Contract Fund has not grown to the point where the base Contract's
                           ---
death benefit is increased to satisfy the Internal Revenue Code's definition of
life insurance, the rider death benefit equals the rider coverage amount.
However, if the Contract Fund has grown to the point where the base Contract's
death benefit begins to vary as required by the Internal Revenue Code's
definition of life insurance, the rider's death benefit will decrease (or
increase) dollar for dollar as the base Contract's death benefit increases (or
decreases). The rider death benefit will never increase beyond the rider
coverage amount. It is possible, however, for the Contract Fund and,
consequently, the base Contract's death benefit to grow to the point where the
rider death benefit is reduced to zero.

                         Target Term Rider Plot Points

Policy Year      Base Policy Death Benefit     Target Death Benefit

      1                  $   500,000               $  500,000
      2                  $   500,000               $  500,000
      3                  $   500,000               $  500,000
      4                  $   500,000               $  500,000
      5                  $   500,000               $  500,000
      6                  $   500,000               $  500,000
      7                  $   500,000               $  500,000
      8                  $   500,000               $  500,000
      9                  $   500,000               $  500,000
     10                  $   550,000               $  450,000
     11                  $   605,000               $  395,000
     12                  $   665,500               $  334,500
     13                  $   732,050               $  267,950
     14                  $   805,255               $  194,745
     15                  $   885,781               $  114,220
     16                  $ 1,000,000               $      -
     17                  $ 1,100,000               $      -
     18                  $ 1,210,000               $      -
     19                  $ 1,331,000               $      -
     20                  $ 1,464,100               $      -


                                      17



You should consider the following factors when purchasing a Contract with a
Target Term Rider:

 .    A Contract with a Target Term Rider will offer higher cash values and death
     benefits than an all base policy with the same death benefit if Pruco Life
     does not change its current charges. This is because the current sales
     expense charge attributable to the Target Term Rider is 2% rather than the
     4% charge attributable to the Sales Load Target Premium under the base
     Contract. We currently take lower current Cost of Insurance charges under
     the term rider and we currently charge no monthly administrative charge
     under the rider.

 .    However, a Contract with a Target Term Rider offers the potential for lower
     cash values and death benefits than an all base policy with the same death
     benefit if Pruco Life raises its current charges to the maximum contractual
     level. This is because guaranteed maximum charges under the Contract and
     Target Term Rider are the same except for the per $1,000 of insurance
     portion of the monthly administrative charge which extends for 10 years on
     the rider and only five years on the base Contract. The surrender charge
     does not apply to the Target Term Rider.

Other factors to consider are:

 .    The length of the Death Benefit Guarantee available on Contracts with a
     Target Term Rider is limited to five years. If it is important to you to
     have a Death Benefit Guarantee period longer than five years, you may want
     to purchase a Contract without a Target Term Rider. See Death Benefit
     Guarantee, page 20.

 .    The Enhanced Disability Benefit, as described above, is unavailable on
     Contracts with a Target Term Rider. If it is important to you to have the
     Enhanced Disability Benefit, you may want to purchase a Contract without a
     Target Term Rider.

 .    The Accidental Death Benefit, as described above, does not apply to any
     portion of the death benefit that is attributable to a Target Term Rider.
     If it is important to you to have the maximum amount of Accidental Death
     Benefit allowed under your Contract, you may want to purchase a Contract
     without a Target Term Rider.

 .    The Living Needs Benefit does not apply to the portion of the death benefit
     that is attributable to a Target Term Rider. If it is important to you that
     the Living Needs Benefit applies to the entire death benefit, you may want
     to purchase a Contract without a Target Term Rider. See Living Needs
     Benefit, page 29.

 .    The rider coverage amount terminates at the insured's age 100. If it is
     important to you that no coverage amount then in effect terminates at the
     insured's attained age 100, you may want to purchase a contract without a
     Target Term Rider.

Some of the factors outlined above can have effects on the financial performance
of a Contract, including the amount of the Contract's cash value and death
benefit. It is important that you ask your Pruco Life representative to provide
illustrations based on different combinations of base Contract basic insurance
amount and rider coverage amount. You can then discuss with your Pruco Life
representative how these combinations may address your objectives.

Contract Date

When the first premium payment is paid with the application for a Contract, the
Contract date will ordinarily be the later of the application date or the
medical examination date. If the first premium is not paid with the application,
the Contract date will be the date on which the first premium is paid and the
Contract is delivered. Under certain circumstances, we may allow the Contract to
be backdated for the purpose of lowering the insured's issue age, but only to a
date not earlier than six months prior to the application date. This may be
advantageous for some Contract owners as a lower issue age may result in lower
current charges. For a Contract that is backdated, we will credit the initial
premium as of the date of receipt and will deduct any charges due on or before
that date.

Premiums

The Contract is a flexible premium contract. The minimum initial premium is due
on or before the Contract date. It is the premium needed to start the Contract.
There is no insurance under the Contract unless the minimum initial premium is
paid. Thereafter, you decide when to make premium payments and, subject to a $25
minimum, in what amounts (the minimum premium payment is $15 for premiums made
by electronic fund transfer).

We may require an additional premium if adjustments to premium payments exceed
the minimum initial premium or there are Contract Fund charges due on or before
the payment date. We reserve the right to refuse to accept any

                                       18


payment that increases the death benefit by more than it increases the Contract
Fund. See How a Type A (Fixed) Contract's Death Benefit Will Vary, page 23, How
a Type B (Variable) Contract's Death Benefit Will Vary, page 24, and How a Type
C (Return of Premium) Contract's Death Benefit Will Vary, page 25. Furthermore,
there are circumstances under which the payment of premiums in amounts that are
too large may cause the Contract to be characterized as a Modified Endowment
Contract, which could be significantly disadvantageous. See Tax Treatment of
Contract Benefits, page 33.

Once the minimum initial premium payment is made, there are no required
premiums. However, there are several types of premiums which are described
below. Understanding them may help you understand how the Contract works.

      Target Premiums are premiums that, if paid at the beginning of each
      Contract year, will keep the Contract in-force until the insured's age 65,
      or if later, during the first 10 Contract years, regardless of investment
      performance and assuming no loans or withdrawals (not applicable to
      Contracts with the Target Term Rider). If you choose to continue the Death
      Benefit Guarantee beyond this period, you will have to begin paying
      premiums substantially higher than the Target Premium. However, not all
      Contracts offer the Death Benefit Guarantee beyond this period. The length
      of the Death Benefit Guarantee available to you depends on your Contract's
      death benefit type, the definition of life insurance test selected at
      issue, and whether the Target Term Rider is on the Contract. See Death
      Benefit Guarantee, page 20. When you purchase a Contract, your Pruco Life
      representative can tell you the amount[s] of the Target Premium. For a
      Contract with no riders or extra risk charges, these premiums will be
      level.

      It is possible, in some instances, to pay a premium lower than the Target
      Premium; the Short-Term Premium. These Short-Term Premiums, if paid at the
      beginning of each Contract year, will keep the Contract in-force during
      the first five Contract years, regardless of investment performance and
      assuming no loans or withdrawals. To continue the Death Benefit Guarantee
      beyond this period, you will have to begin paying premiums higher than the
      Short-Term Premium. However, not all Contracts offer the Death Benefit
      Guarantee beyond five Contract years. The length of the Death Benefit
      Guarantee available to you depends on your Contract's death benefit type,
      the definition of life insurance test selected at issue, and whether the
      Target Term Rider is on the Contract. See Death Benefit Guarantee, page
      20. When you purchase a Contract, your Pruco Life representative can tell
      you the amount[s] of the Short-Term Premium. As is the case with the
      Target Premium, for a Contract with no riders or extra risk charges, these
      premiums will be level.

      Lifetime Premiums are the premiums that, if paid at the beginning of each
      Contract year, will keep the Contract in-force during the lifetime of the
      insured, regardless of investment performance and assuming no loans or
      withdrawals (not applicable to all Contracts). See Death Benefit
      Guarantee, page 20. As is the case with the Target Premium, for a Contract
      with no riders or extra risk charges, these premiums will be level. When
      you purchase a Contract, your Pruco Life representative can tell you the
      amount[s] of the Lifetime Premium.

We can bill you for the amount you select annually, semi-annually, or quarterly.
Because the Contract is a flexible premium contract, there are no scheduled
premium due dates. When you receive a premium notice, you are not required to
pay this amount. The Contract will remain in-force if: (1) the Contract Fund,
less any applicable surrender charges, is greater than zero and more than any
Contract debt or (2) you have paid sufficient premiums, on an accumulated basis,
to meet the Death Benefit Guarantee conditions and Contract debt is not equal to
or greater than the Contract Fund, less any applicable surrender charges. You
may also pay premiums automatically through pre-authorized monthly electronic
fund transfers from a bank checking account. If you elect to use this feature,
you choose the day of the month on which premiums will be paid and the amount of
the premiums paid. When you apply for the Contract, you should discuss with your
Pruco Life representative how frequently you would like to be billed (if at all)
and for what amount.

Allocation of Premiums

On the Contract date: (1) we deduct the charge for sales expenses and the charge
for taxes attributable to premiums from the initial premium; (2) we allocate the
remainder of the initial premium and any other premium received during the
short-term cancellation right ("free-look") period to the Money Market
investment option; and (3) the first monthly deductions are made. At the end of
the "free-look" period, these funds will be transferred out of the Money Market
investment option and allocated among the variable investment options and/or the
fixed-rate option according to your

                                       19


most current allocation request. See Short-Term Cancellation Right or "Free-
Look," page 15. The transfer from the Money Market investment option immediately
following the "free-look" period will not be counted as one of your 12 free
transfers described under Transfers, page 22. If the first premium is received
before the Contract date, there will be a period during which the Contract
owner's initial premium will not be invested.

The charge for sales expenses and the charge for taxes attributable to premiums
also apply to all subsequent premium payments. The remainder will be invested as
of the end of the valuation period in which it is received at a Home Office, in
accordance with the allocation you previously designated. Provided the Contract
is not in default, you may change the way in which subsequent premiums are
allocated by giving written notice to a Home Office or by telephoning a Home
Office, provided you are enrolled to use the Telephone Transfer System. There is
no charge for reallocating future premiums. All percentage allocations must be
in whole numbers. For example, 33% can be selected but 33"% cannot. Of course,
the total allocation to all selected investment options must equal 100%.

Death Benefit Guarantee

Although you decide what premium amounts you wish to pay, sufficient premium
payments, on an accumulated basis, will guarantee that your Contract will not
lapse and a death benefit will be paid upon the death of the insured. This will
be true even if, because of unfavorable investment experience, your Contract
Fund value drops to zero. Withdrawals may adversely affect the status of the
guarantee. Likewise, a Contract loan will negate any guarantee. See Withdrawals,
page 26, and Contract Loans, page 32. You should consider how important the
Death Benefit Guarantee is to you when deciding what premium amounts to pay into
the Contract.

At the Contract date and on each Monthly date, during the Death Benefit
Guarantee period shown on your Contract data pages, we calculate your Contract's
"Accumulated Net Payments" as of that date. Accumulated Net Payments equal the
premiums you paid, accumulated at an effective annual rate of 4%, less
withdrawals also accumulated at 4%.

We also calculate Death Benefit Guarantee Values. These are values used solely
to determine if a Death Benefit Guarantee is in effect. These are not cash
                                                                  ---
values that you can realize by surrendering the Contract, nor are they payable
death benefits. Your Contract data pages contain a table of Death Benefit
Guarantee Values, calculated as of Contract anniversaries. Values for
non-anniversary Monthly dates will reflect the number of months elapsed between
Contract anniversaries.

At each Monthly date, during the Death Benefit Guarantee period shown on your
Contract data pages, we will compare your Accumulated Net Payments to the Death
Benefit Guarantee Value as of that date. If your Accumulated Net Payments equal
or exceed the Death Benefit Guarantee Value and Contract debt does not equal or
exceed the Contract Fund less any applicable surrender charges, then the
Contract is kept in-force, regardless of the amount in the Contract Fund.

Short-Term, Target, and Lifetime Premiums are payments which correspond to the
Death Benefit Guarantee Values shown on your Contract data pages. For example,
payment of the Short-Term Premium at the beginning of each Contract year
guarantees that your Contract will not lapse during the first five Contract
years, assuming no loans or withdrawals. However, payment of the Short-Term
Premium after year five will not assure that your Contract's Accumulated Net
Payments will continue to meet the Death Benefit Guarantee Values. See Premiums,
page 18.

If you want a Death Benefit Guarantee to last longer than five years, you should
expect to pay at least the Target Premium at the start of each Contract year.
Paying the Target Premium at the beginning of each Contract year guarantees your
Contract against lapse until the insured's age 65 or for 10 years after issue,
whichever comes later, assuming no loans or withdrawals. However, payment of the
Target Premium after this Death Benefit Guarantee period, will not assure that
your Contract's Accumulated Net Payments will meet the subsequent, much higher,
Death Benefit Guarantee Values.

If you want a Death Benefit Guarantee to last the lifetime of the insured, then
you should expect to pay at least the Lifetime Premium at the start of each
Contract year. Paying the Lifetime Premium at the beginning of each Contract
year guarantees your Contract against lapse for the insured's lifetime, assuming
no loans or withdrawals.

                                       20


The following table provides sample Short-Term, Target, and Lifetime Premiums
(to the nearest dollar). The examples assume: (1) the insured is a male,
Preferred Best, with no extra risk or substandard ratings; (2) a $250,000 basic
insurance amount; (3) no extra benefit riders have been added to the Contract;
and (4) the Cash Value Accumulation Test has been elected for definition of life
insurance testing.

 -------------------------------------------------------------------------------
                         Illustrative Annual Premiums
 -------------------------------------------------------------------------------
     Age of
  insured at               Type of            Short-Term    Target     Lifetime
     issue          Death Benefit Chosen        Premium     Premium    Premium
 ------------------------------------------------------------------------------
      40              Type A (Fixed)             $1,640     $ 2,138    $ 4,765
 ------------------------------------------------------------------------------
      40            Type B (Variable)            $1,643     $ 2,220    $14,185
 ------------------------------------------------------------------------------
      40        Type C (Return of Premium)       $1,643       N/A        N/A
 ------------------------------------------------------------------------------
      60              Type A (Fixed)             $6,678     $ 7,158    $12,963
 ------------------------------------------------------------------------------
      60            Type B (Variable)            $6,705     $ 7,218    $33,195
 ------------------------------------------------------------------------------
      60        Type C (Return of Premium)       $7,055       N/A        N/A
 ------------------------------------------------------------------------------
      80              Type A (Fixed)            $36,723     $39,358    $47,235
 ------------------------------------------------------------------------------
      80            Type B (Variable)           $37,550     $43,980    $83,015
 ------------------------------------------------------------------------------
      80        Type C (Return of Premium)        N/A         N/A        N/A
 ------------------------------------------------------------------------------

Paying the Short-Term, Target, or Lifetime Premiums at the start of each
Contract year is one way of reaching the Death Benefit Guarantee Values; it is
certainly not the only way. The Death Benefit Guarantee allows considerable
flexibility as to the timing of premium payments. Your Pruco Life representative
can supply sample illustrations of various premium amount and frequency
combinations that correspond to the Death Benefit Guarantee Values.

When determining what premium amounts to pay and the frequency of your payments,
you should consider carefully the value of maintaining the Death Benefit
Guarantee. If you desire the Death Benefit Guarantee until the later of the
insured's age 65 or 10 years after issue, you may prefer to pay at least the
Target Premium in all years, rather than paying the lower Short-Term Premium in
the first five years. If you pay only enough premium to meet the Death Benefit
Guarantee Values in the first five years, you will need to pay more than the
Target Premium at the beginning of the 6th year in order to continue the Death
Benefit Guarantee.

Similarly, if you desire the Death Benefit Guarantee for lifetime protection,
you may prefer to pay generally higher premiums in all years, rather than trying
to make such payments on an as needed basis. For example, if you pay only enough
premium to meet the Death Benefit Guarantee Values until the later of the
insured's age 65 or 10 years after issue, a substantial amount may be required
                                            -----------
to meet the subsequent Death Benefit Guarantee Values and continue the
guarantee. In addition, it is possible that the payment required to continue the
guarantee beyond this period could exceed the premium payments allowed to be
paid without causing the Contract to become a Modified Endowment Contract. See
Tax Treatment of Contract Benefits, page 33.

Not all Contracts will have the Death Benefit Guarantee available in all years.
Type A and Type B Contracts with the Cash Value Accumulation Test elected for
definition of life insurance testing will have the Death Benefit Guarantee
available for the lifetime of the insured. However, Type A and Type B Contracts
with the Guideline Premium Test elected for definition of life insurance testing
will have the Death Benefit Guarantee available until the insured's age 65 or 10
years after issue, whichever is later. Furthermore, Type C Contracts with either
the Cash Value Accumulation Test or Guideline Premium Test elected for
definition of life insurance testing, will only have the Death Benefit Guarantee
available for the first five Contract years. Contracts with the Target Term
Rider will also have the Death Benefit Guarantee available for only the first
five Contract years. Your Contract data pages will show Death Benefit

                                       21


Guarantee Values for the duration available with your Contract. See Types of
Death Benefit, page 15 and Tax Treatment of Contract Benefits, page 33.

Transfers

You may, up to 12 times each Contract year, transfer amounts from one variable
investment option to another variable investment option or to the fixed-rate
option without charge. There is an administrative charge of up to $25 for each
transfer made exceeding 12 in any Contract year. All or a portion of the amount
credited to a variable investment option may be transferred.

Transfers will take effect as of the end of the valuation period in which a
proper transfer request is received at a Home Office. The request may be in
terms of dollars, such as a request to transfer $5,000 from one variable
investment option to another, or may be in terms of a percentage reallocation
among variable investment options. In the latter case, as with premium
reallocations, the percentages must be in whole numbers. You may transfer
amounts by proper written notice to a Home Office or by telephone, provided you
are enrolled to use the Telephone Transfer System. You will automatically be
enrolled to use the Telephone Transfer System unless the Contract is jointly
owned or you elect not to have this privilege. Telephone transfers may not be
available on Contracts that are assigned, depending on the terms of the
assignment. See Assignment, page 35.

We will use reasonable procedures, such as asking you to provide certain
personal information provided on your application for insurance, to confirm that
instructions given by telephone are genuine. We will not be held liable for
following telephone instructions that we reasonably believe to be genuine. Pruco
Life cannot guarantee that you will be able to get through to complete a
telephone transfer during peak periods such as periods of drastic economic or
market change.

Only one transfer from the fixed-rate option will be permitted during each
Contract year. The maximum amount which may be transferred out of the fixed-rate
option each year is the greater of: (a) 25% of the amount in the fixed-rate
option; and (b) $2,000. Pruco Life may change these limits in the future. We may
waive these restrictions for limited periods of time in a non-discriminatory
way, (e.g., when interest rates are declining).

The Contract was not designed for professional market timing organizations,
other organizations, or individuals using programmed, large, or frequent
transfers. A pattern of exchanges that coincides with a "market timing" strategy
may be disruptive to the investment option or to the disadvantage of other
contract owners. If such a pattern were to be found, we may modify your right to
make transfers by restricting the number, timing and amount of transfers. We
also reserve the right to prohibit transfer requests made by an individual
acting under a power of attorney on behalf of more than one contract owner.

Dollar Cost Averaging

As an administrative practice, we are currently offering a feature called Dollar
Cost Averaging ("DCA"). Under this feature, either fixed dollar amounts or a
percentage of the amount designated for use under the DCA option will be
transferred periodically from the DCA Money Market investment option into other
variable investment options available under the Contract, excluding the
fixed-rate option. You may choose to have periodic transfers made monthly or
quarterly.

Each automatic transfer will take effect as of the end of the valuation period
on the date coinciding with the periodic timing you designate provided the New
York Stock Exchange is open on that date. If the New York Stock Exchange is not
open on that date, or if the date does not occur in that particular month, the
transfer will take effect as of the end of the valuation period which
immediately follows that date. Automatic transfers will continue until: (1) $50
or less remains of the amount designated for Dollar Cost Averaging, at which
time the remaining amount will be transferred; or (2) you give us notification
of a change in DCA allocation or cancellation of the feature. Currently, a
transfer that occurs under the DCA feature is not counted towards the 12 free
transfers permitted each Contract year. We reserve the right to change this
practice, modify the requirements or discontinue the feature.

                                       22


Auto-Rebalancing

As an administrative practice, we are currently offering a feature called
Auto-Rebalancing. This feature allows you to automatically rebalance variable
investment option assets at specified intervals based on percentage allocations
that you choose. For example, suppose your initial investment allocation of
variable investment options X and Y is split 40% and 60%, respectively. Then,
due to investment results, that split changes. You may instruct that those
assets be rebalanced to your original or different allocation percentages.

Auto-Rebalancing can be performed on a quarterly, semi-annual, or annual basis.
Each rebalance will take effect as of the end of the valuation period on the
date coinciding with the periodic timing you designate provided the New York
Stock Exchange is open on that date. If the New York Stock Exchange is not open
on that date, or if the date does not occur in that particular month, the
transfer will take effect as of the end of the valuation period which
immediately follows that date. The fixed-rate option cannot participate in this
administrative procedure. Currently, a transfer that occurs under the
Auto-Rebalancing feature is not counted towards the 12 free transfers permitted
each Contract year. We reserve the right to change this practice, modify the
requirements or discontinue the feature.

How a Contract's Cash Surrender Value Will Vary

You may surrender the Contract for its cash surrender value (referred to as net
cash value in the Contract). The Contract's cash surrender value on any date
will be the Contract Fund less any applicable surrender charges and less any
Contract debt. See Contract Loans, page 32. The Contract Fund value changes
daily, reflecting: (1) increases or decreases in the value of the variable
investment options; (2) interest credited on any amounts allocated to the
fixed-rate option; (3) interest credited on any loan; and (4) the daily asset
charge for mortality and expense risks assessed against the variable investment
options. The Contract Fund value also changes to reflect the receipt of premium
payments and the monthly deductions described under Charges and Expenses, page
11. Upon request, Pruco Life will tell you the cash surrender value of your
Contract. It is possible for the cash surrender value of a Contract to decline
to zero because of unfavorable investment performance or outstanding Contract
debt.

The tables on pages T1 through T10 of this prospectus illustrate approximately
what the cash surrender values would be for representative Contracts paying
certain premium amounts, and assuming hypothetical uniform investment results in
the Series Fund portfolios. Five of the tables assume current charges will be
made throughout the lifetime of the Contract and five of them assume maximum
charges will be made. See Illustrations of Cash Surrender Values, Death
Benefits, and Accumulated Premiums, page 30.

How a Type A (Fixed) Contract's Death Benefit Will Vary

As described earlier, there are three types of death benefit available under the
Contract: (1) Type A, a generally fixed death benefit; (2) Type B, a variable
death benefit; and (3) Type C, a return of premium death benefit. A Type C
(return of premium) death benefit generally varies by the amount of premiums
paid, a Type B (variable) death benefit varies with investment performance, and
a Type A (fixed) death benefit does not vary unless it must be increased to
comply with the Internal Revenue Code's definition of life insurance.

Under a Type A (fixed) Contract, the death benefit is generally equal to the
basic insurance amount. If the Contract is kept in-force for several years,
depending on how much premium you pay, and/or if investment performance is
reasonably favorable, the Contract Fund may grow to the point where Pruco Life
will increase the death benefit in order to ensure that the Contract will
satisfy the Internal Revenue Code's definition of life insurance.

The death benefit under a Type A (fixed) Contract will always be the greater of:

          (1)   the basic insurance amount; and

          (2)   the Contract Fund before the deduction of any monthly charges
                due on that date, multiplied by the attained age factor that
                applies.

A listing of attained age factors can be found on your Contract data pages. The
latter provision ensures that the Contract will always have a death benefit
large enough so that the Contract will be treated as life insurance for tax
purposes under current law. Before the Contract is issued, the Contract owner
may choose between two methods that

                                       23


we use to determine the tax treatment of the Contract. See Tax Treatment of
Contract Benefits, page 33, for a discussion of these methods and the impact of
each on the Contract's values, benefits and tax status.

The following table illustrates at different ages how the attained age factor
affects the death benefit for different Contract Fund amounts. The table assumes
a $250,000 Type A (fixed) Contract was issued when the insured was a male
nonsmoker, age 35.



                                                  Type A (Fixed) Death Benefit
- -------------------------------------------------------------------------------------------------------------------------------
                    IF                                                             THEN
- -------------------------------------------------------------------------------------------------------------------------------
                        and the Contract      the attained age    the Contract Fund multiplied by the   and the Death Benefit
 the insured is age          Fund is            factor is**              attained age factor is                   is
- -------------------------------------------------------------------------------------------------------------------------------
                                                                                            
         40                 $ 25,000                3.57                         89,250                        $250,000
         40                 $ 75,000                3.57                        267,750                        $267,750*
         40                 $100,000                3.57                        357,000                        $357,000*
- -------------------------------------------------------------------------------------------------------------------------------
         60                 $ 75,000                1.92                        144,000                        $250,000
         60                 $125,000                1.92                        240,000                        $250,000
         60                 $150,000                1.92                        288,000                        $288,000*
- -------------------------------------------------------------------------------------------------------------------------------
         80                 $150,000                1.26                        189,000                        $250,000
         80                 $200,000                1.26                        252,000                        $252,000*
         80                 $225,000                1.26                        283,500                        $283,500*
- -------------------------------------------------------------------------------------------------------------------------------


* Note that the death benefit has been increased to comply with the Internal
  Revenue Code's definition of life insurance.
** Assumes the Contract owner selected the Cash Value Accumulation Test.
- --------------------------------------------------------------------------------

This means, for example, that if the insured has reached the age of 60, and the
Contract Fund is $150,000, the death benefit will be $288,000, even though the
basic insurance amount is $250,000. In this situation, for every $1 increase in
the Contract Fund, the death benefit will be increased by $1.92. We reserve the
right to refuse to accept any premium payment that increases the death benefit
by more than it increases the Contract Fund. If we exercise this right, in
certain situations it may result in the loss of the Death Benefit Guarantee.

How a Type B (Variable) Contract's Death Benefit Will Vary

Under a Type B (variable) Contract, while the Contract is in-force, the death
benefit will never be less than the basic insurance amount, but will vary,
immediately after it is issued, with the investment results of the selected
investment options. The death benefit may be increased to ensure that the
Contract will satisfy the Internal Revenue Code's definition of life insurance.

The death benefit under a Type B (variable) Contract will always be the greater
of:

          (1)  the basic insurance amount plus the Contract Fund before the
               deduction of any monthly charges due on that date; and

          (2)  the Contract Fund before the deduction of any monthly charges due
               on that date, multiplied by the attained age factor that applies.

For purposes of computing the death benefit, if the Contract Fund is less than
zero we will consider it to be zero. A listing of attained age factors can be
found on your Contract data pages. The latter provision ensures that the
Contract will always have a death benefit large enough so that the Contract will
be treated as life insurance for tax purposes under current law. Before the
Contract is issued, the Contract owner may choose between two methods that we
use to determine the tax treatment of the Contract. See Tax Treatment of
Contract Benefits, page 33, for a discussion of these methods and the impact of
each on the Contract's values, benefits and tax status.

                                       24


The following table illustrates various attained age factors and Contract Funds
and the corresponding death benefits. The table assumes a $250,000 Type B
(variable) Contract was issued when the insured was a male nonsmoker, age 35.



                                                 Type B (Variable) Death Benefit
- -----------------------------------------------------------------------------------------------------------------------------
                    IF                                                             THEN
- -----------------------------------------------------------------------------------------------------------------------------
                         and the Contract      the attained age      the Contract Fund multiplied by        and the Death
 the insured is age          Fund is             factor is**           the attained age factor is            Benefit is
- -----------------------------------------------------------------------------------------------------------------------------
                                                                                                
         40                  $ 25,000                3.57                         89,250                      $275,000
         40                  $ 75,000                3.57                        267,750                      $325,000
         40                  $100,000                3.57                        357,000                      $357,000*
- -----------------------------------------------------------------------------------------------------------------------------
         60                  $ 75,000                1.92                        144,000                      $325,000
         60                  $125,000                1.92                        240,000                      $375,000
         60                  $150,000                1.92                        288,000                      $400,000
- -----------------------------------------------------------------------------------------------------------------------------
         80                  $150,000                1.26                        189,000                      $400,000
         80                  $200,000                1.26                        252,000                      $450,000
         80                  $225,000                1.26                        283,500                      $475,000
- -----------------------------------------------------------------------------------------------------------------------------

*  Note that the death benefit has been increased to comply with the Internal
   Revenue Code's definition of life insurance.
** Assumes the Contract owner selected the Cash Value Accumulation Test.
- --------------------------------------------------------------------------------

This means, for example, that if the insured has reached the age of 40, and the
Contract Fund is $100,000, the death benefit will be $357,000, even though the
basic insurance amount is $250,000. In this situation, for every $1 increase in
the Contract Fund, the death benefit will be increased by $3.57. We reserve the
right to refuse to accept any premium payment that increases the death benefit
by more than it increases the Contract Fund. If we exercise this right, in
certain situations it may result in the loss of the Death Benefit Guarantee.

How a Type C (Return of Premium) Contract's Death Benefit Will Vary

Under a Type C (return of premium) Contract, while the Contract is in-force, the
death benefit will vary by the amount of premiums paid, less any withdrawals.
Unlike Type A and Type B Contracts, the death benefit of a Type C Contract may
be less than the basic insurance amount in the event total withdrawals are
greater than total premiums paid. The death benefit may be increased to ensure
that the Contract will satisfy the Internal Revenue Code's definition of life
insurance.

The death benefit under a Type C (return of premium) Contract will always be the
greater of:

          (1)   the basic insurance amount plus the total premiums paid into the
                Contract less any withdrawals; and

          (2)   the Contract Fund before the deduction of monthly charges due on
                that date, multiplied by the attained age factor that applies.

A listing of attained age factors can be found on your Contract data pages. The
latter provision ensures that the Contract will always have a death benefit
large enough so that the Contract will be treated as life insurance for tax
purposes under current law. Before the Contract is issued, the Contract owner
may choose between two methods that we use to determine the tax treatment of the
Contract. See Tax Treatment of Contract Benefits, page 33, for a discussion of
these methods and the impact of each on the Contract's values, benefits and tax
status.

The following table illustrates various attained age factors and Contract Funds
and the corresponding death benefits. The table assumes a $250,000 Type C
(return of premium) Contract was issued when the insured was a male nonsmoker,
age 35.

                                       25





                    Type C (Return of Premium) Death Benefit
- --------------------------------------------------------------------------------------------------------------------------------
                                  IF                                                                 THEN
- --------------------------------------------------------------------------------------------------------------------------------

          the                                                                        the Contract Fund
        insured   and the Contract  and the premiums paid less  the attained age    multiplied by the           and the Death
         is age        Fund is         any withdrawals is         factor is**      attained age factor is          Benefit is
- --------------------------------------------------------------------------------------------------------------------------------
                                                                                                 
         40           $ 25,000              $ 15,000                 3.57                  89,250                  $265,000
         40           $ 75,000              $ 60,000                 3.57                 267,750                  $310,000
         40           $100,000              $ 80,000                 3.57                 357,000                  $357,000*
- --------------------------------------------------------------------------------------------------------------------------------
         60           $ 75,000              $ 60,000                 1.92                 144,000                  $310,000
         60           $125,000              $100,000                 1.92                 240,000                  $350,000
         60           $150,000              $125,000                 1.92                 288,000                  $375,000
- --------------------------------------------------------------------------------------------------------------------------------
         80           $150,000              $125,000                 1.26                 189,000                  $375,000
         80           $200,000              $150,000                 1.26                 252,000                  $400,000
         80           $225,000              $175,000                 1.26                 283,500                  $425,000
- --------------------------------------------------------------------------------------------------------------------------------


 * Note that the death benefit has been increased to comply with the Internal
   Revenue Code's definition of life insurance.
** Assumes the Contract owner selected the Cash Value Accumulation Test.
- --------------------------------------------------------------------------------

This means, for example, that if the insured has reached the age of 40, and the
premiums paid less any withdrawals equals $80,000, the death benefit will be
$357,000, even though the basic insurance amount is $250,000. In this situation,
for every $1 increase in the Contract Fund, the death benefit will be increased
by $3.57. We reserve the right to refuse to accept any premium payment that
increases the death benefit by more than it increases the Contract Fund. If we
exercise this right, in certain situations it may result in the loss of the
Death Benefit Guarantee.

Surrender of a Contract

A Contract may be surrendered for its cash surrender value while the insured is
living. To surrender a Contract, we may require you to deliver or mail the
Contract with a written request in a form that meets Pruco Life's needs, to a
Home Office. The cash surrender value of a surrendered Contract will be
determined as of the end of the valuation period in which such a request is
received in a Home Office. Surrender of a Contract may have tax consequences.
See Tax Treatment of Contract Benefits, page 33.

Withdrawals

Under certain circumstances, you may withdraw a portion of the Contract's cash
surrender value without surrendering the Contract. The withdrawal amount is
limited by the requirement that the cash surrender value after the withdrawal
may not be zero or less than zero after deducting the withdrawal charges. The
amount withdrawn must be at least $500. There is an administrative processing
fee for each withdrawal which is the lesser of: (a) $25 and; (b) 2% of the
withdrawal amount. An amount withdrawn may not be repaid except as a premium
subject to the applicable charges. Upon request, we will tell you how much you
may withdraw. Withdrawal of the cash surrender value may have tax consequences.
See Tax Treatment of Contract Benefits, page 33.

Whenever a withdrawal is made, the death benefit will immediately be reduced by
at least the amount of the withdrawal. Withdrawals under Type B (variable) and
Type C (return of premium) Contracts, will not change the basic insurance
amount. However, under a Type A (fixed) Contract, the withdrawal may require a
reduction in the basic insurance amount. If the basic insurance amount is
decreased to an amount less than the basic insurance amount at issue, a
surrender charge may be deducted. See Charges and Expenses, page 11. No
withdrawal will be permitted under a Type A (fixed) Contract if it would result
in a basic insurance amount of less than the minimum basic insurance amount. See
Requirements for Issuance of a Contract, page 14. It is important to note,
however, that if the basic insurance amount is decreased, there is a possibility
that the Contract might be classified as a Modified Endowment Contract. Before
making any withdrawal which causes a decrease in basic insurance amount, you
should consult with your tax adviser and your Pruco Life representative. See Tax
Treatment of Contract Benefits, page 33.

                                       26


When a withdrawal is made, the Contract Fund is reduced by the sum of the cash
withdrawn, the withdrawal fee, and any surrender charge. An amount equal to the
reduction in the Contract Fund will be withdrawn proportionally from the
investment options unless you direct otherwise. Withdrawal of the cash surrender
value increases the risk that the Contract Fund may be insufficient to provide
Contract benefits. If such a withdrawal is followed by unfavorable investment
experience, the Contract may go into default. Withdrawals may also affect
whether a Contract is kept in-force under the Death Benefit Guarantee, since
withdrawals decrease your Accumulated Net Payments. See Death Benefit Guarantee,
page 20.

Lapse and Reinstatement

Pruco Life will determine the value of the Contract Fund on each Monthly date.
If the Contract Fund less any applicable surrender charges is zero or less, the
Contract is in default unless it remains in-force under the Death Benefit
Guarantee. See Death Benefit Guarantee, page 20. If the Contract debt ever grows
to be equal to or more than the Contract Fund less any applicable surrender
charges, the Contract will be in default. Should this happen, Pruco Life will
send you a notice of default setting forth the payment which we estimate will
keep the Contract in-force for three months from the date of default. This
payment must be received at a Home Office within the 61-day grace period after
the notice of default is mailed or the Contract will end and have no value. A
Contract that lapses with an outstanding Contract loan may have tax
consequences. See Tax Treatment of Contract Benefits, page 33.

A Contract that ended in default may be reinstated within five years after the
date of default if the following conditions are met: (1) renewed evidence of
insurability is provided on the insured; (2) submission of certain payments
sufficient to bring the Contract up to date plus a premium that we estimate will
cover all charges and deductions for the next three months; and (3) any Contract
debt with interest to date must be restored or paid back. If the Contract debt
is restored and the debt with interest would exceed the loan value of the
reinstated Contract, the excess must be paid to us before reinstatement. The
reinstatement date will be the date we approve your request. We will deduct all
required charges from your payment and the balance will be placed into your
Contract Fund. If we approve the reinstatement, we will credit the Contract Fund
with an amount equal to the surrender charge applicable as of the date of
reinstatement.

Increases in Basic Insurance Amount

Subject to state approval and subject to the underwriting requirements
determined by Pruco Life, after the first Contract anniversary, you may increase
the amount of insurance by increasing the basic insurance amount of the
Contract, thus, creating an additional coverage segment.

The following conditions must be met:

     (1)  you must ask for the change in a form that meets Pruco Life's needs;
     (2)  the amount of the increase must be at least equal to the minimum
          increase in basic insurance amount shown under Contract Limitations in
          your Contract data pages;

     (3)  you must prove to us that the insured is insurable for any increase;
     (4)  the Contract must not be in default;
     (5)  we must not be paying premiums into the Contract as a result of the
          insured's total disability; and
     (6)  if we ask you to do so, you must send us the Contract to be endorsed.

If we approve the change, we will send you new Contract data pages showing the
amount and effective date of the change and the recomputed charges, values and
limitations. If the insured is not living on the effective date, the change will
not take effect. No administrative processing charge is currently being made in
connection with an increase in basic insurance amount. However, we reserve the
right to make such a charge in an amount of up to $25.

The Sales Load Target Premium is calculated separately for each coverage
segment. When premiums are paid, each payment is allocated to each coverage
segment based on the proportion of the Sales Load Target Premium in each segment
to the total Sales Load Target Premiums of all segments. Currently, the sales
load charge for each segment is equal to 4% of the allocated premium paid in
each Contract year up to the Sales Load Target Premium and 2% of allocated
premiums paid in excess of this amount for the first 10 Contract years; 0%
thereafter. See the definition of

                                       27


Contract year for an increase in basic insurance amount under DEFINITIONS OF
SPECIAL TERMS USED IN THIS PROSPECTUS, page 1.

Each coverage segment will have its own surrender charge period beginning on
that segment's effective date and its own surrender charge threshold. The
surrender charge threshold is the segment's lowest coverage amount since its
effective date. See Decreases in Basic Insurance Amount, below, and Surrender
Charges, page 14.

The COI rates for a coverage segment representing an increase in basic insurance
amount are based upon 1980 CSO Tables, the age at the segment's effective date
and the number of years since then, sex (except where unisex rates apply);
smoker/nonsmoker status, and extra rating class, if any. The net amount at risk
for the whole contract (the death benefit minus the Contract Fund) is allocated
to each coverage segment based on the proportion of its basic insurance amount
to the total of all coverage segments. In addition, the attained age factor for
a Contract with an increase in basic insurance amount is based on the Insured's
attained age for the initial coverage segment. For a description of attained age
factor, see How a Type A (Fixed) Contract's Death Benefit Will Vary, page 23,
How a Type B (Variable) Contract's Death Benefit Will Vary, page 24, and How a
Type C (Return of Premium) Contract's Death Benefit Will Vary, page 25.

Each Contract owner who elects to increase the basic insurance amount of his or
her Contract will receive a "free-look" right which will apply only to the
increase in basic insurance amount, not the entire Contract. This right is
comparable to the right afforded to a purchaser of a new Contract except that,
any cost of insurance charge for the increase in the basic insurance amount will
be returned to the Contract Fund instead of a refund of premium. See Short-Term
Cancellation Right or "Free-Look", page 15. Generally, the "free-look" right
would have to be exercised no later than 10 days after receipt of the Contract
as increased.

An increase in basic insurance amount may cause the Contract to be classified as
a Modified Endowment Contract. See Tax Treatment of Contract Benefits, page 33.
Therefore, before increasing the basic insurance amount, you should consult with
your tax adviser and your Pruco Life representative.

Decreases in Basic Insurance Amount

As explained earlier, you may make a withdrawal. See Withdrawals, page 26. You
also have the option of decreasing the basic insurance amount of your Contract
without withdrawing any cash surrender value at any time after the first
Contract anniversary. Contract owners who conclude that, because of changed
circumstances, the amount of insurance is greater than needed will be able to
decrease their amount of insurance protection, and the monthly deductions for
the cost of insurance. The amount of the decrease must be at least equal to the
minimum decrease in basic insurance amount shown under Contract Limitations in
your Contract data pages.

In addition, the basic insurance amount after the decrease must be at least
equal to the minimum basic insurance amount shown under Contract Limitations in
your Contract data pages. No administrative processing charge is currently being
made in connection with a decrease in basic insurance amount. However, we
reserve the right to make such a charge in an amount of up to $25. See Charges
and Expenses, page 11. If we ask you to, you must send us your Contract to be
endorsed. The Contract will be amended to show the new basic insurance amount,
charges, values in the appropriate tables and the effective date of the
decrease. A decrease will not take effect if the insured is not living on the
effective date.

For Contracts with more than one coverage segment, a decrease in basic insurance
amount will reduce each coverage segment based on the proportion of the coverage
segment amount to the total of all coverage segment amounts in effect just
before the change. Each coverage segment will have its own surrender charge
threshold equal to the segment's lowest coverage amount since its effective
date. If the decrease in basic insurance amount reduces a coverage segment to an
amount equal to or greater than its surrender charge threshold, we will not
impose a surrender charge. However, if the decrease in basic insurance amount
reduces a coverage segment below its threshold, we will subtract the new
coverage segment amount from the threshold amount. We will then multiply the
surrender charge by the lesser of this difference and the amount of the
decrease, divide by the threshold amount, and deduct the result from the
Contract Fund. See Surrender Charges, page 14.

We may decline a reduction if we determine it would cause the Contract to fail
to qualify as "life insurance" for purposes of Section 7702 of the Internal
Revenue Code. In addition, it is important to note that if the basic insurance

                                       28


amount is decreased, there is a possibility that the Contract will be classified
as a Modified Endowment Contract. See Tax Treatment of Contract Benefits, page
33. Before requesting any decrease in basic insurance amount, you should consult
with your tax adviser and your Pruco Life representative.

When Proceeds Are Paid

Pruco Life will generally pay any death benefit, cash surrender value, loan
proceeds or withdrawal within seven days after all the documents required for
such a payment are received at a Home Office. Other than the death benefit,
which is determined as of the date of death, the amount will be determined as of
the end of the valuation period in which the necessary documents are received at
a Home Office. However, Pruco Life may delay payment of proceeds from the
variable investment option[s] and the variable portion of the death benefit due
under the Contract if the disposal or valuation of the Account's assets is not
reasonably practicable because the New York Stock Exchange is closed for other
than a regular holiday or weekend, trading is restricted by the SEC, or the SEC
declares that an emergency exists.

With respect to the amount of any cash surrender value allocated to the
fixed-rate option, Pruco Life expects to pay the cash surrender value promptly
upon request. However, Pruco Life has the right to delay payment of such cash
surrender value for up to six months (or a shorter period if required by
applicable law). Pruco Life will pay interest of at least 3% a year if it delays
such a payment for 30 days or more (or a shorter period if required by
applicable law).

Living Needs Benefit

You may elect to add the Living Needs Benefit(SM) to your Contract at issue. The
benefit may vary by state. There is no charge for adding the benefit to the
Contract. However, an administrative charge (not to exceed $150) will be made at
the time the Living Needs Benefit is paid.

Subject to state regulatory approval, the Living Needs Benefit allows you to
elect to receive an accelerated payment of all or part of the Contract's death
benefit, adjusted to reflect current value, at a time when certain special needs
exist. The adjusted death benefit will always be less than the death benefit,
but will generally be greater than the Contract's cash surrender value. One or
both of the following options may be available. A Pruco Life representative
should be consulted as to whether additional options may be available.

Terminal Illness Option. This option is available if the insured is diagnosed as
terminally ill with a life expectancy of six months or less. When satisfactory
evidence is provided, Pruco Life will provide an accelerated payment of the
portion of the death benefit selected by the Contract owner as a Living Needs
Benefit. The Contract owner may (1) elect to receive the benefit in a single sum
or (2) receive equal monthly payments for six months. If the insured dies before
all the payments have been made, the present value of the remaining payments
will be paid to the beneficiary designated in the Living Needs Benefit claim
form in a single sum.

Nursing Home Option. This option is available after the insured has been
confined to an eligible nursing home for six months or more. When satisfactory
evidence is provided, including certification by a licensed physician, that the
insured is expected to remain in the nursing home until death, Pruco Life will
provide an accelerated payment of the portion of the death benefit selected by
the Contract owner as a Living Needs Benefit. The Contract owner may (1) elect
to receive the benefit in a single sum or (2) receive equal monthly payments for
a specified number of years (not more than 10 nor less than 2), depending upon
the age of the insured. If the insured dies before all of the payments have been
made, the present value of the remaining payments will be paid to the
beneficiary designated in the Living Needs Benefit claim form in a single sum.

Subject to state approval, all or part of the Contract's death benefit may be
accelerated under the Living Needs Benefit. If the benefit is only partially
accelerated, a death benefit of at least $25,000 must remain under the Contract.
Pruco Life reserves the right to determine the minimum amount that may be
accelerated.

No benefit will be payable if you are required to elect it in order to meet the
claims of creditors or to obtain a government benefit. Pruco Life can furnish
details about the amount of Living Needs Benefit that is available to an
eligible Contract owner, and the effect on the Contract if less than the entire
death benefit is accelerated.

                                       29


You should consider whether adding this settlement option is appropriate in your
given situation. Adding the Living Needs Benefit to the Contract has no adverse
consequences; however, electing to use it could. With the exception of certain
business-related Contracts, the Living Needs Benefit is excluded from income if
the insured is terminally ill or chronically ill as defined in the tax law
(although the exclusion in the latter case may be limited). You should consult a
qualified tax adviser before electing to receive this benefit. Receipt of a
Living Needs Benefit payment may also affect your eligibility for certain
government benefits or entitlements.

Illustrations of Cash Surrender Values, Death Benefits, and Accumulated Premiums

The following tables (pages T1 through T10) show how a Contract's death benefit
and cash surrender values change with the investment experience of the Account.
They are "hypothetical" because they are based, in part, upon several
assumptions, which are described below. All ten tables assume the following:

 .    a Contract bought by a 35 year old male, Preferred Best, with no extra
     risks or substandard ratings.

 .    a given premium amount is paid on each Contract anniversary and no loans
     are taken.

 .    the Contract Fund has been invested in equal amounts in each of the 16
     portfolios of the Series Fund and no portion of the Contract Fund has been
     allocated to the fixed-rate option.

The first two tables (pages T1 and T2) assume: (1) a Type A (fixed) Contract has
been purchased, (2) a $250,000 basic insurance amount and no riders have been
added to the Contract, and (3) a Cash Value Accumulation Test has been elected
for definition of life insurance testing. See Tax Treatment of Contract
Benefits, page 33 and Types of Death Benefit, page 15. The first table assumes
current charges will continue for the indefinite future while the second table
assumes maximum contractual charges have been made from the beginning. See
Charges and Expenses, page 11.

The third and fourth tables (pages T3 and T4) assume: (1) a Type A (fixed)
Contract has been purchased, (2) a $100,000 basic insurance amount and a
$150,000 Target Term Rider has been added to the Contract, and (3) a Cash Value
Accumulation Test has been elected for definition of life insurance testing. See
Tax Treatment of Contract Benefits, page 33 and Types of Death Benefit, page 15.
The third table assumes current charges will continue for the indefinite future
while the fourth table assumes maximum contractual charges have been made from
the beginning. See Charges and Expenses, page 11.

The next two tables (pages T5 and T6) assume: (1) a Type A (fixed) Contract has
been purchased, (2) a $250,000 basic insurance amount and no riders have been
added to the Contract, and (3) a Guideline Premium Test has been elected for
definition of life insurance testing. See Tax Treatment of Contract Benefits,
page 33 and Types of Death Benefit, page 15. The fifth table assumes current
charges will continue for the indefinite future while the sixth table assumes
maximum contractual charges have been made from the beginning. See Charges and
Expenses, page 11.

The tables on pages T7 and T8 assume: (1) a Type B (variable) Contract has been
purchased, (2) a $250,000 basic insurance amount and no riders have been added
to the Contract, and (3) a Cash Value Accumulation Test has been elected for
definition of life insurance testing. See Tax Treatment of Contract Benefits,
page 33 and Types of Death Benefit, page 15. The table on page T7 assumes
current charges will continue for the indefinite future while the table on page
T8 assumes maximum contractual charges have been made from the beginning. See
Charges and Expenses, page 11.

The last two tables (pages T9 and T10) assume: (1) a Type C (return of premium)
Contract has been purchased, (2) a $250,000 basic insurance amount and no riders
have been added to the Contract, and (3) a Cash Value Accumulation Test has been
elected for definition of life insurance testing. See Tax Treatment of Contract
Benefits, page 33 and Types of Death Benefit, page 15. The table on page T9
assumes current charges will continue for the indefinite future while the table
on page T10 assumes maximum contractual charges have been made from the
beginning. See Charges and Expenses, page 11.

Finally, there are three assumptions, shown separately, about the average
investment performance of the portfolios. The first is that there will be a
uniform 0% gross rate of return with the average value of the Contract Fund
uniformly adversely affected by very unfavorable investment performance. The
other two assumptions are that investment

                                       30


performance will be at a uniform gross annual rate of 6% and 12%. Actual returns
will fluctuate from year to year. In addition, death benefits and cash surrender
values would be different from those shown if investment returns averaged 0%, 6%
and 12% but fluctuated from those averages throughout the years. Nevertheless,
these assumptions help show how the Contract values will change with investment
experience.

The first column of the following illustrations (pages T1 through T10) shows the
Contract year. The second column, to provide context, shows what the aggregate
amount would be if the premiums had been invested to earn interest, after taxes,
at 4% compounded annually. The next four columns show the death benefit payable
in each of the years shown for the three different assumed investment returns.
The last four columns show the cash surrender value payable in each of the years
shown for the three different assumed investment returns. The cash surrender
values in the first 10 years reflect the surrender charges that would be
deducted if the Contract were surrendered in those years.

A gross return (as well as the net return) is shown at the top of each column.
The gross return represents the combined effect of investment income and capital
gains and losses, realized or unrealized, of the portfolios before any reduction
is made for investment advisory fees or other Series Fund expenses. The net
return reflects average total annual expenses of the 16 portfolios of 0.84%, and
the daily deduction from the Contract Fund of 0.25% per year for the tables
based on current charges and 0.45% per year for the tables based on maximum
charges. Thus, assuming current charges, gross returns of 0%, 6% and 12% are the
equivalent of net returns of -1.09%, 4.91% and 10.91%, respectively. Assuming
maximum charges, gross returns of 0%, 6% and 12% are the equivalent of net
returns of-1.29%, 4.71% and 10.71%, respectively. The actual fees and expenses
of the portfolios associated with a particular Contract may be more or less than
0.84% and will depend on which variable investment options are selected. The
death benefits and cash surrender values shown reflect the deduction of all
expenses and charges both from the Series Fund and under the Contract.

If you are considering the purchase of a variable life insurance contract from
another insurance company, you should not rely upon these tables for comparison
purposes. A comparison between two tables, each showing values for a 35 year old
man, may be useful for a 35 year old man but would be inaccurate if made for
insureds of other ages or sex. Your Pruco Life representative can provide you
with a hypothetical illustration for your own age, sex, and rating class.

                                       31


                                 ILLUSTRATIONS
                                 -------------
                PRULIFE CUSTOM PREMIER VARIABLE UNIVERSAL LIFE
                         CASH VALUE ACCUMULATION TEST
                         TYPE A (FIXED) DEATH BENEFIT
                       MALE PREFERRED BEST ISSUE AGE 35
                        $250,000 BASIC INSURANCE AMOUNT
             ASSUME PAYMENT OF $1,725 ANNUAL PREMIUMS IN ALL YEARS
                             USING CURRENT CHARGES


                                                Death Benefit (1)                            Surrender Value (1)
                                ---------------------------------------------------------------------------------------------
                                      Assuming Hypothetical Gross (and Net)         Assuming Hypothetical Gross (and Net)
                  Premiums                 Annual Investment Return of                   Annual Investment Return of
     End Of     Accumulated     ----------------------------------------------------------------------------------------------
     Policy    at 4% interest     0% Gross          6% Gross      12% Gross         0% Gross         6% Gross      12% Gross
      Year        Per Year      (-1.09%  Net)     (4.91% Net)    (10.91% Net)     (-1.109% Net)    (4.91% Net)    (10.91% Net)
    --------   -------------    ------------      -----------    -----------      -------------    -----------    ------------
                                                                                             
        1        $  1,794         $ 250,000         $250,000     $  250,000         $        0       $      0      $        0
        2        $  3,660         $ 250,000         $250,000     $  250,000         $        0       $      0      $      124
        3        $  5,600         $ 250,000         $250,000     $  250,000         $      814       $  1,173      $    1,564
        4        $  7,618         $ 250,000         $250,000     $  250,000         $    1,877       $  2,469      $    3,140
        5        $  9,717         $ 250,000         $250,000     $  250,000         $    2,930       $  3,819      $    4,868
        6        $ 11,900         $ 250,000         $250,000     $  250,000         $    4,391       $  5,657      $    7,207
        7        $ 14,170         $ 250,000         $250,000     $  250,000         $    5,836       $  7,574      $    9,780
        8        $ 16,530         $ 250,000         $250,000     $  250,000         $    7,264       $  9,572      $   12,609
        9        $ 18,986         $ 250,000         $250,000     $  250,000         $    8,672       $ 11,653      $   15,720
       10        $ 21,539         $ 250,000         $250,000     $  250,000         $   10,060       $ 13,820      $   19,143
       15        $ 35,922         $ 250,000         $250,000     $  250,000         $   16,191       $ 25,655      $   41,922
       20        $ 53,422         $ 250,000         $250,000     $  250,000         $   21,212       $ 39,852      $   79,342
       25        $ 74,713         $ 250,000         $250,000     $  280,004         $   24,622       $ 56,619      $  141,416
       30        $100,616         $ 250,000         $250,000     $  421,337         $   25,768       $ 76,214      $  243,548
       35        $132,132         $ 250,000         $250,000     $  632,234         $   24,029       $ 99,337      $  410,541
       40        $170,476         $ 250,000         $250,000     $  948,246         $   17,172       $126,284      $  682,191
       45        $217,127         $250,000(2)       $250,000     $1,436,304         $    1,794(2)    $158,245      $1,122,113


    (1) Assumes no Contract Loan has been made.

    (2) Based on a gross return of 0%, the Contract would go into default in
        policy year 46, unless an additional premium payment was made.

 The hypothetical investment rates of return shown above and elsewhere in this
prospectus are illustrative only and should not be deemed a representation of
past or future investment rates of return. Actual rates of return may be more or
less than those shown and will depend on a number of factors including the
investment allocations made by an owner, prevailing interest rates, and rates of
inflation. The death benefit and cash surrender value for a contract would be
different from those shown if the actual rates of return averaged 0%, 6%, 12%
over a period of years, but also fluctuated above or below those averages for
individual contract years. No representations can be made by Pruco Life or the
Series Fund that these hypothetical rates of return can be achieved for any one
year or sustained over any period of time.

                                       T1


                PRULIFE CUSTOM PREMIER VARIABLE UNIVERSAL LIFE
                         CASH VALUE ACCUMULATION TEST
                         TYPE A (FIXED) DEATH BENEFIT
                       MALE PREFERRED BEST ISSUE AGE 35
                        $250,000 BASIC INSURANCE AMOUNT
             ASSUME PAYMENT OF $1,725 ANNUAL PREMIUMS IN ALL YEARS
                             USING MAXIMUM CHARGES



                                                Death Benefit (1)                            Surrender Value (1)
                                ---------------------------------------------------------------------------------------------
                                      Assuming Hypothetical Gross (and Net)         Assuming Hypothetical Gross (and Net)
                  Premiums                 Annual Investment Return of                   Annual Investment Return of
     End Of     Accumulated     ----------------------------------------------------------------------------------------------
     Policy    at 4% interest     0% Gross          6% Gross      12% Gross         0% Gross         6% Gross      12% Gross
      Year        Per Year      (-1.209%  Net)     (4.71% Net)    (10.71% Net)     (-1.29% Net)    (4.71% Net)    (10.71% Net)
    --------   -------------    ------------      -----------    -----------      -------------    -----------    ------------
                                                                                             
        1        $  1,794         $ 250,000         $250,000      $  250,000        $        0       $      0      $        0
        2        $  3,660         $ 250,000         $250,000      $  250,000        $        0       $      0      $        0
        3        $  5,600         $ 250,000         $250,000      $  250,000        $      258       $      0      $      161
        4        $  7,618         $ 250,000         $250,000      $  250,000        $      827       $    641      $    1,082
        5        $  9,717         $ 250,000         $250,000      $  250,000        $    1,768       $  1,381      $    2,045
        6        $ 11,900         $ 250,000         $250,000      $  250,000        $    2,657       $  2,535      $    3,493
        7        $ 14,170         $ 250,000         $250,000      $  250,000        $    3,493       $  3,693      $    5,032
        8        $ 16,530         $ 250,000         $250,000      $  250,000        $    4,271       $  4,851      $    6,670
        9        $ 18,986         $ 250,000         $250,000      $  250,000        $    4,988       $  6,004      $    8,415
       10        $ 21,539         $ 250,000         $250,000      $  250,000        $    6,686       $  7,149      $   10,271
       15        $ 35,922         $ 250,000         $250,000      $  250,000        $    5,565       $ 11,733      $   20,752
       20        $ 53,422         $ 250,000         $250,000      $  250,000        $        0       $ 14,518      $   35,134
       25        $ 74,713         $ 250,000         $250,000      $  250,000        $        0       $ 13,052      $   54,709
       30        $100,616         $ 250,000         $250,000      $  250,000        $        0(2)    $  2,302      $   81,295
       35        $132,132         $       0(2)      $      0(2)   $  250,000        $        0       $      0(2)   $  118,261
       40        $170,476         $       0         $      0      $  250,000        $        0       $      0      $  175,700
       45        $217,127         $       0         $      0      $  343,438        $    1,794       $      0      $  268,311


    (1) Assumes no Contract Loan has been made.

    (2) Based on a gross return of 0%, the Contract would go into default in
        policy year 31, unless an additional premium payment was made.
        Based on a gross return of 6%, the Contract would go into default in
        policy year 31, unless an additional premium payment was made.


  The hypothetical investment rates of return shown above and elsewhere in this
prospectus are illustrative only and should not be deemed a representation of
past or future investment rates of return. Actual rates of return may be more or
less than those shown and will depend on a number of factors including the
investment allocations made by an owner, prevailing interest rates, and rates of
inflation. The death benefit and cash surrender value for a contract would be
different from those shown if the actual rates of return averaged 0%, 6%, 12%
over a period of years, but also fluctuated above or below those averages for
individual contract years. No representations can be made by Pruco Life or the
Series Fund that these hypothetical rates of return can be achieved for any one
year or sustained over any period of time.

                                       T2


                PRULIFE CUSTOM PREMIER VARIABLE UNIVERSAL LIFE
                         CASH VALUE ACCUMULATION TEST
                         TYPE A (FIXED) DEATH BENEFIT
                       MALE PREFERRED BEST ISSUE AGE 35
$250,000 TARGET COVERAGE AMOUNT($100,000 BASIC INSURANCE AMOUNT, $150,000 TARGET
                                  TERM RIDER)
            ASSUME PAYMENT OF $1,725 ANNUAL PREMIUMS FOR ALL YEARS
                             USING CURRENT CHARGES



                                                 Death Benefit (1)                            Surrender Value (1)
                                ---------------------------------------------------------------------------------------------
                                      Assuming Hypothetical Gross (and Net)         Assuming Hypothetical Gross (and Net)
                  Premiums                 Annual Investment Return of                   Annual Investment Return of
     End Of     Accumulated     ----------------------------------------------------------------------------------------------
     Policy    at 4% interest     0% Gross          6% Gross      12% Gross         0% Gross         6% Gross      12% Gross
      Year        Per Year      (-1.09%  Net)     (4.91% Net)    (10.91% Net)     (-1.109% Net)    (4.91% Net)    (10.91% Net)
    --------   -------------    ------------      -----------    -----------      -------------    -----------    ------------
                                                                                             
       1         $  1,794        $250,000          $250,000       $  250,000        $      235      $    316       $      396
       2         $  3,660        $250,000          $250,000       $  250,000        $    1,395      $  1,625       $    1,865
       3         $  5,600        $250,000          $250,000       $  250,000        $    2,679      $  3,135       $    3,630
       4         $  7,618        $250,000          $250,000       $  250,000        $    3,945      $  4,710       $    5,573
       5         $  9,717        $250,000          $250,000       $  250,000        $    5,193      $  6,353       $    7,715
       6         $ 11,900        $250,000          $250,000       $  250,000        $    6,590      $  8,240       $   10,253
       7         $ 14,170        $250,000          $250,000       $  250,000        $    7,967      $ 10,210       $   13,054
       8         $ 16,530        $250,000          $250,000       $  250,000        $    9,321      $ 12,263       $   16,142
       9         $ 18,986        $250,000          $250,000       $  250,000        $   10,652      $ 14,404       $   19,550
      10         $ 21,539        $250,000          $250,000       $  250,000        $   11,957      $ 16,635       $   23,310
      15         $ 35,922        $250,000          $250,000       $  250,000        $   17,959      $ 29,192       $   48,862
      20         $ 53,422        $250,000          $250,000       $  250,000        $   22,898      $ 44,380       $   91,076
      25         $ 74,713        $250,000          $250,000       $  319,042        $   26,241      $ 62,453       $  161,132
      30         $100,616        $250,000          $250,000       $  477,504        $   27,337      $ 83,805       $  276,014
      35         $132,132        $250,000          $250,000       $  714,325        $   25,569      $109,343       $  463,848
      40         $170,476        $250,000          $250,000       $1,069,450        $   18,719      $139,775       $  769,389
      45         $217,127        $250,000 (2)      $250,000       $1,618,157        $    3,404 (2)  $177,093       $1,264,185
 

    (1) Assumes no Contract Loan has been made.

    (2) Based on a gross return of 0%, the Contract would go into default in
        policy year 46, unless an additional premium payment was made.

The hypothetical investment rates of return shown above and elsewhere in this
prospectus are illustrative only and should not be deemed a representation of
past or future investment rates of return. Actual rates of return may be more or
less than those shown and will depend on a number of factors including the
investment allocations made by an owner, prevailing interest rates, and rates of
inflation. The death benefit and cash surrender value for a contract would be
different from those shown if the actual rates of return averaged 0%, 6%, 12%
over a period of years, but also fluctuated above or below those averages for
individual contract years. No representations can be made by Pruco Life or the
Series Fund that these hypothetical rates of return can be achieved for any one
year or sustained over any period of time.

                                       T3


                PRULIFE CUSTOM PREMIER VARIABLE UNIVERSAL LIFE
                         CASH VALUE ACCUMULATION TEST
                         TYPE A (FIXED) DEATH BENEFIT
                       MALE PREFERRED BEST ISSUE AGE 35
$250,000 TARGET COVERAGE AMOUNT($100,000 BASIC INSURANCE AMOUNT, $150,000 TARGET
                                  TERM RIDER)
            ASSUME PAYMENT OF $1,725 ANNUAL PREMIUMS FOR ALL YEARS
                             USING MAXIMUM CHARGES



                                                 Death Benefit (1)                            Surrender Value (1)
                                ---------------------------------------------------------------------------------------------
                                      Assuming Hypothetical Gross (and Net)         Assuming Hypothetical Gross (and Net)
                  Premiums                 Annual Investment Return of                   Annual Investment Return of
     End Of     Accumulated     ----------------------------------------------------------------------------------------------
     Policy    at 4% interest     0% Gross          6% Gross      12% Gross         0% Gross         6% Gross      12% Gross
      Year        Per Year      (-1.29%  Net)     (4.71% Net)    (10.71% Net)     (-1.29% Net)    (4.71% Net)    (10.71% Net)
    --------   -------------    ------------      -----------    -----------      -------------    -----------    ------------
                                                                                             
       1         $  1,794        $250,000          $250,000        $250,000           $    0          $     0        $      0
       2         $  3,660        $250,000          $250,000        $250,000           $    0          $   117        $    259
       3         $  5,600        $250,000          $250,000        $250,000           $  519          $   762        $  1,030
       4         $  7,618        $250,000          $250,000        $250,000           $1,018          $ 1,401        $  1,842
       5         $  9,717        $250,000          $250,000        $250,000           $1,478          $ 2,032        $  2,696
       6         $ 11,900        $250,000          $250,000        $250,000           $2,060          $ 2,820        $  3,769
       7         $ 14,170        $250,000          $250,000        $250,000           $2,593          $ 3,597        $  4,904
       8         $ 16,530        $250,000          $250,000        $250,000           $3,075          $ 4,361        $  6,105
       9         $ 18,986        $250,000          $250,000        $250,000           $3,501          $ 5,107        $  7,375
      10         $ 21,539        $250,000          $250,000        $250,000           $3,868          $ 5,828        $  8,718
      15         $ 35,922        $250,000          $250,000        $250,000           $5,512          $ 9,896        $ 17,931
      20         $ 53,422        $250,000          $250,000        $250,000           $4,430          $12,133        $ 30,295
      25         $ 74,713        $      0(2)       $250,000        $250,000           $    0(2)       $ 9,895        $ 46,247
      30         $100,616        $      0          $      0(2)     $250,000           $    0          $     0(2)     $ 66,015
      35         $132,132        $      0          $      0        $250,000           $    0          $     0        $ 89,122
      40         $170,476        $      0          $      0        $250,000           $    0          $     0        $114,874
      45         $217,127        $      0          $      0        $250,000           $    0          $     0        $142,191


    (1) Assumes no Contract Loan has been made.

    (2) Based on a gross return of 0%, the Contract would go into default in
        policy year 25, unless an additional premium payment was made.
        Based on a gross return of 6%, the Contract would go into default in
        policy year 30, unless an additional premium payment was made.

  The hypothetical investment rates of return shown above and elsewhere in this
prospectus are illustrative only and should not be deemed a representation of
past or future investment rates of return. Actual rates of return may be more or
less than those shown and will depend on a number of factors including the
investment allocations made by an owner, prevailing interest rates, and rates of
inflation. The death benefit and cash surrender value for a contract would be
different from those shown if the actual rates of return averaged 0%, 6%, 12%
over a period of years, but also fluctuated above or below those averages for
individual contract years. No representations can be made by Pruco Life or the
Series Fund that these hypothetical rates of return can be achieved for any one
year or sustained over any period of time.

                                       T4


                 PRULIFE CUSTOM PREMIER VARIABLE UNIVERSAL LIFE
                             GUIDELINE PREMIUM TEST
                          TYPE A (FIXED) DEATH BENEFIT
                        MALE PREFERRED BEST ISSUE AGE 35
                        $250,000 BASIC INSURANCE AMOUNT
             ASSUME PAYMENT OF $1,725 ANNUAL PREMIUMS FOR ALL YEARS
                             USING CURRENT CHARGES



                                           Death Benefit (1)                                  Surrender Value (1)
                           --------------------------------------------------------------------------------------------
                                         Assuming Hypothetical                   Assuming Hypothetical
                                            Gross (and Net)                         Gross (and Net)
              Premiums         Annual Investment Return of                       Annual Investment Return of
  End Of     Accumulated   --------------------------------------------------------------------------------------------
  Policy   at 4% Interest     0% Gross        6% Gross      12% Gross        0% Gross       6% Gross       12% Gross
   Year      Per Year       (-1.09% Net)    (4.91% Net)    (10.91% Net)    (-1.09% Net)   (4.91% Net)    (10.91% Net)
 --------  --------------  ---------------------------------------------  ---------------------------------------------
                                                                                    
     1      $      1,794    $   250,000     $   250,000    $    250,000    $         0    $         0    $          0
     2      $      3,660    $   250,000     $   250,000    $    250,000    $         0    $         0    $        124
     3      $      5,600    $   250,000     $   250,000    $    250,000    $       814    $     1,173    $      1,564
     4      $      7,618    $   250,000     $   250,000    $    250,000    $     1,877    $     2,469    $      3,140
     5      $      9,717    $   250,000     $   250,000    $    250,000    $     2,930    $     3,819    $      4,868
     6      $     11,900    $   250,000     $   250,000    $    250,000    $     4,391    $     5,657    $      7,207
     7      $     14,170    $   250,000     $   250,000    $    250,000    $     5,836    $     7,574    $      9,780
     8      $     16,530    $   250,000     $   250,000    $    250,000    $     7,264    $     9,572    $     12,609
     9      $     18,986    $   250,000     $   250,000    $    250,000    $     8,672    $    11,653    $     15,720
    10      $     21,539    $   250,000     $   250,000    $    250,000    $    10,060    $    13,820    $     19,143
    15      $     35,922    $   250,000     $   250,000    $    250,000    $    16,191    $    25,655    $     41,922
    20      $     53,422    $   250,000     $   250,000    $    250,000    $    21,212    $    39,852    $     79,342
    25      $     74,713    $   250,000     $   250,000    $    250,000    $    24,622    $    56,619    $    141,472
    30      $    100,616    $   250,000     $   250,000    $    300,299    $    25,768    $    76,214    $    246,147
    35      $    132,132    $   250,000     $   250,000    $    488,644    $    24,029    $    99,337    $    421,245
    40      $    170,476    $   250,000     $   250,000    $    763,376    $    17,172    $   126,284    $    713,436
    45      $    217,127    $   250,000     $   250,000(2) $  1,262,965    $     1,794(2) $   158,245    $  1,202,824



   (1) Assumes no Contract Loan has been made.

   (2) Based on a gross return of 0%, the Contract would go into default in
       policy year 46, unless an additional premium payment was made.

  The hypothetical investment rates of return shown above and elsewhere in this
prospectus are illustrative only and should not be deemed a representation of
past or future investment rates of return.  Actual rates of return may be more
or less than those shown and will depend on a number of factors including the
investment allocations made by an owner, prevailing interest rates, and rates of
inflation.  The death benefit and cash surrender value for a contract would be
different from those shown if the actual rates of return averaged 0%, 6%, 12%
over a period of years, but also fluctuated above or below those averages for
individual contract years. No representations can be made by Pruco Life or the
Series Fund that these hypothetical rates of return can be achieved for any one
year or sustained over any period of time.

                                       T5


                 PRULIFE CUSTOM PREMIER VARIABLE UNIVERSAL LIFE
                             GUIDELINE PREMIUM TEST
                          TYPE A (FIXED) DEATH BENEFIT
                        MALE PREFERRED BEST ISSUE AGE 35
                        $250,000 BASIC INSURANCE AMOUNT
             ASSUME PAYMENT OF $1,725 ANNUAL PREMIUMS IN ALL YEARS
                             USING MAXIMUM CHARGES


                                           Death Benefit (1)                              Surrender Value (1)
                           --------------------------------------------------------------------------------------------
                                Assuming Hypothetical Gross (and Net)          Assuming Hypothetical Gross (and Net)
              Premiums              Annual Investment Return of                     Annual Investment Return of
  End Of     Accumulated   --------------------------------------------------------------------------------------------
  Policy   at 4% Interest     0% Gross        6% Gross      12% Gross        0% Gross       6% Gross       12% Gross
   Year      Per Year       (-1.09% Net)    (4.91% Net)    (10.91% Net)    (-1.09% Net)   (4.91% Net)    (10.91% Net)
 --------  --------------  ---------------------------------------------  ---------------------------------------------
                                                                                    
     1     $       1,794   $   250,000      $  250,000       $  250,000    $      0      $      0        $         0
     2     $       3,660   $   250,000      $  250,000       $  250,000    $      0      $      0        $         0
     3     $       5,600   $   250,000      $  250,000       $  250,000    $      0      $      0        $       161
     4     $       7,618   $   250,000      $  250,000       $  250,000    $    258      $    641        $     1,082
     5     $       9,717   $   250,000      $  250,000       $  250,000    $    827      $  1,381        $     2,045
     6     $      11,900   $   250,000      $  250,000       $  250,000    $  1,768      $  2,535        $     3,493
     7     $      14,170   $   250,000      $  250,000       $  250,000    $  2,657      $  3,693        $     5,032
     8     $      16,530   $   250,000      $  250,000       $  250,000    $  3,493      $  4,851        $     6,670
     9     $      18,986   $   250,000      $  250,000       $  250,000    $  4,271      $  6,004        $     8,415
    10     $      21,539   $   250,000      $  250,000       $  250,000    $  4,988      $  7,149        $    10,271
    15     $      35,922   $   250,000      $  250,000       $  250,000    $  6,686      $ 11,733        $    20,752
    20     $      53,422   $   250,000      $  250,000       $  250,000    $  5,565      $ 14,518        $    35,134
    25     $      74,713   $   250,000      $  250,000       $  250,000    $      0      $ 13,052        $    54,709
    30     $     100,616   $   250,000      $  250,000       $  250,000    $      0      $  2,306        $    81,295
    35     $     132,132   $         0(2)   $        0(2)    $  250,000    $      0(2)   $      0(2)     $   118,261
    40     $     170,476   $         0      $        0       $  250,000    $      0      $      0        $   175,700
    45     $     217,127   $         0      $        0       $  299,609    $      0      $      0        $   285,342


 (1)  Assumes no Contract Loan has been made.

 (2)  Based on a gross return of 0%, the Contract would go into default in
      policy year 31, unless an additional premium payment was made.
      Based on a gross return of 6%, the Contract would go into default in
      policy year 31, unless an additional premium payment was made.


  The hypothetical investment rates of return shown above and elsewhere in this
prospectus are illustrative only and should not be deemed a representation of
past or future investment rates of return. Actual rates of return may be more or
less than those shown and will depend on a number of factors including the
investment allocations made by an owner, prevailing interest rates, and rates of
inflation. The death benefit and cash surrender value for a contract would be
different from those shown if the actual rates of return averaged 0%, 6%, 12%
over a period of years, but also fluctuated above or below those averages for
individual contract years. No representations can be made by Pruco Life or the
Series Fund that these hypothetical rates of return can be achieved for any one
year or sustained over any period of time.

                                       T6


                 PRULIFE CUSTOM PREMIER VARIABLE UNIVERSAL LIFE
                          CASH VALUE ACCUMULATION TEST
                        TYPE B (VARIABLE) DEATH BENEFIT
                        MALE PREFERRED BEST ISSUE AGE 35
                        $250,000 BASIC INSURANCE AMOUNT
             ASSUME PAYMENT OF $1,725 ANNUAL PREMIUMS FOR ALL YEARS
                             USING CURRENT CHARGES



                                              Death Benefit (1)                                  Surrender Value (1)
                                             -------------------                                ---------------------
                                   Assuming Hypothetical Gross (and Net)               Assuming Hypothetical Gross (and Net)
                Premiums               Annual Investment Return of                         Annual Investment Return of
  End Of      Accumulated    ------------------------------------------------   --------------------------------------------------
  Policy     at 4% Interest     0% Gross          6% Gross         12% Gross       0% Gross           6% Gross          12% Gross
   Year         Per Year      (-1.09% Net)       (4.91% Net)      (10.91% Net)   (-1.09% Net)        (4.91% Net)       (10.91% Net)
- ----------   --------------  -------------------------------------------------  ---------------------------------------------------
                                                                                                  
     1        $      1,794   $  250,750         $    250,818      $    250,888   $       0         $          0        $          0
     2        $      3,660   $  251,490         $    251,676      $    251,871   $       0         $          0        $        121
     3        $      5,600   $  252,366         $    252,723      $    253,114   $     811         $      1,168        $      1,558
     4        $      7,618   $  253,231         $    253,822      $    254,492   $   1,871         $      2,461        $      3,131
     5        $      9,717   $  254,087         $    254,974      $    256,020   $   2,921         $      3,807        $      4,853
     6        $     11,900   $  255,350         $    256,612      $    258,158   $   4,378         $      5,640        $      7,186
     7        $     14,170   $  256,596         $    258,328      $    260,526   $   5,818         $      7,550        $      9,748
     8        $     16,530   $  257,824         $    260,123      $    263,147   $   7,241         $      9,540        $     12,564
     9        $     18,986   $  259,032         $    261,999      $    266,047   $   8,643         $     11,611        $     15,658
    10        $     21,539   $  260,217         $    263,959      $    269,254   $  10,023         $     13,764        $     19,060
    15        $     35,922   $  266,090         $    275,475      $    291,598   $  16,090         $     25,475        $     41,598
    20        $     53,422   $  270,971         $    289,340      $    328,222   $  20,971         $     39,340        $     78,222
    25        $     74,713   $  274,071         $    305,211      $    387,679   $  24,071         $     55,211        $    137,679
    30        $    100,616   $  274,645         $    322,656      $    484,329   $  24,645         $     72,656        $    234,329
    35        $    132,132   $  272,044         $    341,202      $    642,379   $  22,044         $     91,202        $    392,379
    40        $    170,476   $  264,038         $    358,409      $    904,033   $  14,038         $    108,409        $    650,383
    45        $    217,127   $        0 (2)     $    370,362 (2)  $  1,369,764   $       0 (2)     $    120,362 (2)    $  1,070,128
 

  (1)  Assumes no Contract Loan has been made.

  (2)  Based on a gross return of 0%, the Contract would go into default in
       policy year 45, unless an additional premium payment was made.
       Based on a gross return of 6%, the Contract would go into default in
       policy year 63, unless an additional premium payment was made.

  The hypothetical investment rates of return shown above and elsewhere in this
prospectus are illustrative only and should not be deemed a representation of
past or future investment rates of return. Actual rates of return may be more or
less than those shown and will depend on a number of factors including the
investment allocations made by an owner, prevailing interest rates, and rates of
inflation. The death benefit and cash surrender value for a contract would be
different from those shown if the actual rates of return averaged 0%, 6%, 12%
over a period of years, but also fluctuated above or below those averages for
individual contract years. No representations can be made by Pruco Life or the
Series Fund that these hypothetical rates of return can be achieved for any one
year or sustained over any period of time.

                                       T7


                 PRULIFE CUSTOM PREMIER VARIABLE UNIVERSAL LIFE
                          CASH VALUE ACCUMULATION TEST
                        TYPE B (VARIABLE) DEATH BENEFIT
                        MALE PREFERRED BEST ISSUE AGE 35
                        $250,000 BASIC INSURANCE AMOUNT
             ASSUME PAYMENT OF $1,725 ANNUAL PREMIUMS FOR ALL YEARS
                             USING MAXIMUM CHARGES



                                               Death Benefit (1)                              Surrender Value (1)
                            --------------------------------------------------------------------------------------------------------
                                   Assuming Hypothetical Gross (and Net)             Assuming Hypothetical Gross (and Net)
               Premiums                 Annual Investment Return of                       Annual Investment Return of
  End Of     Accumulated    --------------------------------------------------------------------------------------------------------
  Policy    at 4% Interest      0% Gross          6% Gross       12% Gross        0% Gross           6% Gross           12% Gross
   Year        Per Year       (-1.29% Net)      (4.71% Net)     (10.71% Net)    (-1.29% Net)        (4.71% Net)        (10.71% Net)
- ---------  ---------------  -------------------------------------------------  -----------------------------------------------------
                                                                                                 
     1      $    1,794      $  250,389         $ 250,444       $  250,499      $      0           $       0              $     0
     2      $    3,660      $  250,752         $ 250,885       $  251,027      $      0           $       0              $     0
     3      $    5,600      $  251,199         $ 251,440       $  251,707      $      0           $       0              $   152
     4      $    7,618      $  251,608         $ 251,988       $  252,426      $    247           $     627              $ 1,065
     5      $    9,717      $  251,977         $ 252,526       $  253,184      $    810           $   1,359              $ 2,018
     6      $   11,900      $  252,716         $ 253,476       $  254,424      $  1,744           $   2,504              $ 3,452
     7      $   14,170      $  253,401         $ 254,425       $  255,748      $  2,624           $   3,647              $ 4,971
     8      $   16,530      $  254,031         $ 255,370       $  257,165      $  3,448           $   4,787              $ 6,581
     9      $   18,986      $  254,600         $ 256,306       $  258,677      $  4,211           $   5,917              $ 8,288
    10      $   21,539      $  255,105         $ 257,228       $  260,292      $  4,911           $   7,033              $10,097
    15      $   35,922      $  256,478         $ 261,351       $  270,046      $  6,478           $  11,351              $20,046
    20      $   53,422      $  255,155         $ 263,547       $  282,839      $  5,155           $  13,547              $32,839
    25      $   74,713      $        0 (2)     $ 260,987       $  298,000      $      0 (2)       $  10,987              $48,000
    30      $  100,616      $        0         $       0 (2)   $  312,991      $      0           $       0(2)           $62,991
    35      $  132,132      $        0         $       0       $  320,460      $      0           $       0              $70,460
    40      $  170,476      $        0         $       0       $  304,017      $      0           $       0              $54,017
    45      $  217,127      $        0         $       0       $        0 (2)  $      0           $       0              $     0 (2)


  (1)  Assumes no Contract Loan has been made.

  (2)  Based on a gross return of 0%, the Contract would go into default in
       policy year 25, unless an additional premium payment was made.
       Based on a gross return of 6%, the Contract would go into default in
       policy year 30, unless an additional premium payment was made.
       Based on a gross return of 12%, the Contract would go into default in
       policy year 45, unless an additional premium payment was made.

  The hypothetical investment rates of return shown above and elsewhere in this
prospectus are illustrative only and should not be deemed a representation of
past or future investment rates of return. Actual rates of return may be more or
less than those shown and will depend on a number of factors including the
investment allocations made by an owner, prevailing interest rates, and rates of
inflation. The death benefit and cash surrender value for a contract would be
different from those shown if the actual rates of return averaged 0%, 6%, 12%
over a period of years, but also fluctuated above or below those averages for
individual contract years. No representations can be made by Pruco Life or the
Series Fund that these hypothetical rates of return can be achieved for any one
year or sustained over any period of time.

                                       T8


                 PRULIFE CUSTOM PREMIER VARIABLE UNIVERSAL LIFE
                          CASH VALUE ACCUMULATION TEST
                    TYPE C (RETURN OF PREMIUM) DEATH BENEFIT
                        MALE PREFERRED BEST ISSUE AGE 35
                        $250,000 BASIC INSURANCE AMOUNT
             ASSUME PAYMENT OF $1,725 ANNUAL PREMIUMS FOR ALL YEARS
                             USING CURRENT CHARGES



                                            Death Benefit (1)                                  Surrender Value (1)
                                           -------------------                                ---------------------
                                   Assuming Hypothetical Gross (and Net)               Assuming Hypothetical Gross (and Net)
                Premiums               Annual Investment Return of                         Annual Investment Return of
  End Of      Accumulated    ------------------------------------------------   --------------------------------------------------
  Policy     at 4% Interest     0% Gross          6% Gross         12% Gross       0% Gross           6% Gross        12% Gross
   Year         Per Year      (-1.09% Net)       (4.91% Net)      (10.91% Net)   (-1.09% Net)        (4.91% Net)     (10.91% Net)
- ----------   --------------  -------------------------------------------------  ---------------------------------------------------
                                                                                                
     1         $    1,794     $  251,725           $  251,725      $   251,725     $      0       $          0         $         0
     2         $    3,660     $  253,450           $  253,450      $   253,450     $      0       $          0         $       120
     3         $    5,600     $  255,175           $  255,175      $   255,175     $    807       $      1,165         $     1,556
     4         $    7,618     $  256,900           $  256,900      $   256,900     $  1,865       $      2,456         $     3,126
     5         $    9,717     $  258,625           $  258,625      $   258,625     $  2,913       $      3,800         $     4,846
     6         $   11,900     $  260,350           $  260,350      $   260,350     $  4,367       $      5,629         $     7,176
     7         $   14,170     $  262,075           $  262,075      $   262,075     $  5,804       $      7,536         $     9,736
     8         $   16,530     $  263,800           $  263,800      $   263,800     $  7,222       $      9,522         $    12,549
     9         $   18,986     $  265,525           $  265,525      $   265,525     $  8,619       $     11,589         $    15,642
    10         $   21,539     $  267,250           $  267,250      $   267,250     $  9,994       $     13,739         $    19,042
    15         $   35,922     $  275,875           $  275,875      $   275,875     $ 16,024       $     25,432         $    41,615
    20         $   53,422     $  284,500           $  284,500      $   284,500     $ 20,821       $     39,302         $    78,522
    25         $   74,713     $  293,125           $  293,125      $   293,125     $ 23,707       $     55,292         $   139,370
    30         $  100,616     $  301,750           $  301,750      $   415,384     $ 23,757       $     73,197         $   240,106
    35         $  132,132     $  310,375           $  310,375      $   623,532     $ 19,990       $     92,990         $   404,891
    40         $  170,476     $  319,000           $  319,000      $   935,399     $  9,208       $    113,235         $   672,949
    45         $  217,127     $        0 (2)       $  327,625 (2)  $ 1,417,028     $      0 (2)   $    131,745 (2)     $ 1,107,054


  (1)  Assumes no Contract Loan has been made.

  (2)  Based on a gross return of 0%, the contract would go into default in
       policy year 43, unless an additional premium payment was made.
       Based on a gross return of 6%, the Contract would go into default in
       policy year 65, unless an additional premium payment was made.

  The hypothetical investment rates of return shown above and elsewhere in this
prospectus are illustrative only and should not be deemed a representation of
past or future investment rates of return.  Actual rates of return may be more
or less than those shown and will depend on a number of factors including the
investment allocations made by an owner, prevailing interest rates, and rates of
inflation.  The death benefit and cash surrender value for a contract would be
different from those shown if the actual rates of return averaged 0%, 6%, 12%
over a period of years, but also fluctuated above or below those averages for
individual contract years. No representations can be made by Pruco Life or the
Series Fund that these hypothetical rates of return can be achieved for any one
year or sustained over any period of time.

                                       T9


                 PRULIFE CUSTOM PREMIER VARIABLE UNIVERSAL LIFE
                          CASH VALUE ACCUMULATION TEST
                    TYPE C (RETURN OF PREMIUM) DEATH BENEFIT
                        MALE PREFERRED BEST ISSUE AGE 35
                        $250,000 BASIC INSURANCE AMOUNT
             ASSUME PAYMENT OF $1,725 ANNUAL PREMIUMS FOR ALL YEARS
                             USING MAXIMUM CHARGES



                                           Death Benefit (1)                                 Surrender Value (1)
                            -------------------------------------------------------------------------------------------------------
                                  Assuming Hypothetical Gross (and Net)               Assuming Hypothetical Gross (and Net)
               Premiums               Annual Investment Return of                          Annual Investment Return of
 End Of      Accumulated    ------------------------------------------------   ----------------------------------------------------
 Policy     at 4% Interest      0% Gross          6% Gross       12% Gross        0% Gross           6% Gross          12% Gross
  Year         Per Year       (-1.29% Net)      (4.71% Net)     (10.71% Net)    (-1.29% Net)        (4.71% Net)       (10.71% Net)
- ---------   --------------  ------------------------------------------------  -----------------------------------------------------
                                                                                                 
    1         $    1,794     $  251,725        $  251,725      $  251,725        $       0           $       0         $       0
    2         $    3,660     $  253,450        $  253,450      $  253,450        $       0           $       0         $       0
    3         $    5,600     $  255,175        $  255,175      $  255,175        $       0           $       0         $     140
    4         $    7,618     $  256,900        $  256,900      $  256,900        $     225           $     605         $   1,042
    5         $    9,717     $  258,625        $  258,625      $  258,625        $     776           $   1,323         $   1,981
    6         $   11,900     $  260,350        $  260,350      $  260,350        $   1,693           $   2,450         $   3,396
    7         $   14,170     $  262,075        $  262,075      $  262,075        $   2,552           $   3,572         $   4,892
    8         $   16,530     $  263,800        $  263,800      $  263,800        $   3,351           $   4,684         $   6,475
    9         $   18,986     $  265,525        $  265,525      $  265,525        $   4,085           $   5,783         $   8,149
   10         $   21,539     $  267,250        $  267,250      $  267,250        $   4,749           $   6,860         $   9,919
   15         $   35,922     $  275,875        $  275,875      $  275,875        $   6,008           $  10,847         $  19,565
   20         $   53,422     $  284,500        $  284,500      $  284,500        $   3,952           $  12,271         $  31,843
   25         $   74,713     $        0 (2)    $  293,125      $  293,125        $       0 (2)       $   7,794         $  46,338
   30         $  100,616     $        0        $        0 (2)  $  301,750        $       0           $       0 (2)     $  60,874
   35         $  132,132     $        0        $        0      $  310,375        $       0           $       0         $  68,605
   40         $  170,476     $        0        $        0      $  319,000        $       0           $       0         $  50,532
   45         $  217,127     $        0        $        0      $        0 (2)    $       0           $       0         $       0(2)


  (1)  Assumes no Contract Loan has been made.

  (2)  Based on a gross return of 0%, the Contract would go into default in
       policy year 24, unless an additional premium payment was made.
       Based on a gross return of 6%, the Contract would go into default in
       policy year 28, unless an additional premium payment was made.
       Based on a gross return of 12%, the Contract would go into default in
       policy year 44, unless an additional premium payment was made.

  The hypothetical investment rates of return shown above and elsewhere in this
prospectus are illustrative only and should not be deemed a representation of
past or future investment rates of return.  Actual rates of return may be more
or less than those shown and will depend on a number of factors including the
investment allocations made by an owner, prevailing interest rates, and rates of
inflation.  The death benefit and cash surrender value for a contract would be
different from those shown if the actual rates of return averaged 0%, 6%, 12%
over a period of years, but also fluctuated above or below those averages for
individual contract years. No representations can be made by Pruco Life or the
Series Fund that these hypothetical rates of return can be achieved for any one
year or sustained over any period of time.

                                      T10


Contract Loans

You may borrow from Pruco Life an amount up to the current loan value of your
Contract less any existing Contract debt using the Contract as the only security
for the loan. The loan value at any time is equal to the sum of (1) 90% of the
portion of the cash value attributable to the variable investment options, and
(2) the balance of the cash value. The cash value is equal to the Contract Fund
less any surrender charge. A Contract in default has no loan value. The minimum
loan amount you may borrow is $500.

Interest charged on a loan accrues daily. Interest is due on each Contract
anniversary or when the loan is paid back, whichever comes first. If interest is
not paid when due, it becomes part of the loan and we will charge interest on
it, too. Except in the case of preferred loans, we charge interest at an
effective annual rate of 5%.

A portion of any amount you borrow on or after the 10th Contract anniversary may
be considered a preferred loan. The maximum preferred loan amount is the total
amount you may borrow minus the total net premiums paid (net premiums equal
premiums paid less total withdrawals, if any). If the net premium amount is less
than zero, we will, for purposes of this calculation, consider it to be zero.
Only new loans borrowed after the 10th Contract anniversary may be considered
preferred loans. Standard loans will not automatically be converted into
preferred loans. Preferred loans are charged interest at an effective annual
rate of 4.10%.

The Contract debt is the amount of all outstanding loans plus any interest
accrued but not yet due. If at any time the Contract debt equals or exceeds the
Contract Fund less any applicable surrender charges, the Contract will go into
default. See Lapse and Reinstatement, page 27. If the Contract debt equals or
exceeds the Contract Fund less any applicable surrender charges and you fail to
keep the Contract in-force, the amount of unpaid Contract debt will be treated
as a distribution which may be taxable. See Tax Treatment of Contract Benefits,
page 33.

When a loan is made, an amount equal to the loan proceeds is transferred out of
the Account and/or the fixed-rate option, as applicable. Unless you ask us to
take the loan amount from specific investment options and we agree, the
reduction will be made in the same proportions as the value in each variable
investment option and the fixed-rate option bears to the total value of the
Contract. While a loan is outstanding, the amount that was so transferred will
continue to be treated as part of the Contract Fund. It will be credited with an
effective annual rate of return of 4%. On each Monthly date, we will increase
the portion of the Contract Fund in the investment options by interest credits
accrued on the loan since the last Monthly date. The net cost of a standard loan
is 1% and the net cost of a preferred loan is 0.10%.

A loan will not cause the Contract to lapse as long as Contract debt does not
equal or exceed the Contract Fund, less any applicable surrender charges. Loans
from Modified Endowment Contracts may be treated for tax purposes as
distributions of income. See Tax Treatment of Contract Benefits, page 33.

Any Contract debt will directly reduce a Contract's cash surrender value and
will be subtracted from the death benefit to determine the amount payable. In
addition, even if the loan is fully repaid, it may have an effect on future
death benefits because the investment results of the selected investment options
will apply only to the amount remaining invested under those options. The longer
the loan is outstanding, the greater the effect is likely to be. The effect
could be favorable or unfavorable. If investment results are greater than the
rate being credited on the amount of the loan while the loan is outstanding,
values under the Contract will not increase as rapidly as they would have if no
loan had been made. If investment results are below that rate, Contract values
will be higher than they would have been had no loan been made.

When you repay all or part of a loan, we will increase the portion of the
Contract Fund in the investment options by the amount of the loan you repay
using the investment allocation for future premium payments as of the loan
payment date, plus interest credits accrued on the loan since the last
transaction date. If loan interest is paid when due, it will not change the
portion of the Contract Fund allocated to the investment options. We reserve the
right to change the manner in which we allocate loan repayments.

                                       32


Tax Treatment of Contract Benefits

This summary provides general information on the federal income tax treatment of
the Contract. It is not a complete statement of what the federal income taxes
will be in all circumstances. It is based on current law and interpretations,
which may change. It does not cover state taxes or other taxes. It is not
intended as tax advice. You should consult your own qualified tax adviser for
complete information and advice.

Treatment as Life Insurance. The Contract must meet certain requirements to
qualify as life insurance for tax purposes. These requirements include certain
definitional tests and rules for diversification of the Contract's investments.
For further information on the diversification requirements, see Taxation of the
Fund in the statement of additional information for the Series Fund.

In order to meet the definition of life insurance rules for federal income tax
purposes, the Contract must satisfy one of the two following tests: (1) Cash
Value Accumulation Test or (2) Guideline Premium Test. At issue, the Contract
owner chooses which of these two tests will apply to their Contract. This choice
cannot be changed thereafter.

Under the Cash Value Accumulation Test, the Contract must maintain a minimum
ratio of death benefit to cash value. Therefore, in order to ensure that the
Contract qualifies as life insurance, the Contract's death benefit may increase
as the Contract Fund value increases. The death benefit, at all times, must be
at least equal to the Contract Fund multiplied by the applicable attained age
factor. A listing of attained age factors can be found on your Contract data
pages.

Under the Guideline Premium Test, there is a limit as to the amount of premium
that can be paid into the Contract in relation to the death benefit. In
addition, there is a minimum ratio of death benefit to cash value associated
with this test. This ratio, however, is less than the required ratio under the
Cash Value Accumulation test. Therefore, the death benefit required under this
test is generally lower than that of the Cash Value Accumulation test.

The selection of the definition of life insurance test most appropriate for you
is dependent on several factors, including the insured's age at issue, actual
Contract earnings, and whether or not the Contract is classified as a Modified
Endowment Contract. You should consult your own qualified tax adviser for
complete information and advice with respect to the selection of the definition
of life insurance test.

We believe we have taken adequate steps to insure that the Contract qualifies as
life insurance for tax purposes. Generally speaking, this means that:

     .    you will not be taxed on the growth of the funds in the Contract,
          unless you receive a distribution from the Contract,

     .    the Contract's death benefit will be income tax free to your
          beneficiary.

Although we believe that the Contract should qualify as life insurance for tax
purposes, there are some uncertainties, particularly because the Secretary of
Treasury has not yet issued permanent regulations that bear on this question.
Accordingly, we reserve the right to make changes -- which will be applied
uniformly to all Contract owners after advance written notice -- that we deem
necessary to insure that the Contract will qualify as life insurance.

Pre-Death Distributions. The tax treatment of any distribution you receive
before the insured's death depends on whether the Contract is classified as a
Modified Endowment Contract.

     Contracts Not Classified as Modified Endowment Contracts.

          .    If you surrender the Contract or allow it to lapse, you will be
               taxed on the amount you receive in excess of the premiums you
               paid less the untaxed portion of any prior withdrawals. For this
               purpose, you will be treated as receiving any portion of the cash
               surrender value used to repay Contract debt. The tax consequences
               of a surrender may differ if you take the proceeds under an
               income payment settlement option.

                                       33


          .    Generally, you will be taxed on a withdrawal to the extent the
               amount you receive exceeds the premiums you paid for the Contract
               less the untaxed portion of any prior withdrawals. However, under
               some limited circumstances, in the first 15 Contract years, all
               or a portion of a withdrawal may be taxed if the Contract Fund
               exceeds the total premiums paid less the untaxed portions of any
               prior withdrawals, even if total withdrawals do not exceed total
               premiums paid.

          .    Extra premiums for optional benefits and riders generally do not
               count in computing the premiums paid for the Contract for the
               purposes of determining whether a withdrawal is taxable.

          .    Loans you take against the Contract are ordinarily treated as
               debt and are not considered distributions subject to tax.
               However, you should know that the Internal Revenue Service may
               take the position that the preferred loan should be treated as a
               distribution for tax purposes because of the relatively low
               differential between the loan interest rate and Contract's
               crediting rate. Were the Internal Revenue Service to take this
               position, Pruco Life would take reasonable steps to avoid this
               result, including modifying the Contract's loan provisions.

     Modified Endowment Contracts.

          .    The rules change if the Contract is classified as a Modified
               Endowment Contract. The Contract could be classified as a
               Modified Endowment Contract if premiums in amounts that are too
               large are paid or a decrease in the face amount of insurance is
               made (or a rider removed). The addition of a rider or an increase
               in the face amount of insurance may also cause the Contract to be
               classified as a Modified Endowment Contract. You should first
               consult a qualified tax adviser and your Pruco Life
               representative if you are contemplating any of these steps.

          .    If the Contract is classified as a Modified Endowment Contract,
               then amounts you receive under the Contract before the insured's
               death, including loans and withdrawals, are included in income to
               the extent that the Contract Fund before surrender charges
               exceeds the premiums paid for the Contract increased by the
               amount of any loans previously included in income and reduced by
               any untaxed amounts previously received other than the amount of
               any loans excludible from income. An assignment of a Modified
               Endowment Contract is taxable in the same way. These rules also
               apply to pre-death distributions, including loans and
               assignments, made during the two-year period before the time that
               the Contract became a Modified Endowment Contract.

          .    Any taxable income on pre-death distributions (including full
               surrenders) is subject to a penalty of 10 percent unless the
               amount is received on or after age 59 1/2, on account of your
               becoming disabled or as a life annuity. It is presently unclear
               how the penalty tax provisions apply to Contracts owned by
               businesses.

          .    All Modified Endowment Contracts issued by us to you during the
               same calendar year are treated as a single Contract for purposes
               of applying these rules.

Withholding. You must affirmatively elect that no taxes be withheld from a
pre-death distribution. Otherwise, the taxable portion of any amounts you
receive will be subject to withholding. You are not permitted to elect out of
withholding if you do not provide a social security number or other taxpayer
identification number. You may be subject to penalties under the estimated tax
payment rules if your withholding and estimated tax payments are insufficient to
cover the tax due.

Other Tax Considerations. If you transfer or assign the Contract to someone
else, there may be gift, estate and/or income tax consequences. If you transfer
the Contract to a person two or more generations younger than you (or designate
such a younger person as a beneficiary), there may be Generation Skipping
Transfer tax consequences. Deductions for interest paid or accrued on Contract
debt or on other loans that are incurred or continued to purchase or carry the
Contract may be denied. Your individual situation or that of your beneficiary
will determine the federal estate taxes and the state and local estate,
inheritance and other taxes due if you or the insured dies.

                                       34


Business-Owned Life Insurance. If a business, rather than an individual, is the
owner of the Contract, there are some additional rules. Business Contract owners
generally cannot deduct premium payments. Business Contract owners generally
cannot take tax deductions for interest on Contract debt paid or accrued after
October 13, 1995. An exception permits the deduction of interest on policy loans
on Contracts for up to 20 key persons. The interest deduction for Contract debt
on these loans is limited to a prescribed interest rate and a maximum aggregate
loan amount of $50,000 per key insured person. The corporate alternative minimum
tax also applies to business-owned life insurance. This is an indirect tax on
additions to the Contract Fund or death benefits received under business-owned
life insurance policies.

Legal Considerations Relating to Sex-Distinct Premiums and Benefits

The Contract generally employs mortality tables that distinguish between males
and females. Thus, premiums and benefits differ under Contracts issued on males
and females of the same age. However, in those states that have adopted
regulations prohibiting sex-distinct insurance rates, premiums and cost of
insurance charges will be based on male rates, whether the insureds are male or
female. In addition, employers and employee organizations considering purchase
of a Contract should consult their legal advisers to determine whether purchase
of a Contract based on sex-distinct actuarial tables is consistent with Title
VII of the Civil Rights Act of 1964 or other applicable law.

Other General Contract Provisions

Assignment. This Contract may not be assigned if the assignment would violate
any federal, state or local law or regulation prohibiting sex distinct rates for
insurance. Generally, the Contract may not be assigned to an employee benefit
plan or program without Pruco Life's consent. Pruco Life assumes no
responsibility for the validity or sufficiency of any assignment. We will not be
obligated to comply with any assignment unless we receive a copy at a Home
Office.

Beneficiary.  You designate and name your beneficiary in the application.
Thereafter, you may change the beneficiary, provided it is in accordance with
the terms of the Contract. Should the insured die with no surviving beneficiary,
the insured's estate will become the beneficiary.

Incontestability. We will not contest the Contract after it has been in-force
during the insured's lifetime for two years from the issue date except when any
change is made in the Contract that requires Pruco Life's approval and would
increase our liability. We will not contest such change after it has been in
effect for two years during the lifetime of the insured.

Misstatement of Age or Sex. If the insured's stated age or sex or both are
incorrect in the Contract, Pruco Life will adjust the death benefits payable and
any amount to be paid, as required by law, to reflect the correct age and sex.
Any such benefit will be based on what the most recent deductions from the
Contract Fund would have provided at the insured's correct age and sex.

Settlement Options. The Contract grants to most owners, or to the beneficiary, a
variety of optional ways of receiving Contract proceeds, other than in a lump
sum. Any Pruco Life representative authorized to sell this Contract can explain
these options upon request.

Suicide Exclusion. Generally, if the insured, whether sane or insane, dies by
suicide within two years from the Contract date, the Contract will end and Pruco
Life will return the premiums paid, less any Contract debt, and less any
withdrawals. Generally, if the insured, whether sane or insane, dies by suicide
after two years from the issue date, but within two years of the effective date
of an increase in the basic insurance amount, we will pay, as to the increase in
amount, no more than the sum of the premiums paid on and after the effective
date of an increase.

Substitution of Series Fund Shares

Although Pruco Life believes it to be unlikely, it is possible that in the
judgment of its management, one or more of the portfolios of the Series Fund may
become unsuitable for investment by Contract owners because of investment policy
changes, tax law changes, or the unavailability of shares for investment. In
that event, Pruco Life may seek to substitute the shares of another portfolio or
of an entirely different mutual fund. Before this can be done, the approval

                                       35


of the SEC, and possibly one or more state insurance departments, may be
required. Contract owners will be notified of any such substitution.

Reports to Contract Owners

Once each year, Pruco Life will send you a statement that provides certain
information pertinent to your own Contract. This statement will detail values,
transactions made, and specific Contract data that apply only to your particular
Contract.

You will also be sent annual and semi-annual reports of the Series Fund showing
the financial condition of the portfolios and the investments held in each
portfolio.

Sale of the Contract and Sales Commissions

Pruco Securities Corporation ("Prusec"), an indirect wholly-owned subsidiary of
Prudential, acts as the principal underwriter of the Contract. Prusec, organized
in 1971 under New Jersey law, is registered as a broker and dealer under the
Securities Exchange Act of 1934 and is a member of the National Association of
Securities Dealers, Inc. Prusec's principal business address is 751 Broad
Street, Newark, New Jersey 07102-3777. The Contract is sold by registered
representatives of Prusec who are also authorized by state insurance departments
to do so. The Contract may also be sold through other broker-dealers authorized
by Prusec and applicable law to do so. Registered representatives of such other
broker-dealers may be paid on a different basis than described below.

Commissions are based on a premium value referred to as the Commissionable
Target Premium. The Commissionable Target Premium may vary from the Target
Premium, depending on the issue age and rating class of the insured, any extra
risk charges, or additional riders. For Contracts issued on an unrated insured
below age 56, the Commissionable Target Premium is generally equal to what the
Target Premium would be for a Type A Contract if the insured was either in the
Nonsmoker or Smoker rating class, and there were no extra risk charges or riders
on the Contract. For Contracts issued on an unrated insured below age 56 in a
more favorable rating class, the Commissionable Target Premium will be greater
than the Target Premium, if there are no extra risk charges or riders on the
Contract. For Contracts issued on insureds age 56 or greater or with substandard
ratings, the Commissionable Target Premium will generally be less than the
Target Premium. See Premiums, page 18.

Generally, representatives will receive a commission of no more than: (1) 50% of
the premiums received in the first year on premiums up to the Commissionable
Target Premium; (2) 4% of premiums received in years two through 10 on premiums
up to the Commissionable Target Premium; and (3) 2% on premiums received in the
first 10 years in excess of the Commissionable Target Premium. If the basic
insurance amount is increased, representatives will generally receive a
commission of no more than: (1) 50% of the premiums received up to the
Commissionable Target Premium for the increase received in the first year; (2)
4% of the premiums received up to the Commissionable Target Premium for years
two through 10; and (3) 2% on other premiums received for the increase.
Moreover, trail commissions of up to 0.0625% of the Contract Fund as of the end
of each calendar quarter may be paid. Representatives with less than four years
of service may receive compensation on a different basis. Representatives who
meet certain productivity or persistency standards may be eligible for
additional compensation.

State Regulation

Pruco Life is subject to regulation and supervision by the Department of
Insurance of the State of Arizona, which periodically examines its operations
and financial condition. It is also subject to the insurance laws and
regulations of all jurisdictions in which it is authorized to do business.

Pruco Life is required to submit annual statements of its operations, including
financial statements, to the insurance departments of the various jurisdictions
in which it does business to determine solvency and compliance with local
insurance laws and regulations.

In addition to the annual statements referred to above, Pruco Life is required
to file with Arizona and other jurisdictions a separate statement with respect
to the operations of all its variable contract accounts, in a form promulgated
by the National Association of Insurance Commissioners.

                                       36


Experts

The consolidated financial statements of Pruco Life and its subsidiaries as of
December 31, 1999 and 1998 and for each of the three years in the period ended
December 31, 1999 and the financial statements of the Account as of December 31,
1999 and for each of the three years in the period then ended included in this
prospectus have been so included in reliance on the reports of
PricewaterhouseCoopers LLP, independent accountants, given on the authority of
said firm as experts in auditing and accounting. PricewaterhouseCoopers LLP's
principal business address is 1177 Avenue of the Americas, New York, New York
10036.

Actuarial matters included in this prospectus have been examined by Nancy D.
Davis, MAAA, FSA, Vice President and Actuary of Prudential, whose opinion is
filed as an exhibit to the registration statement.

Litigation and Regulatory Proceedings

We are subject to legal and regulatory actions in the ordinary course of our
businesses, including class actions. Pending legal regulatory actions include
proceedings specific to our practices and proceedings generally applicable to
business practices in the industries in which we operate. In certain of these
lawsuits, large and/or indeterminate amounts are sought, including punitive or
exemplary damages.

In particular, Pruco Life and Prudential have been subject to substantial
regulatory actions and civil litigation involving individual life insurance
sales practices. In 1996, Prudential, on behalf of itself and many of its life
insurance subsidiaries including Pruco Life, entered into settlement agreements
with relevant insurance regulatory authorities and plaintiffs in the principal
life insurance sales practices class action lawsuit covering policyholders of
individual permanent life insurance policies issued in the United States from
1982 to 1995. Pursuant to the settlements, the companies agreed to various
changes to their sales and business practices controls and a series of fines,
and are in the process of distributing final remediation relief to eligible
class members. In many instances, claimants have the right to "appeal" the
decision to an independent reviewer. The bulk of such appeals were resolved in
1999, and the balance is expected to be addressed in 2000. As of January 31,
2000, Prudential and/or Pruco Life remained a party to two putative class
actions and approximately 158 individual actions relating to permanent life
insurance policies issued in the United States between 1982 and 1995. Additional
suits may be filed by individuals who opted out of the settlements. While the
approval of the class action settlement is now final, Prudential and Pruco Life
remain subject to oversight and review by insurance regulators and other
regulatory authorities with respect to their sales practices and the conduct of
the remediation program. The U.S. District Court has also retained jurisdiction
as to all matters relating to the administration, consummation, enforcement and
interpretation of the settlements.

Prudential has indemnified Pruco Life for any liabilities incurred in connection
with sales practices litigation covering policyholders of individual permanent
life insurance policies issued in the United States from 1982 to 1995.

In 1999, 1998, 1997 and 1996, Prudential recorded provision in its Consolidated
Statements of Operations of $100 million, $1,150 million, $2,030 million and
$1,125 million, respectively, to provide for estimated remediation costs, and
additional sales practices costs including related administrative costs,
regulatory fines, penalties and related payments, litigation costs and
settlements, including settlements associated with the resolution of claims of
deceptive sales practices asserted by policyholders who elected to "opt-out" of
the class action settlement and litigate their claims against Prudential
separately, and other fees and expenses associated with the resolution of sales
practices issues.

Additional Information

Pruco Life has filed a registration statement with the SEC under the Securities
Act of 1933, relating to the offering described in this prospectus. This
prospectus does not include all the information set forth in the registration
statement. Certain portions have been omitted pursuant to the rules and
regulations of the SEC. The omitted information may, however, be obtained from
the SEC's Public Reference Section at 450 Fifth Street, N.W., Washington, D.C.
20549, or by telephoning (800) SEC-0330, upon payment of a prescribed fee.

Further information may also be obtained from Pruco Life. Its address and
telephone number are set forth on the inside front cover of this prospectus.

                                       37


Financial Statements

The financial statements of the Account should be distinguished from the
consolidated financial statements of Pruco Life and its subsidiaries, which
should be considered only as bearing upon the ability of Pruco Life to meet its
obligations under the Contracts.

                                       38


                            DIRECTORS AND OFFICERS

The directors and major officers of Pruco Life, listed with their principal
occupations during the past five years, are shown below.

                             DIRECTORS OF PRUCO LIFE

JAMES J. AVERY, JR., Chairman and Director - President, Prudential Individual
Life Insurance since 1998; 1997 to 1998: Senior Vice President, Chief Actuary
and CFO, Prudential Individual Insurance Group; 1995 to 1997: President,
Prudential Select. Age 48.

RONALD P. JOELSON, Director - Senior Vice President, Prudential Asset, Liability
and Risk Management since 1999; 1996 to 1999: President, Guaranteed Products,
Prudential Institutional; 1995 to 1996: Managing Director, Prudential Enterprise
Planning. Age 42.

IRA J. KLEINMAN, Director - Executive Vice President, Prudential International
Insurance Group since 1997; 1995 to 1997: Chief Marketing and Product
Development Officer, Prudential Individual Insurance Group. Age 53.

ESTHER H. MILNES, President and Director - Vice President and Chief Actuary,
Prudential Individual Life Insurance since 1999; prior to 1999: Vice President
and Actuary, Prudential Individual Insurance Group. Age 49.

DAVID R. ODENATH, JR., Director - President, Prudential Investments since 1999;
prior to 1999: Senior Vice President and Director of Sales, Investment
Consulting Group, PaineWebber. Age 43.

I. EDWARD PRICE, Vice Chairman and Director - Senior Vice President and Actuary,
Prudential Individual Life Insurance since 1998; 1995 to 1998: Senior Vice
President and Actuary, Prudential Individual Insurance Group. Age 57.

KIYOFUMI SAKAGUCHI, Director - President and CEO, Prudential International
Insurance Group since 1995. Age 57.

                         OFFICERS WHO ARE NOT DIRECTORS

C. EDWARD CHAPLIN, Treasurer - Vice President and Treasurer, Prudential since
1995. Age 43.

JAMES C. DROZANOWSKI, Senior Vice President - Vice President, Operations and
Systems, Prudential Individual Financial Services since 1998; 1996 to 1998: Vice
President and Operations Executive, Prudential Individual Insurance Group; 1995
to 1996: President, Credit Card Division, Chase Manhattan Bank. Age 57.

THOMAS F. HIGGINS, Senior Vice President - Vice President, Annuity Services,
Prudential Individual Financial Services since 1999; 1998 to 1999: Vice
President, Mutual Funds, Prudential Individual Financial Services; 1995 to 1998:
Principal, Mutual Fund Operations, The Vanguard Group. Age 45.

CLIFFORD E. KIRSCH, Chief Legal Officer and Secretary - Chief Counsel, Variable
Products, Prudential Law Department since 1995. Age 40.

HIROSHI NAKAJIMA, Senior Vice President - President and CEO, Pruco Life
Insurance Company Taiwan Branch since 1997; prior to 1997: Senior Managing
Director, Prudential Life Insurance Co., Ltd. Age 56.

SHIRLEY H. SHAO, Senior Vice President and Chief Actuary - Vice President and
Associate Actuary, Prudential since 1996; prior to 1996: Vice President and
Assistant Actuary, Prudential Corporate Risk Management. Age 45.

WILLIAM J. ECKERT, IV, Vice President and Chief Accounting Officer - Vice
President and IFS Controller, Enterprise Financial Management, Prudential since
2000; 1999 to 2000: Vice President and Individual Life Controller, Enterprise
Financial Management, Prudential; 1997 to 1999: Vice President, Accounting,
Enterprise Financial Management; 1995 to 1997: Vice President, Accounting,
External Financial Reporting.

The business address of all directors and officers of Pruco Life is 213
Washington Street, Newark, New Jersey 07102-2992.

Pruco Life directors and officers are elected annually.

                                       39


PruLife Custom Premier
Variable Universal Life
Insurance

PruLife Custom Premier Variable Universal Life is
issued by Pruco Life Insurance Company, 213
Washington Street, Newark, NJ 07102-2992 and
offered through Pruco Securities Corporation, 751
Broad Street, Newark, NJ 07102-3777, both
subsidiaries of The Prudential Insurance Company of
America, 751 Broad Street, Newark, NJ 07102-3777.


[LOGO OF PRUDENTIAL]


Pruco Life Insurance Company
213 Washington Street, Newark, NJ 07102-2992
Telephone 800 778-2255

VUL-2 Ed. 2/01


                          UNDERTAKING TO FILE REPORTS

Subject to the terms and conditions of Section 15(d) of the Securities Exchange
Act of 1934, the undersigned Registrant hereby undertakes to file with the
Securities and Exchange Commission such supplementary and periodic information,
documents, and reports as may be prescribed by any rule or regulation of the
Commission heretofore or hereafter duly adopted pursuant to authority conferred
in that section.

                    REPRESENTATION WITH RESPECT TO CHARGES

Pruco Life Insurance Company represents that the fees and charges deducted under
the Variable Universal Life Insurance Contracts registered by this registration
statement, in the aggregate, are reasonable in relation to the services
rendered, the expenses expected to be incurred, and the risks assumed by Pruco
Life Insurance Company.

                  UNDERTAKING WITH RESPECT TO INDEMNIFICATION

The Registrant, in conjunction with certain affiliates, maintains insurance on
behalf of any person who is or was a trustee, director, officer, employee, or
agent of the Registrant, or who is or was serving at the request of the
Registrant as a trustee, director, officer, employee or agent of such other
affiliated trust or corporation, against any liability asserted against and
incurred by him or her arising out of his or her position with such trust or
corporation.

Arizona, being the state of organization of Pruco Life Insurance Company ("Pruco
Life"), permits entities organized under its jurisdiction to indemnify directors
and officers with certain limitations.  The relevant provisions of Arizona law
permitting indemnification can be found in Section 10-850 et seq. of the Arizona
Statutes Annotated.  The text of Pruco Life's By-law, Article VIII, which
relates to indemnification of officers and directors, is incorporated by
reference to Exhibit 3(ii) to its Form 10-Q, SEC File No. 33-37587, filed August
15, 1997.

Insofar as indemnification for liabilities arising under the Securities Act of
1933 (the "Act") may be permitted to directors, officers and controlling persons
of the Registrant pursuant to the foregoing provisions or otherwise, the
Registrant has been advised that in the opinion of the Securities and Exchange
Commission such indemnification is against public policy as expressed in the Act
and is, therefore, unenforceable. In the event that a claim for indemnification
against such liabilities (other than the payment by the Registrant of expenses
incurred or paid by a director, officer or controlling person of the Registrant
in the successful defense of any action, suit or proceeding) is asserted by such
director, officer or controlling person in connection with the securities being
registered, the Registrant will, unless in the opinion of its counsel the matter
has been settled by controlling precedent, submit to a court of appropriate
jurisdiction the question whether such indemnification by it is against public
policy as expressed in the Act and will be governed by the final adjudication of
such issue.

                                     II-1


                      CONTENTS OF REGISTRATION STATEMENT

This Registration Statement comprises the following papers and documents:
- -------------------------------------------------------------------------

The facing sheet.

Cross-reference to items required by Form N-8B-2.

The prospectus consisting of  54 pages.

The undertaking to file reports.

The representation with respect to charges.

The undertaking with respect to indemnification.

The signatures.

Written consents of the following persons:

   None.

The following exhibits:
- -----------------------

     1. The following exhibits correspond to those required by paragraph A of
        the instructions as to exhibits in Form N-8B-2:

        A.  (1)   (a)    Resolution of Board of Directors of Pruco Life
                         Insurance Company establishing the Pruco Life Variable
                         Universal Account. (Note 6)
                  (b)    Amendment of Separate Account Resolution.  (Note 11)
            (2)   Not Applicable.
            (3)   Distributing Contracts:
                  (a)    Distribution Agreement between Pruco Securities
                         Corporation and Pruco Life Insurance Company. (Note 6)
                  (b)    Proposed form of Agreement between Pruco Securities
                         Corporation and independent brokers with respect to the
                         Sale of the Contracts. (Note 6)
                  (c)    Schedule of Sales Commissions. (Note 1)
            (4)   Not Applicable.
            (5)   Variable Universal Life Insurance Contract. (Note 1)
            (6)   (a)    Articles of Incorporation of Pruco Life Insurance
                         Company, as amended October 19, 1993. (Note 5)
                  (b)    By-laws of Pruco Life Insurance Company, as amended May
                         6, 1997. (Note 7)
            (7)   Not Applicable.
            (8)   Not Applicable.
            (9)   Not Applicable.
            (10)  (a)    Application Form for Variable Universal Life Insurance
                         Contract.  (Note 8)
                  (b)    Supplement to the Application for Variable Universal
                         Life Insurance Contract. (Note 8)
            (11)  Not Applicable.
            (12)  Memorandum describing Pruco Life Insurance Company's issuance,
                  transfer, and redemption procedures for the Contracts pursuant
                  to Rule 6e-3(T)(b)(12)(iii). (Note 11)
            (13)  Available Contract Riders and Endorsements.
                  (a)    Rider for Insured's Accidental Death Benefit (Note 1)
                  (b)    Rider for Insured's Total Disability Benefit (Note 1)
                  (c)    Rider for Level Term Insurance Benefit on Dependent
                         Children (Note 1)
                  (d)    Rider for Level Term Insurance Benefit on Dependent
                         Children-From Conversions (Note 1)
                  (e)    Endorsement providing g Type C Death Benefit Provisions
                         (Note 1)

                                     II-2


     2. See Exhibit 1.A.(5).

     3. Opinion and Consent of Clifford E. Kirsch, Esq. as to the legality of
        the securities being registered. (Note 11)

     4. None.

     5. Not Applicable.

     6. Opinion and Consent of Nancy D. Davis, FSA, MAAA, as to actuarial
        matters pertaining to the securities being registered. (Note 11)

     7. Powers of Attorney.

        (a)  Ira J. Kleinman, Esther H. Milnes, I. Edward Price (Note 2)
        (b)  Kiyofumi Sakaguchi (Note 4)
        (c)  James J. Avery, Jr. (Note 3)
        (d)  David R. Odenath, Jr. (Note 9)
        (e)  William J. Eckert, IV, Ronald P. Joelson (Note 10)

  (Note  1)     Filed herewith.
  (Note  2)     Incorporated by reference to Form 10-K, Registration No. 33-
                08698, filed March 31, 1997 on behalf of the Pruco Life Variable
                Contract Real Property Account.
  (Note  3)     Incorporated by reference to Post-Effective Amendment No. 2 to
                Form S-6, Registration No. 333-07451, filed June 25, 1997 on
                behalf of the Pruco Life Variable Appreciable Account.
  (Note  4)     Incorporated by reference to Post-Effective Amendment No. 8 to
                Form S-6, Registration No. 33-49994, filed April 28, 1997 on
                behalf of the Pruco Life PRUvider Variable Appreciable Account.
  (Note  5)     Incorporated by reference to Form S-6, Registration No. 333-
                07451, filed July 2, 1996 on behalf of the Pruco Life Variable
                Appreciable Account.
  (Note  6)     Incorporated by reference to Post-Effective Amendment No. 10 to
                Form S-6, Registration No. 33-29181, filed April 28, 1997 on
                behalf of the Pruco Life Variable Universal Account.
  (Note  7)     Incorporated by reference to Form 10-Q, Registration No. 33-
                37587, filed August 15, 1997 on behalf of the Pruco Life
                Insurance Company.
  (Note  8)     Incorporated by reference to Form S-6, Registration No. 333-
                85115, filed on August 13, 1999 on behalf of the Pruco Life
                Variable Universal Account.
  (Note  9)     Incorporated by reference to Post-Effective Amendment No. 7 to
                Form S-1, Registration No. 33-86780, filed April 10, 2000 on
                behalf of the Pruco Life Variable Contract Real Property
                Account.
  (Note 10)     Incorporated by reference to Form S-6, Registration No. 333-
                85115, filed on October 13, 2000 on behalf of the Pruco Life
                Variable Universal Account.
  (Note 11)     To be filed by Pre-Effective Amendment.

                                     II-3


                                  SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, the Registrant, the
Pruco Life Variable Universal Account, has duly caused this Registration
Statement to be signed on its behalf by the undersigned thereunto duly
authorized, and its seal hereunto affixed and attested, all in the city of
Newark and the State of New Jersey, on this 3rd day of November, 2000.

(Seal)                                    Pruco Life Variable Universal Account
                                                   (Registrant)

                                           By: Pruco Life Insurance Company
                                                   (Depositor)

Attest:  /s/  Thomas C. Castano           By:  /s/ Esther H. Milnes
         --------------------------            -----------------------------
         Thomas C. Castano                     Esther H. Milnes
         Assistant Secretary                   President

Pursuant to the requirements of the Securities Act of 1933, this Registration
Statement has been signed below by the following persons in the capacities
indicated on this 3rd day of November, 2000.

          Signature and Title
          -------------------


/s/ *
- -------------------------------------------
Esther H. Milnes
President and Director

/s/ *
- -------------------------------------------
William J. Eckert, IV
Vice President and Chief Accounting Officer      *By:  /s/ Thomas C. Castano
                                                      --------------------------
                                                      Thomas C. Castano
/s/ *                                                 (Attorney-in-Fact)
- -------------------------------------------
James J. Avery, Jr.
Director

/s/ *
- -------------------------------------------
Ronald P. Joelson
Director

- -------------------------------------------
/s/ *
Ira J. Kleinman
Director

/s/ *
- -------------------------------------------
David R. Odenath, Jr.
Director

/s/ *
- -------------------------------------------
I. Edward Price
Director

/s/ *
- -------------------------------------------
Kiyofumi Sakaguchi
Director

                                     II-4


                                 EXHIBIT INDEX



  1.A.(3)(c)    Schedule of Sales Commission

     1.A.(5)    Variable Universal Life Insurance Contract

 1.A.(13)(a)    Rider for Insured's Accidental Death Benefit

 1.A.(13)(b)    Rider for Insured's Total Disability Benefit

 1.A.(13)(c)    Rider for Level Term Insurance Benefit on Dependent Children

 1.A.(13)(d)    Rider for Level Term Insurance Benefit on Dependent Children-
                From Conversions

 1.A.(13)(e)    Endorsement providing Type C Death Benefit Provisions

                                     II-5