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| | | Interest Rate Notice: Annuity Care® - Effective Sunday, August 1, 2010, Annuity Care's LTC Fund rate will be 3.55% and the Cash Fund Maximizer rate will be 3.00%
Annuity Care® II - Effective Sunday, August 1, 2010, the Annuity Care II LTC Accumulated Value interest rate will be 3.25% and the Accumulated Value rate (cash value) will be 3.10%
In addition, the interest rate lock that has been used on Legacy Care® will now be available for the Annuity Care products, effective with this change. Interest rate lock will have the following impact based upon the method of funding: - Cash Transactions: We must receive all applications with full premium in the Home Office no later than Saturday, July 31, to preserve the current interest rate.*
- Transfer/1035 Transactions: We must receive all applications with completed transfer or 1035 paperwork no later than Saturday, July 31.* All pending transfers or 1035s must be fully funded by Thursday, September 30, to preserve the current interest rate.
*Note that no regular mail is received on Saturdays. | | | | | | For company use and use with financial professional only. Not for public distribution. | | | Guarantees are subject to the claims paying ability of The State Life Insurance Company. Annuity Care and Annuity Care® II are single premium deferred annuities, medically underwritten and issued by The State Life Insurance Company, Indianapolis, IN. They may credit additional interest to amounts withdrawn for qualifying long-term care expenses. State Life Policy Forms: SA34 and SA35. Not available in all states. | | | © 2010 OneAmerica Financial Partners, Inc. All rights reserved. OneAmerica® and the OneAmerica banner are all registered trademarks of OneAmerica Financial Partners, Inc. | | | | | | |