Equitable National Life Discontinuing Medicare Supplement Sales

Equitable National Life Discontinuing Medicare Supplement Sales
May 21, 2020

As a reputable insurer, Equitable National Life monitors the insurance landscape to ensure they offer insurance products that meet customer needs and company priorities. As a result of this ongoing process, they have made the decision to discontinue Medicare Supplement sales for Equitable National effective June 30, 2020

Their Medicare Supplement customers and agents are important to them and to their success. As a result and similar to the announcement you may have received in recent weeks from Equitable Life & Casualty, they are also transitioning some of the administrative functions to Actuarial Management Resources (AMR), an independent third party administrator, on August 1, 2020.

It is very important to note that this action affects new sales only; no in-force policies will be cancelled or non-renewed due to the discontinuation of these plans. Current policyowners may keep their policies for as long as they wish by continuing their payment of premiums. 

We will keep you updated over the next few months as Equitable National works through these transitions. In the meantime, please keep these important dates in mind:

  • May 29, 2020 – Last day we will contract and appoint new agents with Equitable National.
  • June 30, 2020 – Last day Medicare Supplement applications can be signed by you and your clients.
  • July 15, 2020 – Last day we will accept Medicare Supplement applications for review and underwriting that were signed on or before June 30, 2020.
  • August 1, 2020 – First day Actuarial Management Resources will begin providing administrative services for the Equitable National Medicare Supplement block.

Please watch for future communication from Equitable National with important updates. 

Equitable National values their partnership with you and are appreciative of the business you have placed with them since 2017. They look forward to continuing to provide the best service possible to you and your clients with Medicare Supplement policies through Equitable National.

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