Product Portfolio - anthonydestefanis.com Product Portfolio.pdf · WHOLE LIFE INSURANCE The Prestige Series of whole life products offers a variety of base products that can be matched

LIFE INSURANCE

FOR FINANCIAL PROFESSIONAL USE ONLY

Product PortfolioChoice, performance, guarantees

Life changes. We’ll be there.®

Our mission is to make a difference in your life by helping you achieve financial security and independence today – and for generations to come.

Look to Ohio National for real product differences, outstanding financial strength, and long-term value and protection for your clients.

We can help provide you with the foundation needed to bring in new revenues with a product portfolio that will enhance your clients’ confidence in you.

Discover Ohio National’s broad individual life insurance portfolio:

• Whole life insurance

• Term life insurance

• Universal life insurance

• Indexed universal life insurance

• Variable universal life insurance

Let us be your company for life!

Choice, performance, guarantees

Company strengthOhio National has consistently been a solid, well-performing organization. For all critical elements, we deliver exceptional performance.

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A+ (Superior) from A.M. Best Company (based on balance sheet strength, operating performance and business profile), its second-highest ranking of 16 categories.

A+ (Very Strong) from Standard & Poor’s (for financial security charac-teristics), its fifth-highest ranking on a 21-part scale.

A1 from Moody’s Investors Service (for insurance financial strength), its fifth-highest ranking on a 21-part scale.

Consistent industry ratingsSince the early 1990s, Ohio National has been one of the most highly rated companies of its size by A.M. Best, Standard & Poor’s and Moody’s.1

1These ratings do not refer to the safety or performance of our variable products or their underlying portfolios. All ratings information is according to reports published on: standardandpoors.com, ambest.com/ratings and moodys.com/insurance. Ratings are accurate as of 1/3/18. For the most current ratings, see ohionational.com.

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CompanySurplus Ratio

Expense/ Income

3-Year Growth

Total Assets

3-Year Growth

Ordinary Life

Premiums

3-Year Average

Lapse Ratio

5-Year Net Investment

Yield

5-Year Total

Return on Investments

The Ohio National Life Insurance Company 13.50% 5.00% 4.60% 6.90% 6.70% 4.91% 3.93%

Ohio National Assurance Corporation 8.40% 12.20% 5.10% 7.50% 5.70% 5.32% 5.24%

American General Life 8.50% 22.10% 2.40% 15.90% 5.60% 5.54% 5.92%

AXA Equitable Life Insurance Company 10.10% 4.50% 3.10% 8.90% 5.30% 6.24% 4.70%

Guardian Life Insurance Company of America 13.50% 13.30% 7.20% 15.70% 3.90% 5.01% 5.49%

John Hancock U.S.A. 8.40% 11.80% -1.30% 7.50% 4.70% 4.80% 4.85%

Lincoln National Life Insurance Company 8.90% 6.40% 3.40% 6.60% 4.50% 4.82% 4.92%

Massachusetts Mutual Life Insurance 11.50% 8.90% 7.00% 20.00% 4.10% 4.72% 5.22%

Midland National Life Insurance 7.40% 2.90% 10.90% 3.00% 4.30% 5.32% 5.47%

New York Life Insurance Company 14.20% 11.80% 7.00% 6.70% 5.60% 4.71% 5.23%

Northwestern Mutual Life Insurance Company 10.70% 6.70% 5.20% 2.70% 3.50% 4.78% 5.08%

Pacific Life Insurance Company 14.40% 6.40% 2.80% 11.00% 4.90% 4.97% 4.23%

Protective Life Insurance Company 15.00% 9.50% 2.90% -15.10% 5.00% 5.45% 4.91%

Prudential Insurance Company 10.80% 6.70% -4.30% -15.90% 3.90% 5.37% 5.79%

Transamerica Life Insurance Company 10.40% 5.30% 4.00% -5.20% 5.70% 4.77% 4.38%

Voya Insurance and Annuity Company 6.70% 6.50% -4.30% -40.40% 7.40% 3.92% -0.01%

Competitor Average 10.75% 8.77% 3.29% 1.53% 4.89% 5.03% 4.73%

Data for year end 2016 from the life insurance companies’ statutory statements. Source: Vital Signs Version 1.42.0002

Financial comparison: Insurance and financial services companies

Solid financialsOhio National delivers the financial strength on which your clients depend. As of December 31, 2016, our affiliated companies have approximately $41.8 billion of total assets under management.

Diverse productsOhio National is committed to providing you with the product portfolio you want. We offer a wide variety of product types designed to help meet the wants and needs of your clients. With a focus on providing long-term customer value the portfolio delivers affordable term life insurance and permanent life insurance designed for protection or accumulation, or both.

Death benefit protection

Cash value accumulation

Prestige SeriesWHOLE LIFE INSURANCE

The Prestige Series of whole life products offers a variety of base products that can be matched with several different riders. This flexibility provides you with the tools you need to design product solutions that help fit your clients’ goals. When you think whole life, think Ohio National’s Prestige series.

• Prestige Value III

• Prestige 100

• Prestige 10 Pay

• Prestige Max II

FlexTerm SeriesTERM LIFE INSURANCE

Ohio National’s FlexTerm series of level premium term products provides you with some of the most com-petitive pricing in the industry. Whether your client wants the lowest premium possible, or if having ex-panded conversion options is important, you can find an affordably priced option in our term series.

• FlexTerm 10

• FlexTerm 15

• FlexTerm 20

• Recap Term

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Premium and investment flexibility

Virtus SeriesUNIVERSAL LIFE INSURANCE

Ohio National’s Virtus series provides you with tools for both death benefit protection and accumulation. The V-Pro Universal Life policy is focused on low in-ternal charges to provide efficient death benefit pre-miums. Virtus IUL uses the same philosophy to drive cash accumulation and distribution to supplement retirement. Virtus VUL rounds out the mix with a tra-ditional product focused on death benefit and strong long-term accumulation of cash value.

• V-Pro UL Current Assumption Universal Life

• Virtus IUL Indexed Universal Life

• Virtus VUL Variable Universal Life

Riders: Making good products even betterNo single product can meet every client’s needs. That’s why we provide high quality riders to allow you to add additional benefits to base policies.

• Accelerated Benefit Rider (ABR): The ABR provides additional protection to the client if they become chronically or terminally ill. At no additional annual cost, the rider allows the client to accelerate a portion of their future death benefit to help pay for their needs today.

• Additional Paid-Up Insurance Rider (API): The API rider allows your client to fund a whole life policy over and above base policy premium. It can be an excellent way to increase long term return and purchase increased death benefit.

• Overloan Protection Rider: Available on Virtus IUL, this rider allows your client to choose a reduced paid-up option on a heavily loaned policy. This rider is designed to try to prevent the policy from lapsing during the client’s life.

eApp: One app for every product• Full electronic application for any life insurance

product

• Access on your laptop or mobile device’s web browser

• Features electronic signatures

• Automatically provides all forms based upon clients’ answers

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Ohio National term rates are competitive across the board. Our “Plus” products offer guaranteed conversion rights to any permanent policy offered at the time of conversion. Our “Basic” products offer best pricing with more limited conversion options.

FlexTerm SeriesOhio National offers 10-, 15- and 20-year term products with six underwriting classes, including Super Preferred Nonsmoker and Select Smoker.

10-Year Term• 10-year current level premium

and conversion period (to age 70 or the end of the level

term, whichever occurs first).

• “Basic” or “Plus” conversion option.









Recap Term• 10-year current level premium

with cumulative conversion credits available for five years.

• Premiums paid can be used as a conversion credit toward the premium of a new permanent policy.

TERM LIFE INSURANCE

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FlexTerm Plus The Plus series of term puts the choice of product in your clients hands when they choose to convert their term insurance. Why convert?

• Temporary coverage (Term) is not necessarily the best way to protect against a certain loss.

• Permanent life insurance can provide enhanced benefits such as a growing death benefit and cash value that can be used at your clients’ discretion.

• While initial premiums for permanent coverage are higher than for term, the extended cost of coverage to life expectancy is typically much lower with a permanent policy.

10 Year Rates 20 Year Rates

Age 40 Age 55 Age 40 Age 55

Male, Best Class, $1 Million Face Amount

Ohio National Term Basic $315 $1,495 $605 $2,795

Ohio National Term Plus $335 $1,555 $635 $2,825

AIG American General Life Select-A-Term $434 $1,634 $634 $2,754

Banner Life OPTerm $507 $1,550 $680 $2,675

Lincoln National Life LifeElementsm Level Term $460 $1,534 $800 $2,702

MetLife Investors Guaranteed Level Term $319 $1,569 $649 $2,849

Midland National Life Premier CS7 $385 $1,565 $685 $2,825

Pacific Life Pacific PRIME $352 $1,655 $645 $2,729

Protective Life Custom Choice UL $335 $1,507 $604 $2,702

Prudential Term Essential $555 $1,615 $865 $2,995

Transamerica Life Trendsetter $460 $1,770 $800 $3,270

Competitor Average $423 $1,601 $707 $2,833

Source: Term4Sale.com as of 10/17/17

Rate comparisons

Female, Best Class, $1 Million Face Amount

Ohio National Term Basic $295 $1,115 $515 $1,985

Ohio National Term Plus $305 $1,155 $545 $2,025

AIG American General Life Select-A-Term $374 $1,284 $554 $2,034

Banner Life OPTerm $350 $1,159 $540 $1,925

Lincoln National Life LifeElementsm Level Term $400 $1,090 $610 $1,973

MetLife Investors Guaranteed Level Term $289 $1,159 $519 $2,039

Midland National Life Premier CS7 $355 $1,165 $555 $2,025

Pacific Life Pacific PRIME $345 $1,325 $575 $1,952

Protective Life Custom Choice UL $305 $1,105 $510 $1,925

Prudential Term Essential $435 $1,185 $685 $2,185

Transamerica Life Trendsetter $380 $1,380 $760 $2,264

Competitor Average $359 $1,206 $590 $2,036

Source: Term4Sale.com as of 10/17/17

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• Low guaranteed premium

• High guaranteed cash value vs. premium paid

• Strong 10-year net payment

Prestige Value IIIPrestige Value III’s strength lies in its early guaranteed cash value and an early guaranteed “breakeven” point. On a guaranteed basis, cumulative cash value can exceed premiums paid as early as the 11th policy year.

With its focus on guarantees and low premium, Prestige Value III is an ideal product for adding additional premium through the use of our Additional Paid Up Insurance (API) Riders, which purchase paid-up additional insurance that increases dividends, death benefit and guaranteed cash value.

WHOLE LIFE INSURANCE

Ohio National’s competitive, diverse whole life products provide significant amounts of death benefit and cash value at affordable premiums.

Guaranteed Cash Value comparisons

Annual Premium

Guaranteed Cash Value

Year 10

Internal Rate of Return Year 10

Guaranteed Cash Value

Year 20


Female, Age 45, Best Class, $500,000 Face Amount

Ohio National Prestige Value III $6,045 $56,435 -1.25% $140,590 1.42%

Ameritas Keystone WL $6,155 $56,500 -1.56% $141,000 1.28%

Guardian Life Whole Life 121 $6,980 $56,915 -3.75% $141,405 0.12%

Lafayette Life Heritage 15 $6,540 $57,530 -2.35% $143,020 0.84%

OneAmerica (AUL) Legacy 121 $6,810 $56,915 -3.29% $141,405 0.36%

Male, Age 45, Standard Nonsmoker, $500,000 Face Amount

Ohio National Prestige Value III $7,870 $66,905 -2.98% $165,670 0.49%

Ameritas Keystone WL $7,895 $67,000 -3.01% $165,500 0.45%

Guardian Life Whole Life 121 $8,225 $67,505 -3.63% $166,660 0.12%

Lafayette Life Heritage 15 $8,170 $68,330 -3.28% $168,385 0.29%

OneAmerica (AUL) Legacy 121 $7,885 $67,505 -2.85% $166,660 0.52%

Source: Company software believed to be accurate as of 12/6/17

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• Strong long-term cash values

• Excellent death benefit protection

• Strong dividend stream

Prestige 100Prestige 100 is the foundation of Ohio National’s whole life insurance portfolio. The dividend stream builds cash value and death benefit when used to purchase paid-up additional insurance (PUAs). In turn, can gener-ate additional dividends over time that can further enhance a policy’s cash value and death benefit.

Prestige 100 can be designed as a blended policy with our Plus (yearly renewable term) Rider to reduce overall premiums without sacrificing ini-tial death benefit. It may also be used to heavily fund short-pay scenarios.

Annual Premium

Current Cash Value

Year 20


Current Cash Value

Year 40



Ohio National Prestige 100 $8,233 $229,444 3.06% $752,713 3.68%

Guardian Life Whole Life 99 $8,025 $208,209 2.42% $707,060 3.53%

MassMutual Legacy 100 $7,510 $199,139 2.61% $769,925 4.15%

New York Life Whole Life AD117 $9,150 $248,425 2.83% $883,683 3.91%

Northwestern Mutual Adjustable CompLife* $8,605 $214,846 2.07% $689,290 3.13%


Ohio National Prestige 100 $9,828 $252,116 2.31% $799,119 3.19%

Guardian Life Whole Life 99 $10,550 $258,295 1.89% $789,347 2.84%

MassMutual Legacy 100 $10,330 $264,850 2.31% $977,205 3.82%

New York Life Whole Life AD117 $10,685 $274,963 2.34% $944,640 3.54%

Northwestern Mutual Adjustable CompLife* $10,860 $250,885 1.35% $720,806 2.33%


Current Cash Value comparisons

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* Northwestern Adjustable CompLife illustration is 100% base face amount (no term blending)

Prestige 10 PayPrestige 10 Pay is a guaranteed limited payment product that offers very strong guaranteed and current values early in the policy.

The end result is a contract that is projected to generate high rates of return on cash values in the early years of the policy (years 10-15) and maintains a competitive rate of return in the future.

• Guaranteed payment structure

• High value at the end of the payment stream

• An industry leader in internal rate of return after 10 years


Annual Premium

Current Cash Value

Year 10


Current Cash Value

Year 20



Ohio National Prestige 10 Pay $18,065 $202,766 2.09% $323,505 3.79%

Guardian Life Ten Pay WL $17,845 $199,008 1.97% $302,646 3.44%

MassMutual Legacy 10 Pay $21,100 $221,149 0.85% $385,631 3.93%

New York Life Custom WL AD117 $17,095 $183,107 1.25% $325,875 4.20%

Northwestern Mutual 10 Pay Life $19,265 $202,866 0.94% $316,108 3.22%


Ohio National Prestige 10 Pay $20,745 $230,731 1.92% $360,279 3.59%

Guardian Life Ten Pay WL $21,225 $233,171 1.70% $346,508 3.19%

MassMutual Legacy 10 Pay $23,875 $248,402 0.72% $425,749 3.76%

New York Life Custom WL AD117 $19,490 $198,821 0.36% $350,148 3.81%

Northwestern Mutual 10 Pay Life* $22,705 $232,829 0.46% $353,475 2.87%


Current Cash Value comparisons

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* Northwestern 10 Pay Life is a MEC in Year 1

Prestige Max IIPrestige Max II is a true paid-up at age 65 product.1 It maximizes the savings element and provides strategic access to cash through high early dividends and preferred loans.

• Paid-up at age 65

• Dividend stream suited to an executive bonus sale

• Preferred loan feature provides an effective way to create a cash-flow stream. Once the policy is paid up, the policyholder may borrow money at a reduced loan rate.2


Current Cash Value at Age 65

Cash Flow Years 41-60

Current Cash at Age 100

Current Cash at Age 121

Male, Age 25, Best Class, $10,0000 Annual Premium. Maximum Cash Flow, Solve to Endow Cash Value at Age 121

Ohio National Prestige Max II $1,026,662 $71,531 $173,580 $2,572,290

Guardian Life3 Life Paid Up at 65 $955,979 $51,562 $365,068 $910,904

MassMutual Legacy 65 $1,154,519 $77,966 $181,427 $2,499,329

New York Life Custom WL AD117 $1,133,313 $76,014 $172,019 $2,196,361

Northwestern Mutual 65 Life $911,264 $51,200 $84,997 $55,242

Male, Age 40, Best Class, $15,000 Annual Premium Maximum Cash Flow, Solve to Endow Cash Value at Age 121

Ohio National Prestige Max II $592,853 $40,441 $42,744 $544,241

Guardian Life3 Life Paid Up at 65 $577,140 $32,080 $265,661 $686,216

MassMutual Legacy 65 $617,102 $45,064 $75,754 $1,082,627

New York Life Custom WL AD117 $660,452 $49,095 $95,652 $1,417,944

Northwestern Mutual 65 Life $567,420 $34,100 $38,953 $22,111


Current Cash Value and Cash Flow comparisons

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1 Prestige Max II policies issued at age 56 or later are paid-up in 10 years.

2 The preferred loan rate is available on up to 10% of gross loan value each policy year.

3 Guardian Life illustration assumes fixed loan rate.

Virtus IUL is designed for clients who need death benefit protection but would also like to build cash value for future use. This product provides an excellent balance between expenses and peformance, including a guaranteed 30-basis-point bonus for all index accounts in years 11 and later. Virtus IUL combines the flexibility of a UL policy with several prod-uct guarantees to provide a performance-based policy with significant built-in customer protections.

• Four allocation options

• Competitive participation and cap rates

• Flexibile loan options

• Accelerated Benefit Rider

Virtus IULINDEXED UNIVERSAL LIFE INSURANCE

Current Cash flow and Cash Value comparisons

Male, Age 50, Best Class NS, $15,000 Annual Premium to Age 65 - 6.00% Rate w/ Standard Loans (Withdrawal to Basis then Loans)Maximum cash flow years 16-40 [25 Years], Solve for $1 of CSV at age 121, Annual Distributions

Company Product Cap Rate

Maximum Cash FlowTotal Current

Expenses @ Age 65

Current CSV Comparison

Income Solve Rank CSV @ Age 65 CSV @ Age 121

Ohio National Virtus IUL 10.5% 6.00% $22,989 2 $31,795 $321,488 $367

AXA1 BrightLife Grow 11.5% 6.00% $21,808 6 $43,515 $307,761 $182

Minnesota Life Orion IUL 12.5% 6.00% $22,945 3 $39,757 $311,494 $397

National Life FlexLife II 12.5% 6.00% $21,839 5 $42,308 $306,985 $6

Nationwide2 YourLife IUL Accumulator 11.0% 6.00% $22,301 4 $32,191 $298,541 $233

Pacific Life3 Discovery Xelerator IUL 10.25% 6.00% $29,949 1 $105,032 $342,399 $3,829

Transamerica TransNavigator 10.5% 6.00% $20,937 7 $35,602 $307,504 $1,134

Voya IUL-Global Choice 12.5% 6.00% $20,533 8 $39,686 $302,490 $213 1Uses Plus S&P 500 Option2Uses 1-Year S&P 500 Point-to-Point Account3Policy blend is 40% Base and 60% Annual Renewable Term Rider

Current as of 6/28/2017

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Ohio National’s universal life insurance products have a history of competitive performance. With indexed, fixed and variable universal life available, you have options for a variety of client needs.

Our V-Pro UL universal life insurance product provides low premiums and high value in almost any sales situation. It’s especially effective for executive bonus and deferred compensation.

• Competitive low net-payment policy

• Strong long-term values for clients funding at a higher level

• Exceptional value in the planned single-premium marketplace

V-Pro ULUNIVERSAL LIFE INSURANCE

Annual Premium and Cash Surrender Value comparisons

$1,000,000 Level Death Benefit, Full Pay Minimum Premium to Endow at Maturity (Non-Guaranteed, Current Assumptions)

Company Product Annual

Premium CSV

Year 20 CSV IRR Year 20

CSV Year 30

CSV IRR Year 30

Female, Age 45, Best Class Nonsmoker

Ohio National V-Pro UL $7,297 $190,285 2.46% $366,347 3.14%

American General Elite UL $9,051 $192,877 0.60% $335,389 1.33%

Lincoln Life Lincoln LifeCurrent UL1 $10,976 $239,411 0.82% $410,761 1.39%

MetLife Secure Flex UL $7,332 $168,327 1.30% $305,830 2.05%

New York Life2 Universal Life AD111 $8,167 $151,993 -0.69% $280,420 0.86%

Principal UL Provider Edge $6,589 $104,848 -2.23% $144,601 -2.10%

Protective Life ProClassic UL $9,341 $194,130 0.36% $346,375 1.33%

Competitor Average $8,393 $177,410 0.52% $312,818 1.36%

Male, Age 55, Standard Nonsmoker

Ohio National V-Pro UL $15,955 $326,124 0.21% $541,889 0.79%

American General Elite UL $21,605 $356,993 -1.86% $520,198 -1.46%

Lincoln Life Lincoln LifeCurrent UL1 $22,421 $390,992 -1.32% $597,645 -0.77%

MetLife Secure Flex UL $18,108 $378,720 0.42% $602,732 0.66%

New York Life2 Universal Life AD111 $18,412 $311,064 -1.64% $504,199 -0.60%

Principal UL Provider Edge $17,692 $153,409 -8.87% $204,175 -7.18%

Protective Life ProClassic UL $20,676 $314,444 -2.69% $510,309 -1.29%

Competitor Average $19,267 $318,821 -1.84% $497,307 -0.99%1 Endowing at age 100 2 NYL policy includes Lapse Benefit Protection Rider Source: Competitor information obtained from company software believed to be accurate as of 12/30/2015. Premiums, cash values, and cash flows are based on current interest and current mor-tality assumptions.

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VARIABLE UNIVERSAL LIFE INSURANCE

Our VUL product is designed for clients who want both life insurance protection and growth potential. It is best suited for individuals who think long-term, believe in the ability of securities to build wealth over time, and have the appropriate risk tolerance.

Virtus VUL• Strong long-term potential

cash accumulation and enhanced cash flow at higher-funding levels

• Declining asset-based risk charges based on cash accumulation within the policy

• Preferred loan provision with a low, guaranteed loan rate of 3 percent built into the policy

Cash Values and Cash Flow comparisons

Male, Age 40, Best Class NT, $15,000 Annual Premium Years 1-25 with Minimum Non-MEC Death Benefit

Product NameInitial

Death BenefitAge 65

Cash ValueAnnual Cash Flow

Years 26-50Age 100

Cash Value

Ohio National Virtus VUL $428,000 $1,058,444 $96,724 $769,388

AXA Incentive Life Optimizer III $395,257 $1,121,961 $98,733 $2

John Hancock Accumulation VUL ‘14 $379,992 $1,099,438 $96,507 $2,501

Lincoln National AssetEdge VUL (2015) $402,358 $1,125,784 $101,406 $170,048

Minnesota Life Accumulator VUL $382,089 $1,102,660 $94,900 $79,992

New York Life VUL Accumulator Plus AD113 $389,227 $1,051,666 $89,016 $1,160

Penn Mutual Diversified Growth VUL $403,735 $1,058,361 $89,325 $288,616

Prudential Custom Premier II (2015) $389,165 $1,149,219 $102,352 $6,179

Principal VUL Income III $371,489 $1,100,664 $94,022 $117,900

Source: Competitor information obtained from company software believed to be accurate as of 12/30/2015. Premiums, cash values, and cash flows are based on current interest and current mortality assumptions.

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Powerful contracts• Very competitive commission potential

• Liberal vesting

• Persistency and production “bonuses”

• Subsidized medical plan

The Profit Partnership ProgramShare in the company’s mortality profits and potentially build up to $1 million and beyond for retirement. Returns have averaged more than 13 percent over the life of the program – since 1995.5

• Voluntary enrollment based on production requirements

• Tax-deferred account accumulation

• No sacrifice to first year or renewal commission

Powerful contracts and strong supportOhio National’s powerful contracts offer independence and choice.4

Strong support• Orientation Success

Team – targeted training for General Agents during the first six months

• FASTeam – product sales support, new business, contract status and computer support, 877.665.2468 (Option 3)

• STARTeam – supports business needs of registered representatives of ONESCO

• Advanced Planning – attorneys and CPAs offering tax and legal assistance for business and estate planning cases

4 Please note that contract and benefit provisions may vary by distribution channel. Eligible contract types include the following: General Agents, Career Agents (must be highly compensated to defer), Producing General Agents (PGAs), Managing Agents of Corporate Producing General Agents and Licensees of Corporate General Agents with the appropriate Corporate endorsement. Licensees of Corporate General Agents must contribute 100% of their REB to the Program. All participants must have their personal compensation paid directly to them. Registration with ONESCO required for proprietary variable products to be included. See the plan document for a complete description of the program.

5 The program’s stated earnings rate is historical and is not a guarantee of future values or the performance of the Profit Partnership Program.

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The Ohio National Life Insurance Company | Ohio National Life Assurance CorporationOne Financial Way | Cincinnati, Ohio 45242 | 513.794.6100 | ohionational.comPost Office Box 237 | Cincinnati, Ohio 45201-0237

Variable products distributed by Ohio National Equities, Inc. Member FINRA One Financial Way | Cincinnati, Ohio 45242 | 513.794.6100 | ohionational.comPost Office Box 237 | Cincinnati, Ohio 45201-0237

Form 8530 Rev. 1-18 © 2018 Ohio National Financial Services, Inc.

FOR FINANCIAL PROFESSIONAL USE ONLY. NOT FOR USE WITH THE GENERAL PUBLIC.

Insurance products are issued by The Ohio National Life Insurance Company and Ohio National Life Assurance Corporation. Product, product features and rider availability vary by state. Companies are not licensed to do business in New York. Guarantees are based upon the claims-paying ability of the issuer. Guarantees do not apply to the investment performance or account value of the underlying variable portfolios within variable products. Dividends are not guaranteed. Variable products are distributed by Ohio National Equities, Inc. Member FINRA. Variable products sold through banks are not obligations of the bank, are not FDIC insured and are subject to investment risk, including the possible loss of principal. Variable products are sold by pro-spectuses only. All ratings information is according to reports published on: standardandpoors.com, ambest.com/ratings and moodys.com/insurance. Ratings are accurate as of 11/15/17. For the most current ratings, see ohionational.com.

The optional Accelerated Benefit Rider provides for a partial acceleration of the policy death benefit in the event that the base policy insured is certified by a licensed physician as being chronically ill or terminally ill. By taking an accelerated death benefit payment, a lien is created against the policy death benefit. The lien accrues carrying charges at an adjustable rate we declare. The lien, including the lien carrying charges, will be deducted from the total death benefit otherwise payable to the policy beneficiary(ies) and will reduce the cash value available for policy loans, surrenders, or the exercise of any non-forfeiture option. The required premium for the policy must still be paid even if an accelerated death benefit is taken. If an accelerated benefit is taken and the policy lapses or otherwise terminates, a taxable event may occur. Any death benefit provided by an optional Accidental Death Benefit Rider is not available for acceleration under this rider.

Product Portfolio - anthonydestefanis.com Product Portfolio.pdf · WHOLE LIFE INSURANCE The Prestige Series of whole life products offers a variety of base products that can be matched

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