HomeMy WebLinkAbout2016-2700r]Lincohi
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October 19, 2015
City of Columbia Heights
590 40th Avenue NE
Columbia Heights, MN 55343
1 1)
Lincoln Financial Group is the marketing name for Lincoln National Corporation and its affiliates.
RE: Renewal for Policy Number(s): 01- 0033889
The Lincoln National Life
Insurance Company
8801 Indian Hills Drive
Omaha, NE 68114 -4066
toll free (800) 423 -2765
www.LFG.com
We are proud to provide your company with quality group products and services at a cost that delivers
sound value.
Each renewal period, we analyze current benefit and rate structures to determine the appropriate rates for
continued group insurance protection for your valued employees. This process includes recalculation of the
premium rates to reflect factors like:
• plan features
• demographics
• nature of business
• experience
• any adjustments to our underlying rate structure
Based upon our review, your renewal rates, effective 2/1/2016, are as follows:
Coverage
Rate Basis
Current
Current
Renewal
Renewal
Renewal
mate
Rate
Monthly
Rate
Monthly
Monthly
Guarantee
Premium
Premium
Premium
Until
Change
Long Term Disability
$100 of covered
0.360
$865.57
0.396
$952.13
$86.56
2/1/2017
payroll
Premium
Totals:
1
$952.13
$86.56
The monthly premium shown is based upon current billed lives and volume.
We appreciate your business and look forward to the continued opportunity to meet your group insurance
needs. If you have any questions or if we can be of further assistance, please contact your local group
representative at 1- 800 -447 -3523.
Sincerely,
Briann Arias
Group Underwriting
cc: ASSOCIATED FINANCIAL GRP LLC
12600 WHITEWATER DR STE 100
MINNETONKA, MN 55343 -9610
cc: Lanny Guilday
This letter serves as a policy amendment and should be kept with your policy.
Lincoln Financial Group focuses on making life easier for you by doing business
the way you want to do business - via the Web, telephone, IVR, e -mail and fax.
We are committed to being there when you need us!
Visit us on the web at www.lincoin4benefits.com or contact us at 1 (800) 423 -2765.