Truluma News

Principal releases new commission schedule for 2023

Principal has released a new DI compensation schedule which will take effect 1/1/23.  The new schedule includes three segments that are independent of each other with separate renewal qualification schedules:

  • Disability Income for M&D Occupation Classes Under Age 40
  • Classes A – 6A+, Disability Income for M&D Occupation Classes Age 40 and Above, Business Products
  • Policies with a policy date prior to Jan 1, 2023 (including policy adjustments)

Additionally, Principal has introduced a New Business Bonus and Inforce Bonus designed to reward long-term, quality business.

Producer Commission Schedule 2023

DI10383 IDI Compensation FAQs

 

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