Principal UL Flex III repriced and UL Provider Edge discontinued in 2026
We’re excited to start the new year with a more streamlined universal life product portfolio for you and your clients.
Effective Jan. 2, 2026, Principal Universal Life Flex III℠ (UL Flex III) is repriced for new-issue policies. The reprice includes a change to the optional Extended No-Lapse Guarantee (ENLG) rider to allow a benefit to a maximum age 100. This enhancement, combined with the efficient cash-value accumulation and flexible features of UL Flex III, makes it a solution to consider for a variety of business and personal insurance needs.
View important transition guidelines for submitting UL Flex III business.
In addition, Principal Universal Life Provider Edge II℠ (UL Provider Edge II) will no longer be available after Jan. 30, 2026 (Dec. 31, 2025, in New York).
Review important details and key dates for submitting UL Provider Edge II business.
Consider UL Flex III when you’re looking for a cost-effective UL product.
Ideal clients for UL Flex III:
- Want cost-effective coverage with attractive cash-value growth
- Need flexibility to meet changing needs
- Value predictability of fixed returns
- Seek guarantees that can last well beyond life expectancy
UL Flex III target market:
- Ages 45-75
- $1 million face amount and above
- Moderate funding level
- Business insurance needs including key person, buy-sell, and key employee retention
- Legacy and estate planning needs
Learn more
Visit our UL product website for product details and marketing materials or contact the National Sales Desk at 800-654-4278.