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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 2002, United
American Insurance Company, McKinney, Texas
All rights reserved.
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Editor's Notes:
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Interest Rate Set
The Lifestyle Annuity new money interest rate for September
is
4.00 percent. Rates will continue to be reviewed and adjusted accordingly.
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Attn:
All Agents
Health Replacements
Effective Nov. 1, 2002, the U1318 Health
Replacement Form is now required regarding Accident and Sickness
insurance in Delaware,
Hawaii, Indiana,
Kansas and Massachusetts.
The U1318 Replacement Form must be completed by the applicant and
Agent if a replacement occurs.
Life Replacements
Effective immediately, Arkansas,
Maryland, Montana,
New Mexico and Vermont
have adopted new NAIC model regulations regarding Life and
Annuity replacements. For this reason, a new Replacement Notice
Form REPNOT/00 and Certification Sheet CSM 06-01 must be completed
and signed by the applicant and Agent if a replacement occurs. We
have previously announced these new regulations regarding Life and
Annuity replacements for the following states: Colorado,
Hawaii, Iowa,
Louisiana, Mississippi,
New Hampshire and Oregon.
You can order these replacement
forms by contacting Agent Supply at (800) 285-3676.
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Attn:
Health Agents
Our underage hospital plans were developed some years ago, and the
average hospital daily room rates have risen. As a result, in the
states listed below Agents will be allowed to add an indemnity
plan — Plan HMXC up to $100/day to either the GSP or the HSXC.
The states are: Arizona,
California, Colorado,
Florida, Illinois,
Maryland, Michigan,
Missouri, North
Carolina, Ohio,
Oregon, Pennsylvania,
South Carolina, Texas
and Utah. This
addition will help compensate for the lower room rates provided for
in the base policy.
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Attn: Virginia Agents
At the request of the Commonwealth of Virginia State Corporation,
Commission Bureau of Insurance, all Agents licensed to sell
insurance in Virginia are required to review the following:
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Commission’s Administrative Letter
2002-9, dated July 26,
2002. This letter references insurance activities requiring persons
to be licensed. |
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Commission’s Administrative Letter
2002-8, dated July 26,
2002. This letter references changes in laws governing licensing of
various types of insurance Agents and procedures. |
For access to this information log onto:
www.state.va.us/scc/division/boi/webpages/administrativeltrsselection.htm.
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Have
a question? Log on.
Visit our Web site at www.uageneralagency.com/office.
This site provides you with a link titled “Got a question? E-mail
us!” The Agent Service Center will respond within 24 hours. This
site also provides you with forms, information and guides to help
keep you up-to-date. Check it out! It is all just a click away!
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As
America Remembers, United American Remembers
On Sept. 11, 2001, our country changed, our world changed and our
lives changed. Now, a year later, we are looking back and
remembering.
As I look back on that sunny day last
September, I am filled with hope. I hope we as nation can move
forward, and I hope we as citizens of the world can learn to focus
not on our differences, but on our similarities. It is my hope that
by focusing on what makes us the same, we may come to appreciate
what makes us unique. I also hope no one else has to experience what
we as Americans experienced Sept. 11.
Let us move forward, but let us not
forget!
Brenda Frizzell, Editor
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