News
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Annuities:::
Changes to our registered index-linked annuity rates Annuities::: 12/06/2023Changes to Principal Strategic Outcomes segment rates. Read More |
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Annuities:::
Several states adopt new NAIC Suitability Model Regulation changes Annuities::: 12/04/2023More states adopt the new NAIC model regulation. Read More |
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Annuities:::
Principal Strategic Outcomes -- Strategic investing for personalized outcomes Annuities::: 11/22/2023We’re excited to introduce Principal® Strategic Outcomes, our registered index-linked annuity (RILA). Read More |
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Annuities:::
No changes to our GMWB charges and percentages Annuities::: 11/21/2023The guaranteed minimum withdrawal benefit (GMWB) charges published in the current supplement will be in effect Dec. 1 to Dec. 31, 2023. Read More |
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Annuities:::
Important year-end details for annuity business submissions Annuities::: 11/20/2023Following are some important dates and reminders to expedite processing and ensure credit for year-end. Read More |
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Annuities:::
Grace period expiring for 1-hour Best Interest training Annuities::: 11/08/2023The NAIC best interest training grace period is expiring in West Virginia and Wyoming. Read More |
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Retirement Plans:::
New PFIGO and PGO vintages opening soon Retirement Plans::: 10/27/2023New Principal® Fixed Income Guaranteed Option (PFIGO) and Principal® Guaranteed Option (PGO) vintages available Dec. 1, 2023. Read More |
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Annuities:::
New York Reg 47 updates are coming. We've got you covered. Annuities::: 10/20/2023New York Reg 47 updates take effect January 1. Read More |
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Life Insurance:::
Billing change for renewing 10-Year Term policies Life Insurance::: 10/03/2023Get details on a new process coming in January 2024 for renewing 10-Year Term policies. Read More |
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Life Insurance:::
October 2023 Indexed Universal Life changes Life Insurance::: 09/29/2023Recent economic factors have resulted in increased hedging costs associated with the index-linked accounts we offer. Read More |
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Life Insurance:::
Underwriting update from Nate Berns, Chief Underwriter – Life Insurance Life Insurance::: 09/29/2023Updates that can help you as you focus on a strong finish to the year. Read More |
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Annuities:::
Welcome to our new and improved online client experience Annuities::: 09/21/2023U.S. individual annuity clients soon will have an improved online experience when logging onto their account at principal.com. Read More |
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Life Insurance:::
Policy crediting rate increase for all life insurance products Life Insurance::: 08/30/2023Effective Sept. 1, 2023, we're increasing fixed crediting rate for all life insurance products currently available for sale. Read More |
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Annuities:::
New electronic delivery of annuity prospectus Annuities::: 08/30/2023Electronic prospectus now available for Principal annuity products. Read More |
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Annuities:::
Oklahoma adopts NAIC Suitability Model Regulation Annuities::: 08/30/2023Oklahoma has adopted the new NAIC model regulation for annuity sales. Read More |
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Annuities:::
Principal® Lifetime Income Solutions II Annuities::: 06/27/2023See the most recent supplement to the Principal Lifetime Income Solutions II Variable Annuity prospectus. Read More |
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Life Insurance:::
Enhancements to Guaranteed Issue Life Insurance::: 06/20/2023Guaranteed Issue simplifies life insurance underwriting for qualifying groups. Read More |
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Annuities:::Life Insurance:::
Upcoming investment option changes for variable annuity and variable life products Annuities:::Life Insurance::: 05/31/2023Several investment option changes will go into effect on June 3 that affect variable annuity and variable life insurance products. Read More |
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Life Insurance:::
Insurance premium payment processing change for variable life policies Life Insurance::: 05/15/2023Beginning May 15, we’ll accept and process variable life payments in our home office in Des Moines, Iowa. Read More |
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Disability Insurance:::Life Insurance:::
Paper application Part B to be discontinued Disability Insurance:::Life Insurance::: 05/03/2023Due to the many benefits the online and TeleApp options offer, we’ve made the decision to discontinue use of the paper Part B. Read More |
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Disability Insurance:::
Personal and bank account information updates for IDI customers Disability Insurance::: 05/02/2023To protect customer’s privacy, our procedures for obtaining missing Social Security Numbers (SSNs) and collecting bank account information have been updated. Read More |
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Annuities:::Life Insurance:::
Upcoming investment option changes for variable annuity and variable life products Annuities:::Life Insurance::: 04/24/2023Several investment option changes will go into effect on April 28 for variable annuity and variable life insurance products. Learn more. Read More |
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Life Insurance:::
Industry regulation change for IUL illustrations Life Insurance::: 04/17/2023See details regarding recent amendments to the AG 49-A regulation (effective May 1) governing our indexed universal life insurance illustrations. Read More |
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Life Insurance:::
New GI Term product available in California Life Insurance::: 03/27/2023The new Principal® 10-year and 20-year Guaranteed Issue (GI Term II) product is available in California effective March 27, 2023. Read More |
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Disability Insurance:::
Take your individual disability income insurance sales to the next level. Disability Insurance::: 03/01/2023Principal Income Protector, the new individual disability insurance product, is now available to illustrate. Get an overview of key features and opportunities. Read More |
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Life Insurance:::
New GI Term product approved in South Dakota Life Insurance::: 02/28/2023The new Principal® 10-year and 20-year Guaranteed Issue (GI Term II) product is available in South Dakota effective March 1, 2023. Read More |
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Life Insurance:::
Reminder: Principal Life Illustration System is your go-to for all life illustrations Life Insurance::: 02/10/2023Use our online Principal Life Illustration System (PLIS) for both new business and in-force policy illustrations. Read More |
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Life Insurance:::
New digital RFP for Informal Business Valuations and Buy-Sell Reviews Life Insurance::: 02/06/2023Get details about how the new digital request for proposal (RFP) will help speed up the process for you and your clients when requesting reports. Read More |
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Disability Insurance:::
New digital RFP for Informal Business Valuations and Buy-Sell Reviews Disability Insurance::: 02/06/2023Get details on how this new digital request for proposal (RFP) will help speed up the process for you and your clients when requesting reports. Read More |
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Life Insurance:::
New GI Term product approved in Florida, North Dakota, and South Carolina Life Insurance::: 01/31/2023The new Principal® 10-year and 20-year Guaranteed Issue (GI Term II) product is available in South Carolina, North Dakota, and Florida. Read More |
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Life Insurance:::
New Guaranteed Issue Term product Life Insurance::: 01/16/2023New Principal® 10-year and 20-year Guaranteed Issue (GI Term II) is available effective Jan. 16, 2023. Read More |
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Life Insurance:::
SUL Provider now available in California Life Insurance::: 01/01/2023Effective Jan. 1, 2023, the new Principal® Survivorship Universal Life Provider is available to illustrate and sell in California. Read More |
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Life Insurance:::
Updated Principal IUL Flex II approved in California Life Insurance::: 12/14/2022Principal Indexed Universal Life Flex II has been repriced to meet Internal Revenue Code (IRC) Sec. 7702 guidelines and is available Dec. 15, 2022, in California. Read More |
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