Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Life Health > Life Insurance

Principal Updates Protector UL Policy

X
Your article was successfully shared with the contacts you provided.

An Iowa life insurer has rolled out a new version of a universal life product.

Principal Financial Group Inc., Des Moines, Iowa, says it is introducing the Principal Universal Life Protector III policy.

The policy provides guaranteed death benefit protection up to age 121, and the maximum issue age is 85.

Clients can pay for the policy with a lump sum, a series of 10 installment payments, or continuous payments, and premiums are now lower for insureds ages 45 to 70, Principal says.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.