OneAmerica has launched two new term life insurance products designed to offer more flexibility for protection.

Both OneAmerica Term and OneAmerica Premier Term offer guaranteed level premiums and death benefits over the term period, with four term options from which to choose. In addition, OneAmerica Premier Term offers conversion options for permanent protection with whole life or whole life with long term care (LTC) protection.

“With these new products, we’re expanding options for people to match their life insurance coverage to their needs and their overall financial strategy,” said Chris Coudret, vice president of strategy and business development, Individual Life and Financial Services, OneAmerica. “Some people know they won’t have a need for insurance beyond the term period, while others know they’ll at least want to consider a whole life option down the road. With OneAmerica Term and Premier Term, policyholders can be sure they’re paying for the appropriate coverage for their needs.”

Term insurance is an affordable way for families and business owners to cover financial commitments for a specified period of time. According to LIMRA1, four in 10 households don’t own life insurance coverage.

OneAmerica Term and OneAmerica Premier Term are available for 10-, 15-, 20- and 30-year terms, with face amounts from $100,000 to $1 million. OneAmerica Premier Riders offer additional coverage options, including covering all children for one price, waiver of premium for disability, and living needs benefit.

“Financial professionals know term life insurance can help meet a variety of needs for their client,” Coudret said. “We’ve designed our term offerings to be easy to understand and explain to clients, with clear benefits and guarantees.”

Annual statements sent to policyholders will help clients keep track of their benefits and premiums, providing up-to-date information on the part that term life protection plays in their overall financial strategy.

OneAmerica Term and Premier Term are available now in all states except New York and California. To learn more about OneAmerica company products visit

1. “Facts from LIMRA/Life Insurance Awareness Month.” LIMRA, September 2018.

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