OneAmerica: Indexed Annuity Care will be available in California on June 15!

Be the first to offer Indexed Annuity Care (IAnC) in your local market!

OneAmerica^® has worked diligently to make available Indexed Annuity Care in California, which will bring us to a total of 48 state approvals. IAnC is rolling out in California on June 15, 2016, and we are excited to share the details with you.

Indexed Annuity Care is a fixed-indexed annuity that provides benefits for qualifying long-term care (LTC) expenses. With Indexed Annuity Care, your clients can grow their assets, protect them from downside risk, and help create a barrier between themselves and the risks associated with LTC.

Indexed Annuity Care offers:

A single premium structure with no risk of premium rate increases
Potential growth through multiple crediting strategies
Income-tax free withdrawals for qualifying LTC expenses
Additional lifetime benefits with guaranteed premiums

Two key differences for California:

While the surrender charge period remains at nine years, year 1 and 2 are 8 percent, declining by 1 percent per year.
Only non-qualified (after-tax) funds are accepted for premiums.

Join us for a webinar

We’ll highlight product features, illustrations and sales ideas in our upcoming national webinar series. Don’t miss this valuable training opportunity with our Development Wholesaler, Chris Huntsman.