Ohio National Life Insurance Company Variable Annuity

Hello sir would you please tell me what is the Variable Annuity? And also tell me what is the role in Ohio National Life Insurance Company?

[Kiran Chandar]

Variable annuity is the product of Ohio National Life Insurance Company for customer to take control of their retirement planning or start their retirement living.

Variable annuity is a tax-deferred investment product that allows customer to maintain control of their money while staying invested in the market.

With a variable annuity, Customer can either start putting a little away at a time for a long-term goal, such as retirement, or invest with one purchase payment.

Benefits of purchasing a variable annuity:
Lifetime income
Tax-deferred growth
Tax-free transfers among portfolio options
Protection for customer beneficiaries
Optional riders

There are two phases to a variable annuity: accumulation (pay in) and annuitization (pay out).

Ohio National Life Insurance Company Variable Annuity details




Address;
Ohio National Life Insurance Company
1 Financial Way #100
Cincinnati, OH 45242
United States

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