Panora, Iowa – May 31, 2016- As the cost of health care continues to rise, in particular long-term health care, the need for long-term care (LTC) benefit solutions becomes more apparent for Americans preparing for their financial future. With this in mind, Brokers International is expanding its asset-based LTC offerings by representing an A+ rated* insurance and financial service organization, OneAmerica.
Independent insurance agents contracted with Brokers International will now have access to products offered by the companies of OneAmerica, including annuities, life insurance and asset-based LTC solutions. Asset-based LTC benefits cover anticipated and unforeseen long-term health care expenses while the policy holder is still alive, or can be used as a death benefit that passes to beneficiaries tax-free if the policy holder doesn’t use the LTC benefit.
“There is now a greater responsibility by the financial services industry to offer products and services that specifically address the need to plan for and pay for long-term health care situations,” commented Mark Williams, Brokers International president. “Joining forces with OneAmerica and supporting their asset-based long-term care benefits products provides our agents with a broader selection of dedicated products to offer their clients.”
Both Brokers International and OneAmerica have a strong reputation of integrity and service within the financial services industry. When OneAmerica made the decision to branch out from direct producer relationships and explore offering products to independent agents a little more than a year ago, teaming up with one of the longest standing IMOs in the marketplace was an easy decision.
“Financial professionals and consumers alike are gravitating toward asset-based long-term care products as a means to mitigate long-term care risk and create stronger retirement strategies,” said Pat Foley, CLU, ChFC, President, Individual Life and Financial Services at OneAmerica. “Promoting these products through Brokers International is an ideal way to help financial professionals offer the versatile solutions their clients are seeking.”
Brokers International will begin offering OneAmerica company products starting immediately. To get a product quote, contact Brokers International at 800-362-1097 or visit www.biltd.com.
About Brokers International: Brokers International is one of the nation’s largest and longest-standing insurance marketing organizations. Founded in 1955, Brokers International is proud to have a history of offering dedicated resources to help grow independent financial professional’s businesses.
About OneAmerica®: A national leader in the insurance and financial services marketplace for nearly 140 years, the companies of OneAmerica help customers build and protect their financial futures.
OneAmerica offers a variety of products and services to serve the financial needs of their policyholders and customers. These products include retirement plan products and recordkeeping services, individual life insurance, annuities, asset based long-term care solutions and employee benefit plan products.
Products are issued and underwritten by the companies of OneAmerica and distributed through a nationwide network of employees, agents, brokers and other sources that are committed to providing value to our customers.
To learn more about the products, services and the companies of OneAmerica, visit OneAmerica.com/companies. OneAmerica is the marketing name for The State Life Insurance Company® (State Life). Products issued andunderwritten by State Life, Indianapolis, IN, a OneAmerica company that offers the Care Solutions product suite.
*On July 23, 2015, State Life was rated A+ (Superior) by A. M. Best. This is the second highest of 16 possible ratings assigned by the agency.
Brokers International is not an affiliate of State Life and is not a OneAmerica company.
- Political reaction: Republicans propose The American Health Care Act
- State Farm reports $1.2 billion pre-tax operating loss in 2016
- DOL aims for initial 60-day delay in fiduciary rule effective date
- Report aims to put a stop to ‘Use It and Lose It’ homeowner policies
- Most LTCI claims begin and end at home; insurers pay out $8.65 billion in 2016 claims, new data confirms
- Record-setting fixed, FIA sales in 2016 can’t keep overall annuity sales from 6% decline
- 2nd annual ‘Insurance Careers Month’ trumpets fact 93% are proud to work in the industry; rallies recruiting efforts
- MetLife annuity and life products officially rebranded under Brighthouse Financial name