Employer-provided insurance

Answers to common questions about the impact of COVID-19 on insurance policies available through an employer.

Information is current as of July 13. Things are changing quickly. We're monitoring developments and will keep you updated here.

If you, or your employees, are quarantined or ill

If your job or business situation has changed

Questions about coverage

Premiums and payments

We extended grace periods to 60 days for monthly bills through June 1, 2020.

Plus, we’re actively monitoring grace period changes at a state level and will implement those requirements that have an extended grace period.

This is a rapidly changing situation. We’ll continue to monitor and adjust information, so check back for updates.

Take care of your mental health with employee assistance programs

We know you may be feeling overwhelmed and anxious. As a customer with benefits through your employer, you have access to the Employee Assistance Program (EAP).

Currently, Principal and Magellan are extending telephonic EAP support during this COVID-19 crisis. Contact Magellan Healthcare 24/7 at 800-450-1327 for free, confidential consultation services.

Insurance issued by Principal Life Insurance Co. Plan administrative services offered by Principal Life. Principal National and Principal Life are members of the Principal Financial Group®, Des Moines, Iowa 50392.

This information is intended only as a general announcement. It is not a complete statement of the rights, benefits, limitations, and exclusions of the coverage described here. For cost and coverage details, contact your Principal Life representative. Principal® has arranged with Magellan Healthcare to make its Employee Assistance Program (EAP) available to employees with group disability coverage insured by Principal Life Insurance Company. EAP isn’t part of the insurance contract or policy and may be changed or cancelled at any time. Not all services available to group policies issued in New York. Magellan is responsible for all EAP services provided through this program. EAP services in California are provided through Magellan Health Services of California, Inc. Employer Services. Magellan isn’t a member of the Principal Financial Group®. CRITICAL ILLNESS INSURANCE (SPECIFIED DISEASE IN NY) PROVIDES LIMITED BENEFITS.