Care Solutions
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Claims Concierge
Our promise is to be there when our policyholders (and their loved ones) need us. There is no more important time during our relationship then when an extended healthcare event occurs. How OneAmerica® Care Solutions Claims Concierge works: When a policyholder needs extended care, call us first. The sooner you call, the sooner we can start… Continue reading
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The LTC Claim
We are in a relationship business providing a promise to provide a financial solution to a family when they most need it. Please, take a moment to view this video. We share our Claims Concierge story. (This is consumer approved.) I dare you to be a “tough guy” and not be touched by the story. In… Continue reading
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Q&A – COB tax deductibility
Question: I am correct that the Continuation of Benefit Rider premium may be deductible? Answer: That is correct. Depending upon a who the premium payer is and how they file their taxes – premiums may be deductible. Our Tax Guide can address this from an individual plan to one paid for by a C-corp – it is a very useful tool for… Continue reading
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Q&A – broker of record
Question: What does an agent who is currently appointed with OneAmerica need to become a servicing agent on a policy? Answer: All of the following are required: A completed Service Request form, signed by the policyholder must be submitted Agent must be licensed in residence state and all states that policies are in Agent must be have LTC… Continue reading
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1035 Exchange & the Transfer Annuity
Let’s set the stage. The advisor and client agree that Annuity Care is the best way to address their LTC concern. It seems like a slam dunk, the client has a boatload of nonqualified money parked in an index annuity and they want to carve off a small portion to fund their protection. The problem arises. The ceding carrier… Continue reading
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Revenue Neutral Solution
Often times, I am asked for my advice on what product to use and when. My initial response is always going to be “that all depends”. The OneAmerica Care Solutions portfolio is NOT cookie cutter or one size fits all. It is dynamic and capable of providing a LTC funding solution based upon the unique needs, wants,… Continue reading
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Q&A – incentive trips
Question: Does OneAmerica offer a producer trip? Answer: The 2020 Leaders Conference is slated for the Caribbean island of Nevis. The Leaders Conference is scheduled for June 6 – 10. Qualifying runs from January 1, 2019 – to December 31, 2019. To become eligible, producers must generate 1,250,000 production credits. CLICK HERE TO VIEW QUALIFYING CRITERIA. Continue reading
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Underwriting Tools
It’s easy to be product focused when you have the deepest, broadest, and most diverse product portfolio in the industry. I am guilty. Underwriting is an area that also differentiates OneAmerica from our peers. We are more than a streamlined underwriting, table 4 to standard (preferred) carrier. Our Asset-Care underwriting, if less that perfect can… Continue reading
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Q&A – tax guide
Question: Where can I go to get information tax information about the Care Solutions products? Answer: Our Tax Guide Booklet produced by the OneAmerica Advanced Sales team is a great starting point. If your scenario is more complex, we can always speak with our Advanced Sales team. In my opinion, they are outstanding! Continue reading
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1035 Exchange & Deferred Annuities
The Pension Protection Act of 2010 created the opportunity to 1035 exchange life insurance or non-qualified deferred annuity proceeds into “qualified” long term care products like Asset-Care & Annuity Care. A 1035 exchange provides a powerful way to re-purpose an existing policy (with gain) into a long term care solution. Think of it this way… Continue reading
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1035 Exchanges
The current arena of linked benefit/asset based/hybrid LTC has roots going back almost 30 years when the Golden Rule Company (now OneAmerica) introduced Asset Care as a single premium product. Asset-Care offers more funding options than any of our peers including recurring premiums (10 pay, 20 pay, or “whole life”) as well as single premium… Continue reading
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Q&A – tax free annuity for LTC
Question: Can a “regular” deferred annuity have withdrawals made from it for LTC expenses, and have those withdrawals treated as tax-free distributions under the PPA? Answer: Every written interpretation indicates that an annuity policy must include the language which makes it qualifying LTC insurance under IRC Section 7702B to allow for withdrawals used for LTC expenses or… Continue reading
Fridays with Fisher 
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