Have you already quoted with  Principal life insurance  ? If you haven’t already done so, today we want to show you the reasons why you should consider  Principal insurance  as a guaranteed option to support the financial future of your loved ones in the event of death. Keep reading about one of the best life insurance companies  in the United States  !

Principal Life Insurance: What coverage options do you offer?

Whether you want to leave an inheritance to your descendants and thus cover their school or university bills, settle outstanding accounts payable even when you are missing, plan for your future retirement or are thinking of increasing your capital through an investment fund, Principal is the ally you need

Below we show you the life policy options that Principal has for you:

1. Temporary coverage with Principal

A coverage for specific periods of time that adjusts to your budget and current condition , but the best part is that in addition to being one of the cheapest life insurance , you can start with this economic option to later change it to a permanent coverage plan. in case you require it.

The term coverage options offered by  Principal  are as follows:

• 10 years.
• 20 years.
• 30 years.
• Even one year for the shortest or most specific terms.

2. Permanent coverage with Principal

If you want your children to enjoy tax-free death benefits, then permanent coverage may be the right option for you.

Long-term coverage is available with Principal to financially prepare your descendants for the unexpected. 

Consider the following:

The monthly premium you’ll have to pay for permanent coverage will certainly be higher, but you can view it as a long-term investment, as you’ll be accumulating interest funds that your children or partner can use as cash value to pay for emergencies. bills. .

It all sounds good so far, but… What permanent coverage options do I find available with  Principal  ?

Choose to suit you among the 4 permanent coverage options offered by  Principal  :

• Universal Life Coverage –  This option has proven to be ideal for flexibility in the death benefits you want to inherit to loved ones, as well as the option to customize your premiums. But as an extra bonus:Build cash value and have the option to include collateral that increases the financial security of your loved ones in the event you are gone.

• Indexed Universal Life Coverage –  An enhanced option to urgently consider if you are looking to not only protect your family, but also greater potential for growth in cash value benefits. You can also start benefiting from the interest earned based on the linkage of a stock index.Thinking of penalties with other insurers? Well, don’t worry about it! This coverage plan allows you to access tax-deferred cash benefits without being penalized.

• Variable Universal Life Coverage:  If you want to accumulate more cash value, without being penalized once you access the cash values ​​you’ve been able to accumulate, and take the opportunity to generate additional income by converting cash values ​​into annuities, then don’t let that you join  Principal  today with this plan.

• Survival coverage:  Covers the life of two people, with the advantage that in the case of the second life, a payment will be received for their death. See it as a way to deduct taxes when planning your estate plan