OneAmerica Announcing Asset Care Acceleration Option Enhancement
As of July 26th, the joint option on OneAmerica's Asset Care will include the 4% acceleration point. Note that cases issued on or after July 1st can be reissued upon request and submission of a new illustration. Read on for the details!
Effective July 26, 2023, the joint option on OneAmerica Asset Care will include the 4% acceleration option. Just like the clients we mutually serve, there is no one-size-fits-all approach to long-term care protection. The addition of a 75-month shared benefit pool expands our ability to provide meaningful and flexible benefit options for cost-conscious clients, and our unique lifetime benefit will now be more affordable in many situations.
For details, please review I-31591 Care Solutions Product Guide. (The 75-month option currently is not available in California, however.)
Transition Rules
If desired, pending joint cases can be converted to the 4% acceleration upon request and submission of a new illustration. Cases issued after July 1, 2023, can be reissued upon request and submission of a new illustration. Requests must be received by your case manager no later than Aug. 31, 2023. The illustration will not require a client signature.