Unity Financial Increases Preneed Growth Rates
Cincinnati, OH. – February 28, 2023 – Unity Financial Life Insurance Company (“UFL”), a leading provider of Medicaid-compliant annuities and insurance products, announced an increase in growth rates on their pre-need product offerings. These growth rate changes will take effect on April 1, 2023, for any newly issued pre-need policies.
“For years, the funeral profession has dealt with declining interest rates, so to see a positive shift in the market finally is a relief and an opportunity for us to continue to show our devotion to our funeral homes, managing general agents, agents, and policyholders by responding to those market changes and increase growth rates,” said Ryan Walsman, Vice President of Marketing at Unity Financial Life.
Jay Hardy, President, and CEO, “UFL was built on providing superior funeral funding products. This increase in growth rates demonstrates our allegiance to uphold that commitment and to the long-term security of our funeral home partners.”
Unity Financial Life Insurance Company is the national leader in Medicaid-compliant financial products. The company offers a full suite of financial products considered exempt assets in the Medicaid application process. Medicaid-compliant annuities (Single Premium Immediate Annuities) and whole life products designed to fund funerals assigned to either funeral homes or the Unity Financial Irrevocable Funeral Trust help Medicaid applicants capture their maximum legal benefit when joining Medicaid. UFL is domiciled in Ohio and is licensed to do business in 48 states plus the District of Columbia. The company can be reached at www.uflife.com or by calling (877) 523.3231.
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