PRINCIPAL LIFE INSURANCE COMPANY definition

PRINCIPAL LIFE INSURANCE COMPANY. Principal" or "we") will pay commissions on premiums we receive on sales of Policies made pursuant to the Broker-Dealer Marketing and Servicing Agreement for Variable Life Contracts Agreement (the "Agreement") according to the schedule below. We may, by written notice to Broker-Dealer (1) change this compensation schedule; (2) discontinue the issuance of any form of Policy; and/or (3) fix or change the amount of compensation on Policies issued in exchange for previously issued Policies. First Year Commissions
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PRINCIPAL LIFE INSURANCE COMPANY. By: Principal Capital Management, LLC, a Delaware limited liability company, its authorized signatory By: /s/Xxxxxxx Svolboda Name: Xxxxxxx Xxxxxxx Xxx Title: Counsel By: /s/Xxxxx Xxxxxxx Name: Xxxxx Xxxxxxx Title: Counsel PRINCIPAL LIFE INSURANCE COMPANY, ON BEHALF OF ONE OR MORE SEPARATE ACCOUNTS By: Principal Capital Management, LLC, a Delaware limited liability company, its authorized signatory By: /s/Xxxxxxx Xxxxxxx Name: Xxxxxxx Xxxxxxx Xxx Title: Counsel By: /s/Xxxxx Xxxxxxx Name: Xxxxx Xxxxxxx Title: Counsel CGU LIFE INSURANCE COMPANY OF AMERICA, a Delaware corporation (formerly known as Commercial Union Life Insurance Company of America) By: Principal Capital Management, LLC, a Delaware limited liability company, its attorney in fact By: /s/Xxxxxxx Xxxxxxx Name: Xxxxxxx Xxxxxxx Xxx Title: Counsel By: /s/Xxxxx Xxxxxxx Name: Xxxxx Xxxxxxx Title: Counsel JEFFERSON-PILOT LIFE INSURANCE COMPANY By: /s/Xxxxxx X. Xxxxxx, XX Name: Xxxxxx X. Xxxxxx, XX Title: Vice President JEFFERSON PILOT FINANCIAL INSURANCE COMPANY, Successor by Merger to AH (MICHIGAN) LIFE INSURANCE COMPANY By: /s/Xxxxxx X. Xxxxxx, XX Name: Xxxxxx X. Xxxxxx, XX Title: Vice President RELIASTAR LIFE INSURANCE COMPANY, f/k/a NORTHERN LIFE INSURANCE COMPANY By: ING Investment Management LLC, as agent By: /s/Xxxxx X. Xxxxxxx Name: Xxxxx X. Xxxxxxx Title: Senior Vice President RELIASTAR LIFE INSURANCE COMPANY By: ING Investment Management LLC, as Agent By: /s/Xxxxx X. Xxxxxxx Name: Xxxxx X. Xxxxxxx Title: Senior Vice President RELIASTAR LIFE INSURANCE COMPANY, as Successor by Merger to RELIASTAR UNITED SERVICES LIFE INSURANCE COMPANY By: ING Investment Management LLC, as Agent By: /s/Xxxxx X. Xxxxxxx Name: Xxxxx X. Xxxxxxx Title: Senior Vice President MODERN WOODMEN OF AMERICA By:/s/Xxxxxxx Xxx Name: Xxxxxxx Xxx Title: Manager, Securities Division CLARICA LIFE INSURANCE COMPANY - U.S. By: /s/Xxxx X. Xxxxxxxx Name: Xxxx X. Xxxxxxxx Title: Vice President, U.S. Private Placements - for President By: /s/Xxxxxxx Xxxxxx Name: Xxxxxxx Xxxxxx Title: Vice President, U.S. Public Bonds - for Secretary CURRENT NOTEHOLDERS AND ORIGINAL PRINCIPAL AMOUNTS Name of Current Noteholder Original Principal Amount of Notes Held New York Life Insurance Company $ 7,000,000 New York Life Insurance and Annuity Corporation $10,000,000 New York Life Insurance and Annuity Corporation, Institutionally Owned Life Insurance Separate Account $ 5,000,000 The Prudential Insurance Company of America $14,600,000 $ 3,000,000 U.S....
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PRINCIPAL LIFE INSURANCE COMPANY. Principal" or "we") will pay commissions on sales of Policies made pursuant to the Broker-Dealer Marketing and Servicing Agreement for Variable Life Contracts Agreement (the "Agreement") according to the schedule below on premiums we receive. We may, by written notice to you, (1) change this compensation schedule; (2) discontinue the issuance of any form of Policy; and/or (3) fix the amount of compensation on Policies issued in exchange for previously issued Policies. First Year Commissions c) 50% of premiums we receive up to the planned periodic premium, not to exceed target premium**. d) 3% of premium we receive above the lesser of planned periodic or target premium. *The target premium is determined according to a rate per $1,000 of face amount. This rate varies by age and sex of the insured. Target Premiums (Annual per $1,000 face amount) APPENDIX B TARGET PREMIUMS The target premiums for the Policy are based on the joint equivalent age (JEA) of the insureds. The JEA takes into account the gender*, age, smoking status and risk classification of each insured. The calculation is as follows:
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Examples of PRINCIPAL LIFE INSURANCE COMPANY in a sentence

  • Xxxxxxx Title: Managing Director The foregoing is hereby agreed and accepted this 16th day of May, 2008 Principal Amount and Series of Notes Principal Life Insurance Company $ 14,000,000 (Series B) By: Principal Global Investors, LLC, a Delaware limited liability company, its authorized signatory By: /s/ Xxxxx Xxxxxxx XXX Name: XXXXX XXXXXXX XXX Title: COUNSEL By: /s/ Xxxxx X.


More Definitions of PRINCIPAL LIFE INSURANCE COMPANY

PRINCIPAL LIFE INSURANCE COMPANY. By: Principal Capital Management, LLC, a Delaware limited liability company, its authorized signatory By: /s/ [ILLEGIBLE] ----------------------------------- Its: ---------------------------------- By: /s/ [ILLEGIBLE] ----------------------------------- Its: ---------------------------------- Fifth Amendment
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PRINCIPAL LIFE INSURANCE COMPANY. By: /s/ David House Name: David House Title: Assistant Director INVESCO VARIABLE INVESTMENT FUNDS, INC. By: /s/ Ronald L. Grooms Ronald L. Grooms Treasurer INVESCO FUNDS GROUP, INC. By /s/ Ronald L. Grooms Ronald L. Grooms Senior Vice President & Treasurer INVESCO DISTRIBUTORS, INC. By: /s/ Ronald L. Grooms Ronald L. Grooms Senior Vice President & Treasurer PARTICIPATION AGREEMENT SCHEDULE A The following Separate Accounts and Associated Contracts of Principal Life Insurance Company are permitted in accordance with the provisions of this Agreement to invest in Portfolios of the Fund shown in Schedule B: Contracts Funded by Separate Account/Name of Separate Account Principal Life Insurance Company Separate Account B (SEC Reg. #811-02091) Principal Life Insurance Company Variable Life Separate Account PARTICIPATION AGREEMENT SCHEDULE B The Separate Account(s) shown on Schedule A may invest in the following Portfolios of the Fund. INVESCO VIF - Dynamics Fund INVESCO VIF - Health Sciences Fund INVESCO VIF - Small Company Growth Fund INVESCO VIF - Technology Fund PARTICIPATION AGREEMENT SCHEDULE C PROXY VOTING PROCEDURES The following is a list of procedures and corresponding responsibilities for the handling of proxies and voting instructions relating to the Fund. The defined terms herein shall have the meanings assigned in the Participation Agreement except that the term "Company" shall also include the department or third party if any, assigned by the Company to perform the steps delineated below.
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PRINCIPAL LIFE INSURANCE COMPANY. By: Principal Capital Management, LLC, a Delaware limited liability company, its authorized signatory By /s/ Xxx Xxxxx ---------------------------- Title: By /s/ Xxx Xxxxx ---------------------------- Title: Principal Amount of Notes Held: $7,500,000 (Series A) Principal Amount of Notes Held: $6,000,000 (Series E) USG ANNUITY & LIFE COMPANY By ING INVESTMENT MANAGEMENT LLC, ITS AGENT By /s/ Xxxxx X. Xxxxxxx ---------------------------- Title: Senior Vice President Principal Amount of Notes Held: $1,500,000 (Series E) EQUITABLE LIFE INSURANCE COMPANY OF IOWA By ING INVESTMENT MANAGEMENT LLC, ITS AGENT By /s/ Xxxxx X. Xxxxxxx ---------------------------- Title: Senior Vice President Principal Amount of Notes Held: $750,000 (Series E) METROPOLITAN LIFE INSURANCE COMPANY By /s/ C. Xxxxx Xxxxxx --------------------- Title: Principal Amount of Notes Held: $1,125,000 (Series B) Principal Amount of Notes Held: $3,375,000 (Series C) Principal Amount of Notes Held: $6,000,000 (Series B) ANNEX A (to Second Supplemental Agreement) OPINION OF COUNSEL FOR THE COMPANY The following opinions are to be provided by counsel for the Company, subject to customary assumptions, limitations and qualifications. All capitalized terms used herein without definition shall have the meanings ascribed thereto in the Second Supplemental Agreement.
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Related to PRINCIPAL LIFE INSURANCE COMPANY

  • Insurance Company The Transferee is an insurance company whose primary and predominant business activity is the writing of insurance or the reinsuring of risks underwritten by insurance companies and which is subject to supervision by the insurance commissioner or a similar official or agency of a state, U.S. territory or the District of Columbia.

  • Life insurance means insurance coverage on human lives including benefits of endowment and annuities, and may include benefits in the event of death or dismemberment by accident and benefits for disability income and unless otherwise specifically excluded, includes individually issued annuities.

  • Life Insured means the person named in the Schedule, on whose life the Policy is effected;

  • Life Insurance Policy has the meaning given in Section 6.10.

  • life insurance business means the business of providing or undertaking to provide policy benefits under life policies;

  • Insurance Companies means the companies with whom the Insurance Policies are held.

  • Captive insurance company means a Wholly Owned Subsidiary of the Borrower created solely for providing self-insurance for the Borrower and its Subsidiaries and engaging in no other activities other than activities ancillary thereto and necessary for the maintenance of corporate existence.

  • Sponsored captive insurance company means a captive insurance company:

  • Credit life insurance means insurance on the life of a debtor in connection with

  • Title Insurance Company as defined in Section 5.1(l).

  • Specified Insurance Company means any Entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract.

  • Finance Company means any Finance Company or other lender with whom You have agreed a Loan or credit agreement through the Supplying Outlet.

  • Mortgage Insurance means insurance protecting Lender against the nonpayment of, or default on, the Loan.

  • Mortgage Impairment Insurance Policy A mortgage impairment or blanket hazard insurance policy as described in Section 4.11.

  • Insurance group means the persons that comprise an insurance holding company system.

  • group insurance means insurance, other than creditor’s group insurance and family insurance, whereby the lives of a number of persons are insured severally under a single contract between an insurer and an employer or other person; (“assurance collective”)

  • Health-care-insurance receivable means an interest in or claim under a policy of insurance which is a right to payment of a monetary obligation for health-care goods or services provided.