Introducing Principal UL Provider Edge II and Re-Priced UL Flex III

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New Principal Universal Life Provider Edge IISM

When your individual and business clients have a need for affordable coverage with long-term guarantees, Principal Universal Life Provider Edge II can help.

Highlights:

  • Flexible payment levels that can fit within most budgets
  • Optional extended no-lapse guarantees to age 100
  • Early access to death benefits for health issues
  • Innovative Business Value Increase Rider1
PRODUCT PROFILE
STATE APPROVALS
MARKETING MATERIALS

Re-priced Principal Universal Life Flex IIISM

The premium rates are new, but the product’s benefits remain the same. Your clients get cost-effective coverage, attractive long-term cash-value growth potential, accelerated benefits for chronic illness, and optional extended no-lapse guarantees.

Re-price overview:

  • Policy charges include a combination of slight increases and decreases.
  • The guaranteed minimum interest rate for cash value is now 1%.
  • The No Lapse Guarantee (NLG) duration is reduced at older issue ages.
  • The policy loan charge rate and loan crediting rate are reduced.
TRANSITION GUIDELINES
STATE APPROVALS
MARKETING MATERIALS