OneAmerica Indexed Annuity Care – LTC Annuity

June 19, 2023

Indexed Annuity Care from OneAmerica® is an innovative solution to pay for future long-term care (LTC) costs. It can change the way you think about long-term care planning. Especially if you’ve been thinking about self-funding the risk.

This long-term care annuity has upside growth potential, combined with LTC benefits and guarantees. And the health qualification process is more lenient than traditional long-term care insurance.

Find Out If You Qualify >

How Indexed Annuity Care works:

  • Pay a single premium for the contract. But the long-term care rider can be paid as a continuous pay, so the entire policy doesn’t have to be funded as a lump sum.
  • Streamlined underwriting, without the need for medical records.
  • Available to single annuitants or as a joint plan to cover spouses.
  • Link your contract’s growth to several crediting strategies tied to the S&P 500.
  • As the account value grows, so does the amount available for long-term care expenses.


Overview of benefits:

  • You have the ability to link the annuity’s growth to four separate indexing strategies, including point-to-point and monthly average or a fixed account.
  • It provides the tax benefits of the Pension Protection Act, including income tax-free withdrawals for qualifying LTC expenses. Also allows for a 1035 tax-free exchange.
  • Access to leveraged long-term care benefits that exceed the policy’s value.
  • Optional extended or lifetime benefits with guaranteed premiums for qualifying LTC expenses.

Optional Continuation of Benefits Rider

OneAmerica Indexed Annuity Care rider.



Get Long-Term Care Annuity Illustrations

Explore protecting your assets and family from future LTC costs with a long-term care annuity. We have highly rated companies, multiple plan options, and expert long-term care advisors. Expect personalized service on topics such as:

  Suggestions for the product best suited to your situation

  Guidance when comparing multiple products and companies

  Assistance with health qualifying for coverage


Connect with an LTC advisor >
Indexed Annuity Care is underwritten and issued by State Life, Indianapolis, Ind. It is not available in all states and may vary by state. State Life is a OneAmerica company. The companies of OneAmerica have been providing insurance and financial services for over 140 years.