February, 25 2018


Life insurance reviews, news and prices from the top companies

Principal Life Insurance Review

Principal Life Insurance Review

  • Price
  • Underwriting
  • Financial Strength

Principal Life Insurance Review

Pros: Size- Principal Financial Group is a Fortune 500 company with $364 billion in assets under management.  Stability- Principal has been around since 1879 and currently has an A + (Superior) financial rating from A.M. Best. 

Cons: There aren’t too many cons with Principal Life Insurance Company.

Bottom Line: Principal Financial Group is a top tier financial services organization including their life insurance product (underwritten by Principal National Life Insurance Company).  Their underwriting guidelines are competitive and so are their rates.  While they may not have the absolute lowest prices on life insurance, they are still often very competitive.  Couple this with their A+ (Superior) A.M. Best financial rating and a long stable company history and it’s easy to see why Principal is so popular in America.


Type: Public

Issued by: Principal National Life Insurance Company

Founded: 1879

Website: www.principal.com

Phone: (800) 986-3343

Address: 711 High Street Des Moines, IA 50392

A.M Best Rating: A+ (Superior) Second highest of 16 possible ratings

Comdex Ranking:  91 out of 100

BBB Rating: A+

Competitors: New York Life, Northwestern Mutual, Mass Mutual, Mutual of Omaha, John Hancock, PennMutual, State Farm, Allstate, Ohio National Life, American General Life, Banner Life, Protective Life, Primerica, State Farm, USAA, Genworth Life, Pacific Life Insurance, North American Co, Lincoln National Life, ING-ReliaStar, Transamerica, Prudential.


Price Comparison Chart

Sample rates for a male in each company’s best health class for $250,000-20 year term for a 40 year old male.



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Principal Life Insurance
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