Medico Insurance Corporation and SuranceBay, worked together to make submitting contracting paperwork even easier. Effective January 23rd, 2017, all Contract & Transfer request types will be submitted directly to Medico after processing the request in SureLC™.
Now, when you process either Contracts or Transfer requests through SureLC, you'll receive the merged.pdf form in your inbox as you normally do. However, there will now be a watermark on the PDF forms that indicate the forms have been electronically submitted to the carrier.
Contracting paperwork is submitted electronically every business hour directly to Medico. So, upon follow-up with Medico, they should have everything to process the request within the hour that you've submitted it.
This means that you should NOT forward the paperwork (email, fax, snail mail, etc.) to the carrier - they'll receive it directly from SureLC™ and they will process the request accordingly. This is designed to streamline the process for both your agency, your producers, and Medico to provide a quicker turn-around and more secure process for everyone involved.
Please note that the following request types are NOT electronically submitted to the carrier:
- Hierarchy (commission level) changes
- EFT Payment account changes
- Additional State Appointment requests
For these 3 request types processed through SureLC, you'll still receive an email, and you should submit them to Medico as you normally would (email, fax, snail mail, etc.).
Additionally, "Medico Corp Life Insurance Company" and "Medico Ins Co" will be merged into single entity in SureLC™ labeled "Medico", CLICK HERE for details.
This eliminates the need to process contracts under multiple carrier channels, as all channels require the same contracting forms. As part of this integration all of the Medico forms will be updated to their latest versions dated (11/01/2016).
Should you have any questions, please email us at firstname.lastname@example.org or call us at 877-264-6888.