April 17th, 2019

Principal: Changes to MNSA rider add more flexibility

Changes to MNSA rider
add more flexibility

Beginning April 15, the Mental/Nervous & Substance Abuse (MNSA) rider1 with up to a 10% discount will be optional on individual Disability Income (DI) insurance policies from Principal®, including:

  • Single-life cases (except in CA, FL, LA, NV).
  • Multi-Life or association cases at the individual level, instead of employer or case levels (except in CA and for all Guaranteed Standard Issue cases).
  • Policies with the Regular Occupation rider.

This change will help you customize clients’ policies based on their needs and budget.

Keep in mind

  • The MNSA rider is not changing. For MNSA claims, the lifetime benefit period is 24 months.
  • The illustration system will be updated with these changes April 15.
  • When completing the producer report, indicate on page 2 whether or not the MNSA rider is wanted on the policy.
  • The MNSA rider is required for the following occupations:
  • Emergency-room physicians
    • Anesthesiologists
    • Pain-management physicians
    • Nurse anesthetists
    • Any resident who’s declared one of these as a specialty
  • Transition guidelines:
    • Ask your case coordinator to review any DI business submitted, pending or issued within the past 60 days. For all other DI policies, the MNSA rider cannot be changed.
    • For the occupations/specialties listed above:
      • applications will be accepted for up to 60 days without the MNSA rider.
      • The Regular Occupation rider still requires the MNSA rider.
      • Contact your case coordinator with questions

1 The Mental/Nervous & Substance Abuse rider is not available in VT. For details, visit principal.com/distateapprovals. 10% discount for To Age 65, To Age 67 and To Age 70 benefit periods. 5% discount for 2-year and 5-year benefit periods. In TX, not available on 2-year benefit period; 3% discount with 5-year benefit period; 5% discount for all other benefit periods.


Multi-life Disability Insurance Discounts: One of Your Best Marketing Strategies (Part I)
Multi Life Disability  

Writing multiple lives at the same work place or in the same association can bring the costs down for your clients - while still maintaining all of the advantages of an individual policy.

This blog post focuses on the most common and most basic approach to writing three lives at the same place of employment.


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