Individual annuity temporary extensions for NJ contractholders

Individual annuity temporary extensions for NJ contractholders

In response to the disruption caused by COVID-19, Ohio National is implementing temporary extensions for individual annuity contracts issued in New Jersey to those who are now experiencing financial hardship due to COVID-19.

Any deadlines that give you a right to exercise an option and are set to occur between April 1, 2020 and May 31, 2020, are extended to 90 days. For example, making a renewal or transfer election by a certain date or electing to exercise a benefit under the terms of a rider. 

Please contact Ohio National’s Annuity Product Specialists for confirmation of any extended deadline or if you have additional questions regarding your contract or its provisions.

Annuity Product Specialists
Business hours (8:30 a.m. – 5:00 p.m. ET) 

Due to the temporary nature of these extensions, we are unable to change the programming on any of the automated messages sent by Ohio National concerning the expiration of contractual deadlines. However, our Annuity Product Specialists have been briefed on these temporary changes and are equipped to service New Jersey contracts according to these new standards.