Picture of a business owner who is deciding what group insurance to offer their employees.

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.

What group insurance product should you offer?

Consider offering a combination of insurance products to build a comprehensive benefits package, with the ease of managing it all in one place.

Group disability insurance

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.

Group life insurance

Your employees and their families all have different needs for life insurance. That’s why our flexible products are such a nice fit.

Group dental insurance

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.

Group vision insurance

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.

Group critical illness insurance

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.1

Group accident insurance

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.

Plus, if you offer group benefits from Principal, your employees and their dependents may have access to either an employee assistance program (EAP) or a free emotional health support line.2

Tools to help you and your business

Icon demonstrating to assess the needs of your business.

Assess your business needs

Use this tool to get a personalized report to explore best practices for helping protect your business, your employees, and your lifestyle.

Learn about the assessment

Icon demonstrating that you can compare your company's benefits to what other businesses offer.

Compare your benefits

See how your benefits compare to what other organizations of your size, industry, and region offer their employees. Are you competitive?

Learn more about the tool

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

  • 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.

1 Specified disease in New York.

2 This service is not part of the insurance contract and may be changed or discontinued at any time. Principal is not liable for products and services provided by third parties. Not available with group life policies issued 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.