Industry News – January 2020LIFE & LIVING BENEFITS
- The No Medical Insurance products has no longer any restrictions if your client has been declined in the past 2 years. Your client can now get an immediate coverage solution regardless of past – declines HERE
- Better Mortgage Insurance – Rate Calculator – more HERE
- LIA Q&A – sales platform LIA
- 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
- Term Life policy fee discount extended until January 31, 2020 – details HERE
- Introducing the Additional Payment Option – NEW on Whole Life – more HERE
- Expect faster turnaround times for Term Conversions – more HERE
- Permanent life insurance explained in 2 minutes – watch the video HERE
- SmartApp – secure, easy and fast – more HERE
- High-end, Simplified issue disability insurance – details HERE
- New Par product ! more HERE
- Living Benefits update – more HERE
- From the studio: the role of technology in life insurance – watch the Webinar
- SimpleProtect can simplify and enhance your business – more
- Easily share client focused insurance content on your social media pages – more HERE
- Insurance Operations Update – details HERE
- Get a 200$ gift card – find out how 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
- Conversions of Optimax Extender – details HERE
- Now clients can view Solution Series Term Life Insurance Policy online – more 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
- Celebrating 100 years – Learn about Giveaways and Giving Back HERE
- Updates have been made to the Temporary Resident Guidelines Visit EquiNet for all the details
- 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
- Helping loved ones with grief
- Affordable Joint Coverage – details HERE
- More insurance options for live-in caregivers- details HERE
- Term Brochure & 12 Marketing Resources – get it HERE
- Receive a Wellness Report with helpful advice on how to distinguish yourself – details HERE
- 2 new coverages to its 5575.ca platform – details HERE
- Improved non-smoking definition – details 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
- 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
- Effective November 29, 2019, ivari will no longer offer our Guaranteed Investment Fund – details 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
- IA Mobile – Improve your clients’ experience – more 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
- Ez-app tool closing on January 15 – New process for Synergy applications – complete the short version of the E-Application, using “Family Term” as the product category and T10, single* as the coverage type, for the same face amount. Next, attach a Synergy illustration, selecting “Miscellaneous” as the document type.
- Removal of 30-day critical illness insurance waiting period for non-cardiac conditions – more HERE
- Disability insurance reboot – HERE
- New client Account Listing Summary Report – view insurance policy and investment contract/account information in one place – Log into Repsource for more details
INVESTMENTS
- Segregated funds explained in 2 minutes – watch the video
- Online access for BMO GIF clients – details HERE
- RRSP and TFSA toolkit HERE
- Start 2020 with New Guaranteed Investments – more HERE
- New Canada Life segregated fund shelf – details HERE
- Brand New CL Seg Fund Shelf – 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
- Announcing Class Plus 2.1 deposit limit of $25,000 for 2020 – more HERE
- 7 reasons why Empire Life Multi-Strategy Funds are a smart choice for your client – more HERE
- Change to the calculation and collection of the GIF Insurance Fee – more HERE
- When clients don’t know if their money will last in retirement, they can start feeling uncertain about their future. The Empire Life Retirement & Savings Tool can help ease their concerns. Check it out HERE
- Ensuring a balanced RRSP strategy for your clients / NEW AGF Green Investment Account – details HERE
- Adding 7 new investment accounts- details HERE
- Unique Investment accounts on the market, for the same price as mutual investment funds – details HERE
- Saving and Investments Page – HERE
- Do you have clients looking for growth but are concerned about taking on too much risk? Listen On demand & Learn about the value of investing in high-quality businesses and how taking a broader approach to fixed income investing can deliver the balanced solution your clients are looking for. Listen HERE
- Updated RRSP to RIF Conversion Forms – details HERE
- New Funds | All the ingredients for a winning recipe! more HERE
- The year is coming to a close: have you done your resets? – more HERE
- The preapproved RRSP loan offer is back – details HERE
- RRSP Discount Rates – more HERE
- Limited time offer: New TFSA and RRSP deposits earn 3.00% interest
- Illustrations online with new Manulife Illustrations tool – more HERE
- 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)
COMPLIANCE CORNER
- Updated Best Practices Handbook, the handbook is a compilation of rules, procedures and guidelines relating to distribution compliance and market conduct HERE
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.