Never miss any update

Subscribe to the Planning Tips and Carrier News for Advisors newsletter today to receive updates on the latest news from our carriers.

Your privacy is important to us. We have developed a Privacy Policy that covers how we collect, use, disclose, transfer, and store your information. 

Jul 2, 2019 • LTCI Partners

OneAmerica- Updated AssetCare has Launched!

 
July 1, 2019   
News to Know
 
 
Our updated Asset Care® product has launched!
Asset Care® is still the same great product with the same great benefit guarantees — we’ve just simplified and enhanced the product, improved consistency while maintaining flexibility, and added options that our distribution partners have asked for over the years.
Asset Care product highlights:
  • Zero-day waiting period for home healthcare
  • Optional joint coverage and lifetime benefits
  • COB rider built into base policy
  • New Single Premium Drop-In Rider on Recurring Premium Whole Life
  • New 5-pay option on Recurring Premium Whole Life
What you need to plan for today
State approvals
The Asset Care Product Launch and Advertising Approval tracking spreadsheet shows the most current state availability information. After the initial launch, you may continue to sell the current product in states where the new product has not launched.

Transition rules
New business processing updates
OneAmerica® is committed to providing a positive customer experience. In anticipation of a higher volume of business with the Asset Care product launch, we have implemented the following:
  • Added additional resources internally to help ensure processing time impacts are minimal
  • Worked with LTCG, our vendor who conducts our underwriting phone interviews, to add additional hours for interview availability
Despite these efforts, you may still experience an impact in internal processing time and LTCG interview availability. You can help by:
  • Setting expectations with your clients in advance
  • Letting clients know that interviews could take two to three weeks to complete
We’ll work to ensure resources are dedicated appropriately and continue to provide updates as necessary.

Have questions?

Contact your OneAmerica regional sales director with questions about Asset Care.

OneAmerica® is the marketing name for the companies of OneAmerica. ©2019 OneAmerica Financial Partners, Inc. All rights reserved. OneAmerica® and the OneAmerica banner are all registered trademarks of OneAmerica Financial Partners, Inc. 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: ICC18 L302; ICC18 L302 JT; ICC18 L302 SP; ICC18 L302 SP JT. Not available in all states or may vary by state.

For use with financial professionals only. Not for public distribution.
19-02772
 


This email was sent by:
OneAmerica Financial Partners, Inc.
One American Square, PO Box 368 Indianapolis, IN 46206-0368 United States

 
 

Written by LTCI Partners