Ohio National Life Insurance Company

From WikiMD's Wellness Encyclopedia

Ohio National Life Insurance Company is a mutual insurance company based in Cincinnati, Ohio, United States. It is one of the oldest and most respected insurance companies in the country, with a history dating back to 1909. The company offers a wide range of insurance products and services, including life insurance, disability income insurance, annuities, and retirement plans.

History[edit | edit source]

The Ohio National Life Insurance Company was founded in 1909 in Cincinnati, Ohio. The company was established with the goal of providing affordable and reliable life insurance coverage to individuals and families in the Ohio region. Over the years, the company has grown and expanded its operations, offering a wide range of insurance products and services to customers across the United States.

Products and Services[edit | edit source]

Ohio National Life Insurance Company offers a variety of insurance products and services. These include:

  • Disability Income Insurance: This type of insurance provides a source of income for individuals who are unable to work due to a disability.
  • Annuities: Ohio National offers a variety of annuity products, which are financial products that provide a steady income stream during retirement.
  • Retirement Plans: The company offers a variety of retirement planning services, including 401(k) plans, IRAs, and other retirement savings options.

Financial Strength[edit | edit source]

Ohio National Life Insurance Company is known for its strong financial stability. The company has received high ratings from major insurance rating agencies, including A.M. Best, Standard & Poor's, and Moody's. These ratings reflect the company's strong financial position, its ability to meet its ongoing insurance obligations, and its overall operational performance.

Community Involvement[edit | edit source]

Ohio National Life Insurance Company is deeply committed to giving back to the communities in which it operates. The company supports a variety of charitable organizations and initiatives, focusing on areas such as education, health and wellness, and community development.

Contributors: Prab R. Tumpati, MD