Pennsylvania Rate Increase Effective May 1, 2017 the rates in Pennsylvania will increase by 3% for all plans. Existing policies will experience a rate increase effective May 7, 2017. Letters to existing policy holders regarding the rate adjustments have been mailed from our office. You may follow the link below to download the new Outline of Coverage or go to our Producer Portal for all other product forms. Pennsylvania Outline of Coverage Below is a letter explaining the rate adjustment that is available to download or print. Pennsylvania Rate Increase Letter #goldencareagent #sentinel
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Sentinel: New Commission Payout Schedule
Sentinel Security Life is proud to announce that commissions on New Business will be paid daily starting April 3, 2017. This change will ensure that you, our agents, will be paid faster. Policies must be issued with premium received in order to be in the daily payout. Renewal commissions will continue to be paid on a weekly basis. Even though new commissions will occur daily, it still may take 2-3 business days for funds to be deposited into your bank account from the date the policy is issued. If you have any questions, please call Licensing/Commissions at 1-800-247-1423. #goldencareagent
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Sentinel Underwriting Tip
Blood Thinners and Diabetes Diabetes combined with blood thinners can be a significant underwriting concern. Sentinel Security Life declines Medicare Supplement applications for this combination and may rate New Vantage Life applications. Diabetes can damage blood vessels increasing the chance of forming a blood clot. Clots can be dangerous especially if they form in areas where the inner linings of blood vessels have been damaged. Blood clots can lead to heart attack, stroke and other serious issues. Blood thinners can help reduce this risk. However, research has shown that taking a blood thinner in combination with diabetes medications increases the
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Sentinel Underwriting Tip
MIB and Underwriting Tip What is MIB? MIB is a membership organization that provides underwriting information and services to life and health insurers. The health information that MIB provides is a dissemination of information provided from its members to its members. It is a way for companies to communicate industry wide to reduce fraud which contributes to the equitable pricing of insurance products. What MIB is not? MIB is not a clearing house of health data from doctor offices. MIB does not share whether an application was declined. Underwriting with MIB Underwriters use MIB data for informational purposes only. Underwriters
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We Are Listening!
Change is coming! We are revamping our website to better suit the needs of our agents and clients and we want to hear from you! Please click the link below and take a few minutes to answer our eight question survey. Let us know how we can improve our website to exceed your expectations. Sentinel Website Survey #goldencareagent #Sentinel
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Sentinel Foreign Death Questionnaire
Effective January 1, 2017, if an insured dies in a foreign country, a foreign death questionnaire will be requested from the beneficiary. Further investigation may be required based on the place and manner of death. Please direct questions to the Life Claims department. #goldencareagent #Sentinel
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Downloading and Completing Interactive Forms
As you may know, many of our online forms have been set up to be completed electronically in an effort to make them easier to fill out. For the greatest success in electronically completing forms, please follow the steps listed below: Download the forms directly from the Forms Portal. (It is always wise to double check the Forms Portal to ensure you have the most current forms each time you use them.) Save the form to your desktop before completing any of the fields. Re-open the saved form from your desktop and complete the required interactive fields. Save and print
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NEW! Illinois Comparison Checklist for 2017
Please be aware that there is a new Illinois Comparison Checklist for 2017. The Illinois Application Packet has been updated to include the new 2017 Illinois Comparison Checklist. Any application with an effective date of January 1, 2017 or later will need to have the 2017 Illinois Comparison Checklist. The 2016 Illinois Comparison Checklist will end on December 31, 2016. Click on the link below to download a copy of the new Illinois application. Illinois Application Packet #goldencareagent #Sentinel
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Sentinel Holiday Office Hours
It’s that time of year again when snow falls and eggnog becomes the drink of choice! In an effort to serve you best, we would like to announce our holiday office closures for the rest of 2016. Thursday, December 15, 2016 — Our offices will close at noon for our annual holiday party. we will resume normal business hours Friday, December 16, 2016. Commissions will be paid as normal. Monday, December 26, 2016 — Our offices will be closed all day. We will resume normal business hours on Tuesday, December 27, 2016. Commissions will be paid as normal. Monday, January
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Sentinel Plan Health Products
Important AEP New Business Tips ATTENTION AGENTS! With AEP already upon us, below are a couple of commonly missed items that will keep an application from going through underwriting. Effective Date Draft Date Client Phone Number Health Information Card (HIC) Number Additionally, Sentinel will draft upon receiving the application unless you instruct otherwise. A policy cannot be issued until premium is drafted. New Application Packet for Illinois We have revised our Illinois application packet to include specific information regarding the Household Discount (HHD) that is available for Select Plans only. You may click on the link below to
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