Thursday, March 25, 2010

If Anyone Knows About Details…

It’s our ABA lawyer members. We are constantly amazed at how detail-oriented our members are and in fact, several provided us with some tips from their insurance application experience to help make the underwriting process simpler and quicker:
  1. Carefully read and complete the entire application and then sign it (it sounds simple and the process is simple when you cross every “t” and dot every “i”).
  2. When you answer “yes” to any health question(s), be sure to give full details even if that means attaching a separate sheet of paper (don’t forget to sign that separate sheet as well!).
  3. Provide full contact information for your doctors. You wouldn’t believe how many physicians have the same name and live in the same city.
  4. Do not hesitate to contact your physician to urge them to sign the Attending Physician Statement, if this form is required as part of the underwriting process of your application. Many applications are delayed while waiting for this statement, and many times you can help your physician remember it is on his or her desk!
There you go; suggestions from your ABA lawyer colleagues who have succeeded in the application process!

 

 

 

 

 

 

 

 

 

 

 

Thursday, March 18, 2010

Check Check Checking

A recent national study told of the decline in the use of personal checks, going so far as to predict that paper checks as we know them may disappear completely within the next 10 years. Even with this prediction, we at ABE happily accept checks as a payment option. So when a member called recently to ask why we cannot accept checks for monthly premiums, he was surprised at our answer. One of our goals is for your insurance to stay in force and, if our busy members forget to write that monthly check, their insurance will lapse. If your coverage does lapse, it might be reinstated if you act quickly and your health has not changed, but you take a risk. What if you let coverage lapse and something unexpected happens? Signing up for our Automatic Payment Plan allows your payments to be automatically debited from your checking account each month and is an easy way to save a little bit of time and postage while ensuring there is no lapse in coverage due to non-payment.

Thursday, March 11, 2010

The Best Part of Tax Season

Most people say the best part of tax season is “when it’s over”, but we know one of the best parts is finding ways to reduce your tax liability through charitable giving. Do you wish you had given more and paid less in taxes? Check out the ABE’s Charitable Gift Fund (Donor Advised Fund) at http://www.abendowment.org/charitable/. Also, remember that when you participate in ABE-sponsored insurance programs, donating your annual dividends to ABE makes you eligible for a charitable contribution deduction on your income tax return. (Dividends are not guaranteed.)

The Best Part of Tax Season

Most people say the best part of tax season is “when it’s over”, but we know one of the best parts is finding ways to reduce your tax liability through charitable giving. Do you wish you had given more and paid less in taxes? Check out the ABE’s Charitable Gift Fund (Donor Advised Fund) at http://www.abendowment.org/charitable/. Also, remember that when you participate in ABE-sponsored insurance programs, donating your annual dividends to ABE makes you eligible for a charitable contribution deduction on your income tax return. (Dividends are not guaranteed.)

Thursday, March 4, 2010

Giving Back is the Hallmark of ABA Members

As we tabulate ABE insured contributions for 2009, once again we find that approximately 85% of you are donating your annual dividends to fund the good works of the legal profession. Kudos to you! You are one of the reasons more than 200 legal public service, educational and research programs exist. Thank you for contributing! To find out more about dividend donation, visit www.abendowment.org/.