Boston Mutual Exits the Small Group Market
Notices have been mailed to all agents and their clients notifying them that their
group insurance coverage will be cancelled on ]uly 31, 1999. At this time, HealthPlan
Services has not been able to secure another carrier that will take this business on a
rollover basis.
We can quote the Seaboard Life Access plans and should have the census
data on existing groups downloaded by 2/14/99. Please call us for Seaboard quotes or
alternate carrier options.
Lafayette Life offers Rollover Option for existinq Mutual Group "Life Only"
Cases with 10+ Lives
Lafayette Life will:
Assume all cases, either basic or voluntary, at the inforce rates and
schedules Match current agent compensation up to 20%
Offer a I year rate guarantee
Please call us for details of the Submission Requirements. This offer will apply for
effective dates up to and including 6/1/99.
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