See What Principal And Our Insurance Brokerage System Has To Offer!

Principal Life Insurance Company products and services includes retirement solutions, life and health insurance, wellness programs, and investment and banking products through our diverse family of financial services companies and national network of financial professionals.


Life Insurance

Life insurance provides a degree of financial protection against the certainty of death and can help survivors achieve specified financial objectives. Life insurance death benefits are usually income tax free and can be used to complete a retirement plan, generate lifetime income, pay off the mortgage, and provide funds for childcare, college educations and more. Life insurance policies that accumulate cash value can often provide tax-advantaged money to help meet retirement or emergency cash needs.

Many factors are involved in determining the amount and type of life insurance that's right for you. To help people better understand life insurance, The Principal Financial Group^® developed the From Here to Security^SM program - complete with a step-by-step educational booklet and interactive calculator. These tools, along with your financial representative, can help you identify the amount and specific types of life insurance that will help you achieve your financial goals.

Types of life insurance available from The Principal^® include:

Universal Life Insurance

• Delivers flexible death benefits and flexible premiums (as long as the cash values are enough to cover insurance costs)
• Usually includes a cash value account that accumulates at a floating rate of interest, with a minimum rate guarantee
• Accumulates cash value that may be used to help pay for the cost of insurance, riders and other policy expenses
• May provide secondary guarantees such as no-lapse protection that allows for you to dial in your coverage period from 10 years to age 100

Variable Universal Life Insurance

• Combines the flexibility of universal life with the performance of investment accounts - with a focus on accumulating cash values
• Is performance-based and may outperform or underperform a traditional whole life or universal life policy
• Has flexible death benefits and flexible premiums (as long as the cash value of the policy is adequate)
• Directs net premium to investment accounts, with potential growth in cash value and death benefits tied to the accounts' performance, except in the fixed account there is no guaranteed rate of return and you could lose money

Survivorship Life Insurance

• Covers two lives, where the death benefit is payable on the death of the second life
• Is commonly used in estate planning, where the first spouse to die leaves his or her estate to the surviving spouse, utilizing the unlimited marital estate tax deduction; the estate then becomes taxable upon the death of the second spouse

Term Insurance

• Provides protection for a specific term (typically one, five, ten or twenty years)
• Produces a death benefit that is generally free from income taxes
• Is often renewable after the policy term without evidence of insurability
• Usually costs less than permanent insurance in the short-term
• Can usually be converted to permanent insurance with the same company during part of the life of the policy
  

• Retirement Plan Forms (Employer-Sponsored)
• Claim Forms (Employer-Sponsored Products)
• Mutual Fund Forms (Principal Funds, Inc.)
• IRA Forms (Principal Bank IRAs only)
• Health Savings Accounts (HSA) Forms for Participants
• Do Not Contact/Call Form

Retirement Plan Forms (Employer-Sponsored)

• Beneficiary Form (PDF: 140 KB)
• Principal Trust^SM Target Date Collective Investment Funds Termination Form (PDF: 14 KB)

Login to access additional retirement plan forms and tools, including:

• Changing your beneficiary
• Changing your contribution amount
• Transferring existing balances
• Rolling over assets

Return to top

Claim Forms (Employer-Sponsored Products)

• Online submissions:
  • Disability Insurance Claim
  • Life Insurance Claim - to be completed by Employers
• Printable versions:
  • Disability Insurance Claim (PDF: 242 KB)
  • Life Insurance Claim - Interest Draft Account Policies (PDF: 195 KB)
  • Life Insurance Claim - Lump Sum Payment (PDF: 212 KB)
  • Prescription Drug Claim Form (PDF: 96 KB)

Need more claims information?

• Login to review existing claim activity.
• Review these How To Submit a Claim instructions or find out What's on an ID Card (PDF: 100 KB).
• Check out our Group Claim & Benefit Services section.

Mutual Fund Forms (Principal Funds, Inc.)

• Download a prospectus for A, B & C shares
• Download a prospectus for J shares
• Request a prospectus be mailed to you (A, B & C shares)
• Request a prospectus be mailed to you (J shares)

IRA Forms (Principal Bank IRAs)

• IRA Distribution Form
• IRA Contribution Form
• IRA Designation or Change of Beneficiary Form
• Request for Direct Rollover to a Traditional IRA

HSA Forms

Change of Beneficiary Form (PDF: 125 KB)
Complete this form to change or designate beneficiaries for your HSA.

HSA CD Application (PDF: 101 KB)
Complete this form to set up a Principal Bank HSA Certificate of Deposit.

HSA Authorized Signer Form (PDF: 76 KB)
Complete this form to designate an Authorized Signer for your Principal HSA. Your Authorized Signer will have the right to transact business for your HSA, including depositing money, writing checks and using a debit card.

HSA Expense Tracking Form (PDF: 57 KB)
Use this form to track distributions from your HSA.

Postage-paid Envelope Request Form
Complete this online form to request postage-paid envelopes to submit HSA deposits to Principal Bank.

Request for Direct Transfer Form (PDF: 18 KB)
Complete this form to transfer an Archer Medical Savings Account (MSA), Individual Retirement Account (IRA) (one-time only) or another HSA to a Principal HSA. Mail the form to Principal Bank.

Rollover Contribution Form (PDF: 86 KB)
Complete this form to roll over funds from an Archer MSA or another HSA to your Principal HSA. Mail the form to Principal Bank.

HSA Disclosures

Principal Bank Terms and Conditions (PDF: 166 KB)

Principal Bank Schedule of Fees (PDF: 62 KB)