| Dec. 1: Income Protector available in more states
Good news—effective Dec. 1, Principal® Income Protector, our new individual Disability Income (DI) insurance product, will be available in three additional states: ND, SD, and WY. Income Protector replaces our HH750 series individual DI product. To get an HH750 policy in any of these three states, we must receive a signed application in our Home Office by Feb. 2, 2024. View the transition guidelines.
See the Income Protector Profile for product details. And visit Principal® Income Protector for other important tools and resources for you and your clients.
We’ll also introduce the new delivery receipt for these three states that will be included in the policy packet when required. Completion of the new receipt will require you to:
- Answer a short series of “yes/no” questions.
- Provide additional details for any “yes” responses.
- Have the insured/owner sign and date the form.