If you see this label, it is likely for one of the following reasons:
The insurance adjuster will work with John and ABC Construction Inc. to gather all necessary documentation and evidence to determine the validity and extent of the claim. The adjuster will also negotiate with John to reach a fair settlement or, if necessary, make a determination of liability and damages.
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The SBD rider is like the “extra layer” on a standard PLIC policy. It kicks in when:
John Doe Policyholder: ABC Construction Inc. Date of Incident: February 10, 2023 Location: 123 Main St, Anytown, USA
Completed claim forms and supporting documents can be emailed directly to the SBD team at SBDClaims@principal.com . Fax: You can fax claim documents to 800-255-6609 . Mail: Physical forms can be sent to: Principal Life Insurance Company Attn: Group Life & Disability Claims Department 711 High St., Des Moines, IA 50392-0002 . Common Claim Types Under SBD