APEXA expected to launch in May
After running into some snags, APEXA, the much talked-about contract and compliance platform, has been given a new start date of the first half of May. “We’re going to be connecting the industry,” Tonya Blackmore, CEO of APEXA, told the Canadian Life Insurance EDI Standards (CLIEDIS) annual seminar in April.
Federal Budget 2017
A year to the day after delivering his first budget, Finance Minister Morneau tabled his second budget (“Budget 2017”), which is entitled “Building a Strong Middle Class.” This budget has been influenced by a number of political, financial and economic events: the threat of increasing federal deficits; the need to stimulate job growth and innovation; supporting the growth of the middle class; and the “threat” of major tax changes and growing trade protectionism in the United States. Weaving a budget to deal with these important and often conflicting issues has clearly forced a rethinking of the government’s tax priorities and spending initiatives, as evidenced by the limited scope of Budget 2017.
BridgeForce | Compliance Update (April 2017)
Updating the advisor disclosure template, Replacement disclosure reminders.
SUPPLIER COMPANY NEWS
Offer your clients a policy fee vacation
Your client first year policy fee is on us for FlexTerm and FlexTerm life rider. Save your clients money and give them the protection they need.
What’s Up (March edition)
FlexTerm policies and riders sold since March 2015 are now eligible for the modification of the term option, Your clients’ first year policy fee is on us, Qualify faster for the 2018 Broker Convention, Webinar: Smart advisors. Smart insurance. Bundling Made Easy.
Meeting: Tangible Hybrid – Securing tomorrow today (April 20 – May 9)
Change is inevitable, and is happening faster than ever before. Traditional insurance coverage has not kept pace with rapidly changing markets and client needs. Wouldn’t it be nice to have a simple solution that actually changes as your clients’ needs evolve over time? Now, there is such a solution; meet TANGIBLE HYBRID!
Updated BMO Insurance Application Form available
At BMO Insurance, we are committed to improving our New Business process. Our insurance application has been updated to reflect ongoing improvements. Revisions have been made to the Face-to-Face Application for Life Insurance and Critical Illness Insurance.
Changes to Canada Life compensation payment options
Cheques will no longer be provided as an option for new contracts effective April 3, 2017, The current cheque process will continue with one minor change, Provide a void cheque to switch from cheque to EFT as a payment option.
Product information page required with sales illustration
Effective immediately, a Product information page (PIP) is required when submitting a sales illustration with a paper, Alternatively you can use the Product pages included with the paper application.
Canada Protection Plan
You may be surprised to know
From the leading name in No Medical & Simplified Issue Life Insurance. No prequalification questions. No questions about disability.
In the news
A newsletter that will keep you in the loop, New universal life insurance coming to Desjardins Insurance, Register for the universal life, LTC adance and new tools webinar.
Replay of Understanding Taxation of Funds Webinar now available, 36 York Mills Road–our new home in the GTA, CIO Ian Hardacre discusses investment strategy and opportunities in the market, Empire Life Investments appoints Douglas Cooper Portfolio Manager, Canadian Equities, 2017 Empire Life New Product Portfolio Recorded Webinar: Now Available, Budget 2017 at your fingertips.
Equitable Life News
Simple issue. Simply faster, Show me the money.
Sales promotion: Go green. Make green. (February 1 – May 31)
If you haven’t used EZcomplete for face-to-face online applications yet, there’s no better time to start. Between February 1 and May 31, 2017, use EZcomplete to submit your new applications and make some extra cash!
Membership Matters (April)
How to introduce money basics to your family, Tips for finally getting that big raise, 5 surprising benefits of volunteering, Free for the taking.
Sales Promotion: Join us in spectacular Whistler (November 1 – June 30)
Foresters Financial and BridgeForce are very excited to give you the opportunity to join us in beautiful Whistler, British Columbia from August 27 to 31, 2017.
Disability benefits by direct deposit, Cancellation of reduction in Quebec premium tax, RESP | Have you tried electronic signature?, Guaranteed Interest Funds | Discover our newest rates.
Sales Promotion: Add a little spice to your sales (March 27 – May 19)
La Capitale sales campaign for disabiltiy insurance products. Get bonus money based on the number of applications submitted for Pillar Series Disability Insurance products.
A changing landscape means more opportunity
As many of you know, yesterday’s webinar A Changing Landscape Means More Opportunity was focused on discussing the shift in demographics and insurance and how they affect your business. Due to the high demand, we recorded the session and you can access the full presentation.
Sales promotion: Manulife Vitality (April 10 – May 31)
For every Manulife Vitality application submitted to BridgeForce you will receive a $50 PC gift card for all those healthy purchases.
Important Changes to Underwriting Guidelines
In order to keep you fully informed with Underwriting at RBC Insurance®, we would like to take this opportunity to update you on the recent changes we’ve made to our Medical Underwriting and Underwriting Guidelines.
Launch of the RBC Insurance eApplication
We are excited to announce the launch of the new RBC Insurance eApplication now available through the secure RBC Insurance Business Intelligence Centre (BIC).
New automatic medical requirements for critical illness insurance
In an effort to keep you up-to-date with Underwriting at RBC Insurance®, we would like to take this opportunity to update you on a recent change to our medical underwriting guidelines.
Spring into more FYC with RBC YourTerm
We are excited to announce the extension of our increased first year commission offer on all new applications, exchanges and riders for RBC YourTerm™ and RBC YourTerm renewal applications submitted between now and July 28, 2017.
Updated insurance applications now available
We’re pleased to announce that many individual life, disability and critical illness insurance applications have been updated to remove reference to Marijuana and Hashish in the smoker rate qualification question.
Loan insurance with Term Plus
Mortgage season is the best time to talk to your clients about loan insurance solution with Term Plus.
Newsletter (March 2017)
The Administrative Guide for inforce business, 2017 RRSP Campaign: Mission Accomplished, Loan insurance with Term Plus: an essential protection for many of your clients, REMINDER: New Laws and Regulations.
Information and links to other websites contained in this document are solely for the information and convenience of BridgeForce Financial Group brokers. This information is not intended to provide financial, legal, accounting or tax advice and should not be relied upon in that regard. No endorsement of any third party products, services or information is expressed or implied by any information, material or content referred to, included in, or linked from this bulletin. The approved materials are the property of individual companies used under license and may not be copied, transmitted or used without express written approval. E. & O.E.