Introducing Principal UL Provider Edge II and re-priced UL Flex III
Two updated choices to help clients protect what matters
New Principal Universal Life Provider Edge IISM
When your individual and business clients have a need for affordable coverage with long-term guarantees, Principal Universal Life Provider Edge II can help.
Highlights:
• Flexible payment levels that can fit within most budgets
• Optional extended no-lapse guarantees to age 100
• Early access to death benefits for health issues
• Innovative Business Value Increase Rider1
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Re-priced Principal Universal Life Flex IIISM
The premium rates are new, but the product’s benefits remain the same. Your clients get cost-effective coverage, attractive long-term cash-value growth potential, accelerated benefits for chronic illness, and optional extended no-lapse guarantees.
Re-price overview:
• Policy charges include a combination of slight increases and decreases.
• The guaranteed minimum interest rate for cash value is now 1%.
• The No Lapse Guarantee (NLG) duration is reduced at older issue ages.
• The policy loan charge rate and loan crediting rate are reduced.