Get a Quote
Our main focus is on providing Stop Loss coverage for self-funded employer groups, although we also underwrite life, ADD, STD and LTD.
Our insurance carrier, Pan-American Life Insurance Company, uses the following guidelines as minimum requirements for coverage:
| * Subject to minimum state regulations. | ||
| PALIC | ||
|---|---|---|
| Minimum size case (ees) * | 25 | |
| Minimum Specific | $20,000 | |
| Maximum Commission | 15% | |
| States Available | All except AK, ME, NH, NY, ND, RI, SD, VT and WY. | |
| Specific Advance Funding | Yes - no charge | |
| Monthly Aggregate | Yes | |
| Agg. Terminal Liability | Yes | |
| Pareticipation % Minimum | 75% | |
| Life, ADD Available | Yes | |
Get a Quote
If you meet the guidelines above, we would be pleased to provide you with a no-obligation quote on your comprehensive Stop-Loss coverage. Please contact us prepared to provide the following information:
- General Information
- Company Name, Industry Type (SIC Code), Location(s), Number of Employees (S/F), Desired Specific Deductible(s), Contract Basis, Commissions Required, Effective Date, Aggregate Coverage Required and what benefits, and any Miscellaneous request.
- Census
- DOB or Age, Sex, Single/Family Medical Coverage, Zip Codes if more than one location.
- Itemization of Shock Claims
- Individuals with claims in excess of the lowest Specific Deductible over the past three policy periods (minimum two years required).
- The most recent policy period should also include information on individuals with the potential to exceed the lowest Specific Deductible.
- The most recent policy period should include claim details – diagnosis, prognosis, and future treatment.
- The most recent policy period should also include information on individuals with the potential to exceed the lowest Specific Deductible.
- Plan Document or Schedule of Current and Proposed Benefits
- Current / Proposed PPO Information is vital
- Aggregate Quote (if required)
- At least the most recent NINE months of MONTHLY paid claims and corresponding enrollment figures, PLUS
- The PRIOR 12 months of MONTHLY paid claims and corresponding enrollment figures.
- Fully Insured Cases moving to Self-Funded
- ECU also provides quotes on cases that are currently Fully Insured with limited information. Please contact ECU for details.
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Spartanburg SC 29306
Phone: (864) 542-1565