Help with managing my benefits

Photo of a woman and her child at a doctors office.

September 16, 2020

2020 trend: Businesses help provide stability through employee benefits

Employers are providing a greater sense of stability to employees through workplace benefits. To cope with the current pandemic and to plan a financially secure future.

Ideas and action items

1

If you rehire an employee within six months of their termination date, their Principal® group insurance benefits are reinstated without the typical waiting period for a new worker.

2

There are no pandemic exclusions in Principal insurance policies. COVID-19 is evaluated the same as any other medical condition.

3

If you’re experiencing hardship, you may have flexibility in paying your insurance premium. Call us to discuss.

Answers for you and your employees about your Principal benefits

The subject matter in this communication is educational only and provided with the understanding that Principal® is not rendering legal, accounting, investment advice or tax advice. You should consult with appropriate counsel or other advisors on all matters pertaining to legal, tax, investment or accounting obligations and requirements.

Insurance products issued by Principal National Life Insurance Co. (except in NY) and 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, IA 50392.