American Continental Life Medicare Supplement Sales Division Promotes Donald Harris

FOR IMMEDIATE RELEASE
Brentwood, Tennessee, United States of America (Free-Press-Release.com) December 26, 2011 -- American Continental Life Insurance Company of Brentwood, Tennessee is announcing that the promotion of Donald Harris to executive Vice President of Marketing and Sales. Mr. Harris has been with our company since 1991. Mr. Harris studied business administration at Duke University and received an MBA from Harvard Business School with an emphasis on marketing.

American Continental Life (ACI) is a direct subsidiary of Genworth Financial that was recently purchased by the Aetna Family of Companies. American Continental Life Insurance receives an overwhelming (95%) of its revenues from sales of Medicare Supplemental Policies. Medicare Supplement sales, industry wide, are projected to have an 8% annual growth rate over the next five years. Due to American Continental Life’s increased aggressiveness in the Medicare market and the rolling out of sales in ten new states we are projecting to grow our Medicare Supplement sales by a 15% over the next five years. The new states that our company is having the strongest growth are in Michigan Medicare Supplemental sales where sales growth is projected to be 30% per annum.

Mr. Donald Harris was born and raised in Detroit, Michigan and has been instrumental in attaining the increase in sales in Medicare Supplements especially in his home state of Michigan. Medicare Supplement sales are very much predicated on the rates or quotes to the client.American Continental Life Medicare Supplement Sales Division has been very fortunate to have low rates in Michigan due to our stringent underwriting procedures for new applicants. Our company is projecting future growth based on a Medicare Insurance Supplement Guide that shows us continuing to have low Medicare Supplemental Rates even five years into the future. These projections shall not be construed as binding but simply as educated estimates that shall be deemed reliable at a 75% probability.

Michigan Medicare Supplemental