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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 2003, United
American Insurance Company, McKinney, Texas
All rights reserved.
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ProCare
Rate Approvals
A special mailing regarding ProCare
Medicare Supplement rates for new business and renewals has been
mailed to General Agents in Kentucky,
Maine and New
Hampshire.
Check your state(s) ProCare rate memo
for complete effective date information and cut-off dates for
business written with old rates. If you did not receive this notice,
please contact the Agent Service Center at 800-925-7355.
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California
Med Supp Agents
In California only, new Medicare Supplement policies will have
no
rate increases until the policy has been in force for at least one
year.
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Interest
Rate Set
The Lifestyle Annuity new money interest rate for the month
of February
is 4.00
percent. Rates will continue to be reviewed and adjusted
accordingly.
The Deposit Fund Rider interest rate
for 2003 has been set at 4.00 percent.
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Good
Sense Plan Approvals
A special mailing regarding Good Sense Plan (GSP)
premium rate increase approvals effective April 1, 2003 for
new business and renewals has been mailed to General Agents in Rhode
Island.
You can order new rate cards by contacting
Agent Supply at 800-285-3676.
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Life
Sales Procedures
Effective March 1, 2003, UA will no longer accept monthly direct
bill payments on any life policies because persistency on this
billing is unacceptable. Customers requesting the monthly
payment mode will be required to authorize automatic bank draft.
Applications received in the Home Office dated March 1 or after will
be declined, and the premium will be returned to the applicant with
a letter explaining our new policy.
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Life
Sales MIB Authorization
It is now required that all life insurance applicants complete
the Authorization to Obtain and Disclose Information, or “MIB
Authorization.” Agents must provide a copy of UA’s Notice of
Information Practices to all life insurance applicants. Please
use this new procedure with all life applications you write. You
can order these materials by contacting Agent Supply. Use form
number U-1342-N as a reference when placing your order.
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2003
Agent Supply Information
General Supplies:
Be sure you are using current product app/brochures and rates. In
addition, if you are quoting UA’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 from Agent Supply.
Medicare Supplement Materials:
Any United American Agent materials showing 2002 Medicare Part A/B
deductibles should be replaced with updated 2003 supplies. This
includes the Side-by-Side guide and outlines of coverage. New
ProCare rate cards will be printed as 2003 rate increase approvals
are received. Please be sure to order new supplies by contacting
Agent Supply at 800-285-3676.
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UA
Partners® Reminder
This is reminder that the UA Partners® program has been updated
and improved effective March 1, 2003 for new business only. The
updated program, featuring new pricing, was designed to offer
maximum savings on provider services. It also includes a Provider
Network program offered with our underage policies (GSP, HSXC, MMXC,
SHXC, and the SMXC), and ACF PLUS® with all new Med-Supp policies. Existing
customers will be converted to the new program at a later date.
The packets you received
regarding UA Partners contained the Enrollment Form (Form 3841).
Form 3841 must be used when submitting an application for UA
Partners. If you did not receive this packet contact the
Agent Service Center at 800-925-7355.
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February
2003
To the Future 