Announcing Pricing Decrease For OneAmerica’s Asset Care Portfolio

OneAmerica announced last week they are implementing a decrease in premium pricing on their Asset Care hybrid life/LTC solution, effective May 26th, 2022.This will be applicable to their 20 pay, continuous pay to 95 as well and single premium cash/1035 versions. In addition, their strategy designed for qualified dollars or converting individually owned life contracts into jointly insured Asset Care will see an increase in the bonus amount. Specifically, they will be moving from a 10% bonus back up to a 20% bonus.

View the official announcement here.

You can read more about the OneAmerica strategy to create forward thinking, resilient individual insurance products in an article Dennis Martin authored in the most recent edition of NAILBA’s Perspectives Magazine. 

Learn more about new business submission rulesleading up to the new price effective date of May 26, 2022.

Please feel free to contact Merz Insurance Services with any questions.