Effective June 1, 2017 we will no longer accept new Short Term Medical Insurance business. 

We have made the decision to EXIT the Short Term Medical Insurance Marketplace. We will be modifying our websites during the month of May to eliminate the STM promotional content and ecommerce capability. 

We have made this decision based on the 90 day policy duration limitation to the STM insurance marketplace that was effective April 1, 2017. This has caused many producers in the web broker community to focus their efforts on other supplemental health insurance products like limited medical plans. As a result of marketplace conditions, we are no longer able to profitably maintain this business. 

Going forward:

First and foremost, we will continue to honor our obligations to our policyholders.

No new Short Term Medical business will be allowed to be transacted after May 31, 2017.

Effective dates of policies will be allowed after June 1, 2017 provided the transaction date occurs before June 1, 2017.

All policies will run until their natural expiry and all commission arrangements will be honored.

Producer Zone and Client Zone will remain active so you and your customers will be able to continue to receive online assistance. 

If you have any questions please contact your Tokio Marine HCC - MIS Group Account Executive. 

Thank you.

Sincerely,
Mark Carney
CEO, Tokio Marine HCC - MIS Group