FW: increase letter

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Inno Oji

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Oct 2, 2009, 10:04:56 AM10/2/09
to ARO-ATLANTA
Umunnem Ndewo nu,

LETTER OF INCREASE
Below is a letter of increase in our life insurance premium. As worked out, the increment is .94cent.

Note:           BEFORE-------------------------------NOW
 Yearly          102                                                   113.24
        
Monthly          8.50                                                 9.44




NOTE: THE INCREASE IS .94 CENTS


FOR THOSE WHO PAID UP IN OUR LAST MEETING PLEASE DO YOUR CALCULATION AND PAY OFF THE DIFFERENCE.

I AM SORRY FOR ANY INCONVENIENCE THIS MIGHT CAUSE YOU.
IT WAS AN OVER SIGHT



Thanks

Mazi Oji









From: ken...@culturalbenefits.com
To: ojij...@hotmail.com
Subject: FW: increase letter
Date: Fri, 2 Oct 2009 08:25:59 -0500

 
From: Cultural Group Benefits [mailto:b...@culturalbenefits.com]
Sent: Saturday, August 29, 2009 3:47 PM
To: b...@culturalbenefits.com; Kendra Bollom (Cultural Benefits)
Subject:

 

Cultural Group Benefits

 

 

 

 

Administrative Bulletin                         

August 4, 2009

 

 

Please note that a small upward premium adjustment to your group’s insurance policy is being made in order to accurately reflect the underlying costs of providing coverage to your members.  A combination of three factors is looked at each year at the renewal – the mortality rate of all insured members of the entire cultural community insured with the Hartford Life group plan, the current ages of insured members in your group, and the cost of policy administration. 

 

Premium changes will be effective as of the September billing for groups that have chosen monthly or quarterly premium modes.  Semi-annual and annual groups will have the adjustments coincide with their original issue date (also their open enrollment date for new members).  Groups that have been insured for less than one year will not have a premium adjustment.

 

Please note:  There is a specific form for newly insured  members and another form for currently insured members who have never filled out a beneficiary form.

 

Bob
Robert L. Chirpich, CLU
Partner, Cultural Group Benefits Company

 



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Inno Oji

unread,
Oct 4, 2009, 1:12:54 PM10/4/09
to ARO-ATLANTA



From: ojij...@hotmail.com
To: okigbo...@googlegroups.com
Subject: FW: increase letter
Date: Fri, 2 Oct 2009 10:04:56 -0400


Umunnem Ndewo nu,

LETTER OF INCREASE
Below is a letter of increase from Cultural Group Benefits Company regarding
our life insurance premium. As worked out, the increment is .94cent.

Note:           BEFORE-------------------------------NOW
 Yearly          102                                                   113.24
        
Monthly          8.50                                                 9.44




NOTE: THE INCREASE IS .94 CENTS


FOR THOSE WHO PAID UP IN OUR LAST MEETING PLEASE DO YOUR CALCULATION AND PAY OFF THE DIFFERENCE.

I AM SORRY FOR ANY INCONVENIENCE THIS MIGHT CAUSE YOU.



Thanks

Mazi Oji









From: ken...@culturalbenefits.com
To: ojij...@hotmail.com
Subject: FW: increase letter
Date: Fri, 2 Oct 2009 08:25:59 -0500

 
From: Cultural Group Benefits [mailto:b...@culturalbenefits.com]
Sent: Saturday, August 29, 2009 3:47 PM
To: b...@culturalbenefits.com; Kendra Bollom (Cultural Benefits)
Subject:

 

Cultural Group Benefits

 

 

 

 

Administrative Bulletin                         

August 4, 2009

 

 

Please note that a small upward premium adjustment to your group’s insurance policy is being made in order to accurately reflect the underlying costs of providing coverage to your members.  A combination of three factors is looked at each year at the renewal – the mortality rate of all insured members of the entire cultural community insured with the Hartford Life group plan, the current ages of insured members in your group, and the cost of policy administration. 

 

Premium changes will be effective as of the September billing for groups that have chosen monthly or quarterly premium modes.  Semi-annual and annual groups will have the adjustments coincide with their original issue date (also their open enrollment date for new members).  Groups that have been insured for less than one year will not have a premium adjustment.

 

Please note:  There is a specific form for newly insured  members and another form for currently insured members who have never filled out a beneficiary form.

 

Bob
Robert L. Chirpich, CLU
Partner, Cultural Group Benefits Company

 



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