Financial Planning > Behavioral Finance

Principal Simplifies Disability Underwriting Process

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NU Online News Service, July 28, 2003, 4:15 p.m. EDT – Principal Financial Group Inc., Des Moines, Iowa, has introduced a Simplified DI disability insurance underwriting program for individual applicants and multilife worksite marketing programs.

Principal is streamlining the underwriting process by eliminating routine medical requirements and trying to make underwriting decisions within 48 hours once it receives complete applications.