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Principal To Market Disability Through Business Groups

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NU Online News Service, Sept. 23, 2004, 5:29 p.m. EDT

Principal Financial Group Inc., Des Moines, Iowa, will be selling employers a new individual disability insurance program through business associations.[@@]

The program provides a 10% discount on individual disability insurance for members of approved associations.

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For 3 or more individuals with a common employer, Principal offers a 20% multi-life discount, regardless of whether the individual or the employer pays the premiums. Employees can buy the insurance on a stand-alone basis or use the insurance to supplement existing employer-sponsored disability coverage.

Principal also has a multi-life disability insurance program.