Group Benefits for Law Firms
Principal Group Benefits
Principal provides ALA members access to an employee benefit program that includes group dental, disability, life, vision, critical illness(1,2), and accident insurance(2).
- Dental: Your business is one of a kind. That's why we make it easy to offer dental benefits tailored just for you and your employees. Our large network of dentists means employees have more choices in who they see.
- Disability: Whether you need short-term disability, long-term disability, or both, we've got you covered. Plus, our definition of disability can make a difference at claim time. Our specialized solutions are designed to serve all employees, including business owners.
- Life: You, your employees, and their beneficiaries all have different life insurance needs. That's why our flexible products are such a nice fit. Plus, the Principal claim process is fast and easy for employees' loved ones.
- Vision: It's simple to administer and a great way to round out your benefits package. And employees appreciate being covered for services like exams, glasses, and contacts.
- Supplemental Benefits: Enhance your benefits with critical illness, hospital indemnity, and accident insurance.(2) They pay lump-sum cash benefits directly to employees, regardless of other insurance coverages or actual expenses. The purchase process is straightforward for you and your employees with our simplified product designs.
Just for ALA Members
Unique Offering
Our group disability insurance is particularly well-suited to attorneys’ needs. Here’s how it’s just right for ALA members:
- Preferred pricing available on all group insurance products3.
- Three-year rate guarantee available when you offer three or more group insurance coverages from Principal, including voluntary products.
- Multiple product discount available on employer-paid coverages when you offer three or more qualifying coverages from Principal. The more products you purchase, the more savings you can get.
- Maximum monthly benefit available up to $20,000 if you have 50+ employees to cover.(4)
- Specialty own occupation defines a disability as being unable to work in a given specialty of law.(3)
- Extended earnings protection helps attorneys bridge the potential earnings gap for up to six months while they work to rebuild their client base.(3)
- Online benefit administration options available dependent on group size.