Increased Issue & Participation Limits
Effective September 27, 2010, Principal Life Insurance Company is increasing issue and participation (I & P) limits for Individual Disability Income (DI) insurance.
- The single-life issue limit for 5A, 4A and 3A occupation classes has been increased to $20,000/month.
- Individual Disability and group Long-Term Disability (LTD) participation limits have been combined resulting in increases for all occupation classes.
The increases are shown below:
Individual DI Insurance
|
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Occupation Class |
Issue Limit |
Individual and Group LTD Participation Limit |
5A, 4A, 3A |
$20,000 |
$30,000 |
5A-M, 4A-M, 3A-M |
$15,000 |
$25,000 |
2A |
$8,000 |
$10,000 |
A |
$6,000 |
$8,000 |
