ProCare
Approvals
A special mailing
regarding ProCare Medicare Supplement rate approvals for new
business and renewals has been mailed to General Agents in Vermont.
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.
HDF/RFA Approval
UA’s High
Deductible Plan F and Reserve Fund Annuity are now approved for sale
in Virginia and Alaska. A special mailing has been sent to
Agents working in these states. For additional materials, please
contact Agent Supply.
Interest Rates Set
The Lifestyle
Annuity new money interest rate for the month of June is 3.50
percent. Rates will continue to be reviewed and adjusted
accordingly. The Deposit Fund Rider new business interest
rate for 2005 has been set at 3.00 percent.
Attn: All Agents
In an effort to help you write new business and maintain high
persistency, UA will waive a portion of the $1,730 calendar year
deductible amount required on our High Deductible Plan F Medicare
Supplement policies for the last half of 2005.
For HDF policies with an effective date of
July 1, 2005 and thereafter, UA will waive $500 of the 2005 annual
deductible amount. The first $1,230 must be paid by the policyholder
before policy benefits begin
for 2005.
Attn: First UA Agents
The New York State
Legislature has passed legislation increasing licensing fees for
insurance Agents. Effective immediately, licensing fees
have been increased to $40 per year or $80 for a two-year license. An
application to renew your New York license is located online at www.ins.state.ny.us/faxappi.htm.
All First UA Agents need to send in a copy of their new license
by July 31, 2005. First UA Agents who fail to send in their renewed
license will be terminated.
Important Reminder
For All UA Agents
FLEXguard uses a new
type of application which utilizes Teleform technology. All
Teleforms, including applications, bank draft authorizations, and UA
Partners enrollment forms, may not be photocopied.
Photocopied applications will not scan properly, resulting in delays
in business processing.
Do Not Call Reminder
Please remember that
all referrals and leads are subject to Do Not Call (DNC) legislation
and UA regulation policies. All phone numbers should be sent to the
Home Office to be “scrubbed” against the Federal and Company DNC
registries. Agents are responsible for checking State DNC lists
independently.
Home Office Holiday Schedule
The Home Office in
McKinney will be closed Monday, July 4, in observance of the
Independence Day holiday. We wish you all a safe and spectacular
Fourth! |