Industry News – October 2019
LIFE & LIVING BENEFITS
- Boost your travel insurance sales this snowbird season – more HERE
- Start Your Inpatriates to Canada EASY Training Today
- Visitors to Canada Travel Insurance just got easier – more HERE
- Help boost your travel sales this summer – more HERE
- Permanent life insurance explained in 2 minutes – watch the video HERE
- Reduced Term Rates – to learn more, please download The Wave 40.0 and read the Transition Rules.
- SmartApp – secure, easy and fast – more HERE
- A new video to help you start a conversation with your clients on permanent insurance – watch it HERE
- High-end, Simplified issue disability insurance – details HERE
- SimpleProtect: $2 million in term now available – details HERE
- Grad program 2019/20 changes – details HERE
- August eBulletin – Insurance update and more – details HERE
- Top tools to remain compliant – details HERE
- New Advisor Assist Program – details HERE
- Marijuana up to 4x a week is a non-smoker – more HERE
- Easy to use referral document ,ask your clients to refer you today – get it HERE
- Discover PRESTO, La Capitale’s quick online life insurance application more HERE
- Eligibility criteria of new immigrants – details HERE
- Pure Series: new life insurance products at very affordable rates – more HERE
- A unique way to complete your clients’ life insurance – The Provider rider is the solution – details HERE
- Underwriting Guide – HERE
- NEW 10 Pay Par option and No Medical Underwriting up to $750K details HERE
- Get PDUs online by watching webinars – details HERE
- Earn 10% more FYC with the Fast & Full Life App – learn more HERE
- Dividend Scale Change for Empire Life Participating Plans – more HERE
- Business Builder Webinar: Top Insurance Strategies to Win More Clients – watch it HERE
- Introducing a simple, fast and easy way to submit policy changes online – details HERE
- Insight – July 5 | Aug
- New PAR account portfolio executive summary – more HERE
- Repositioned Equimax Wealth now available – more HERE
- NEW Corporate Preferred Retirement Solution® client material using Equimax® whole life more HERE
- EZcomplete now available for your non-face-to-face applications
An EZ way to conduct your out-of-town business – more HERE
- Receive a Wellness Report with helpful advice on how to distinguish yourself from the competition – details HERE
- New portal replacing FASATWeb making it easier to manage your contracting and compensation information – details HERE
- Everything you need to help cover your clients’ short- and long-term financial protection needs – more HERE
- Built-in flexibility for juveniles – more HERE
- Updated! Dividend client materials – more HERE
- Help clients quite smoking – an incentive for a healthy lifestyle – more HERE
- Clients with high risk medical conditions – the solution is HERE
- Offer HuGO to your corporate clients who are in good health and want competitively priced term insurance quickly – more HERE
- NEW preselection guide for disability insurance coverage – get it HERE
- Digital Media Tools to help you easily promote products through social media, web and email platforms – more HERE
- Acci-Jet Program now offers a 100% simplified coverage in the event of an illness – get the Sales Starter Kit HERE
- New & Improved App – get it HERE
- Underwriting risk classifications flyer – get it HERE (log in required)
- More ways to save with combined banding and layering – details HERE
- Juvenile life insurance – New advisor flyer! – get it HERE
- Personalized underwriting based on your client’s state of health is finally here – more HERE
- Improvements to Access Life – details HERE
- Reduction in term life insurance premiums – details HERE
- Instantly accept life insurance for up to one million dollars at the point of sale – details HERE
- IA Connected – Oct. 7
- Advance notice of change to Manulife’s disability insurance premium rates coming in December
The pricing adjustment will impact Proguard and Venture Series disability insurance products across most cells. The reprice contains both decreases and increases; mainly depending on the product, occupation class and issue age. - Life Lessons – Scholarship Program – details HERE
- What’s New in Health and Dental – details HERE
- AFFINITY SOLUTIONS: FollowMe Open Enrollment available until August 22, 2019 – details HERE
- E-application – details HERE
- 6 tips to protect against suspicious emails – more HERE
- Focus on Universal Life insurance – 5 main reasons HERE
- Conversion Privilege: Term Life, Term Plus and CI Insurance coverages – details HERE
- Five good reasons to choose Term Plus – details HERE
- Whole Life insurance now offering more – more HERE
- Launch of E-App for Life and CI – more HERE
INVESTMENTS
- Online access for BMO GIF clients – details HERE
- BMO lending National Compensation Mortgage Referral Program
- Limited time offer. Now to October 31, 2019 Bring your mortgage to a BMO Smart Fixed Mortgage and get a cash bonus up to $2,500! Ask us for more info HERE
- Enhancements to BMO Guaranteed Investment Funds – more HERE
- The retirement solutions toolkit has everything you need to know about annuities, lifetime income benefit (LIB) and estate protection solutions – get it HERE
- August eBulletin – Wealth Operations update and more – details HERE
- Application, contract, information folder & form updates – HERE
- Support client conversations and recommendations for segregated and mutual funds, with the portfolio recommendation tool – get it HERE
- 6 in 10 pre-retirees want guaranteed income for life. Start a conversation with clients with Class Plus 3.0 RRSP video and case study – details HERE
- Asset Allocation Update – details HERE
- The 5% Bonus is Back on Class Plus 3.0 – details HERE
- Rules around Sell/Buy Investment transactions – details HERE
- Insight – Aug
- Unique Investment accounts on the market, for the same price as mutual investment funds – details HERE
- Saving and Investments Page – HERE
- Updated RRSP to RIF Conversion Forms – details HERE
- Enhancement to Series 75/100: extended five years up to age 85! more HERE
- Change to the availability of sales charge options at ages 80 or higher – more HERE
- Funds mergers | Be well prepared! – more HERE
- Seg Fund Offer- Even more competitive!- details HERE
- Say goodbye to piles of paper confirmations – more HERE
- IA Connected – sept. 9 | Oct. 7
- Changes Seg. Funds offerings: adding 4 existing funds to selected contracts | capping 7 funds to new deposits and switches-in in selected contracts | losing 12 funds in selected contracts More HERE (login required)
- New! Manulife online access for Investments – Investments clients can now register for Manulife online access and benefit! Watch the how to video HERE
- Terminating the GARS Fund, affected Segregated Fund contracts – details HERE (log in required)
OF INTEREST
- The Autorité des marchés financiers (AMF) recently released ‘A practical guide for the financial services industry – Protecting vulnerable clients‘. This guide outlines possible courses of action to follow to help clients protect themselves if circumstances make them vulnerable or to assist them in dealing with situations regarding their financial well-being.
COMPLIANCE CORNER
- As a result of changes in legislation, the AML and Privacy program templates have been updated – The new programs reflect changes to legislation since the last release of templates in June 2017. Adopting the new programs will ensure you have up to date compliance programs for your practice and will also meet your 2-year review obligation. Be sure to keep a copy of your existing programs for your records.
- Anti-money laundering template: The latest version has been updated to include enhanced suspicious indicators, voluntary self-declaration of non-compliance and updated identification details. Download the new template in the ANTI MONEY LAUNDERING section of the Copoloff Compliance center
- Privacy template: The latest version has been revised to include updated privacy breach processes located in the PRIVACY section of the Copoloff Compliance center Download the new template: Privacy compliance program
- Notice of Replacement – When and for who? Is Replacement Notification Necessary?
- NEW: Advisor Disclosure form– please destroy previous copies and use the one on our compliance page.