Plans that Leverage Your Assets, Use Qualified or Non-Qualified Funds, Guarantee Rates and Unlimited Benefits for Long Term Care and more…
Asset Care® Whole life insurance with LTC benefits
Annuity Care ® Single premium annuity with LTC benefits
Legacy Care ® Single premium deferred annuity
Immediate Care ® Immediate Lifetime annuity (SPIA)
Asset Care Plans:
As personal situations change, so will an individual’s life insurance needs. Care should be taken to ensure this product is suitable for long-term life insurance needs. Any associated costs should be considered before making a purchase. Life insurance has fees and charges that include costs of insurance which vary based on gender, health, and age, and has additional charge for riders. Guarantees are subject to the claims paying ability of the issuing insurance company.
Annuity Care Plans:
A fixed annuity is a long-term, tax-deferred insurance contract designed to create a fixed stream of income through a process called annuitizing while providing a fixed rate of return. Withdrawals from fixed annuities may be subject to surrender charges and ordinary income taxes. If a withdrawal is made prior to age 59 ½, an additional 10% tax penalty may apply. A fixed annuity contains guarantees and protections that are subject to the issuing insurance company’s ability to pay for them.
Riders are optional and carry an additional cost. The long-term advantage of an optional benefit will vary with the terms of the benefit option and the length of time the product is owned. As a result, in some circumstances, the cost of an option may exceed the actual benefit paid under the option.
Please note that the replacement of an existing annuity must not be made unless all factors are weighed and it is documented as suitable for the client.
Review the material below to learn about One America's underwriting and training: