Senior Market Insurance Announcements

Ohio State Life Extends Annuity Rates Until May 8, 2020

April 30, 2020

Ohio State Life (OSL) has extended its annuity rates one more week! Please let us know how we can help you take advantage of these OSL HOT RATES!

Read more about OSL Annuities

Rate Lock Guidelines

CASH WITH APPLICATIONS (CWA): Applications signed and dated on or before May 8, 2020, and received** in the administrative office no later than 5 p.m. CT on May 15, 2020, and in which ALL funds are received in the administrative office with the application on or before May 15, 2020, will receive the better of the annuity rates in effect on:

  • the date on which the application was signed or
  • the date on which the annuity contract is issued.

1035 EXCHANGES/TRANSFERS: Applications signed and dated on or before May 8, 2020, and received** in the administrative office no later than 5 p.m. CT on May 15, 2020, and in which ALL funds are received in the administrative office on or before June 22, 2020, will receive the better of the annuity rates in effect on:

  • the date on which the application was signed or
  • the date on which the annuity contract is issued.

*The Ohio State Life Insurance Company reserves the right to change any rate sheets and any applicable rate lock guidelines in its discretion at any time by updating and distributing such documents to producers/agents.

**For purposes of these Rate Lock Guidelines, an application is considered received in the administrative office only if all documentation required by The Ohio State Life Insurance to constitute a complete, fully executed application is received.

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