Advocis | Monthly Update
Summer is the perfect time to invest in your professional development.
Why you need to help millennials understand life insurance
Financially, millennials have a lot on their plates, from paying off student debt and managing day-to-day expenses to buying houses for their growing families. So it’s not surprising that they may be forgetting something else: life insurance.
Enhanced Financial Account Information Reporting to CRA on Insurance and Annuity Contracts (Advisor Version)
The following information has been prepared to help clients of Canadian financial institutions and their advisors understand Enhanced Financial Account Information Reporting and how it might affect them. This document should not be construed as tax, legal or financial advice. Client version.
SUPPLIER COMPANY NEWS
Client segregated fund investment credits for 2017
Next steps for 2017 client segregated fund investment credit payments for eligible high-net-worth clients holding Generations Core, I and II segregated funds, Segregated fund Q&A updated to reflect annual segregated fund investment credit processes.
Canada Protection Plan
Webinar: Product Portfolio and how we’re revolutionizing the Simplified issue market (August 29 @ 10am)
Please join Ayal Alalouf, Regional Sales Director, as he presents Canada Protection Plan’s product portfolio and how we are revolutionizing the Simplified Issue market. Prepare to be wowed!
Empire Life Par Insurance: New Lower Juvenile Coverage Amounts, Did you miss the webinar?, An Update Regarding Identification Requirements for Anti-Money Laundering and Anti-Terrorist Financing, Empire Life launches Website to help Canadians with Life & Money Matters.
Webinar: Mortgage Insurance (July 21 – August 18)
This webinar will allow you to learn more about the mortgage insurance market and the needs of your clients in the event of death, serious illness and disability. This one-hour training with credits will allow you to know the best products specific to this market, as well as the target customers to whom they are addressed.
From the desk of… Helene Chatelain
As we start the summer, I thought it would be a good time to let you know about some exciting things we’ve been working on in underwriting, and also share some notable stats.
RBC Term is convertible to Permanent Plans
Still not convinced the RBC Term is convertible to something permanent? Rest assured. Click here to view the RBC YourTerm sample contact section E2: Your Conversion Privilege. Other resources: RBC YouTerm still Convertible, Term 10 and 20 still Convertible, Life Product conversion table.
Webinar: DI Rep School II – Importance and impact of disability definitions (July 26 @ 11:00am)
During this session, Amy Leung will be doing a product review and going through the importance and impact of Definitions found within a Disability Insurance Policy.
Critical Illness insurance, a growing opportunity, Mailing of investment statements, Have you tried our online redemption fee calculator?, Civic Holiday/Heritage Day.
Why you want to share these real-life client stories, Change to CI Global Fund on universal life policies.
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.