The Principal Offers Disability Insurance Education

May 12, 2010 ( - To help Americans construct long-term financial security plans, The Principal is collaborating with the nonprofit Life and Health Insurance Foundation for Education (LIFE) to promote Disability Insurance Awareness Month this May.

A new Web site,, gives financial professionals access to a number of tools and educational materials to help them educate themselves and their clients about the importance of income protection. The site offers videos on a variety of disability-related topics ranging from underwriting to policy basics to the general need for disability insurance, as well as a number of other resources including a bank of industry statistics, testimonials, seminars, and a focused study group for financial professionals, according to a press release.   

To help consumers identify any gaps in their protection plan, The Principal also offers a program to educate consumers on disability and life insurance called “From Here to Security.” It provides easy-to-read materials that include definitions, examples, statistics, and personal needs-analysis tools. Insurance calculators allow individuals to run “what if” scenarios to determine any protection gaps in their individual situation.   

The Principal said its Financial Well-Being Index found three-fourths of workers rate the emotional impact of becoming disabled and not being able to work for a living as high, yet nearly half (49%) don’t own or plan to buy disability insurance in the next year and say instead they plan to rely on their family, disability insurance from their employer, or savings in the event of a disability.   

For more information about disability insurance or the “From Here to Security” program, visit