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PA Bulletin, Doc. No. 02-1754

NOTICES

Life Investors Insurance Company of America; Rate Filing

[32 Pa.B. 4925]

   Life Investors Insurance Company is requesting approval to increase the premium 35.0% for the long term care policy forms GCPLUS 1290 (PA), GCPLUS 2 1290 (PA), GCPRO (PA) 193, GCPRO (PA) 995, GCPRO-II (PA) 794, GCPRO-II (PA) 995 and the associated riders. A second increase of 25.0% is requested effective 2 years after the first rate increase. These forms were originally issued by the Bankers United Life Assurance Company. The increases will affect 114 Pennsylvania policyholders.

   The average premium would increase from $1,306 to $1,763 after the initial rate increase and to $2,204 after the subsequent increase for GCPLUS 1290 (PA) and GCPLUS 2 1290 (PA). The average premium will increase from $1,146 to $1,547 after the initial rate increase and to $1,934 after the subsequent increase for GCPRO (PA) 193 and GCPRO (PA) 995. The average premium will increase from $1,167 to $1,575 after the initial rate increase and to $1,969 after the subsequent increase for GCPRO-II (PA) 794 and GCPRO-II (PA) 995.

   Copies of the filing are available for public inspection during normal working hours, by appointment, at the Insurance Department's regional office in Harrisburg, PA.

   Interested parties are invited to submit written comments, suggestions or objections to James Laverty, Actuary, Insurance Department, Accident and Health Bureau, Office of Rate and Policy Regulation, 1311 Strawberry Square, Harrisburg, PA 17120, within 30 days of publication of this notice in the Pennsylvania Bulletin.

M. DIANE KOKEN,   
Insurance Commissioner

[Pa.B. Doc. No. 02-1754. Filed for public inspection October 4, 2002, 9:00 a.m.]


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