JUNE 2018

INDUSTRY NEWS – June 2018

Article of interest:  CLHIA RESPONDS TO ADVISOR CONCERNS OVER NEW COMPENSATION DISCLOSURE GUIDELINE G19

LIFE & LIVING BENEFITS

  • Are you leaving money on the table? Watch the video HERE
  • Cost-efficient Whole Life solution for your healthy clients – details HERE
  • LIA E-app – details HERE

  • Promoting Visitors to Canada Travel Insurance is Easy – more HERE

  • UL in 2 minutes – watch the video HERE
  • Be Prepared for the Unexpected CI Facts HERE
  • Learn more about the BMO Insurance Whole Life Plan! – details HERE
  • NEW Term rates! NEW Term plans. Perfect time to streamline your business with BMO SmartApp! – details HERE
  • Smart App makes getting eSignature easy!  details HERE

  • Revision of Disability Rates – details HERE
  • High-end, Simplified issue disability insurance – details HERE

  • Special Rate on Term Insurance – details HERE
  • Why Complicate Insurance – use term – details HERE
  • AML Program Update to remain compliant – more HERE
  • Policy owner Dividend Scale – more HERE
  • Explaining underwriting decisions to your clients just got simpler – more HERE
  • Backdating rules for New Business and Client Service – details HERE
  • The new life-only paper application

  • Add a personalized commercial to your website with your contact information- view sample commercials : HERE
  • Loyalty Program – details HERE

  • Fast & Full Life App. earns 10% more than paper! – details HERE
  • Insight   May 24  |  June 20
  • Introducing Solution 30 and reduced rates for Solution 10 & 20! – details HERE
  • Close the sale in less time – read more HERE
  • Life Insurance Articles to Share with your Clients – HERE

  • EZcomplete® online application reduces time-to-issue by an average of 5 days! Log in for details HERE
  • Advisor Code of Conduct – HERE 
  • Online PDU | Preferred Pricing | UL Fund Facts | Details in the Edge Newsletter HERE
  • 2018 Dividend Scale – details HERE
  • EZcomplete® – details HERE
  • Print a client summary from EquiNet – details HERE

  • Doing more for Members and their Families – more HERE
  • Add Sizzle to your Sale – more HERE
  • Quit Smoking Incentive – details HERE
  • Children’s Insurance Benefit video – watch it HERE
  • 1-minute video on their New Rider – watch it HERE
  • 2018-2019 Scholarship Program – details HERE

  • With Guaranteed Access – All your Clients are Accepted – details HERE 
  • Riders Now Available with Assure&Go – details HERE
  • Simplified Life Insurance with AccessLife – details HERE

  • Ready to share content for clients – details HERE
  • Underwriting Update – details HERE
  • A new way to share marketing material – details HERE
  • It’s even easier to use E-App – details HERE

  • Term insurance renewal letter – details HERE
  • CI & Millenials – tools to help you – details HERE
  • IA Connected  May 21  |  June 4  |  June 18
  • CI product release  – details HERE Answers at your fingertips: ACB, beneficiaries, policy summary – details HERE
  • EVO platform – details HERE

  • PAR Material now available – Get it HERE 
  • New Communication – Reason Why Letter – HERE
  • As a Matter of Law – Capacity assessments could become the new normal for beneficiary
    designations – read more HERE
  • Grad Advantage Program (GAP) enhancements – details HERE
  • E-delivery coming soon for Term and Critical Illness – details HERE

  • Specialty Life offers unique solutions to clients that would otherwise be deemed uninsurable. With up to $300,000 in coverage available, there is no medical condition, no matter how serious or recent, that would disqualify a potential client from acceptance. Policies are issued same day, which makes it a perfect option for potential clients in need of quick coverage. And with lenient residency rules, even people without citizenship can qualify. For more product visit  www.slinsurance.ca
  • Guaranteed Issue up to $50,000
  • Lenient residency rules
  • Unique underwriting preliminary assessment
    —- get all the details HERE

  • Offer an all-in-one insurance solution to your clients – Learn more HERE 
  • Term Plus – more than just life insurance – details HERE
  • Universal Life and Estate Protection – A Winning Combination – details HERE
  • Inheritance boom: optimizing your estate’s liquid assets – details HERE

INVESTMENTS

article of interest :  Regulators release model disclosure document for seg funds – read the full article HERE

  • New Funds to BMO GIF – more HERE
  • You and your client no longer need to apply for GIF 100/100 Prestige Class – details HERE
  • SPIA RPP Additional Information Form and Application – Read more

  • Introducing seven new global funds, Preferred Pricing and Fee For Service – details HERE 
  • TFSA Loans Now Available – details HERE
  • Insight  May 24  |  June 20
  • MoneyFacts 2018
  • Fast and Full Investment App – details HERE

  • 6 New Seg Funds – details HERE

  • Series 75/ 100 – Electronic Reset – more HERE
  • Fund Fact sheet HERE
  • Prestige Preferential Pricing – more HERE
  • Changes to the Selection Funds – more HERE
  • 2018 Reference Sheet & Tax Slips – more HERE
  • IA Connected May 21June 18
  • New solutions for investing at a low cost – details HERE

  • Changes to Investment Accounts – more HERE
  • Investment Account: New No Redemption Fee  Options – more HERE

 

  • Manulife Annuities: upcoming changes for external sales
    After a detailed assessment of Manulife Annuity business, external sales of Manulife Annuities,will be discontinued as of June 29, 2018, at 4 pm ET.  Log in for full details HERE
  • Seg Fund additions, closures and other changes – more HERE

  • Fund Additions and Changes – details HERE
  • Loan Insurance with Term Plus – details HERE
  • Quebec’s rules concerning transfers from a LIF to an RRSP or a RRIF – details HERE

COMPLIANCE CORNER

IMPORTANT  REQUIREMENTS  effective immediately :

  • GROUP INSURANCE ; File Management – details HERE
  • The Summary of Sales Acknowledgment template has been updated so that it now meets CLHIA and all provincial compliance requirements, it has been updated in the compliance section of our website.  Please destroy previous versions as they will no longer be accepted after March 15th, 2018This form must be complete with detailed answers, please destroy previous versions of this form as they will no longer be accepted.  All forms have been updated in the compliance section
  • Notice of Replacement  –  When and for who?  Is Replacement Notification Necessary?