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Time for a Disability Insurance Reality Check

The Principal Financial Group promotes Disability Insurance Awareness Month in May

April 28, 2009 (Des Moines, IA) — What if your paycheck disappeared due to an unexpected illness or injury? Could you cover your expenses?

Nearly half of U.S. workers say they would depend on disability insurance benefits through their employer to maintain their standard of living should they become disabled. Yet, only thirteen percent of employees own a personal disability income policy, according to the latest results from the Principal Financial Well-Being IndexSM.

"Many people underestimate the financial consequences of not having adequate income protection. A disability can stop your paycheck, but it won't stop your bills," said Kevin Farley, vice president of individual disability insurance at The Principal®. "Bolstering your insurance safety net in a tough economy helps assure you and your family will have income to live on and allow you to continue to save for the future should you have a disabling illness or injury."

To help Americans protect their long-term financial security, the Principal Financial Group® is collaborating with the nonprofit Life and Health Insurance Foundation for Education (LIFE) to promote Disability Insurance Awareness Month this May.

"Although often overlooked and undervalued, disability income insurance is one of the most important parts of any individual's financial strategy. Disability Insurance Awareness Month is a timely reminder for all of us to conduct our own reality check to help plan for the unexpected," said Farley.

Insure Your Future

Throughout May and beyond, The Principal advises individuals to assess the income needed to sustain their current standard of living should they become too sick or hurt to work. Individuals are encouraged to learn more about employer-sponsored disability insurance coverage and individual disability income insurance to determine possible disability income gaps. Meeting with a financial professional is often the first step to help develop an action plan for a more secure financial future.

From Here to SecuritySM

To help consumers identify any gaps in their protection plan, The Principal also offers an innovative program to educate consumers on disability and life insurance. This program is called "From Here to SecuritySM,"and it provides easy-to-read materials that include definitions, examples, statistics and personal needs-analysis tools. Insurance calculators allow individuals to run "what if" scenarios to determine any protection gaps in their individual situation.

For more information about disability insurance or the From Here to SecuritySM program, visit

About the Principal Financial Group

The Principal Financial Group® (The Principal®)[1] is a leader in offering businesses, individuals and institutional clients a wide range of financial products and services, including retirement and investment services, life and health insurance, and banking through its diverse family of financial services companies. A member of the Fortune 500, the Principal Financial Group has $247.0 billion in assets under management[2] and serves some 19.1 million customers worldwide from offices in Asia, Australia, Europe, Latin America and the United States. Principal Financial Group, Inc. is traded on the New York Stock Exchange under the ticker symbol PFG. For more information, visit

This Well-Being Index survey was conducted online within the United States by Harris Interactive on behalf of Principal Financial Group between January 26 and February 9, 2009 among 1,155 employees and 540 retirees. No estimates of theoretical sampling error can be calculated; a full methodology is available at

Disability Insurance issued by Principal Life Insurance Company.

"The Principal Financial Group" and "The Principal" are registered service marks of Principal Financial Services, Inc., a member of the Principal Financial Group.
As of December 31, 2008

Call 515.246.4907 or see the full Media Relations contact list.

Call 515.246.4907 or see the full Media Relations contact list.

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