Indexed Annuity Care
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History of Innovation
Asset-based LTC, aka hybrid or linked linked benefit, have existed since 1988. OneAmerica stakes a claim to being the premier innovator of this space. There is only one other carrier who can make this claim. What they and the other carriers in the asset-based LTC arena cannot claim is the depth and breadth of solutions… Continue reading
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Q&A – Annuity Training
Question: What products require annuity training? Answer: A good chunk of the Care Solutions portfolio is comprised of annuity based solutions. The following products require annuity training: Asset Care Annuity Funding Whole Life Annuity Care Annuity Care II Indexed Annuity Care Legacy Care ImmediateCare SPIA To complete the required training, go to www.oneamerica.com/slproducttraining Continue reading
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Annuities – Think Leverage
Think about all of the people who own deferred annuities. Now think about how many are out of surrender and have no real purpose. Let our Annuity Care solutions provide new value to those old annuities. Here are a few points to consider when annuity discussions arise with clients. A majority of non-qualified deferred annuity… Continue reading
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Most Beneficial Rate
At OneAmerica, we have a program called “Most Beneficial Rate” (MBR) which simply does what it says. Here is what it does. For the 60 days between application and premium-receive date, the rate is locked to protect against rate changes for up to 60 days. This helps protect the policy pricing from funding delays. The… Continue reading
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Income and LTC
Forbes published an article on April 16, 2019 that shared “Comparing The 3 Most Popular Retirement Income Strategies”. According to the article, there are three common approaches: Systematic Withdrawal Strategy Using this strategy, if you had $1,000,000, you could withdraw roughly 4% ($40,000) per year adjusted for inflation and would not run out of money. … Continue reading
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Not So Average Care
The following stats are posted on LTC.gov: someone turning age 65 today will have a 70% chance of requiring “some” long term care services and/or support in later years women require care on average 3.7 years men require care 2.2 years 33.3% of today’s 65 years olds may never require care 20% of today’s 65… Continue reading
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Q&A – Funding Sources
Question: With so many different strategies for funding, is there a single place where I can go to get that information? Answer: There certainly is. The “LTC Protection at Your Fingertips” piece simply outlines all of the funding sources as well as the products that they can be used to fund. Remember, when using the… Continue reading
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Individual Policy 1035 Funds Joint Policy
YOU NEED TO READ THIS ARTICLE AS IT EXPLAINS HOW THIS CAN BE ACCOMPLISHED. Earlier this week, I was asked if there is a way to fund a joint policy using a 1035 exchange from an individual policy. Before I go any further, the basic rules for a 1035 exchange are: the exchange must be… Continue reading
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Look at Your Annuity Clients
Do you remember the Eveready Battery ad with Robert Conrad? Where he pitches the product and the says “I dare ya”. Well, this is my Robert Conrad – Eveready Battery moment … Take a look at any your book of business, take a good honest look at all of your clients. I dare you to… Continue reading
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Q&A – Guaranteed Benefits
Question: Premiums are guaranteed for both the base policy and continuation of benefit rider (Asset-Care & Annuity Care). Are there other elements of the policy that are guaranteed? Answer: There are guaranteed elements of every policy that extends beyond the premium. With Asset-Care I & IV, for example, the minimum guaranteed benefit that will be… Continue reading
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Indexed Annuity Care Guaranteed Growth for LTC
Indexed Annuity Care is not intended to replace another annuity product that is intended to generate income. It is designed to provide a protection buffer for other income producing assets. Like many indexed annuities, Indexed Annuity Care offers upside growth with downside protection while in the accumulation phase BUT it is the ONLY indexed annuity… Continue reading
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Annuity Care – tax free LTC for life
When most people think about annuities, they do not think of long term care. Think think of either what Ken Fisher (no relation) is shouting about how bad annuities are or the income feature that they have been sold as part of a VA or indexed product. This is shallow thinking on both parts if… Continue reading
Fridays with Fisher 
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