Principal updated applications for most states
Starting Nov. 11, watch for updated individual life and disability new business, adjustment / reinstatement and TeleApp applications. The new TeleApp will be used for any interviews scheduled to be completed starting November 11th.
Although you can continue to use the old applications until Jan. 11, 2018, it's important to start using the new applications on eApp and Create an App. If an application is pending after Jan. 11, 2018, you may be required to complete a new application. Click here to learn more.
Principal year-end processing dates
To make sure your individual life and/or disability insurance business is processed and paid in 2017, follow these deadlines. We can't guarantee processing in 2017 after those dates, but we'll continue to process year-end business through Dec. 29.
Key dates:
- Dec. 22 - Final delivery requirements for new business, adjustments and reinstatements needed to be guaranteed for 2017
- Dec. 25 and 26 - Closed for Christmas
- Dec. 28 - Last day variable business can be placed in-force to count for 2017
- Dec. 29 - Last day fixed business can be placed in-force to count for 2017
- Jan. 1 - Closed for New Year's
- Jan. 11 - Old applications no longer accepted. For applications pending policy issuance after this date, new applications and/or TeleApp may be required to be completed.
Note: Effective dates of underwritten adjustments and reinstatements are determined by each contract and are processed on the monthiversary after underwriting approval. |
