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Overview

If you are ready to convert savings into guaranteed income…

Consider allocating part of your savings to the ELM^sm Income Annuity. It is a contract issued by Principal Life Insurance Company (Principal Life) for individuals in (or near) retirement, who want guaranteed income for a specified number of years or for their entire life.

Security

Benefit payments from the ELM Income Annuity are guaranteed by and subject to the credit of Principal Life Insurance Company. Also an insulated separate account provision provides that premiums and interest for ELM Income Annuities will be unavailable to other policyholder obligations of Principal Life or to creditors of Principal Life, until the benefits due under the ELM Income Annuities are fully funded. (This provision is available in most, but not all, states. Please call 1-877-210-5565 ext. 356 to check for availability in your state.)

Helpful Options

Survivor Benefits and Death Benefit Protection
You may provide that all or a part of the income payments continue to a survivor in the event of your death.

You may also elect that a decreasing return of premium benefit be paid to a beneficiary, if the annuitants die prematurely (within 10 or 20 years of your purchase).

Inflation Protection
To help maintain future purchasing power, you have the option to select that future payments will increase. If you choose an inflation protection feature, your contract’s starting income payments will be significantly lower, for a given amount of premium, compared to level fixed income payments, without inflation protection.

How ELM Helps

ELM’s purchase process helps lower marketing costs which generally increases your income payments. And, you control the sales process by deciding when to call the salaried ELM Income Annuity specialists at 1-877-210-5565 ext. 356 for more information and also when they should call you.

The Elm Income Annuity is issued by Principal Life Insurance Company, a member of the Principal Financial Group®, Des Moines, IA 50392. ELM Income Group^sm is not affiliated with any member of the Principal Financial Group.

» Continue to “Key Features” Section