INDUSTRY NEWS – May 2019

 

LIFE & LIVING BENEFITS

  • Make Flex Term your GO TO – Mortgage, Pre-retirement – Bundling flex term w/ CI & DI   – details HERE
  • Cost-efficient Whole Life solution for your healthy clients – details HERE
  • LIA E-app – details HERE

  • Help clients understand the value of travel insurance – more HERE
  • News You Can Use on travelling with children – March 2019
  • Promoting Visitors to Canada Travel Insurance is Easy – more HERE

  • Lower Premiums on Term – more HERE
  • New Term Promo – Waived Policy Fee – more HERE
  • 2019 Performance Bonus Rate: 5.75% – more HERE
  • A simple permanent life insurance plan – more HERE
  • Become a SmartApp expert in less than 30 minutes – details HERE

  • Travel insurance solutions -SUMMERTIME BLUE IS NOW – details HERE
  • Revision of Disability Rates – details HERE
  • High-end, Simplified issue disability insurance – details HERE
  • SME Plan  – Simplified issue plan for employees of  small to medium sized enterprises – details HERE

  • Brochures and templates to share with clients – HERE
  • Corporate Owned Life Insurance – more HERE
  • Tax & Planning ; Non-residents and Canadian life insurance – read more HERE
  • SimpleProtect: same great products and rates – more HERE
    • Earn 500$ on your 3rd in force case – details HERE
  • Transitioning to eStorage: Insurance and mutual funds – more HERE
  • Boost your Insurance Sales with New Tools – HERE

  • Easy to use referral document, ask your clients to refer you today – get it HERE
  • Marijuana up to 4x a week is a  Non-Smoker – details HERE
  • Visit Term essentials, the new online hub HERE
  • If your client smokes MARIJUANA up to 4x a week they are considered a NON SMOKER! Ask us for details
  • Add a personalized commercial to your website with your contact information- view sample commercials : HERE

  • Reducing rates on Solution 20 and Solution 30 – details HERE
  • Fast & Full Life App. earns 10% more than paper!  Details HERE
  • Introducing Guaranteed Life Protect guaranteed issued insurance – more HERE
  • Fast & Full Non-Face-to-Face limit increase to $5 Million – details HERE
  • CI Protect 20 and Protect 20 Plus – details HERE
  • Insight  April 24 |

  • Updated – Universal Life Fund Facts – get it HERE
  • Repriced Term to Accelerate your Sales – more HERE
  • Jump start your term sales – details HERE
  • EZcomplete® online application reduces time-to-issue by an average of 5 days! Log in for details HERE
  • Advisor Code of Conduct – HERE 

  • Understanding Life Insurance Client Brochure – get it HERE
  • 2019 Playoffs!  Rewards details HERE
  • Built in Protection for Kids – more HERE
  • New Critical Illness brochure helps you explain the benefits of CI to your clients
  • Reduce the impact of grief – read more HERE
  • DI Increase in premiums – more HERE
  • Membership News for January (scholarship program) – details HERE
  • 55/75 New Offers – more HERE
  • New online health insurance product for baby boomers will be available soon –  more HERE 
  • Non-working clients are now eligible for coverage – details HERE
  • Friday Webinars are back ! – details HERE

  • Acci-jet Program – 100% Simplified – 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

  • EVO, the simplified sales experience continues its EVOLUTION – more HERE
  • Disability affects more people than you think – more HERE
  • Disability claims: New in 2019 – more HERE
  • EquiBuild is a flexible life insurance product that combines growth and liquidity – Learn more HERE
  • Term insurance renewal letter – details HERE
  • CI & Millenials – tools to help you – details HERE
  • iaConnected  April 8 | April 22

  • Upgrade your clients’ life insurance coverage with the Provider Rider – details HERE
  • Review of certain underwriting standards – details HERE
  • Pillar Series provides your clients with a high-quality accident & sickness coverage – more HERE
  • Creditor Protection details HERE
  • Life & DI product changes – HERE
  • Product Adjustments – details HERE

  • New Health & Dental – more HERE
  • 10 new pre-fillable eSignature forms – details HERE (log in required)
  • Enhancements to Manulife Travel – details HERE
  • CE credit series has arrived to help you thrive – log in to www.repsource.ca  Training tab / CE center for all the details
  • FollowMe Health and Dental Insurance – What’s new for 2019
  • NEW Term pricing and expanded accelerated underwriting now in effect – more HERE
  • Overhead expense disability insurance – tax consequences – more HERE

  • Product Training Webinars – details HERE
  • Unique Non-Face-to-Face (NF2F) platform – complete an application with only voice authorization – no signature required! The NF2F platform is now available!
  •  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.
  • Guaranteed Issue up to $50,000
    —- get all the details HERE

  • Universal Life News – details HERE
  • Life and CI EAPP Launch – details HERE     Get E-warded – details HERE
  • Critical Illness Insurance and RRSPs, a winning combination- more HERE
  • New electronic express application procedure – more HERE
  • An all-in-one insurance solution that combines three coverages in a single policy – more HERE

INVESTMENTS

  • Enhancements to the BMO GIF  – more HERE
  • May 15 Roadshow Guaranteed Investment Funds- details HERE
  • Hold your Mortgage – details HERE
  • Lending Referral Program –  HERE   Offers at a Glance – HERE
  • Even simpler to do business with BMO GIFs – more HERE
  • New Funds to BMO GIF – more HERE

  • Get the Power of Reset working for you – more HERE
  • Fast track the application process w/ Fast & Full and the pre-fill option – details HERE
  • 100% principal protection with a 75% death benefit guarantee? Read the case study HERE
  • Empire Life has won three 2018 Fundata FundGrade A+ Awards – more HERE
  • Reach more clients with  Class Plus 3.0 RRIF video and case study – HERE
  • Insight  April 24

  • Equitable Life’s EZcomplete online application now supports segregated funds – HERE
  • Retirement Income Options – details HERE
  • Edge Newsletter – Feb

 

  • Understanding segregated fund fees – more HERE
  • RESP resource portal | All the information in the same place – more HERE
  • Prestige preferential pricing – Two Improvements – more HERE
  • A new way to invest in innovation – more HERE
  • iaConnected  April 8| April 22

  • Bonus investment account offer – more HERE
  • Changes to Investment Accounts – more HERE
  • Investment Account: New No Redemption Fee  Options – more HERE
  •  March

 

  • Segregated Fund offer and launching a DCA Program – more HERE (log in required)
  • Promote your value. Build relationships with clients and prospects using Solutions online (log in required)
  • New Solutions: Succession plans | New Take Five videos | Year-end tax tips – log in HERE
  • Capital Markets & Strategy videos – HERE
  • Tips for submitting in good order business  – HERE

  • Changes to SSQ Insurance fund offering – more HERE
  • Estate planning in the digital age – more HERE
  • Critical Illness Insurance and RRSPs, a winning combination- more HERE 

COMPLIANCE CORNER

  •  FINTRAC has published new suspicious transaction guidance – details HERE
  • Second mandatory course in Compliance  must be completed by November 30th, 2019 – more HERE
  • AML – Questionnaire for applicants/owners who are entities form update (Canada Life )
  • Beneficial ownership requirements (FINTRAC)
  • CLIENT FILES: Keep Accurate and Substantial Books and Records
    Well maintained files are an Advisor’s best protection. Customer files should contain enough information to demonstrate that a needs-based sale took place. A well maintained file should contain copies of the material that (or detailed notes on what) was provided to the customer.
  •  You must make any and all files available to the MGA and/ or insurer upon request for an inspection.
    Guidelines under Self Assessment or contact copoloff@copoloff.com for assistance on record keeping practices.