What is a Step Rate Credit? Many attorneys have questions about what the Step Rate Credit is and how it works.
Simply put, this is a credit issued to you throughout your first five years on a declining scale.
Due to this you will see your
The Missouri Bar Group Term Life Insurance Program is now offering coverage with no medical exam for a limited time!
ReliaStar Life Insurance Company, a member of the Voya® family of companies and the endorsed life insurance carrier of The Missouri Bar, is offering group term life insurance through a Simplified Issue offer. To qualify, you must be:
Applications must be completed and returned to The Bar Plan Insurance Agency by November 15, 2017.
To apply, download & complete the appropriate form below.
The rates provided in the brochure are on a semi-annual basis. So, for example, if you are a 43 year old, non-tobacco user applying for $50,000 of life insurance, your rate would be $11.62 per $10,000 of coverage which would be a semi-annual premium of $58.10.
Since this is “group” term insurance, once you are approved for coverage and pay your premium, you cannot be terminated for ill health. When coverage is in force, there will be no medical underwriting required for the term of the coverage unless of course you wish to increase your coverage amount.
Coverage amounts up to $1,000,000 are available. To apply for a higher amount of coverage on a fully underwritten basis, please contact the Plan Administrator.
Life insurance coverage is provided under the terms of a group life insurance policy, Group Policy #31281-9, issued and delivered in the state of Missouri to The Missouri Bar as the policyholder. The group life insurance policy is issued by ReliaStar Life Insurance Company, Minneapolis, Minnesota. The policy is administered on behalf of ReliaStar Life Insurance Company by The Bar Plan Insurance Agency, an insurance administrator licensed in the state of Missouri. Policy form LP08GPMO.
If you have any questions, contact Annette Hilyard for more information at 1-800-843-2277 x126.
Proposed Amendment Aims to change the way law firms and entities do business
By: Charles S. Coffey, Senior Claims Counsel
This article first appeared in the ABA Young Lawyers Division, Ethics & Professionalism Committee Newsletter Reposted with permission.
ABA Model Rule of Professional Conduct 5.6(b) prohibits “…an agreement in which