06-06-2004

Dibroker News

Principal Series 700


Principal: Taking Our Competitve Projects to the Next Level

Principal Life Insurance Company has built a reputation for service that sells in the Individual Disability Insurance market. But our service story wouldn't be complete without our competitive product portfolio - and we've just taken it to the next level.

We're proud to announce an enhanced generation of our Series 700 Individual Disability Income (DI) insurance product - HH 750. Plus, several underwriting guideline enhancements also apply to Overhead Expense (OE), Disability Buy-Out (DBO) and Solutions II in California. These new features will help open up new opportunities and allow you to be even more competitive.

HIGHLIGHTS

  • New 10% Association Discount (subject to state approval)
  • Increased Benefit Periods to Age 67 and 70 (HH 750 only) 
  • Occupation class enhancements
  • 10% Select Occupation Discount for pharmacists and attorneys (not approved for attorneys in CA)
  • Increased Maximum Issue and Participation (I & P) limits for 2A and A occupation classes for DI and OE

(Note: Not all features apply to all products; see JJ 1125 for details.)

STATE APPROVALS
For a complete listing of state approvals, go to the Disability Insurance section on Principal eFinancial ProfessionalSM (Principal eFP) or http://www.principal.com/insurance/ind/di/di2086.pdf. Once HH 750 is approved in your state, it will replace HH 700.