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Run in-force life insurance illustrations to reflect new dividend scale


Principal Life Insurance Company is changing its dividend scale effective Feb. 1, 2019.

In order to show customers the impact of the dividend scale change, you may run in-force illustrations after Dec. 15, 2018  (Dec. 18 for Survivorship Whole Life policies).

In-force illustrations are an effective planning tool as you meet with customers and review their overall objectives for their life insurance coverage.

Benefits of running in-force illustrations include:

  • Providing customers with a current snapshot of policy values and benefits.
  • Illustrating potential values and benefits based on the current dividend scale, which is not guaranteed.
  • Showing customers how adjustments to the face amount and premium may extend their policy's protection period or how partial surrenders and loans may impact the premium requirements for their policy.
  • Demonstrating the impact of paying premiums with non-guaranteed dividends, as well as showing when out-of-pocket premium payments may be required in the future.

For more information: Marketer Support Line, 800-654-4278, options 4, 2 (Life Administration)

Guarantees based on the claims paying ability of the issuing insurance company.

For Producer Information only. Not for use with the general public.

Insurance products issued by Principal National Life Insurance Co (except in NY) and Principal Life Insurance Co. Plan administrative services offered by Principal Life. Principal National and Principal Life are members of the Principal Financial GroupĀ®, Des Moines, IA 50392.


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