Principal Insurance Company: A Complete Review

Principal Insurance Company is a leading insurance provider in the United States, offering a wide range of insurance policies to individuals and businesses. With over 140 years of experience, Principal Insurance Company is known for providing reliable and affordable insurance solutions that meet the unique needs of its customers. In this article, we will take a closer look at Principal Insurance Company, its history, products, services, and more.

History of Principal Insurance Company

Principal Insurance Company was founded in 1879 as Bankers Life Association. The company started off by selling life insurance policies to bankers, but soon expanded its offerings to include other types of insurance policies. In 1985, the company changed its name to Principal Financial Group to better reflect the range of financial services it offered. Today, Principal Insurance Company is a subsidiary of Principal Financial Group and is headquartered in Des Moines, Iowa.

Over the years, Principal Insurance Company has grown to become one of the largest insurance providers in the United States. It has a strong financial rating and is known for its excellent customer service.

Insurance Products Offered by Principal Insurance Company

Principal Insurance Company offers a wide range of insurance products to individuals and businesses. Some of the popular insurance policies offered by Principal Insurance Company include:

Insurance Policy
Description
Life Insurance
Offers financial protection to your loved ones in the event of your death
Disability Insurance
Provides financial support in case you become disabled and are unable to work
Health Insurance
Covers medical expenses, including hospitalization, surgery, and other treatments
Dental Insurance
Covers routine dental care, including check-ups, cleanings, and fillings
Vision Insurance
Covers eye care, including eye exams, eyeglasses, and contact lenses

In addition to these policies, Principal Insurance Company also offers insurance products for businesses, including group life insurance, disability insurance, and dental insurance.

Services Offered by Principal Insurance Company

Principal Insurance Company offers a range of services to its customers. Some of the popular services offered by the company include:

  • Online account access
  • 24/7 customer service
  • Financial planning services
  • Investment management services

With these services, customers can easily manage their insurance policies and plan for their financial future.

FAQ

What is the minimum age to apply for life insurance with Principal Insurance Company?

The minimum age to apply for life insurance with Principal Insurance Company is 18 years.

Can I change my insurance policy with Principal Insurance Company?

Yes, you can change your insurance policy with Principal Insurance Company. You can contact the company’s customer service team to make changes to your policy.

How can I pay my insurance premiums with Principal Insurance Company?

You can pay your insurance premiums with Principal Insurance Company online, by mail, or by phone. The company offers a range of payment options to make it easy for customers to pay their premiums.

What is Principal Insurance Company’s financial rating?

Principal Insurance Company has a strong financial rating. The company has been rated A+ by A.M. Best, which is one of the leading rating agencies in the insurance industry.

What types of businesses can purchase insurance policies with Principal Insurance Company?

Principal Insurance Company offers insurance policies for small, medium, and large businesses across a range of industries. The company’s insurance policies can be customized to meet the unique needs of each business.

Conclusion

Principal Insurance Company is a reliable and trustworthy insurance provider that offers a range of insurance products and services to meet the unique needs of its customers. With a strong financial rating and excellent customer service, Principal Insurance Company is a top choice for individuals and businesses who are looking for quality insurance solutions. Contact the company today to learn more about its insurance policies and services.