Death Benefit Only
This simple and cost-effective plan promises select employees that in the event of their death while covered by the plan, their named beneficiary(ies) will receive the death benefit specified under the plan. The business could purchase a life insurance policy on the key employees to help fund the liability, which could also provide key person coverage.
Guaranteed Issue Term Program Overview - Employer (BB12437)
Shows how this innovative program can be a simple and affordable option to finance business solutions—while leveraging the benefits of life insurance with lower costs and fewer medical requirements. Not for use in Mississippi at this time.
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Key materials listed below.
Before the Sale
Employer overview flyer (BB12449)
Use with employers to provide an overview of the plan and how it works.
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During the Sale
Sample Proposal (BB12452) | Request for Proposal (BB12448)
View this sample of a complete customized proposal that includes details on plan design, benefits, and considerations.
View Sample Proposal (PDF) • View Request for Proposal (DOC)
Financial Models: Shows samples of the financial models and illustrations.
After the Sale
Participant overview flyer (BB12463)
Use this summary with participants to explain the benefits of the plan and how it works.
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BMA Services Flyer (BB9441)
Outlines the added benefits employers and plan participants get from our administrative services through Business Market Administration (BMA).
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Sample Agreement (BB12467)
Contains some of the important issues to assist the client's attorneys with drafting the actual agreement.
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GI Term - Key employee benefit implementation email - for employer (LF1334)
Provide the employer this email template to use when communicating the enrollment process for their key employees.
Get Email (OFT)
GI Term - Key employee benefit enrollment email - for employees (LF1335)
Provide the employer this email template to use when communicating the enrollment process for their key employees.
Get Email (OFT)
Key materials listed below.
Business Case Submission Checklist (DD849R)
Form that must be used when submitting Life applications to BMA to fund business solutions.
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Advanced Markets Information
Technical material for applied knowledge on a specific topic.
View Advanced Markets Information
Important Information
This content is designed for use by financial professionals. Consumers may learn more about products and services on principal.com.
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