Upcoming rate adjustment for Med Supp Effective October 1, there will be a rate adjustment for our Med Supp policies underwritten by Lumico Life Insurance Company in Arkansas. Applications signed and received on or after 9/1, with a requested effective date on or after 10/1, will be subject to the new rate. Applications signed and received on or before 8/31, with a requested effective date on or after 10/1, will receive the current rate. Applications requesting an effective date prior to 10/1 will also continue to receive the current rate. NOTE: The rate adjustment on 10/1 applies to existing Med
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Coming soon: Lumico Agent Center enhancement Exciting news! Starting August 9, agents who are newly appointed with Lumico will be able choose their own, unique user ID and password to log-in to Lumico Agent Center (LAC). Here’s what you need to know: When logging into LAC for the first time, agents will be prompted to verify their identity, then register by providing a user ID and password. The user ID field must be unique and requires between 4 and 64 alphanumeric characters. (Only “@”, “.” and “_” are allowed for special characters). Passwords must have a minimum of eight characters,
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Upcoming rate adjustment for Med Supp Effective September 1, there will be a rate adjustment for our Med Supp policies in select states. For policies underwritten by Lumico Life Insurance Company: CO, IL, IN, MS and NC.* For policies underwritten by Elips Life Insurance Company: IN, MS, ND, SC and TN. There will be a 30 day cut-off period for applications written in these states, from 8/1 – 8/31/22: Applications signed and received on or after 8/1, with a requested effective date on or after 9/1, will be subject to the new rate. Applications signed and received on or before
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Upcoming rate adjustment for Med Supp Effective August 1, there will be a rate adjustment for our Med Supp policies in select states. For policies underwritten by Lumico Life Insurance Company: AZ, GA, LA, MI, MN, MT, OH, SC and TX.* For policies underwritten by Elips Life Insurance Company: AR, AZ, DE, GA, IA, IL, LA, MI, NC, NE, OH, OK, SD, TX and UT. There will be a 30 day cut-off period for applications written in these states, from 7/1 – 7/31/22: Applications signed and received on or after 7/1, with a requested effective date on or after 8/1,
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Great news: Med Supp plans now available in 5 states for Elips Life! Effective May 2, you can offer your clients Med Supp Plans A, F, G, N and High Deductible Plan G in KY, MD, MO and PA, and Basic Plan and optional Riders in WI, all underwritten by Elips Life Insurance Company. Here’s what you need to know: Effective 5/2, acceptance of new Med Supp apps underwritten by Lumico will be discontinued in these states. A 30-day transition period will be available to complete and submit any pending Lumico Life applications in newly available Elips Life states. Lumico
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Rate adjustment for Lumico Med Supp policies Effective June 1, there will be a rate adjustment for Lumico’s Med Supp Plans A, F, G and N. This will affect existing policyholders in New Jersey. There will be a 30-day cut-off period for applications written in this state, from 5/1 – 5/31: Applications signed and received on or after 5/1, with a requested effective date on or after 6/1, will be subject to the new rate. Applications signed and received on or before 4/30, with a requested effective date on or after 6/1, will receive the current rate. Applications requesting an
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