ABC Company
Your benefit package helps you prepare yourself and your family for the unexpected. As an employee of ABC Company, you can purchase insurance at affordable group rates with convenient payroll deduction.
Enroll online January 15-31, 2024. It's easy!
Enroll online – anytime and anywhere. After logging in, you’ll get the details about your benefits and their advantages.
- (Link to appropriate website)
Life has its twists and turns, and the only thing you can really expect is the unexpected. That’s why being prepared for the future is important. While it’s not easy to think about what would happen to your family if you were gone, it doesn’t have to be complicated.
Here’s how life insurance works
Life insurance helps you put the people in your life first. If something were to happen to you, your life insurance proceeds would go to the people you’ve designated as your beneficiaries. Those funds can help them manage financial obligations, such as:
- Immediate expenses – funeral and medical bills
- Ongoing expenses – mortgage/rent and daily living expenses
- Future expenses – paying off debts or college funding
| Insured | Minimum | Maximum with no health questions | Maximum with proof of health |
|---|---|---|---|
| You | $10,000 | $300,000 | $500,000 |
| Your Spouse | $10,000 | $50,000 | $100,000 |
| Your Children | $5,000 | $10,000 | $25,000 |
Materials
- Voluntary Term Life Benefit Summary (PDF)
- Group Term Life Benefit Summary (PDF)
You protect your home, your car and even your life. But what about your income? You depend on your income for everything. So what if an illness or injury affected your ability to work? How would you pay your bills? Without an income, the money you’ve managed to save may need to be used for things like mortgage or rent and daily expenses.
Materials
- Benefit summary
- Rates
Protecting your income may not be a top priority, but maybe it should be. How long could you pay the bills if your income suddenly stopped?
Think of disability insurance as your personal safety net. If you’re too sick or hurt to work, you can rely on it to replace a portion of your income. That means you can focus on taking care of yourself, instead of worrying about how you’ll pay the bills. And since your benefit checks are sent to you, you decide how to spend your benefit – whether that’s on a big-ticket item, everyday expenses or anything in between.
Did you know accidents aren’t usually the cause of a disability? Instead, illnesses – like heart disease or cancer – cause most long-term absences.
Materials
- Benefit summary
- Rates
Individual Disability Insurance
Group disability insurance is a good base of coverage, but is it enough? Depending on your income level, you may need to protect even more of your income by supplementing your existing group disability coverage with individual Disability Income (DI) insurance from Principal®.
Working together, these coverages help protect more of your most valuable asset - your ability to work and earn an income.
Regular dental care helps you enjoy a lifetime of healthy smiles. Dental cleanings remove the plaque that routine brushing misses, often leading to tooth decay. And finding tooth decay early can help protect your teeth – and your wallet from costly dental procedures.
Having dental insurance increases the odds that you’ll go to the dentist regularly. It also helps you control your out-of-pocket costs and budget for your care, in case you find yourself in need of more expensive procedures.
Materials
- Benefit summary
Taking good care of your vision can be simple and affordable. And it’s important – after all, you only have one pair of eyes.
It’s a digital world. For most of us, a day doesn’t go by without using our eyes to read, scan or view a smart phone, tablet, laptop or computer screen. That can lead to eye strain and potential long-term vision problems. For this reason alone, vision care is more important than ever.
Having vision insurance makes it more likely you’ll schedule regular visits to your eye doctor.
Materials
- Benefit summary
A serious illness can happen to anyone. And while it certainly comes with a physical and emotional price, have you thought about how you might handle the financial costs … if it happened to you?
Here’s how critical illness coverage works
Critical illness insurance can help alleviate your financial worries during a serious illness. Health insurance helps pay for medical expenses, and disability coverage can help you protect your income. But what about travel costs for treatment, home healthcare needs and other costs? That’s where critical illness insurance comes in. It provides a lump-sum payment you can use however you need to.
Materials
- Benefit summary
CRITICAL ILLNESS INSURANCE PROVIDES LIMITED BENEFITS.
Be financially prepared for accidents before they happen. If everything happened the way we expected it to, life would be different. But one thing is certain – accidents happen. Are you prepared financially to handle life’s curve balls?
Here’s how accident insurance works
Accident insurance can help you and your family manage out-of-pocket expenses that result from an accidental injury. The coverage pays tax-free* benefits directly to you, regardless of other insurance coverages or actual expenses … and the benefits can be used however you need them.
Materials
- Benefit summary
ACCIDENT INSURANCE PROVIDES LIMITED BENEFITS.
* Based on current federal income tax laws, if insurance premiums are paid with after-tax dollars, the benefits are received income tax-free.
Here's how hospital indemnity insurance works.
If you're admitted to the hospital for a sickness or injury, you receive a lump-sum cash benefit paid directly to you, regardless of other insurance coverage or actual expenses incurred. And the cash benefit can be used for anything you choose--like deductibles and co-pays, child and pet care, and travel and lodging.
Materials
- Benefit summary
HOSPITAL INDEMNITY INSURANCE PROVIDES LIMITED BENEFITS.