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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.
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Editor's Notes:
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ProCare Approvals
A special mailing regarding ProCare Medicare Supplement new business and renewal rate information has been mailed to General Agents in
Alaska, Colorado,
Idaho, Kansas,
Maine, Nebraska,
Nevada and Tennessee.
If you did not receive this notice, please contact the Agent Service Center at (800) 925-7355.
As 2000 ProCare approvals are received, existing Medicare Supplement customers who are currently on the $3 ACF Partners program will be converted to the enhanced ACF Partners for $5 per month. Details regarding this enhanced service are included with your rate increase notice.
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ACF Partners Update
A special mailing has been sent to existing Medicare Supplement policyholders in
Alaska, Florida,
Georgia, Kentucky,
Missouri, North
Carolina, North
Dakota, New
Hampshire, New
Jersey, Nevada,
Pennsylvania, Rhode
Island, South
Carolina, Virginia,
Vermont and Washington regarding the ACF Partners fee.
Effective with their upcoming billing notice, policyholders in these states will now be charged $5 for the enhanced ACF Partners service program.
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Interest Rate Set
The Lifestyle Annuity new money interest rate for September is
6.00 percent. The new rate for
October will be 5.90
percent. Rates will continue to be reviewed and adjusted accordingly.
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LTC Update
California has approved state special LTC Gold and Classic plans.
State special forms and application booklets are required. These items are available by calling Agent Supply.
As state approvals are received, LTC packets will be sent to Agents in that state and will include a contract addendum as well as samples of appropriate sales materials.
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Attn: All Med-Supp Agents
We have been notified by our supply department of an inordinate increase in ACF Partners brochure (F617) orders. While we know this reflects the excitement generated by the current market opportunities, we must remind you that
this is an aftermarket piece, not approved advertising. Each Agent needs only one copy which he or she can display as an example of what
the applicant will receive with their issued policy. These pieces cannot be left with the applicant even if a sale is made.
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Conversion Reminder
A conversion is an internal replacement of a UA policy with another UA policy. A
replacement is an external policy written by another company that is replaced by a UA policy.
Remember, all the same forms used for a replacement must be used for a conversion. Please refer to your state compliance sheet for appropriate replacement forms which must be given to the applicant.
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Attn: Iowa and Louisiana Agents
Effective immediately, Iowa and
Louisiana have adopted the Life Insurance and Annuities Replacement Model Regulation. This means that you will now be using a new Replacement Form (Form
REPNOT/00) when replacing existing Life or Annuity business. A copy of this form must be provided to the insured and the Writing Agent must submit a copy of the signed form with the application.
For Replacement Forms, please call the Supply Department at (800) 285-3676; fax to (405) 752-9341 or e-mail to
uaagentsupply@torchmarkcorp.com.
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Training Slide Show and Manual
The updated Training Slide Show and Manual has been approved in the states shown in the chart
below.
The cost is $10 for both or $3 for the manual only. Order by contacting the Supply Department.
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September
2000
Maximize Your Business 