Principal Reprices UL Flex

Written By Guest User

Principal Indexed Universal Life Flex IISM (IUL Flex II) has been repriced to meet Internal Revenue Code (IRC) Sec. 7702 guidelines and is available now in approved states. It offers cost-effective coverage and efficient cash value growth that can make it ideal for your business owner clients to fund key person protection, exit strategies, personal family protection, and more.

Enjoy the benefits of IUL Flex II

  • A simple, transparent design with no rate bonus or index multipliers

  • An optional Extended No-Lapse Guarantee Rider1 that offers greater than life expectancy guarantees for ages 50+

  • Early access to the death benefit for a chronic illness that’s available via an accelerated benefit rider—automatically added to qualifying policies at no additional cost

Additional Product Updates

As of Jan. 5, 2022, Principal Universal Life Provider EdgeSM is available for sale in the state of California. On Jan. 15, 2022, Principal Indexed Universal Life Flex II will be available for sale in the state of South Dakota.

Guest User
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