UICI offers insurance and selected financial services to niche consumer and institutional markets. The Company issues health insurance policies, covering individuals and families, to the self-employed, association group, voluntary employer group and student markets. The Companys operating segments historically consisted of the Insurance segment, which includes the businesses of the Self-Employed Agency Division, the Group Insurance Division, the Life Insurance Division and the Senior Market Division, and the Financial Services segment, which includes the businesses of Academic Management Services Corp. (AMS), which markets, originates, funds and services federally guaranteed student loans, and provides student tuition installment plans, and its investment in Healthaxis, Inc., a technology firm that provides Web-based connectivity and applications solutions for health benefit distribution and administration. In November 2003, the Company sold AMS to SLM Corporation.