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Principal expands UL offerings

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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.

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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.