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Benefit VUL II (New York)

Principal Benefit Variable Universal Life II (Benefit VUL II) provides life insurance death benefit and can also help build cash value. It’s a great option to use for informally financing nonqualified executive benefits for business owners and key employees, or in addressing family protection and personal retirement income preservation.

View Product Guide (LV352) (login required).

Important Information

Before investing in variable life insurance, investors should carefully consider the investment objectives, risks, charges and expenses of the policy and the underlying investment options. This and other information is contained in the free prospectus and, if available, the summary prospectus, which can be obtained from your local representative or online at www.principal.com. Please read the prospectus and, if available, the summary prospectus carefully before investing.

Variable life insurance is subject to market risk, including the potential loss of the principal invested.

In exchange for the death benefit, life insurance products charge fees such as mortality and expense risk charges and surrender fees.

The policy rider descriptions are not intended to cover all restrictions, conditions or limitations that may apply. See the policy and rider for full details. Riders are subject to state variations and may not be available in all states. Some riders may require additional premium.

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