FMOadvisor
New Member
- 17
It looks like UHC will be changing their release rules sometime next week. Here are the highlights as I understand them, Has anyone else heard anything?:
1. Agents can request a release and if their upline refuses to release them the release will still be effective 6 months later. The agent can continue to write business during this time. This is very similar to Humana and many other companies.
2. GA's, MGA's and SGA's can request a release for themselves and every agent in their entire downline.
3. All agents that want to transfer have to submit a new contract within 30 days after the 6 month waiting period is over.
4. There will be a new "blackout" period where no agent can move from September 1st to December 31st even if their upline agrees to an immediate release.
I know many successful agents who will be very happy about this rule change. I think it may be difficult to implement for agents with large downlines since every agent will have to sign a new contract within a 30 day window. Please let me know if anyone else has any information!
1. Agents can request a release and if their upline refuses to release them the release will still be effective 6 months later. The agent can continue to write business during this time. This is very similar to Humana and many other companies.
2. GA's, MGA's and SGA's can request a release for themselves and every agent in their entire downline.
3. All agents that want to transfer have to submit a new contract within 30 days after the 6 month waiting period is over.
4. There will be a new "blackout" period where no agent can move from September 1st to December 31st even if their upline agrees to an immediate release.
I know many successful agents who will be very happy about this rule change. I think it may be difficult to implement for agents with large downlines since every agent will have to sign a new contract within a 30 day window. Please let me know if anyone else has any information!