Individual Disablity Insurance

OMNI Offers a Full Line of Disability Solutions…

Disability Income

• Replaces a portion of earned income lost due to a disability.
• Non-cancelable, guaranteed renewable to age 65 and conditionally renewable for life.
• Can be used to enhance an employee benefit package.

DI Retirement Security

• Innovative solution that helps clients continue to save for retirement in the event of a disability.
• Provides access to trust assets if a significant hardship occurs.
• Pays monthly benefits directly to an irrevocable trust; at the end of the benefit period, trust assets are paid to the insured as retirement income.

Key Person Replacement²

• Designed for small- to medium-size businesses that rely on the expertise and skills of key employees who are critical to the livelihood of the company.
• Provides benefits to businesses to help offset the loss of a key employee due to a total disability.
• Conditionally renewable to age 65 with guaranteed premiums.

Overhead Expense

• Designed for owners of small- to medium-size businesses whose personal service is key to the continued earning of business income; reimburses an owner for fixed business expenses incurred during a disability.
• Business Loan Protection rider, which helps cover business-related loan obligations in the event of a total disability.
• Non-cancelable, guaranteed renewable to age 65 and conditionally renewable for life.

Disability Buy-Out

• Designed for professionals and owners of small- to medium-size businesses who are full-time, active and key to the continuation of the business.
• Reimburses the purchase of a permanently disabled business owner’s interest under a buy-sell agreement.
• Conditionally renewable to age 65 with guaranteed premiums.

Principal Life Key Differentiators

• Provides excellent service and support to producers and their clients before, during and after the sale.
• Offers unparalleled focus and expertise in the small- to medium-size business market.
• Competitive compensation, including strong first year and renewal commissions and bonus programs.

Click here to Request an Individual Disablity Insurance Proposal.