Calling its latest product Principal Universal Life Protector III, Principal Financial Group announced another UL policy to help financial advisors meet clients?? 1/2 needs. Protector III features a guaranteed death benefit protection up to age 121 and has an issue age of up to 85. Premiums have also been improved for the 45-to-70 age group, and those folks can make continuous payments, pay in 10 installments or pay it all in one lump sum.

The company says the product is versatile enough to offer key-person protection for a business, or it can be used for income protection or estate planning. For more information on Protector III, visit www.principal.com.