1. Principal Life Insurance Company Key Person Replacement insurance Speaker Name, Title

2. While this communication may be used to promote or market a transaction or an idea that is discussed in the publication, it is intended to provide general information about the subject matter covered and is provided with the understanding that The Principal is not rendering legal, accounting, or tax advice. It is not a marketed opinion and may not be used to avoid penalties under the Internal Revenue Code. You should consult with appropriate counsel or other advisors on all matters pertaining to legal, tax, or accounting obligations and requirements.

3. Key Person Replacement insurance Key Person Replacement insurance is to designed to protect your business from the loss of employees critical to the success of the business due to a total disability. The policy is continuable to age 65 with guaranteed premium.

4. Key Person Replacement insurance Who is a Key Employee? Typically someone who: Is critical to the livelihood of your business May or may not be one of the owners Is responsible for management decisions Is highly paid Has a significant impact on sales May have a special rapport with customers or creditors

5. Key Person Replacement insurance The Need Disruption of the business when clients withhold or delay their business Difficulties with cautious creditors Increased expenses Its important to protect your business from the loss of a key employee due to a total disability. Otherwise you may experience:

6. Key Person Replacement insurance Benefits –Demonstrates financial stability –Expense management assistance –Benefits are generally received income tax free –Income protection benefits not limited for key employee (when purchasing Individual DI insurance from Principal Life)

7. Key Person Replacement insurance How It Works 1.You (the business) pays the premium and is the owner of the policy insuring the key employee in the event of Total Disability. 2.If the key employee becomes Totally Disabled, the business receives benefits, generally tax-free. Benefits can be used at your discretion, but common uses include recruitment and training costs, temporary staffing needs and revenue replacement.* *Benefits cannot be assigned to the key employee.

8. What I can do for you Assess your current situation Propose design options Review the cost benefit analysis Implement the offering

9. Act now Dont let an unexpected disability of a key employee impact your business. Protect your business today with Key Person Replacement insurance... set an appointment today! Insurance issued by Principal Life Insurance Company a member of the Principal Financial Group ®, Des Moines, IA 50392, www.principal.com | DI 2332 | HH 772 | 1042022011www.principal.com