Manhattan Life Med Supp Rate Changes

MLIC Has announced rate changes for the following states:

Manhattan Life

The effective date for all in-force policies outside of the 12 month rate guarantee and all new business is February 1, 2015.

Kansas

A rate decrease for Kansas has been approved. There is a 3% decrease for plans A, C, F, and N; no change for plan G.

Signature Date Applicable Rates
Before February 1, 2015 7-8-14 Rates
February 1, 2015 or after 2-1-15 Rates
Re-dated February 1, 2015 or after 2-1-15 Rates

Michigan

A rate increase for Michigan has been approved. There is a 4% increase for plans A, C, F and N; no increase for plan G.

Signature Date Applicable Rates
Before February 1, 2015 6-16-14 Rates
February 1, 2015 or after 2-1-15 Rates
Re-dated February 1, 2015 or after 2-1-15 Rates

Nebraska

A rate increase for Nebraska has been approved. There is a 4% increase for plans A, C, F, and N; no increase for plan G.

Signature Date Applicable Rates
Before February 1, 2015 6-25-14 Rates
February 1, 2015 or after 2-1-15 Rates
Re-dated February 1, 2015 or after 2-1-15 Rates

South Carolina

A rate increase for South Carolina has been approved. There is a 3% increase for all plans.

Signature Date Applicable Rates
Before February 1, 2015 9-5-13 Rates
February 1, 2015 or after 2-1-15 Rates
Re-dated February 1, 2015 or after 2-1-15 Rates

Very Important!

If you are licensed in multiple states, please call 800-321-0102 to confirm current rates for your non-resident states.


comments powered by Disqus