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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
2001, 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 Branches in
Alabama,
Arizona, Arkansas,
California, Delaware,
Florida, Idaho,
Illinois, Indiana,
Iowa, Louisiana,
Mississippi, Nevada,
North Dakota, Ohio,
Oregon and South
Dakota.
Check your state(s) ProCare rate memo or with your Branch
Manager for complete effective date information and cut-off dates for business written with old rates.
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Interest Rate Set
The Lifestyle Annuity new money interest rate for February is 5.35 percent. Rates will continue to be reviewed and adjusted accordingly.
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Attn: Connecticut Agents
Medicare Supplement print ad, Form AD-145 (MSA -D, F and G) has been withdrawn from
Connecticut effective Jan. 2,
2001. |
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400 Series Update
New rates are in effect for UA’s 400 Series Whole Life Plan in
Delaware. New rates are for the Ordinary Life Level, Increasing Benefit and Graded Benefit Plans. The other pay options will remain the same. This rate change does not apply to existing policyholders. |
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Attn: LTC Agents In South Dakota
Effective immediately, in order to comply with state regulations, the one year benefit period on
Long Term Care policies/riders will no longer be available in
South Dakota. Revised materials are being prepared for approval. You may use current LTC supplies. However, until new ones can be printed, do not sell the one year benefit option. |
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New UA Partners™ Enrollment Form
Due to the expansion of benefits on UA Partners, effective immediately we will discontinue the use of the green tri-fold UA Partners Agent Training brochure (UA F633). If a customer wants to subscribe to UA Partners, you will
now use a separate enrollment form (UA PEF), which is available from the Home Office. Be sure to complete
this enrollment form and attach it to the new business application.
For Agent training purposes you should now be using the new UA Partners brochure (F3262). As these brochures
are not advertising, do not give to customers. They will receive the F3262 brochure when they subscribe to
the program. |
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ATTENTION!
Important Changes For 2001
BANK DRAFT DISCOUNT: Effective with Medicare rate increases implemented in
2001, there is no discount for Bank Draft customers on any mode. Example: If a rate increase is implemented for Plan F effective 2-01-01, the change will be effective for all Medicare plans (A, B, C, D, G or DMSB) available in that state.
PROCARE: The ProCare MA12 application must be used for new Medicare Supplement business in all approved states effective with apps dated
Jan. 1, 2001. The following states have now approved the MA12 app:
Arizona, Illinois,
Kansas, Kentucky,
Maryland, Michigan,
Minnesota, Missouri,
New Hampshire,
New Mexico and
Washington. A state specific notice will be mailed to agents in these states.
PARTNERS: ACF Partners is
$6.95 per month for new business in all states except CT,
KS, MA,
MN and MT where it is not available.
UA Partners is now $5.00 per month for new business in all
states, except KS and MA and includes expanded benefits.
CONVERSIONS: Effective Jan. 31, 2001, conversion procedures have changed. Various states have mandated that insurance companies cannot encourage the replacement of existing business. In order to comply with this requirement and be consistent in every state with company procedures regarding conversions, UA has implemented the following changes:
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UA will no longer pay any type of new business commissions on conversions for existing UA business.
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If a policy is originally written by a UA Branch Office Agent and that Agent is terminated, the converting Agent (whether a General Agent or a Branch Office Agent) will not receive commission on the policy. |
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January
2001
Building Your Market —
And Getting To The Top!