Employers, employees, and beneficiaries all have different needs for life insurance.


Find the solution that satisfies everyone with our flexible products.


Then add Accidental Death & Dismemberment coverage to give employees even more benefits.

Getting benefits sooner

Helping individuals receive the benefits promised – as quickly and easily as possible – is our top priority. Often, a benefit check can be received sooner.


For qualified claims up to $50,000, we can gather information over the phone – without your client submitting a claim form or death certificate.


Beneficiaries are then able to manage financial responsibilities a little easier.


With online claim submission, employers and beneficiaries can easily submit claims 24/7.


Knowing the ins and outs of disability coverage lets you design programs that meet your specific needs. Our flexible options make customization easy!


Enjoy one-stop shopping for disability coverage: Make sure your clients have both group short-term disability (STD) and long-term disability (LTD).


Then enhance your benefits package by adding individual disability insurance.


One small word makes a big difference

Just one word can determine when – or if – an employee qualifies as disabled. That word is “or.”


Using our “or” definition of disability, employees qualify for benefits by meeting either of the following criteria:

Business owner solutions

Help business owners get the protection they need to help their business run if a disabling illness or injury keeps them from working.


Business owners can be confident in their coverage thanks to our standard definition of compensation. This definition covers the owner’s share of the net profits plus his or her salary, averaged over the last two years.


Principal also offers individual disability solutions to help business owners protect their income, business, and employees from the threat of a disability event.


Absence management resources 

Be compliant with FMLA laws. Keeping up with and administering employees’ leaves of absence can be challenging.


Clients have fewer worries interpreting federal and state laws when using Principal Absence Management.


They’ll know decisions are compliant and consistent with disability and Family and Medical Leave Act (FMLA) administration.


Employers with 150+ employees and short-term disability coverage from Principal are eligible for these services.

Supplemental Benefits

Critical Illness


Critical illness insurance covers the most common serious illnesses: cancer, heart attack, stroke, major organ failure, and coronary artery bypass graft.


When a covered employee or family member is diagnosed with a specific critical illness, they receive a cash benefit to use any way they want.


  • Benefit amounts up to $100,000.

  • Guaranteed coverage.

  • Multiple payouts - Covers additional occurrences of the same or different illnesses when separated by 12 months. The same illness must be 12 months treatment free.

  • Maximum lifetime benefit - Two times the scheduled benefit.

  • Optional: dependent coverage, wellness benefit, and portability.



Accident insurance pays an up-front benefit based on covered injuries received because of an accident.


It’s not dependent on services, tests or treatments, so a covered employee or family member can get paid right away with less paperwork.


And there’s no guesswork about the benefit amount.

  • Covers burns, comas, concussions, dental or eye injuries, dislocations, fractures, internal injuries, and disc/knee cartilage/tendon/ligament/rotator cuff injuries.

  • Choice of 24-hour coverage or off-the-job only.

  • Optional: dependent coverage, accidental death, and dismemberment (AD&D) benefit, wellness benefit and portability.