Cincinnati, OH. – April 15, 2019 – Unity Financial Life Insurance Company (UFL), Cincinnati, OH, reported after tax earnings that beat 2017, record results for asset growth, and record Capital & Surplus in their year-end 2018 financial statements.
Jay Hardy, President of UFL, said “2018 was a solid year for Unity Financial. The company introduced a new Single Premium Immediate Annuity, expanded our relationships with Medicaid planning industry, paid bonuses to all of our employees, and earned more than we did in 2017.”
All investments continue to be investment grade, fixed income securities. For eighteen years, no investment purchased and owned by Unity Financial has defaulted or been downgraded to below investment grade. Although interest rates are still near historic lows, the increase in assets allowed Unity Financial to report record investment income in 2018.
Unity Financial added several new sources of distribution during 2018 and did not lose any major producers. The Home Office employees and the agency field force are both stronger and more experienced now than at any time in the company’s history.
Unity Financial is a leading provider of funeral preneed and Medicaid compliant insurance products. The company is licensed to do business in all states except Alaska, Michigan and New York. The company can be reached on their website Contact Us Page at www.uflife.com or by calling (877) 523-3231.