When you're in need of an easy, convenient and effective method for employees to elect and enroll in Principal Life group products – dental, disability, life, vision or critical illness – Principal-Only Enrollment is your solution.
Provided to employers with 20 or more employees* at no additional cost, it allows employees to enter their benefit elections directly into the system 24/7 – at work, at home or wherever the Internet can be accessed. This allows spouses or significant others to be part of the benefit selection process.
With Principal-Only Enrollment, you can expect:
- Regular updates on enrollment progress and participation levels
- Payroll deduction file upon enrollment closure
- Increased accuracy in determining the first month's premium
- More time to devote to other activities instead of gathering incomplete or missing employee data
- Quick and easy employee navigation through the enrollment process
Principal-Only Enrollment saves time and energy by eliminating enrollment paperwork – and the frustrating job of trying to read handwritten forms. Once enrollment has been completed, employees print an election confirmation statement summarizing their choices.
*To qualify, employers need a minimum of 20 employees who are eligible to enroll in at least one Principal Life product.
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This summary is not an insurance contract or a complete statement of the rights, benefits, limitations or exclusions of the coverage described here.