Principal Survivorship Universal Life Protector
How it Works
Principal Survivorship Universal Life ProtectorSM (Principal SUL Protector) insures the lives of two people and pays a death benefit at the death of the surviving insured. Principal SUL Protector helps provide the liquidity needed to help pay estate taxes, keep your business operational, transfer wealth, or make a gift to a family member or a favorite charity.
Highlights1
- Covers two individuals with benefits payable upon the surviving insured’s death
- Affordable premium payments
- Minimum face amount of $250,000
- Provides riders and features that help with estate and business planning
needs:
- Four-Year Term Insurance rider
- Policy Split Option provision
- Estate Tax Repeal rider
- Single Life Term Insurance rider
- Choice of Death Benefit Options
- Lapse Protection Provision
Contact
your financial representative to learn how Principal SUL Protector can help you
protect your legacy! Or, locate a representative through our Office
Locations section.
1Guarantees are based on the claims paying ability of The Principal Life Insurance Company, Des Moines, IA
While this communication may be used to promote or market a transaction or an idea that is discussed in the publication, it is intended to provide general information about the subject matter covered and is provided with the understanding that The Principal is not rendering legal, accounting, or tax advice. It is not a marketed opinion and may not be used to avoid penalties under the Internal Revenue Code. You should consult with appropriate counsel or other advisors on all matters pertaining to legal, tax, or accounting obligations and requirements.
Insurance issued by Principal Life Insurance Company, a member of the Principal Financial Group®, Des Moines, IA 50392. Products and features are subject to state availability.
Policy Form #SF762-1; Rider Form #SF763, SF764, SF765,
SF767
Approval #6041092008
