ContractMay 21st, 2020
FiledMay 21st, 2020Mailing Address:Des Moines, IA 50392-0470 Principal Life Insurance Company Group Compensation Agreement Definitions Throughout this agreement, the terms “We”, “Our,” and “Company” mean Principal Life Insurance Company® and the terms “You” and “Your” mean the Agent of Record designated in and signing this agreement. Agent of Record ........................ means the person named soliciting agent in the Group Policy Application. Premium.................................... means amounts paid to Us and received by Us as Premium and identified by Us to this agreement. Group Policy ............................. means a group insurance policy issued by Us. Compensation Year .................. means a twelve-month period ending on the day before each policy anniversary. Commission Scale(s) While this agreement is in force and subject to its provisions, We will pay commissions to You according to the following Commission Scales on Premium paid to Us each year fo