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Principal partners with ARAG to broaden legal document resources

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Principal Financial Group announced that it has partnered with legal insurance provider ARAG to make legal document resources available to its retirement plan participants. The resource had previously only been available to Principal group life insurance customers as part of its financial wellness resources. “We’re constantly listening to our customer’s needs. And when 75 percent said they would find legal documentation helpful in supporting their financial wellness, it was a no-brainer to help fill this gap,” said Joleen Workman, vice president of retirement at Principal. “People who know more are more confident, and confident people make good decisions.” Only 26 percent of Americans have a complete will that is up to date, and 71 percent don’t know where to turn or how to get started with legal matters. ARAG bases its North American headquarters in Des Moines, which is also home to Principal’s headquarters. 

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