The Principal Financial Group is offering a new life product, Principal Universal Life (UL) Protector II, which provides guaranteed death benefit protection for individuals’ businesses or personal estates.
Principal UL Protector II gives individuals choices in guaranteed death benefit protection up to age 121, extended the issue ages to age 85, premium payment options and a number of riders and provisions. As needs change over time, customers can increase or decrease coverage amount and the length of guaranteed coverage. If premium payments are skipped or delayed, individuals can choose to pay “catch up” contributions to receive the original guaranteed protection.
The Principal Financial Group provides financial products to businesses, individuals and institutional clients, including retirement and investment services, life and health insurance, and banking through its diverse family of financial services companies.
Was this article valuable?
Here are more articles you may enjoy.
BofA to Pay $72.5 Million to Settle Epstein Victim Lawsuit 
Hail A Growing Loss Driver on Rising Tide of Severe Convective Storm Risk, Allianz Says 
Weeks-Long Australian LNG Outage Will Further Tighten Supply 
Axios Software Tool Used by Millions Compromised in Hack 
Want to stay up to date?
Get the latest insurance news
sent straight to your inbox.