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Serving Credit Union Members Nationwide

Serving Credit Union Members Nationwide. Chartered in 1924 International Company - Licensed in the U.S., Canada, New Zealand, Puerto Rico and the Virgin Islands Over $1.1 Billion in assets. Over $25.8 Billion of supplemental life insurance in force!

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Serving Credit Union Members Nationwide

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  1. Serving Credit Union Members Nationwide

  2. Chartered in 1924 • International Company - Licensed in the U.S., Canada, New Zealand, Puerto Rico and the Virgin Islands • Over $1.1 Billion in assets

  3. Over $25.8 Billion of supplemental life insurance in force! • AIL is one of the world’s largest providers of supplemental insurance.

  4. A.M. Best A+ SuperiorRating

  5. 3,000,000 Members Credit Unions, Unions and Associations

  6. Credit Union Lines • AIL Publishes nationally the Credit Union Lines each month at no cost to the Credit Union • Provides general information of current Credit Union topics

  7. Blue Paper of the Month MONTHLY TOPICS • PAST TOPICS INCLUDE • “10 Realities about New Bankruptcy Law” • “Privacy Act” • “Executive Compensation”

  8. CREDIT UNION SERVICES • Surveys • Increase Loan applications • Credit Union Product and Service Cross Selling • Value Added Benefits • Membership Education

  9. Value Added Benefits

  10. ACCIDENTAL DEATH & DISMEMBERMENT POLICY $2,500 Accidental Death & Dismemberment Benefit at NO COST. 2006 Highlights * $2.2 Million paid to Union Families

  11. Health Services Discount Plan Vision / Eye Care Hearing Prescription Drugs Chiropractic 2006 Highlights * Approx $1.5 Million saved on Prescription Medications

  12. Child Safe Kit Endorsed by the International Union of Police Associations and the AFL-CIO Helping working families protect what they value most, their children!

  13. How We Implementthe Value Added Benefits…

  14. We send a letter on your letterhead to each member, informing them of their new benefits • The letter lets them know the benefits are coming in cooperation with AIL and their local Credit Union

  15. Postage Paid Response Card is enclosed with each Letter including an Internet address option to complete the card online • All Members arecovered by the AD&D Master Policy which the Credit Union holds • Members who return their Response Card will be contacted by our Representatives

  16. When a Mailing is done through your Credit Union… • The Program is at NO COST to the Credit Union or the Member • AIL respects the Confidentiality of Membership mailing lists and does not require a copy of them • Typically, 20 – 35% of your Members will return the Enrollment card and one out of three will purchase additional benefits

  17. When one of our Representatives contacts a Credit Union Member…

  18. Deliver their Individual Certificate of Coverage and have them designate their Beneficiary • Present the Health Services Discount Plan * Clearly explain the affordable supplemental programs and answer all questions

  19. Supplemental Benefits • Pay Cheque Protector, which acts as a readjustment benefit • Final Expense Plan • AD&D and Emergency Hospital Intensive Care Program • Cancer Benefit • All Supplemental Benefits are 100% Union 2006 Highlights * $70 Million of claims paid to Working Families through their benefits with AIL & NILICO

  20. TERMINAL ILLNESS LIVING BENEFIT PROVIDES 50% OF THE POLICY COVERAGE AMOUNT UPON DIAGNOSIS OF A TERMINAL ILLNESS. (Life Expectancy less than 12 months) AVAILABLE AT NO COST FOR POLICY HOLDERS.

  21. Representative Report Form

  22. FAMILY INFORMATION GUIDE • Eliminates Confusion over: • Funeral Arrangements • Insurance Papers • Estate Information • Taxes

  23. FOOD BANK How Do We Do It? One Can Of Food at a Time!

  24. The Next Step…

  25. Complete the Group Coverage Form(provides immediate 24 hour coverage) • Provide copies of your Letterhead • Process the mailing • Stay in contact with your AIL Representative • Reports back to you on Claims History, Membership participation and Officer Report forms.

  26. Electronic Option • Send the information electronically via email to your membership distribution list

  27. Helping Securethe Future of Working Families • With… • Affordable • Permanent • Portable • Supplemental Benefits

  28. Credit Union Protocol • All Credit Unions to have a Manager of Record. (Managers to determine whom the manager of record will be). • All Credit Unions will have an Agent(s) of record ( PR/Manager will Determine who). • All Credit Unions must have an introduction by the Manager/Agent(s) of Record before the Leads are worked. • PR is responsible to send Notification Letters to the Credit Union with introductions and changes. • PR must put the Credit Union on Reserve with the Redmond Lead Dept when the group is set up at home office. • PR Will provide personalized Credit Union training for each Credit Union / Agent training. • Credit Union Report forms (Blue) will be used for each Credit Union. • Once a month the Agent or Manager of Record will drop off the Credit Union Report forms to the Credit Union.

  29. Servicing the Credit Union… • Report Forms • Surveys • Drop bys • Email • Phone • Reports • Death Claims • Chocolate

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