The State Life Insurance Company
The Company
The State Life Insurance Company, a OneAmerica® company, is focused on providing asset-based long-term care solutions. State Life is a recognized leader in providing these solutions, which utilize life insurance, fixed-interest deferred and immediate annuities. The company’s extensive Care Solutions portfolio of products helps consumers build a secure future by helping to protect their assets.
Products and Services
State Life’s Care Solutions Portfolio includes Asset-Care (life insurance with LTC benefits), Annuity Care (annuity with LTC benefits), ImmediateCare (immediate annuity for individuals currently receiving long-term care) and Legacy Care (senior-focused deferred annuity).
Common Values and Objectives
As a OneAmerica company, State Life strives to uphold the core values of achievement, stewardship, partnership, integrity, responsiveness and excellence. These values are reflected in the attitudes and goals of its representatives, as the organization strives to build and achieve not only a personal relationship with clients, but also long-lasting friendships. The relationship with OneAmerica provides the best of both worlds for State Life — the strength, stability and diverse product portfolio of a large company coupled with the personalized service available from a smaller company.
Financial Strength
State Life has a long history of financial strength, helping the company keep its promise to clients to provide security and peace of mind. State Life’s strength is evident in some of the highest ratings assigned by respected independent industry analysts.
A.M. Best
A (Excellent)—The third highest of 15 possible ratings, according to the release dated June 17, 2009.
Standard & Poor’s
AA- (Very Strong)—The fourth highest of 21 possible ratings, according to its report dated Feb. 26, 2009 and the report dated July 2, 2009.
Financial highlights
About OneAmerica
Note: These ratings and rankings reflect rating agency assessment of the financial strength and claims-paying ability of The State Life Insurance Company. 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 reflects the most recent ratings we have received. Please know that these ratings can change at any time.
Note: Asset-Care policy form # series L301, SA31, and R501. Annuity Care policy form # series SA34 and R508. Immediate Care policy form # series SA33. Legacy Care policy form # series SA32, R502, and R503. Product and riders may not be available in all states.
