Time Insurance Company - Rate Filing
Assurant Health is comprised of Time Insurance Company and John Alden Life Insurance Company. We are submitting identical forms for each company. The only differences are to the form numbers and company names.
December 19, 2011
Revision to rate filing for Major Medical policies TIM.POL.DC
Time Insurance Company
NAIC Co. No. 0069477
Revision to rate filing for Major Medical policies
John Alden Life Insurance Company
NAIC Co. No. 0065080
We are revising our New Business rates for policies TIM.POL.DC and JIM.POL.DC in the District of Columbia. A comprehensive actuarial memorandum describing the assumptions underlying this rate filing has been included, as well as experience exhibits and rates.
This filing applies to non-grandfathered policies. Non-grandfathered plans are defined as plans effective after March 23, 2010.
The revised new business rates will be effective on or after July 1, 2012, upon your approval.
As of October 31, 2011, there were 375 policies in force with $1,538,147 in annualized premium in the state, under the forms included within this filing.
The forms represented in this filing are an open block of business in DC.