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 > Running Your Business

Principal Adds Business Disability Options

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

Two new products insure companies against the risk that owners or other key people will develop serious health problems.

A unit of Principal Financial Group Inc., Des Moines, Iowa, has started selling a key person replacement disability insurance policy and a business loan protection rider.

The key person replacement policy insures businesses against the loss of executives or others who make a significant contribution to business operations.

The business loan protection rider, sold with overhead expense insurance policies, insures that a business owner can repay a loan or meet other obligations even if the owner suffers total disability, 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.