Tuesday, July 1, 2014

Lifetime benefits are back!

 

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Back and better than ever:
Asset-Care® and Annuity Care® Continuation of Benefits Rider

 

Effective July 1, 2014, the previously announced new Continuation of Benefits (COB) rider available with Asset-Care and Annuity Care sales will be released in Ohio and South Carolina.

 

As a reminder, the new, updated COB rider offers:

  • Lifetime benefit periods - returning with their previous parameters
  • Expanded inflation protection offerings (may vary by state)
  • A new 20-pay premium option (Asset-Care only)

All while retaining the industry-leading, unbeatable COB features your clients desire:

  • Guaranteed premiums that can never increase
  • Unisex premium rates - at a time when other LTCi products are separating prices by gender with sharply increased female premiums
  • The ability to provide joint life benefits from a single policy

So that you may begin illustrating these expanded COB offerings, be sure to download updated State Life illustration software version 5.94 on www.ols.oneamerica.com - available Tuesday, July 1. Updated applications, forms and Sales Connection e-App will also be available Tuesday, July 1.

Please contact the Sales Desk at 1-800-275-5101 with any questions or for assistance.

States previously made available: Alabama, Alaska, Arizona, Arkansas, Colorado, Connecticut, Delaware, Washington, D.C., Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, North Carolina, North Dakota, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Dakota, Tennessee, Texas, Utah, Virginia, Washington, West Virginia, and Wyoming.

Notes: Asset-Care and Annuity Care are medically underwritten and issued by The State Life Insurance Company, Indianapolis, Indiana. Policy Forms: Asset-Care: L301, SA31 and R501; Annuity Care: SA34, R508. Not available in all states or may vary by state. All guarantees subject to the claims paying ability of State Life.

 

For Company Use Only. Not for Public Distribution.

Products and financial services provided by The State Life Insurance Company

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This email was sent to: jesse@schaeferfinancialgroup.com

This email was sent by:
The State Life Insurance Company, a OneAmerica® company
One American Square, P.O. Box 6123 Indianapolis, IN 46206-6123 USA



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