Compact mode

Principal Financial Group vs Great-West Lifeco vs Voya Financial

Table of content

Products and Services Comparison
Customer Experience Comparison
Target Market Comparison
Unique Selling Point Comparison
Advantages Comparison
Facts Comparison
Overall Rating Comparison

Company Information Comparison
Financial Information Comparison
Coverage Purpose Comparison
Company Origin Comparison
Disadvantages Comparison
Performance Metrics Comparison

Products and Services Comparison

Type of Insurance 📜

The categories of insurance policies offered by the company, indicating the range of coverage options available to potential customers.

For all*

Life Insurance

Providers offering financial protection for beneficiaries in the event of the policyholder's death.

Principal Financial Group

Retirement Services

Principal Financial Group offers Retirement Services insurance. Offers comprehensive retirement planning and financial management services.

Voya Financial

Retirement Services

Voya Financial offers Retirement Services insurance. Offers comprehensive retirement planning and financial management services.
Coverage Types 🏠

The various types of insurance policies offered by the company.

For all*

Life

Retirement

Retirement insurance products help secure income for post-work years.

Principal Financial Group

Disability

Principal Financial Group offers Disability coverage. Insurers providing income protection for those unable to work due to disability. Click to see all.

Great-West Lifeco

Health

Great-West Lifeco offers Health coverage. Health insurance covers medical expenses, protecting individuals from high healthcare costs. Click to see all.

Voya Financial

Employee Benefits

Voya Financial offers Employee Benefits coverage. Insurers specializing in comprehensive benefit packages for employees. Click to see all.

Customer Experience Comparison

Customer Satisfaction Score 😊

A numerical rating representing overall customer satisfaction based on surveys, reviews, and feedback.

Principal Financial Group

8.5

A numerical rating representing overall customer satisfaction based on surveys, reviews, and feedback. (20%) Insurance companies with higher customer satisfaction, indicating better overall service and policyholder experience Click to see all.

Great-West Lifeco

8.5

A numerical rating representing overall customer satisfaction based on surveys, reviews, and feedback. (20%) Insurance companies with higher customer satisfaction, indicating better overall service and policyholder experience Click to see all.

Voya Financial

8.3

A numerical rating representing overall customer satisfaction based on surveys, reviews, and feedback. (20%) Insurance companies with higher customer satisfaction, indicating better overall service and policyholder experience Click to see all.
Claims Process Rating ⭐

A score reflecting the efficiency and satisfaction level of the company's claims handling process.

Principal Financial Group

8.7

A score reflecting the efficiency and satisfaction level of the company's claims handling process. (25%) Insurance companies with better-rated claims processes, indicating higher customer satisfaction and smoother claim experiences Click to see all.

Great-West Lifeco

8.3

A score reflecting the efficiency and satisfaction level of the company's claims handling process. (25%) Insurance companies with better-rated claims processes, indicating higher customer satisfaction and smoother claim experiences Click to see all.

Voya Financial

8.4

A score reflecting the efficiency and satisfaction level of the company's claims handling process. (25%) Insurance companies with better-rated claims processes, indicating higher customer satisfaction and smoother claim experiences Click to see all.
Claims Process Rating Type 📋

A classification of the company's claims process quality based on its numerical rating.

For all*

Good (7-8.9)

Insurance providers with above-average claims handling, scoring 7-8.9 out of 10

Target Market Comparison

For whom 👥

Target demographic or specific groups the insurance company caters to.

For all*

Individuals

Insurance firms catering to individual needs, offering personalized coverage and services.

Principal Financial Group

Businesses

Principal Financial Group caters to Businesses. These insurers specialize in commercial insurance needs Click to see all.

Great-West Lifeco

Businesses

Great-West Lifeco caters to Businesses. These insurers specialize in commercial insurance needs Click to see all.

Voya Financial

Employers

Voya Financial caters to Employers. These insurers offer comprehensive employee benefit solutions Click to see all.

Unique Selling Point Comparison

Known for 💡

A unique feature or characteristic that sets the insurance company apart from competitors.

Principal Financial Group

Global Investment Management

Principal Financial Group is known for Global Investment Management.

Great-West Lifeco

Canadian Market Leader

Great-West Lifeco is known for Canadian Market Leader.

Voya Financial

Workplace Solutions

Voya Financial is known for Workplace Solutions.

Advantages Comparison

Pros 👍

Advantages or strengths of the insurance company.

Principal Financial Group

Strong International Presence

Diverse Product Offerings

Great-West Lifeco

Strong Financial Position

Insurers with robust financial health and stability

Diverse Product Offerings

Voya Financial

Strong Digital Platforms

Insurers offering advanced online tools and services for policy management

Innovative Products

Facts Comparison

Interesting Fact 💡

An intriguing or lesser-known fact about the insurance company.

Principal Financial Group

Manages over $700 billion in assets

Great-West Lifeco

Serves 33 million customer relationships

Voya Financial

Rebranded from ING U.S. in 2014
Sarcastic Fact 😉

A humorous or ironic observation about the insurance company.

Principal Financial Group

We'll manage your money until you don't need it anymore

Great-West Lifeco

We're great... and west of something.

Voya Financial

We'll help you save for a retirement you might not reach

Overall Rating Comparison

Score ⭐

Overall rating of the insurance company based on various performance factors.

Principal Financial Group

8.8

The overall score for Principal Financial Group is 8.8 out of 10. Click to see all.

Great-West Lifeco

8.5

The overall score for Great-West Lifeco is 8.5 out of 10. Click to see all.

Voya Financial

8.5

The overall score for Voya Financial is 8.5 out of 10. Click to see all.

Company Information Comparison

Global Presence 🌎

Indicates the extent of the company's international operations and market reach.

Principal Financial Group

Global

The global presence of Principal Financial Group is Global. Insurers operating worldwide, offering comprehensive international coverage and expertise. Click to see all.

Great-West Lifeco

Multinational

The global presence of Great-West Lifeco is Multinational. Insurers operating in multiple countries, offering diverse international coverage options. Click to see all.

Voya Financial

Multinational

The global presence of Voya Financial is Multinational. Insurers operating in multiple countries, offering diverse international coverage options. Click to see all.

Financial Information Comparison

Financial Strength Rating 💰

A letter grade representing the company's financial stability and ability to pay claims, as assessed by independent rating agencies.

Principal Financial Group

A+

The financial strength rating of Principal Financial Group is A+. A+ rated insurers have superior financial strength and ability to meet policyholder obligations. Click to see all.

Great-West Lifeco

A+

The financial strength rating of Great-West Lifeco is A+. A+ rated insurers have superior financial strength and ability to meet policyholder obligations. Click to see all.

Voya Financial

A

The financial strength rating of Voya Financial is A. A-rated insurers have excellent financial stability and ability to meet policyholder obligations. Click to see all.
Price 💰

The cost of insurance policies offered by the company, typically expressed as premiums or rates.

For all*

null
Price Range 📈

A categorization of the company's pricing level, helping users filter and compare insurance options.

For all*

(5001-10000)

Insurers offering comprehensive coverage with additional perks at higher price points.

Coverage Purpose Comparison

Purpose 📝

Primary purposes or situations for which the insurance company's products are designed.

Principal Financial Group

Employee Benefits

Principal Financial Group offers insurance for Employee Benefits. Employee benefits insurance provides health, retirement, and other perks to attract and retain workers. Click to see all.

Great-West Lifeco

Retirement Solutions

Great-West Lifeco offers insurance for Retirement Solutions. Insurers providing a range of products and services to address various aspects of retirement planning. Click to see all.

Voya Financial

Retirement Planning

Voya Financial offers insurance for Retirement Planning. Providers offering insurance solutions specifically designed to support retirement planning and goals. Click to see all.

Company Origin Comparison

Made In 🌍

The country where the insurance company was founded or is headquartered.

Principal Financial Group

USA

Principal Financial Group was founded/is based in USA. Insurance firms based in the United States, known for market size and innovation. Click to see all.

Great-West Lifeco

Canada

Great-West Lifeco was founded/is based in Canada. Insurers founded and headquartered in Canada, offering coverage tailored to Canadian needs. Click to see all.

Voya Financial

USA

Voya Financial was founded/is based in USA. Insurance firms based in the United States, known for market size and innovation. Click to see all.

Disadvantages Comparison

Cons 👎

Disadvantages or weaknesses of the insurance company.

Principal Financial Group

Complex Fee Structures

Average Customer Service

Great-West Lifeco

Limited Global Presence

Complex Products

Voya Financial

Limited International Presence

Insurers with restricted global operations, potentially limiting options for multinational coverage. Click to see all.

Average Brand Recognition