January 1999
Long Term Care Insurance: Helping Your Clients Make Informed Decisions Long Term Care Facts Medicare Supplement: The Great Price Debate What Are You Doing With Your Life in 1999?
 

Articles:

Editor's Notes

State of the Senior Insurance Market

Long Term Care Is A Family Affair

Broaden Your Sales Horizons with UA's Comprehensive LTC Package

Published monthly by United American Insurance Company for the dissemination of information to its Agents. Home Office permission must obtained prior to reproduction or other use of this material.

© Copyright 2000, United American Insurance Company,  McKinney, Texas
All rights reserved.

 Editor's Notes:
 
4 ProCare Approvals
A special mailing regarding ProCare Medicare Supplement new business and renewal rate information has been mailed to General Agents in Arizona, Indiana, Iowa, Kansas, Louisiana, Michigan, Nevada, Ohio, Oregon, Tennessee, Utah, Virginia and West Virginia. If you did not receive this notice, please contact the Agent Service Center at 1-800-925-7355.

4 Med-Supp Reminder
On all submitted Medicare Supplement business, please make sure the application is filled out completely and accurately and includes the applicant’s entire Medicare ID number and letter designation. Applications with incomplete numbers will be pended.

4 970 Series Update
United American's Whole Life product replaces the 970 Series. New applications written through January 15, 1999 will be accepted in the Home Office until January 31, 1999. After the 31st, the 970 Series will no longer be accepted.

4 Interest Rate Set
The Lifestyle Annuity new money interest rate for January and February is 4.50%. Rates will continue to be reviewed and adjusted accordingly.

4 Underwriting Guidelines
All applications for United American insurance policies must be negotiated in person by the writing Agent. Under no circumstances should applications be taken through the mail or over the telephone.

4 Update on Bank Draft Reminder
As announced in last month's issue of UA News, Agents who submit special requests for insureds who wish to have bank drafts coincide with their Social Security check, should remember the following points:
  • Special requests will not be accepted for policies with effective dates between the fifth and the 15th of the month.
  • UA will accept a draft date special request if the effective date of the policy is between the 16th and the fourth of the next month.

To make submission of these requests easier, we have created Form BDSR, which you should staple to the application along with the voided check. These forms are available to order from Supply.


4 1999 Agent Supply Information
General Supplies:
Be sure you are using current product app/brochures and rates. In addition, if you are quoting United American’s industry ratings, make sure you are using the most current evaluations. UA’s ratings card and the A.M. Best mini-brochures are available to order from Supply. Call the Agent Service Center or Supply if you have questions about your existing inventory.

Medicare Supplement Business:
Any United American Agent materials showing the 1998 Medicare Part A deductible should be replaced with updated 1999 supplies. This includes the Side-By-Side guides and outlines of coverage. New ProCare rate cards will be printed as 1999 rate increase approvals are received; app/brochures are still current.
 

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