One America: Interest Rate Notice
Access interest rates effective August 15
Effective Thursday, August 15, 2019 some OneAmerica interest rates are changing.
- Indexed Annuity Care new money rates are decreasing
- New rates are listed below
- All other rates remain unchanged
New Care Solutions Rates
Indexed Annuity Care:
Point-to-point Cap: 2.00%
Point-to-point Par: 15.00%
Monthly average Cap: 2.00%
Monthly average Par: 21.00%
Fixed account: 1.15%
Reminder: With the launch of the new Asset Care product, we have moved from an interest-sensitive policy to a traditional whole life policy. One of the differences you will see is how the cash value is calculated. Previously, the cash value grew at a declared current interest rate. With the new product, a current interest rate is not applicable. The cash value is entirely guaranteed and can be seen on a quote.
Most Beneficial Rate: Indexed Annuity Care offers your clients the opportunity to receive the best declared interest (or cap, or par) rate available between the date their application is received in the Home Office, and the effective date of the contract, if fully funded within 60 days of application. This feature is intended as an easy-to-do-business provision to provide you and your clients the peace of mind to know that they can recieve the best declared rates during the application process. Annuity Care also offers this feature for 1035/transfer monies only.
Note: All products may not be available in all states or may vary by state. Policies are issued by the State Life Insurance Company, Indianapolis, IN.
