March 2005
I Wouldn't Read This If I Were You...  UA's 2004 Service Performance Record  HDF Lead Box Is Now Available  Welcome Back to UA!  What's the Best Approach to Selling HDF?  Introducing FLEXcare...sensible underage health protection for today's lifestyles  FLEXcare Print Ads Get You Off to a Fast Start!  Reserve Fund Annuity FAQs  HDF Update  HDF Print Ads Now Available!  Top Producers 

 Articles:

March 2005 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 2004, United American Insurance Company,  McKinney, Texas
All rights reserved.

 

 
Editor's Notes
ProCare Approvals
A special mailing regarding ProCare Medicare Supplement rate approvals for new business and renewals has been mailed to General Agents in Kansas 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.

Interest Rates Set
The Lifestyle Annuity new money interest rate for the month of March is 3.25 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
The Sole Proprietor form (SP9-01) is required with all business checks, even in those instances when the business owner’s name appears on the check. The Sole Proprietor form may be downloaded from www.uageneralagency.com/office. Applications that do not comply with the rules regarding business checks will be declined.

Please keep in mind that UA only allows a sole proprietor to pay premiums on themselves and their immediate family members.

Attn: Life Agents
Effective immediately, new life business will not be approved in the following circumstances: 1.) The oldest insured is age 45 or younger and total household monthly premiums exceed $50; 2.) The oldest insured is age 46 or older and total household monthly premiums exceed $100.

UA Partners Update
You may look up pricing for your customers’ mail order prescriptions by following these instructions.

1. Go to www.advancerx.com
2. Log in using the e-mail address ddswebtest@test.com
3. Type in the password as password1
4. Press Go

It is vital when using this site that you do not attempt to change or alter the profile information.

LTC Correction
Effective immediately, sale of Long Term Care products will be limited to LTC Gold Plus (not LTC Gold as indicated in February UA News) and LTC Gold Max policies that include the Home Health Care Rider and the Home Health and Community Care Riders. LTC Classic and LTC Gold policies are temporarily withdrawn.

Attn: All Agents
The Home Office will now accept payment for initial premiums on annual policies in the form of cashier’s checks, money orders, and personal checks. We will not accept cash in any case.

High Deductible Approval Update


4Advertising Reminders
Any type of sales or advertising materials, including print ads, TV or radio scripts, flyers, or direct mail pieces must be submitted to the Home Office for written approval prior to publication or use. Please allow two to three weeks for the review and evaluation of your piece. If state approval is required, expect additional delays. Some tips for getting your piece approved:
1. Clearly identify the full name of the Company, United American Insurance Company, at least once in the body of the advertisement, preferably near the top.
2. If the advertisement is for a Medicare Supplement policy, you must also include
the Medicare disclaimer at the end of the piece in no smaller than 10-point type. The disclaimer should read: United American Insurance Company is not associated with Medicare, Social Security, or any other government agency.
3. Clearly identify the products and services mentioned in the sales piece.
4. Use words and concepts that your intended audience can clearly understand. Avoid "industry" terms that the average person would not know. Also, avoid using ambiguous terms such as "comprehensive," "the best," or "the only."
5. Use only the most recent facts and figures available when citing general financial information or statistics about the Company, its products, or its ratings. Always provide the source and date for any statistic, and source dates should not be more than two years old.

   
 

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