OneAmerica® Announces Dividend Payment

OneAmerica^® recently announced its Board of Directors approved an estimated dividend payment of more than $31 million to its eligible whole-life policyholders in 2021. In addition, OneAmerica will maintain its dividend scales for AUL and State Life policies.

With its policyholder-first mindset and mutual structure, OneAmerica has a long history of paying a dividend and will proudly share its success again this year. The dividend reflects the steadfast commitment the OneAmerica companies have had to our policyholders for nearly 145 years.

“At OneAmerica, our ability to deliver exceptional value during challenging times doesn’t happen by chance,” said Dennis Martin, president of Individual Life and Financial Services at OneAmerica. “Our continued strong outcomes are the result of prudent investment decisions, a disciplined approach to underwriting and expense management, and enduring relationships with our distribution partners.”

OneAmerica has consistently delivered stable dividend payouts, despite a low interest rate environment, volatile markets and turbulent economies. OneAmerica remained financially strong in 2020, a year of unforeseen challenges and a global health crisis. A.M. Best affirmed the A+ (Superior) rating in July 2020 and Standard & Poor’s issued its AA- rating in September 2020¹. The insurance companies of OneAmerica are among the 8% of U.S. life insurers with both an A.M. Best rating of A+ (Superior) or higher and a Standard & Poor’s rating of AA- or higher.

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¹OneAmerica^® is the marketing name for the companies of OneAmerica. These ratings and rankings reflect rating agency assessments of the financial strength and claims-paying ability of the companies of OneAmerica. They are not intended to reflect the investment experience or financial strength of any variable account, which is subject to market risk. Ratings are assessed annually and can change at any time. OneAmerica companies include American United Life Insurance Company^® (AUL) and its affiliates, The State Life Insurance Company^® (State Life). A+ (Superior) is the second-highest of A.M. Best’s 15 ratings categories and was affirmed on July 31, 2020. AA- is the fourth-highest of Standard & Poor’s 22 rating categories and was affirmed on Sept. 14, 2020. For specific information on financial strength, visit: https://www.oneamerica.com/about-us/financial-strength-ratings

The dividend scale reflects the financial strength and strong ratings of OneAmerica. The Board of Directors annually declares the dividend scale, which is based on three factors: expense, mortality and investment experience. When that experience is better than the guarantees provided by the contract, the difference is credited to the policyholder as a dividend.

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About OneAmerica^_®

A national provider of insurance and financial services for more than 140 years, the companies of OneAmerica help customers build and protect their financial futures. OneAmerica offers a variety of products and services to serve the financial needs of their policyholders and customers. These products include retirement plan products and recordkeeping services, individual life insurance, annuities, asset-based long-term care solutions and employee benefit plan products. Products are issued and underwritten by the companies of OneAmerica and distributed through a nationwide network of employees, agents, brokers and other sources who are committed to providing value to our customers. To learn more about our products, services and the companies of OneAmerica, visit oneamerica.com/about-us/companies-of-oneamerica.

Contact:

Jonathan Neal, Public Relations Consultant, 765-524-1901

jonathan.neal@oneamerica.com