Unum Life Insurance Company of America; Rate Increase Filing for Several Group LTC Forms (UNUM-131887961)
[49 Pa.B. 2074]
[Saturday, April 27, 2019]
Unum Life Insurance Company of America is requesting approval to increase the premium an aggregate 29.1% on 4,499 policyholders with the following group LTC policy form numbers: GLTC04 and RGGLTC04. The increase will average 29.1% but will vary from 0% for certificate holders without inflation protection, to 44% for certificates with 5% uncapped simple, to 89% for those with 5% compound uncapped inflation protection.
Unless formal administrative action is taken prior to July 12, 2019, the subject filing may be deemed approved by operation of law.
A copy of the filing is available on the Insurance Department's (Department) web site at www.insurance. pa.gov (hover the cursor over the ''Consumers'' tab, then select ''Long Term Care Rate Filings'').
Copies of the filing are also available for public inspection, by appointment, during normal working hours at the Department's Harrisburg office.
Interested parties are invited to submit written comments, suggestions or objections to James Laverty, Actuary, Insurance Department, Insurance Product Regulation, Room 1311, Strawberry Square, Harrisburg, PA 17120, firstname.lastname@example.org within 30 days after publication of this notice in the Pennsylvania Bulletin.
JESSICA K. ALTMAN,
[Pa.B. Doc. No. 19-637. Filed for public inspection April 26, 2019, 9:00 a.m.]
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