OneAmerica® Dividend Payment Reflects Financial Strength and Stability
A commitment to sharing success with policyholdersIndianapolis, December 7, 2022
A national provider of insurance and financial services, the companies of OneAmerica® recently announced its board of directors approved an estimated dividend allocation of more than $28.5 million to its eligible whole-life policyholders in 2023. OneAmerica will also maintain its dividend scale for 2023.
“Throughout our 145-year history, OneAmerica has steadfastly delivered on its promises,” said Dennis Martin, president of Individual Life and Financial Services at OneAmerica.
OneAmerica has consistently paid out dividends, even during times of uncertainty. The reliably strong outcomes are a result of judicious investment decisions, a disciplined approach to underwriting and expense management in addition to enduring relationships.
“Despite external forces, such as rising inflation and economic volatility, we’re pleased to be able to maintain our dividend scale and share our positive results with policyholders,” said Martin. “Built on a strong financial foundation, OneAmerica has a long tradition of paying a dividend, which reflects the value of our mutuality. Our long-term view and prudent investments guide our disciplined approach and work to benefit those we serve.”
The dividend scale 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 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.
OneAmerica 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.
1OneAmerica companies include American United Life Insurance Company® (AUL) and its affiliate The State Life Insurance Company® (State Life). AUL and State Life were rated A+ by A.M. Best’s on Aug. 17, 2022. AUL and State Life were rated AA- by S&P Global Ratings (S&P) on Aug. 12, 2022. A+ is the second highest of A.M. Best’s 15 rating categories, and AA- is the fourth highest of S&P’s 22 rating categories. Please know these ratings can change at any time. For specific information on financial strength, visit: https://www.oneamerica.com/about-us/financial-strength-ratings
A national provider of insurance and financial services for more than 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 who are committed to providing value to our customers. To learn more about our products, services and the companies of OneAmerica, visit oneamerica.com/about-us/companies-of-oneamerica.
Products are issued and underwritten by AUL, a OneAmerica company, Indianapolis, IN. May not be available in all states or may vary by state.
Jonathan D. Neal
Public Relations Manager