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HomeMy WebLinkAboutCompanion Life Insurance Co.November11,2002 City of Jeffersonville Attn: Jerralyn Ells 501 E. Court Ave. City-County Bldg Jeffersonville, IN 47130 Re: Account No.: 903-14-76537 Dear Group Administrator: We have completed the annual review of your group program with Companion Life Insurance Company. We are pleased to inform you that no rate increase is needed at this time. Your current rates, which have been renewed for the upcoming policy year, are as follows: Current Rates Life $.30 Per $1,000 AD&D $.05 Per $1,000 Dental Single $6.00 Employee + 1 $6.00 Family $6.00 These rates will be reflected on your February 2003 Group Billing Notice. Your agent has been notified and will be happy to answer any questions you may have. Some items to keep in mind: in order to be insured under the group insurance policy your eligible employees must be actively at work full-time. This means that they must be working at least 30 hours per week or the number of hours defined in your contract that a full time employee must work. Should an employee's employment terminate or should an employee's work hours be reduced below this minimum the employee's coverage must terminate. Please refer to your group insurance policy. We appreciate your business and look forward to serving you this coming year. Sincerely, Calisteen Faust Underwriting & Risk Management Companion Life Insurance Company PO Box 100102 - Columbia, SC 29202-3102 · 800-753-0404