Financial Professionals Group benefits Group Life

Group Life

Group Life

Find the solution that satisfies everyone with our flexible employer-paid and employee-paid products.

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Coverage is important—for every stage of life employees are in.

Employees, spouses, and dependent children can all be covered. In addition, they have access to a variety of extra features—at no extra cost to your client. For qualified claims up to $50,000, we can gather information over the phone—without your client submitting a claim form or death certificate.

Minimum case size
  • Employer-paid: 2 enrolled employees if sold with another coverage, or 5 employees if sold standalone
  •  Voluntary: 5 eligible employees

     
Participation requirements
  •  Employer-paid: 100% for non-contributory, or 50% for contributory or 2 enrolled employees (whichever is greater)
  •  Voluntary: 20% or 5 enrolled employees (whichever is greater)
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Group life overview

Coverage details for employee, spouse and child group and voluntary term life.

View Group life overview
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Voluntary term life

Give your clients options, including increments and multiple of salary.

View voluntary term choices
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Will & Legal Document Center

Help clients protect their employees’ families, finances, and futures.

More on wills & legal documents
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AD&D overview

Add AD&D to group or voluntary policies to offer even greater protection.

Get details AD&D

Working with Principal®

Principal is proud to be part of the local community. Being in your market allows us to understand your market’s specific needs, create solutions to help solve your challenges, and develop close relationships.

If you're a broker or employer looking to enhance your group benefits offerings, we'd love to talk with you.

Have a Principal representative reach out