OneAmerica has launched two new term life insurance products designed to offer more flexibility for protection.
Both OneAmerica Term and OneAmerica Premier Term offer guaranteed level premiums and death benefits over the term period, with four term options to choose from. In addition, OneAmerica Premier Term offers conversion options for permanent protection with whole life or whole life with long-term care (LTC) protection.
“With these new products, we’re expanding options for people to match their life insurance coverage to their needs and their overall financial strategy,” said Chris Coudret, vice president of strategy and business development, Individual Life and Financial Services, OneAmerica. “Some people know they won’t have a need for insurance beyond the term period, while others know they’ll at least want to consider a whole life option down the road. With OneAmerica Term and Premier Term, policyholders can be sure they’re paying for the appropriate coverage for their needs.”