OneAmerica Financial® Announces Dividend Payments
INDIANAPOLIS, November 25, 2024
A national provider of insurance and financial services, the companies of OneAmerica Financial® and its board of directors recently approved an estimated dividend allocation of more than $36.4 million propelled by an increase to the dividend scale for eligible policyholders for 2025.
Throughout our almost 150-year history, the companies of OneAmerica Financial have remained financially stable and resilient because of our core values as a mutual organization. For 2025, the organization is pleased to announce a dividend payment of more than $36.4 million, a 13% increase over 2024. Remaining true to the operating principles that have always guided us to treat all policyholders equitably, the dividend interest rate for new business and specified inforce policies will increase by 10 basis points for 2025. For other policies the dividend interest rate will stay the same or decrease.
“Our increased payout for 2025 reflects our continued commitment to deliver value for policyholders,” said Dennis Martin, president of Individual Life and Financial Services for OneAmerica Financial. “People will always value certainty over uncertainty. We continue to look for ways to increase the value we deliver, while being steadfast in taking a long-term view with a clear priority on financial strength and stability.”
The dividend scale payout and subsequent increase for 2025 reflects the company’s mission to responsibly manage the business for the benefit of policyholders, and it shows the stability of the company’s financial ratings. Earlier this year, OneAmerica Financial companies were recognized by leading credit rating agencies with affirmations from A.M. Best for its A+ (Superior) rating and S&P Global Ratings for its AA- rating1.
The full dividend declaration announcement can be found here.
About OneAmerica Financial®
OneAmerica Financial is the marketing name for the companies of OneAmerica. Dividends are not guaranteed, past performance is not indicative of future results, and actual results may vary.
1 American United Life Insurance Company® (AUL) and The State Life Insurance Company® (State Life) were rated A+ by A.M. Best on Aug. 29, 2024. AUL and State Life were rated AA- by S&P on Aug. 22, 2024. A+ is the second highest of A.M. Best’s 15 rating categories, and AA- is the fourth highest of Standard & Poor’s 22 rating categories. These ratings reflect rating agency assessments of the financial strength and claims-paying ability of the companies of OneAmerica Financial. They are not intended to reflect the investment experience or financial strength of any variable account, which is subject to market risk. Because the dates are only updated when there's a change in the rating, the dates above reflect the most recent ratings we have received. Please know that these ratings can change at any time.
Media Contact:
Zach Osowski
Zach.Osowski@oneamerica.com