Asset-based Long-term Care

OneAmerica Expands Care Solutions Distribution Channels

New model led by three industry veterans sets the stage for growth in Care Solutions product suite

OneAmerica today announced a new leadership structure and expanded distribution channels to drive growth in its Care Solutions product suite. Tracey Edgar, Vice President, National Accounts will lead the brokerage channel; Joe Hayes, Vice President, National Accounts will lead the wirehouse channel; and Michelle Prather, Vice President, National Accounts will lead the bank channel. The move from two existing channels to three is part of a broad strategy to keep pace with growing demand for  more...

OneAmerica CEO Joins ACLI Board of Directors

The American Council of Life Insurers (ACLI), whose member companies provide solutions for Americans’ financial and retirement security needs, elected OneAmerica® President and CEO J. Scott Davison to its board of directors.  “Scott’s leadership in the industry, combined with his knowledge and dedication to Americans’ financial and retirement security, make him an invaluable addition to our board of directors,” said ACLI President and CEO Dirk Kempthorne. “I look forward to working with Scott  more...

OneAmerica Celebrates Local Office Expansion with Week of Caring For United Way

Sixty volunteers, seven locations, thousands of lives touched as OneAmerica Associates mark the opening of their new Wauwatosa Office by serving the Milwaukee community

OneAmerica® will up the ante on community kindness, as Milwaukee area associates celebrate their local office expansion with a Week of Caring for United Way. Sixty volunteers from the Park Place and Milwaukee Center OneAmerica offices will pitch in to help seven United Way agencies and kick off an annual giving campaign. “As OneAmerica continues to grow in the Milwaukee area, our commitment to the community deepens as well,” said Scott Davison, president and CEO for the companies of  more...

OneAmerica Holds Third Annual Week of Caring For United Way

Five days, 15 Indianapolis events, 7 locations, 600+ volunteers, thousands of lives touched

OneAmerica® will once again up the ante on community kindness with its third annual Week of Caring, as more than 600 Indianapolis employees—nearly half of the organization’s local workforce—volunteer at seven United Way of Central Indiana agencies. In total, more than 1,800 volunteer hours are set to benefit thousands in the Indianapolis community. Two years ago, OneAmerica became the first Central Indiana organization to devote an entire week to volunteer activities, and the Week of Caring  more...

Standard & Poor’s Affirms Ratings of OneAmerica

Companies hold steady at AA- financial strength rating, maintains stable outlook

Standard & Poor’s (S&P) has affirmed its AA- rating of OneAmerica® and its life insurance companies—American United Life Insurance Company® (AUL) and The State Life Insurance Company®—and maintained its stable outlook. The AA- rating is the fourth highest of 22 possible ratings. “Our ratings are consistently strong, and this year’s Standard & Poor’s rating affirmation confirms that OneAmerica remains financially sound and built to last,” said OneAmerica President and CEO, Scott Davison.  “We  more...

A.M. Best Affirms Ratings of OneAmerica

Company holds steady at A+ (Superior)

OneAmerica announced today that insurance rating agency A.M. Best has affirmed the A+ (Superior) financial strength rating of American United Life Insurance Company® (AUL) and its affiliates, The State Life Insurance Company® (State Life) and Pioneer Mutual Life Insurance Company® (PML), all companies of OneAmerica. The A+ (Superior) rating is the second highest of 16 ratings assigned by the agency. “As a mutual organization, maintaining unquestioned financial strength and strong relationships  more...

OneAmerica® Introduces First Fixed-Indexed Annuity with Long-term Care Benefits

Indexed Annuity Care® combines up-side growth potential of a market index with long-term care protection

The State Life Insurance Company, a OneAmerica company, is pleased today to announce the launch of Indexed Annuity Care, the first and only fixed-indexed annuity that can also provide benefits for long-term care (LTC) expenses. “The Care Solutions portfolio has been at the forefront of the asset-based long-term care marketplace for many years, and that leadership continues with the introduction of Indexed Annuity Care,” said Chris Coudret, executive vice president, State Life. “Indexed  more...

State Life breaks sales record for asset-based life insurance with long-term care benefits

The State Life Insurance Company, a OneAmerica company, announced today that 2012 was its best ever year for sales of Asset-Care®, the company’s life insurance product with long-term care benefits. Based on first year premium, State Life achieved growth of 28 percent over its previous record set in 2011. State Life also sold more policies in 2012 than any other previous single year. “Many of us have seen first-hand the financial devastation that can occur for a family when an individual  more...

State Life Redesigns Annuity-Based Long-Term Care Product to Thrive in Low Interest Rate Environment

The State Life Insurance Company, a OneAmerica company, is now offering an updated version of its popular asset-based long-term care annuity product, Annuity Care® II. The product – an annuity from which withdrawals can be made free from federal income tax for qualifying long-term care (LTC) expenses – has been redesigned to perform well in a sustained low interest rate environment. Annuity Care II is designed as a single-premium annuity offering long-term care benefits. When LTC expenses  more...