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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 North
Carolina, and Tennessee.
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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Good
Sense Plan Approvals
A special mailing regarding Good Sense Plan (GSP) premium
rate increase approvals effective May 1, 2003 for new
business and renewals has been mailed to General Agents in North
Carolina.
You can order new rate cards by contacting
Agent Supply at 800-285-3676.
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Interest
Rate Set
The Lifestyle Annuity new money interest rate for the month
of March 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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Conversion
Reminder
To clarify our Med-Supp conversion procedures, when we say conversion
it means a replacement of an existing United American policy.
If you are converting (replacing) an existing UA policy with another
UA policy, the agent will not be paid any new business
commission, including advances.
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UA
Partners Reminder
 This is a
reminder that the new UA Partners program is now available
(effective March 1) for new business only. The packets
you received regarding UA Partners contained a new Enrollment
Form (Form 3840). Please use this Enrollment Form for all new
business, even if your current product application/brochure
contains a section for Partners enrollment. The Enrollment Form has
also been placed on App/brochures have been updated to omit this
section. To order updated materials, please contact Agent Supply.
The Enrollment Form is also available online at www.uageneralagency.com/office
for your convenience.
Partners clarification: For Med-Supp
customers, each applicant must enroll individually
in the UA Partners program and use separate ID cards. For all other
new business, only one Partners card per family is necessary.
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Attn:
Life & Health Agents
Multiple Life and Health premium bank drafts now may be combined
into one draft, provided the drafts are due the same day of
the month from the exact same bank account. Even though the
payment may be for multiple policies, insureds will see one draft
amount on their bank statement.
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Attn:
NC Agents
Effective April 1, 2003, North
Carolina has adopted new NAIC model regulations
regarding Life and Annuity replacements. For this reason, a new
Replacement Notice Form (Form REPNOT/00) and a Certification Sheet
(Form CSM 12-02) must be completed and signed by the applicant and
Agent if a replacement occurs. The cut-off date for new business
is May 1, 2003.
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March
2003
The
Right Choice 