Term Insurance: A simple option to help meet a range of protection needs
Now, new premium rates make coverage even more attractive. Effective, Nov. 1, 2021, new rates are available for Principal® 10-, 15-, 20-, and 30-Year Term.
Key things to know about the reprice
- Level term rates are lower at many ages and risk classes. (Principal® GI Term and Principal® One-Year Term rates are unchanged.)
- New rates are approved in all states and available to quote now.
- November 1, 2021
- New Term 11/21 rates are available to sell and quote
- We’ll except applications for original rates until December 1, 2021
- Term applications in underwriting will be issued at rates applied for unless 11/21 rates are requested.
- December 2, 2021
- All applications received in the home office on or after this date will be issued with 11/21 rates
Find out more about these changes from Principal…