October 2003
Build Your Future with Med-Supp Sales!  Yours For The Ask  Tips from the Top  Pitching ProCare: Secrets of the Senior Sale  Surfing the Web Just Got Better 

 Articles:

Oct 2003 Issue

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.

 

 
Editor's Notes:
4 ProCare Rate Approvals
Effective immediately, Agents in Kentucky, North Carolina and North Dakota will be selling Attained Age rates on ProCare Plans B, C, and D. Plans A, F, and G will remain issue age rates in these states. United American offers choices of premium structures on selected Medicare Supplement plans in order to give Agents more flexibility and clients more choices. Updated supplies have been sent. For additional materials, please contact Agent Supply.

4 Deposit Fund Rider Approvals
Effective immediately, the Deposit Fund Rider is now approved for sale in Connecticut, Illinois, Kansas and Wisconsin. A special mailing has been sent. Additional supplies may be ordered by contacting Agent Supply.

4 Attn: Ohio Agents
UA has obtained approval to resume sales of Attained Age rates for ProCare plans B, C, & D. A mailing with new supplies will be sent.

4 Attn: HealthGuard Agents
United American’s Critical Illness product is now available to Agents working in Florida. Supplies have been sent.

4 Interest Rate Set
Lifestyle Annuity: 3.00% Minimum
As announced in the August edition of UA News, the guaranteed minimum interest rate has been lowered to 3% where state approved. The new money interest rate for the month of October is 3.25 percent for these states. Rates will continue to be reviewed and adjusted accordingly.

Lifestyle Annuity: 4.00% Minimum
Alabama, Georgia, Kansas, Massachusetts, Montana and New Jersey will retain a 4% minimum guarantee rate until the 3% rate is approved. The new money interest rate for the month of October is 4.00 percent for these states. Rates will continue to be reviewed and adjusted accordingly.

The Deposit Fund Rider interest rate for 2003 has been set at 4.00 percent.

   
 

Current Issue  |  Archive  |  Contact Us