Ohio National's five Prestige Whole Life policies are designed to align
Our expertise in designing efficient, focused life insurance products shines through in the Prestige Whole Life series. Whether your clients are in need of guaranteed protection, flexible income solutions, or rich living benefits, we have a whole life product aligned to their goals.
Ohio National's long history of paying dividends and practice of non-direct recognition further enhances these products ability to provide long-term value and help meet your clients' permanent life insurance needs.
With access to eIllustration, eApp and policy eDelivery, doing business with Ohio National is quick and easy for you and your clients.
Limited Pay Whole Life
These products are designed for clients who want a limited premium commitment on a guaranteed basis, and are more focused on the policy’s long-term cash accumulation and distribution potential than on the initial amount of purchased death benefit protection.
Prestige 10 Pay II – Paid up after 10 years
All three stand out for:
Lifetime Pay Whole Life
Utilize the base design of each product when your client wants competitive long-term value for guaranteed death benefit protection. Customize them with a wide-array of riders to shift the design towards premium reduction, premium flexibility, shorter non-guaranteed payment structures, or higher cash accumulation and distribution potential.
Prestige 100 II – Higher long-term base policy values through stronger dividends
Both products offer:
Customize with three Paid-up Additions (PUA) Riders
Each premium payment purchases additional paid-up whole life. PUAs not only increase the policy’s cash value and death benefit, but they are able to generate additional dividends for the policy over time. Within guidelines, these riders can be combined on the same policy to better align it to client goals.
Blend in Term with Protector Plus (Not available on Prestige Value IV)
Term blends can help you accomplish a wide range of policy design goals. By itself, it has the potential to reduce the premium required to support your client’s protection goals. When paired with the Level PUA Rider, it can accelerate the policy’s cash accumulation and dividend growth. It can also help you increase a policy’s premium capacity without violating Modified Endowment Contract (MEC) limits.
Additional optional riders for the full Prestige Whole Life series
FOR FINANCIAL PROFESSIONAL USE ONLY. NOT FOR USE WITH THE GENERAL PUBLIC.
Whole life is issued by The Ohio National Life Insurance Company. Guarantees are based upon the claims-paying ability of the issuer. Dividends are not guaranteed. Product, product features and rider availability vary by state. Company not licensed to conduct business in New York.