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April 12, 2012, Vol. 21 No. 839 3 Penn Plaza East, Newark, NJ 07105-2200 Applies to: Fully insured, large groups that offered Horizon HMO in 2011 Church Plan Status and Inactive Group Address Attestations
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bb persistency - savoy is a report that tracks the persistency rates for life insurance policies sold by Savoy Insurance Company.
Insurance agents and brokers who sell policies for Savoy Insurance Company are required to file the bb persistency - savoy report.
The bb persistency - savoy report can be filled out online through the Savoy Insurance Company's website or through a designated portal for agents and brokers.
The purpose of bb persistency - savoy is to track the persistency rates of policies sold by Savoy Insurance Company to ensure that policyholders are maintaining their policies and to identify any trends in policy lapses.
The bb persistency - savoy report must include policyholder information, policy details, premium payments, lapses, and reinstatements.
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