NOVEMBER 2018

INDUSTRY NEWS – November 2018

LIFE & LIVING BENEFITS

  • Flex Term – policy fee  vacation  – details HERE
  • 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

  • True benefits of travel deals and perks – more HERE
  • Promoting Visitors to Canada Travel Insurance is Easy – more HERE

  • Smart App is event smarter – details HERE
  • Triple 5  drive – details HERE
  • Explaining insurance options to your clients just got easier – more HERE
  • Streamline your business with BMO SmartApp –  join the October webinar |  details HERE
  • New Term Rates HERE 
  • One reason to choose the BMO Insurance Whole Life Plan – more HERE
  • Health Advocate™ Plan – details HERE
  • UL in 2 minutes – watch the video HERE

  • Revision of Disability Rates – details HERE
  • High-end, Simplified issue disability insurance – details 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
  • Loyalty Program – 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
  • Fast & Full Life App. earns 10% more than paper! – details HERE
  • Insight Nov. 22

  • Edge Newsletter October 
  • Summer Sweepstakes with EZcomplete – 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 
  • Online PDU | Preferred Pricing | UL Fund Facts | Details in the Edge Newsletter HERE

  • November membership NEWS
  • Easy-to-use tools to help you review your clients’ life insurance needs – more  HERE
  • Finish strong final quarter rewards – details HERE
  • Marketing resources to build your  business – more HERE
  • Cascading Life Insurance Concept – details HERE
  • Update on Identity Theft – details HERE
  • Doing more for Members and their Families – more HERE
  • Quit Smoking Incentive – details HERE
  • Children’s Insurance Benefit video – watch it 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
  • HuGO (web based)  instantly issues, in the majority of cases, personalized term life insurance based on the client’s risk profile – more HERE
  • Insurance Without Medical Exam  – details HERE
  • Friday Webinars are back ! – details HERE
  • E-App Learners Guide

  • 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

  • CI pre-approved offer now includes  CI rider – details HERE
  • Three new tools you won’t be able to live without
  • A more focused way to sell Term – more HERE
  • Reprice for TermSelect™ 10, 20 year term standalone coverage’s take effect on Monday August 13, 2018 – details HERE
  • Help your clients protect the layers of their life – details HERE
  • Ready to share content for clients – details HERE
  • It’s even easier to use E-App – details 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
  • IA Connected  October 22   | Nov. 5
  • CI product release  – details HERE Answers at your fingertips: ACB, beneficiaries, policy summary – details HERE

  • NEW Term pricing and expanded accelerated underwriting now in effect – more HERE
  • Effective Nov.6:  Lowering  Term-10 and Term-20 insurance rates – visit Rates to go HERE
  • Risky Business: From mobile apps to Artificial intelligence; we’ve had a busy summer! – read more HERE
  • Extended Health Care rate adjustment – more HERE
  • Overhead expense disability insurance – tax consequences – more HERE
  • Manu & PAR – better together – 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 on iapplication.ca Webinars Tuesdays at 2pm : Click Here      Fridays at 10:30am: Click 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.
  • Guaranteed Issue up to $50,000
    —- get all the details HERE

  • An all-in-one insurance solution that combines three coverages in a single policy – more HERE
  • Universal life insurance product, Critical Illness Rider and other changes – details HERE
  • Term Plus: protect the financial security of your clients with the Total Disability Rider – more HERE
  • The advantages of a corporate-owned Universal life – more HERE
  • Engage with your clients on Social Media – learn how HERE 

INVESTMENTS

  • Even simpler to do business with BMO GIFs – more 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

  • Webinar on New Rules for Running a Small Business: Income Splitting & Passive Income-  watch it HERE
  • Introducing a No Load Purchase Option and four global funds to Class Plus 3.0 – more HERE
  • Webinar w/ Peter Wouters and Geoff Gibson as they explore guaranteed income product solutions that can solve your client’s need for predictable lifetime income – REPLAY HERE
  • 5 things you need to know about Class Plus 3.0, GWB! – details HERE
  • The Fast & Full Investment App just got better – Free integrated co-browsing
  • Introducing seven new global funds, Preferred Pricing and Fee For Service – details HERE 
  • TFSA Loans Now Available – details HERE
  • Insight    Nov. 22

  • Retirement Income Options – details HERE
  • Edge Newsletter October 
  • 6 New Seg Funds – details HERE

  • A new way to invest in innovation – more HERE
  • RRSP Loan | Discount rates starting November 12, 2018 – more HERE
  • Conversion | November 16 | Deadline for submitting your requests – more HERE
  • Offer your clients peace of mind -segregated funds to meet your clients’ estate planning and growth needs – more HERE
  • IA Connected  October 22   |  Nov. 5

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

 

  • Fixed Income: The worst is behind us – listen  HERE
  • Investments Unplugged, Episode 7: In most cases given the option humans will choose an unknown risk over uncertainty except when it comes to investing – LISTEN HERE
  • Intra-family loans to split income and save taxes is a good family tax-saving strategy that can save significant tax dollars – more HERE  (log in required)
  • Canadian Securities | Seg fund changes | and more – latest Infosource HERE
  • Changes to Seg Fund Contracts – No Load Sales Charge Option – details HERE 

  • Demography influencing inflation and interest rates – read 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

  • 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.