MARCH 2018

INDUSTRY NEWS – March 2018


  • Are you leaving money on the table? Watch the video HERE
  • Cost-efficient Whole Life solution for your healthy clients! – details HERE
  • Product Changes – details HERE
  • Not all simplified CIs pay 95% of all CI claims – Critical Protection does – details HERE
  • LIA E-app – details HERE

  • 2018 Federal Budget Review – HERE
  • New Level COI and Term 100 rates effective January 22, 2018 – details HERE
  • Smart App makes getting eSignature easy!  details HERE
  • NEW Term rates! NEW Term plans. Perfect time to streamline your business with BMO SmartApp – details HERE
  • Updated Face-to-face Application for Life Insurance and Critical Illness – details HERE

  • Revision of Disability Rates – details HERE
  • High-end, Simplified issue disability insurance – details 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
  • Updated Living Benefits Software – get it HERE
  • Identify your clients needs with the Needs Analysis Calculator – get it HERE

  • Loyalty Program – details HERE

  • Fast & Full Life App. earns 10% more than paper! – details HERE
  • Insight  January 30  |  Feb. 15
  • 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

  • Jan 18 News EZcomplete® – details HERE
  • Print a client summary from EquiNet – details HERE
  • Advisor Conference – details HERE 

  • 1-minute video on their New Rider – watch it HERE
  • The Foresters Advantage – details HERE
  • Changes to Life & CI application -details HERE
  • 2018-2019 Scholarship Program – details HERE

  • Riders Now Available with Assure&Go – details HERE
  • Simplified Life Insurance with AccessLife – details HERE

  • Webinar training for the electronic application Register 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

  • IA Connected  January 29  |  Feb. 22 
  • NEW CI product release and more – details HERE
  • Answers at your fingertips: ACB, beneficiaries, policy summary – details HERE
  • EVO platform – details HERE

  • E-delivery coming soon for Term and Critical Illness – details HERE
  • Term and Reprice Changes- details HERE
  • Changes to Universal Life – details HERE
  • Now in effect: Insurance forms and process changes due to CRS and AML – details HERE
  • E-application – 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

  • Guaranteed Issue up to $50,000
  • Lenient residency rules
  • Unique underwriting preliminary assessment
    —- get all the details HERE

  • Universal Life and Estate Protection – A Winning Combination – details HERE
  • Inheritance boom: optimizing your estate’s liquid assets – details HERE
  • Term Rate Reductions – details HERE
  • Critical Illness – details HERE




– RRSP contribution deadline: March 1, 2018 (first 60 days)

– RRSP contribution limit for 2017: $ 26,010 | Limit for 2018: $ 26,230

– TFSA cumulative contribution limit for 2018: $ 57,500


  • 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

  • End of Transfer Fee Reimbursement Program – details HERE

  • 6 New Seg Funds – details HERE

  • The 2018 Advisor Quick Reference Guide – get it HERE
  • Changes to segregated fund offering announced January 15, 2018 – details HERE
  • InfoSource Jan. 23 Debit commission balances: Interest rates increase | Segregated fund processing changes | New Petursson market videos
  • Monthly High Income Fund – details HERE


  • IMPORTANT  REQUIREMENTS  effective immediately :
    Due to new contractual obligations with some carriers, the Reason Why Letter/Summary of Sales must now be included as part of your practice with all applications.  Therefore the Acknowledgement and Confirmation of Decision form has been revised to meet this requirement of providing the reason why the product was sold and how it meets the client’s needs and objectives. This 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?
  • Revised: CLHIA Reference Document – get it  HERE
  • Changes to the Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations – details HERE