Group benefits

Making the most of your benefit dollars when selecting group insurance is important. After all, you have a benefits budget you need to stick to. The insurance you offer employees has to meet their needs and your bottom line. That’s where we can help. We offer quality, affordable employee benefits you can depend on.

Who pays the insurance premium? You can choose to pay for all, part, or none of the premium with most of our insurance products. If your budget is tight, employees could pick up the entire cost of premium with voluntary insurance.

What is group insurance?

Group insurance describes insurance that covers a group of people—in your case, your employees. Group insurance is part of a comprehensive employee benefits package and can include a mix of insurance products.

Whether you need short-term disability, long-term disability, or both, we’ve got you covered. Plus, our definition of disability can make a difference at claim time.
Your employees and their families all have different needs for life insurance. That’s why our flexible products are such a nice fit.
We make it easy to offer dental benefits tailored just for you and your employees. And, our large network of dentists means employees have more choice in who they see.
It’s simple to administer and is a great way to round out your benefits package. And employees appreciate being covered for services like exams, glasses, and contacts.
Think of this coverage as extra financial protection beyond medical and disability coverage. It provides a lump-sum cash benefit if an employee is diagnosed with a specific critical illness*.
This coverage helps supplement key benefits by providing employees with a lump-sum cash benefit after a covered accidental injury.

Why offer group insurance from Principal?

Great employee benefits can help you attract and keep quality employees. Our comprehensive products and services give you the flexibility to design benefits that work for you and your employees. With Principal, you can:

  • Customize coverage to help meet your employees’ needs.
  • Choose to pay all, part or none of the premium.
  • Tailor benefits to your specific business size.

Every benefits package from Principal also includes a variety of services to make offering benefits easy—you choose the education and enrollment methods that work best for your business. Then go online to administer your benefits.

I’m interested in Principal group benefits. What’s next?  

  • Do you know how your benefits measure up? See how your company's benefit design measures up with other companies like yours.
  • Talk to your broker about how Principal can be a part of your benefits package.
  • Already a customer? Log in to manage your benefits online.

Do you offer employee benefits through us?

Manage your benefits online.

Compare your benefits

The Principal Benefit Design ToolSM lets you compare insurance and retirement benefits with organizations like yours.

Need to submit a claim?

Depending on the product, this is done in different ways. Get help with claims.

Learn more about building your benefits package.

Man who has considered the tax implications of employee benefits.

Tax implications of employee benefits

See what tax considerations there are for employee benefits and the impact those taxes can have on your business.

* Specified disease in New York.


This is an overview of the benefits insurance provides, but there are limitations and exclusions. For cost and coverage details, contact your Principal representative. Insurance from Principal® is issued by Principal Life Insurance Company, Des Moines, IA 50392.