Principal has released a new DI compensation schedule which will take effect 1/1/23. The new schedule includes three segments that are independent of each other with separate renewal qualification schedules:
- Disability Income for M&D Occupation Classes Under Age 40
- Classes A – 6A+, Disability Income for M&D Occupation Classes Age 40 and Above, Business Products
- Policies with a policy date prior to Jan 1, 2023 (including policy adjustments)
Additionally, Principal has introduced a New Business Bonus and Inforce Bonus designed to reward long-term, quality business.
Producer Commission Schedule 2023
DI10383 IDI Compensation FAQs
