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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 2004, United
American Insurance Company, McKinney, Texas
All rights reserved.
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GSP
Approvals
A special mailing regarding Good Sense Plan rate approvals
for new business and renewals has been mailed to General Agents in Colorado.
New rates in these states are effective June 1, 2004.
For additional materials, please contact Agent Supply.
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HealthGuard
Approval
Effective immediately, UA’s Critical Illness plan,
HealthGuard, is approved for sale in Washington.
A mailing including state special materials has been sent to Agents
working in this state. For additional materials, please contact
Agent Supply. |
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Interest Rates Set
The Lifestyle Annuity new money interest rate for the month
of May is 3.25
percent. Rates will continue to be reviewed and adjusted
accordingly.
The Deposit Fund Rider new business
interest rate for 2004 has been set at 3.00
percent. |
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Attn:
AL, MS, & SC Agents
The UA Home Office will continue application verification or Rapid
Inspection Procedure (RIP) calls on Health and Life apps
in the above states. RIP calls are for quality-control purposes, and
the calls are placed post-issue to confirm answers to the health
questions.
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Cash
Cancer Approvals
UA’s Cash Cancer plan, CANB, has received new rate approvals for
new business and renewals in Colorado and
Virginia. A mailing including state special materials has
been sent to General Agents working in these states. |
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Conversion/Replacement
Reminder
A conversion means replacing an existing UA policy with another UA
policy. When a conversion takes place, the Agent will not be paid
any new business commission.
However, new business commissions are paid on
replacement business from other companies. When replacing policies,
Agents must submit a correctly completed Replacement Form
(REPNOT-00) with each application. Check your state’s compliance
sheet for specific required forms. |
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Catch
the Technology Wave!
United American encourages all Agents to use laptops in the field.
Several exciting new projects are in development which will
streamline the application process and cut down on errors which
might cause an app to pend. Get your laptop today and be ready
for tomorrow! |
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May
2004
Customer Service: Who Really Cares? WE DO! 