Answer posted in Teams: To initiate a BoR transfer for ancillary benefits like short-term disability (STD) and voluntary life insurance, a transfer letter signed by the group is required, which should specify the new broker, the preferred effective date, policy numbers, and the carrier’s name. Answer from ChatGPT: While the…
BORs
UHC AOR Template
Sample Agent of Record Change Letter- UnitedHealthcare will accept customer requests to change the Writing Agent and the Agent of Record on a case provided that the request: Is made in writing by an authorized representative of the customer on the customer’s letterhead; Is directed to UnitedHealthcare (not the new…
Can Broker of Record (BoR) transfers be done for ancillary benefits like dental and vision?
Yes, Broker of Record (BoR) transfers can be done for ancillary benefits like dental and vision insurance, in addition to more traditional health insurance policies. The process of changing the designated agent or broker for these types of policies typically follows the same general procedure as it does for health insurance.
What steps are involved in a Broker of Record (BoR) transfer?
A Broker of Record (BoR) transfer is a process used in the insurance industry to change the designated agent or broker on an insurance policy. This process typically involves the following steps: Decision to Change Brokers: The policyholder decides to change their broker. This decision could be due to various…