Principal Announces New DI Discounts and Enhanced Select Professional Limits

01-01-2021

New Select Occupation/Association discount of 10% is available for the following*

Non-medical occupations:           

  • Actuary
  • Attorney
  • Certified Public Accountant (CPA)
  • Corporate executive with income of $100,000+  
  • Data scientist with PhD
  • Economist with PhD
  • Engineer
  • Scientist with PhD

Medical occupations:     

  • Pediatrician
  • OB-GYN              

Select professional limits have been increased for graduating residents in 2021.

  • Limit for all M.D. and D.O. physicians and doctor specialists, except psychiatrists and podiatrists, increases from $6,500 to $7,500.
  • Limit for general dentists increases from $5,000 to $6,000.

Please see the attached document highlighting Principal’s Select Occupation/Association and Multi-life/Guaranteed Standard Issue (GSI) discounts that are available.

*Not available in New York. In CA, ID, MA, RI, and VA where 6A occupations are not available, apply Association discount to the applicable 5-A Select non-medical profession, if applicant is a member of a professional organization. In Ohio, use Association discount in lieu of Select Occupation if applicant is a member of a professional organization.

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