The Ohio National Life Insurance Company has announced that it plans to pay its policyholders a $ 100 million dividend by 2021. This is almost the same as what they will pay their policyholders by 2020.  In a press release, the President and COO of Ohio National stated that the impact of the current low interest rate on dividends given the adjusted return on investment now available in the wider market.
Ohio National Life Insurance Company is a mutual insurance company headquartered in Cincinnati, Ohio, USA. Ohio National offers life and disability insurance policies designed to help you, your family, and your business achieve your financial goals.
Ohio National New Dividend Interest Rate 2021
4.70% is the Ohio National's 2021 new dividend interest rate for open block for lifetime business while their new dividend rate for the closed block is 4, 00%.
Compared with the dividend rate for 2020, there is a clear decrease of 5.20% for the open block and 4.50% for the closed block.
Ohio National Insurance has continued its legacy of paying dividends for the 97th year in a row.