To be considered for portability or conversion of coverage, OneAmerica Financial must receive your completed and signed application and required premium within 31 days of termination of coverage under your employer’s group insurance.
Options to retain your life and disability protection
When you lose coverage through your employer, your life and disability insurance doesn’t have to end. OneAmerica Financial℠ cares about you and your family’s financial health. Learn how to keep your protection now, so you can focus on what’s next for your future.
You have two ways to keep your life insurance coverage and one way to retain your disability coverage.
Two ways to keep life insurance coverage
Through portability
Portability allows you to continue the life insurance coverage as offered by your employer. This option is available to everyone under age 70 and may allow you to continue coverage of eligible dependents if you continue your coverage.
Three steps to apply for group term life portability
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Gather required information
You will need the following information to submit with your application:
- Employer and group insurance information (from your employer)
- Bank draft information to set up automatic payment
- Beneficiary information, and dependent information if you are continuing dependent coverage
More information about calculating your rate for portability of coverage.
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Complete the application
For more information about completing the portability application, please refer to this guide.
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Submit within the deadline
You can submit your application by mail, email or fax.
American United Life Insurance Company
PO Box 6123, Indianapolis, IN 46206
Fax your application: 317-285-7542 or toll-free at 1-800-285-1565
Note: Premiums are not guaranteed and may change at any time. The certificate does not accrue cash value.
Through conversion
Conversion allows you to turn the life insurance coverage offered by your employer into an individual whole life policy. This option is available to everyone under age 85 and may allow you to continue coverage of eligible dependents, even if you opt out of coverage for yourself.
Three steps to apply for conversion into whole life insurance
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Gather required information
You will need the following information to submit with your application:
- Employer and group insurance information (from your employer)
- Bank draft information to set up automatic payment
- Beneficiary information, and dependent information if you are continuing dependent coverage
More information about calculating your rate for conversion of coverage.
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Complete the application
Download the Conversion form (G-28376)
For more information about completing the conversion application, refer to this guide.
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Submit within the deadline
You can submit your application by mail, email or fax.
American United Life Insurance Company
PO Box 6123, Indianapolis, IN 46206
Fax your application: 317-285-7542 or toll-free at 1-800-285-1565
Note: Premiums may be different than the group policy but are guaranteed not to increase once the individual policy is issued. Whole life insurance policies accrue cash value and have the potential to earn dividends.
Application deadline reminder
Keep disability insurance coverage
Portability allows you to continue your group disability insurance offered by your employer for up to 12 months after a change in employment status. Coverage is available to individuals under age 70 who are not receiving disability benefits and meet all other eligibility requirements.
Steps to apply for portability of group disability insurance
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Dowload the application
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Complete your section
To fill out the employee section of the application, you’ll need to provide your personal information, along with some employer details.
- If you do not know the Policyholder Number, write down your employer’s name only.
- Sign and date only Page 2 of the application
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Give it to HR
Your HR administrator is responsible for completing Page 3 and submitting the full application to OneAmerica Financial within the 31-day deadline.
While you cannot submit the application yourself, you can set up reminders to check in with your HR administrator and make sure your application is submitted on time.
Next steps
A OneAmerica Financial representative will contact you once your application has been reviewed.
For more information on how to continue your life or disability insurance coverage, call 800-553-5318 or email EBContactCenter@oneamerica.com.
OneAmerica Financial is the marketing name for the companies of OneAmerica Financial. Products issued and underwritten by American United Life Insurance Company® (AUL), Indianapolis, IN, a OneAmerica Financial company. Not available in all states or may vary by state.