A standard death benefit is automatically issued with Pivot contracts, and clients also have the option of choosing between two enhanced death benefit options.
The death benefit can be an important feature for clients who want to help provide financial security to their beneficiary(ies) but are uninsurable through traditional life insurance. Our death benefits require no underwriting.
Our enhanced annual step-up death benefit allows clients to use annual gains in their account value to create a greater guaranteed death benefit.
Contact your local Principal® rep to ask about variable annuity solutions: