Principal: Adjustments to New Business Guidelines

Effective immediately, Principal will begin to REQUIRE use of VIVE, Quick Submit or iGO ticket for ALL term cases of $500,000 and under. Regular paper applications will no longer be accepted; contact our Case Design Team for any questions or more details.

The transition will allow acceptance of a paper application or E-App received in the home office by September 1, 2020

Informal application guidelines are adjusted. Effective immediately, the required minimum face amount for an application increases from $1 million to $3 million. Additionally, the maximum insured age for Principal Survivorship Universal Life Protector III^SM applications is now 75.