585-412-6878

Product Spotlight

OneAmerica Asset Care III

COMPANY
OneAmerica

STATE AVAILABILITY
All states except NY

PRODUCT TYPE
Fixed Annuity funding a 20-pay Whole Life policy.

DESCRIPTION
Insured directly transfers or rolls over qualified funds into the annuity. The annuity them funds the 20-pay whole life policy providing guaranteed LTC benefits as well as a death benefit.

WHAT MAKES IT UNIQUE?
Accepts qualified money.
Can cover two lives on one policy even if the funds transfer comes from one person.
Lifetime benefits available for two people.
7702 (b) LTC coverage

UNDERWRITING
Simplified. One rate class. Either issued or not, accept/deny.

THE IDEAL CLIENT MAY
Have significant qualified funds not needed for retirement income.
Desire LTC protection.
Want to cover two people on one policy.
Want to avoid ongoing out of pocket LTC premiums.

FOR A DEEPER DIVE into OneAmerica AssetCare III contact your supervising agency.

This Product Spotlight is for producer use only. Please refer to company materials (including brochure and outline of coverage) for more detailed information. Additionally, contracts may vary by state.

Should we be allies?