The AFLAC Medicare Supplement product hit the market in October, 2012.
It was just annoucned today, September 16, 2013, that the product will no longer be offered, effective October 1, 2013.
This is a disappointing move by AFLAC and its distributor, AIMC. There is, as of yet, no explanation for the sudden move and no field communication has been made prior to this decision that might have helped independent agents get positioned for such a potential transaction with applications currently in process.
This sort of non-communication and rull-pulled-from-under agents and clients is not typical in the industry and will affect future decisions on what companies to market from these higher distribution channels in the future.
Notice sent to the field:
