Planning Tips and Carrier News for Advisors 

OneAmerica News- January 2019

Posted by LTCI Partners | Jan 24, 2019 1:16:13 PM
 
January 2019

Care Solutions News

 
Asset-Care® : Continued strength in 2019
As we begin a new year, we’re proud to continue maintaining a healthy, robust product suite that meets the needs of all our customers. To sustain our focus on providing comprehensive, lifetime financial solutions for our clients, our patented joint Asset-Care® coverage is now available with 2% or 3% acceleration, and our single life Asset-Care policies also offer a 4% acceleration option.
Quick reads
Updated: 2019 Advanced Sales materials 
Each year, pursuant to tax law, the contribution and deduction limits for various accounts index for inflation. Our Advanced Sales team prepares Tax Tables at a Glance, which summarizes the new numbers for the year, and updates the  Asset-based LTC Tax Guide for individuals and businesses, which reflects the changes for LTC. 

 

Care Solutions rate calculator
Our Care Solutions rate calculator quotes Annuity Care® II and all Asset-Care® products. It's easy, quick, accurate and consumer-friendly. Share the link with your producers today!
 
Sales ideas
Try these sales ideas with your producers to help grow their asset-based long-term care business:
Tax Deferred to Tax-Free for LTC
Tax-free Leverage for a Lifetime
 
Operations updates
Sales team reduced hours week of Jan. 28
To accommodate annual training, the Care Solutions internal sales team will be operating at reduced hours the week of Jan. 28 as follows:
  • 10:30 a.m. to 5 p.m. ET on Monday, Jan. 28
  • 10:30 a.m. to 5 p.m. ET on Tuesday, Jan. 29
  • 10:30 a.m. to 5 p.m. ET on Wednesday, Jan. 30
Normal hours will resume on Thursday, Jan. 31. You may experience longer than normal wait times Jan. 28 - 31. Non-urgent requests can be emailed to your internal sales partner. All emails received will be responded to no later than noon on the following business day. Thank you for your support and business with OneAmerica! 
 
January interest rate and Guaranteed Interest Rate changes
Effective Tuesday, Jan. 15, 2019, some OneAmerica® interest rates changed. Annuity Care®, Annuity Care II and Indexed Annuity Care® new money rates decreased. Additionally, the Guaranteed Interest Rate for several OneAmerica products increased. View the rate announcement for full details »
 

Policy premium and loan history requests
To better serve you and your clients, we're improving the turnaround time for policy premium and loan history requests. In 2018, we delivered these items in seven to 10 business days. We're reducing that to five business days or less in 2019. Additionally, our revised guidelines for policy premium and loan history requests will improve the consistency and quality of service delivered:
  • We’ll provide up to five years of history.
  • We’ll fulfill up to four requests per year, per policy.
  • We’ll provide premium history for policies on direct billing but not for policies on automatic payment processing (APP).
  • For consistency, our accounting detail will reflect the “applied” date instead of the “received” date.
We appreciate the opportunity to serve you better and will continue to make improvements. Thank you for your business!
 
 
Learn and earn: Sign up now for 2019 webinars 
Care Solutions Live Deep Dives
Go in depth on topics related to our asset-based LTC solutions. Live Deep Dives are every other Friday, 11-11:30 a.m. ET. Review the topics and register for webinars »
 
Care Solutions Suite and Concept Training
Get back to basics! Learn all about asset-based LTC solutions: how they work, how to set up sales, different funding options, product features, benefits and more. Webinars are every other Friday, 11 a.m.-12 p.m. ET.  Register now »  
 
Events: Qualify by Dec. 31!
2020 Chairman's Trip: Reach new heights
Set amid the breathtaking beauty of the Swiss Alps in spring, the destination for the 2020 OneAmerica Chairman's Trip is magnificent Montreux, Switzerland, May 16-21, 2020. By invitation only, you and your guest will experience luxe lodging, rich culture, indulgent tastes and beautiful sites. Qualify through Dec. 31, 2019. 
Producer qualifications »
Venue brochure »
2020 Independent Leaders' Conference: Tropical Nevis awaits! 
The charm and authenticity of Nevis, a small island in the Caribbean, await when you qualify for the 2020 OneAmerica Independent Leaders’ Conference.

Qualify through Dec. 31, 2019, and stay tuned for more details!

Ready to relax on wide open beaches surrounded by vivid natural beauty and bright blue skies? The Four Seasons Resort Nevis offers a tropical oasis flush with sugar-soft beaches and unrivalled island luxury... 

For use with financial professionals only. Not for public distribution.

OneAmerica® is the marketing name for the companies of OneAmerica. Products are issued and underwritten by The State Life Insurance Company® (State Life), Indianapolis, IN, a OneAmerica company that offers the Care Solutions product suite. Asset-Care form numbers: L301 and R501 and SA31. Annuity Care form numbers: SA35, SA34 and R508. Not available in all states or may vary by state.

The companies of OneAmerica®: American United Life Insurance Company®, The State Life Insurance Company®, OneAmerica Retirement Services LLC, McCready and Keene, Inc., OneAmerica Securities, Inc., and Pioneer Mutual Life Insurance Company®, a stock subsidiary of American United Mutual Insurance Holding Company.

© 2018 OneAmerica Financial Partners, Inc. All rights reserved.

   


Topics: hybrid life/Long-Term Care, OneAmerica

Written by LTCI Partners

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