Principal made a strategic decision to exit the “retail” U.S. life insurance market, but remains committed to insuring the “business market”. This includes:
- Insurance for business owners and their key employees for business planning purposes.
- Insurance for business owners, their key employees, and their relatives for personal planning purposes.
- Trust owned insurance for business owners, their key employees, and their relatives for personal planning purposes.
- New Accelerated Underwriting program for high income earners without an exam up to $50 million for clients affiliated in the business market as noted above.