Whole life insurance is permanent coverage designed to help protect your loved ones while also offering features that can support your financial goals over time. It provides lifelong protection, predictable premiums, and added flexibility to help meet changing needs throughout your life. Watch this short video to learn how it works and why many people make it part of their long-term financial strategy.
Steady and dependable. Just like you.
Our whole life insurance products are issued and underwritten by American United Life Insurance Company® (AUL), a OneAmerica Financial® company.
There’s a reason whole life insurance has been around for decades. It offers a reliable, straightforward way to protect the people you love. On top of that, it provides guaranteed growth — serving as an asset you can borrow against.
Today, people still buy whole life policies as stand-alone products. But, more and more, they use whole life as a foundation to build on, adding riders for long-term care and other needs. Whichever path you choose, we’re here to help.
What is whole life insurance?
How it works
Starting a whole life insurance policy is a fairly straightforward process, and your financial professional will walk you through the details. But, generally speaking, here’s what you should know:
- You’ll receive a “level premium,” meaning your premium will remain unchanged for the life of the policy.
- During the life of the policy, your death benefit won’t decrease.
- Your policy will grow in value at a guaranteed rate, and you can borrow against it if you choose.
Why it's popular
Whole life could be right for you because:
-
You can customize your policy with an array of optional riders in order to meet your needs.
-
We offer whole life options to accommodate a wide range of budgets.
-
Whole life policies aren’t subject to the ups and downs of the stock market.
Where to start
Learn more about whole life insurance —and other insurance options —by talking to your financial professional.
You can also use our Economic Life Value Calculator to determine what amount of coverage is right for you.
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. Whole Life 95, Whole Life 121 and Whole Life Select form numbers: L-60 and L-60SP. Not available in all states or may vary by state. Guarantees are subject to the claims-paying ability of AUL. Life insurance should be purchased by individuals that have a need to provide a death benefit to protect others with insurable interests in their lives against financial loss. Life insurance is not a retirement plan, investment, or savings account. Withdrawals and loans from a life insurance policy reduce the death benefit and cash value, may increase the chance the policy will lapse, and may result in a tax liability if the policy terminates before the death of the insured.