OneAmerica Corporation, a One AmericaTM company, provides many products, including annuities and life insurance, that can provide long term care benefits should someone require expensive nursing care. If the need for such care is ever felt, one can rest assured that the money can be used to pay for it, and that they have not depleted their own resources unnecessarily.
There are several benefits to purchasing annuity plans through a OneAmerica Company. The annuitant will enjoy tax advantages, as well as the ability to take out an additional premium to cover the expense of long term care. These tax advantages are usually provided as part of the policy and can often be deducted from the income tax the applicant will have to file. Additionally, one does not have to consider how to handle medical insurance or health care coverage for themselves, and can continue to do so without having to worry about how it is paid for.
If one purchases annuity policies through a OneAmerica Company, it is important to remember to read all the terms and conditions carefully. Although there are some basic policies included with the plan, there are also some added services that can help people who need them the most.
OneAmerican Life, a division of OneAmerica Corporation, has an online site that is very helpful in determining the various plans available. One American Life has a variety of annuity plans, including Life Plus Plan, Life Guaranteed Plan, Life Premium Plan, Life Universal Plan, Life Term Plan and Life Universal Guaranteed Plan. One American Life has plans for those who live in the UK, as well as many other countries. Most of the policies offered by this company are provided as a fixed rate, so as to help ensure that there are no gaps in one’s coverage should the need arise.
One American Life has a number of products designed to help provide individuals with more flexibility when it comes to investing their money. One American Life has many different options that will allow individuals to choose the type of annuity they wish to purchase. Most people who buy annuity plans through this company can choose the plan that best suits their needs, as well as the amount of money they wish to invest in the policy.
One American Life has an entire insurance department to handle claims submitted by the customers, and these people will be able to discuss any questions or concerns they may have. with the customer service personnel from this insurance company. All policy documentation can be handled on this department, as well as any medical bills that may come up during the claims process. This department can be accessed by the customer by telephone, as well as online.
When a customer selects the benefits that they want to purchase with their annuity policies through OneAmerican Life, they will need to check out the various policies and features offered. For example, some policies are designed to provide cash payments, while others provide partial or full benefits. The cash payments may not be the best option for all individuals, but the choices are there for anyone to select, should they be looking for something a little different. Many people prefer to have partial payments provided, and can choose to purchase a higher payment, if the financial situation calls for it.
One American Life also has several products for those who purchase annuities. They offer an Annuity Supplement, which provides a tax-deferred investment for those who wish to invest their money in real estate, and are planning to sell their home at some point in time. If the annuitant decides to sell, they can then take out a new annuity to replace the original one.