Principal Announces Changes in Individual Disability Insurance

Jamie Announcements

Principal announced several changes that will be effective as of February 6, 2017: The Simplified Single life disability income monthly benefit will increase to $6000/month benefit. Disability Income Retirement Security monthly benefit limits will increase to $4550/month for individual paid and $5850/month for employer paid policies. Several occupations are reclassified: 5A Pharmacists 4AM Nurse Practitioners 3AM Dentists and dental specialties …

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Principal Now Allows Clients to Pay Online

Jamie Announcements

Online policy payments – now available! Make quick, convenient and secure online payments for your life and/or disability insurance policy from your checking or savings account. How to get started: To access Principal Pay Online, click here. On this page you will:  Enter your policy number  Click the Pay Now button Once you’ve entered the Pay Online homepage, fill out …

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MetLife Announces It Is Leaving Individual Disability Insurance Marketplace

Jamie Announcements

MetLife made a startling announcement this week that they are leaving the individual disability insurance marketplace. Per MetLife: “As we continue to pursue our goal of creating a new, stand-alone U.S. Retail organization, we are evaluating our business model and making difficult, but strategic decisions. As part of that evaluation process, we have decided to suspend Individual Disability Insurance (IDI) …

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Principal Disability Insurance Changes

Jamie Announcements

Principal Disability Insurance Changes Effective Immediately Principal Financial Group announced the following changes to their individual disability policy effective immediately: 1) For occupation classes 6A, 5A, 4A and 3A, clients may purchase up to $20,000/month benefit.  Benefits may aggregate with another individual disability insurance for up to $35,000/month benefit. In addition, clients may purchase up to $35,000/month benefit if there is …

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