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Term life insurance quote issue resolved

12/28/2023

We want to make you aware that an illustration rate issue caused incorrect quotes for a few isolated scenarios of our new Principal® Term (Term 2023) product. The issue has been fixed. The affected quotes were ones using the following details:

  • Principal 15-Year Term, nonconvertible policy, issue ages 71-75, male or female, any risk class

If you ran a quote for one of the scenarios listed above, between Dec. 4 – Dec. 22, you should rerun it to ensure its accuracy.

Questions?
Contact the National Sales Desk at 800-654-4278.   

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