BridgeForce News | August 24, 2020
BridgeForce Updates
Headlines
Liberals to replace CERB with new benefit, introduce simplified EI program
The federal Liberals are rolling out a $37-billion income-support plan for workers whose earnings have crashed during the pandemic.
A guide to the new EI and the government’s three new benefits for workers
The federal government is switching up its relief programs for unemployed Canadians after doling out $69.37 billion to 8.61 million people across the country whose jobs were impacted by Covid-19. Here’s a look at how the new programs will work…
Compliance
FSRA sets proposed standards for planners, advisors
Reps who want to call themselves “financial planners” will have to clear a higher bar than those that aim to identify as “financial advisors” under proposed new minimum standards from the Financial Services Regulatory Authority of Ontario (FSRA).
Advisor Education
CE-Now On-Demand from CE-credits.ca
CE-Now is the On-Demand service from CE-credits.ca that is unlike any other on-demand service you have ever seen. No narrated slideshows, and no fake webinars, just video recordings of live events!
CE-Now is the CE solution that you are looking for. You get the convenience of On-Demand, coupled with the choice to select any of the 159 presentations available.
Best of all, you can earn all the CE Credits you need for only $300 per year with the Unlimited CE Plan.
Tech Tips
5 ways to protect yourself from COVID-19 scams
COVID-19-related scams are on the rise. In some cases, cybercriminals are using the Canada Emergency Response Benefit (CERB) or ads for protective gear to lure you into clicking links that could steal from you or lock your information. Protect yourself by understanding how you could be targeted, and take some simple steps to shore up your defences. Here are five steps you can take right now on any device to protect yourself.
Cyber Security Best Practices for Advisors
COVID-19-related scams are on the rise. In some cases, cybercriminals are using the Canada Emergency Response Benefit (CERB) or ads for protective gear to lure you into clicking links that could steal from you or lock your information. Protect yourself by understanding how you could be targeted, and take some simple steps to shore up your defences.
Computer Picks
- Microsoft Surface Pro 7 – $1,399
Core i5, 8GB RAM, 128GB SSD, 12.3-inch display + Type Cover - Microsoft Surface Laptop 3 – $1,199 (SALE)
Core i5, 8GB RAM, 128GB SSD, 13.5-inch display - Dell Vostro 13 – $1,019 (SALE)
Core i5, 8GB RAM, 256GB SSD, 13-inch display - Dell Vostro 14 – $999
Core i5, 8GB RAM, 256GB SSD, 14-inch display
Where to Purchase
It is strongly recommended to purchase computers from the Microsoft Store or Dell.
Supplier Company News
Blue Cross
Removal of the insurance certificate from our letters
For greater clarity and a better client experience, we have made some updates to correspondence that is sent to our clients.
Canada Protection Plan
Cross-sell summer incentive (Jul 6 – Aug 31)
Get MORE from Canada Protection Plan when you combine your client’s Life and Critical Illness application! Every Life application and Critical Illness application settled together on the same client, receive a gift card…
Desjardins Insurance
The Helios2 Contract is transforming soon
Learn more about these changes as the Helios2 Contract takes the next step in its evolution.
Empire Life
Updated Underwriting Guide Available – Critical Illness Included
The Underwriting Department is pleased to announce that updates have been made to the Life Insurance Underwriting Guide to include guidelines for Critical Illness.
Staying disciplined as speculation heats up
In this issue of From the Desk of the CIO, Ian Hardacre shares his views on the current equity markets. Ian also discusses the importance of active management and how a good asset allocation practice can improve a portfolio’s risk-return profile.
Dividend Scale Announcement for Empire Life Participating Plans
We are pleased to announce that the dividend scale for Empire Life participating products will be maintained at current levels until June 30, 2021, as approved by our Board of Directors earlier this year.
Sales Campaign: Summer Fun Contest (Jul 1 – Sep 30)
Foresters Financial
New build calculator
We’re making it easier and faster to get a tentative underwriting assessment for your clients based on age and weight. Foresters Financial has created a simple build calculator to help you quickly determine your clients’ eligibility. You no longer need to search through long build tables.
Advantage Plus presentation
You’re a strong presenter in person. That means you already have the skills to excel virtually. To help you, we’ve put together a new client-facing presentation for Advantage Plus.
Sales Campaign: The non face-to-face advantage (May 19 – Sep 30)
Foresters Financial is celebrating the addition of Advantage Plus participating whole life insurance and LifeCare2 critical illness insurance to our online non face-to-face process with a very special promotion.
Muskoka Getaway (June 1 – September 18)
Foresters Financial™ would like you and a guest to join us for a relaxing
getaway in beautiful Muskoka from October 2 to 4, 2020.
iA Financial
The economic risks from a possible second wave
This week, we watch the economic risks from a possible second wave in the fall and explain why the Canadian economy is well positioned to outperform in the second half of the year.
Economic recovery in doubt with the resurgence of cases of COVID-19
Risk factors are starting to emerge around the globe. The pandemic continues and while the first wave has passed, there is still the possibility of a second wave in certain countries.
4 tips for being more effective when posting content on Facebook
Facebook is one of the largest online communities. It’s the perfect place to grow your business and expand your professional networks. It is therefore important to be very active on Facebook. Posting regularly on Facebook is investing in your career and showing your desire to succeed. It’s also an excellent way to maintain long-lasting relationships with your clients. However, it requires excellent organization on your part.
ivari
Underwriting requirements
Get up to date with ivari’s current Underwriting Requirements by checking out this flyer on ivari.ca or in the mobile app.
5 tips for cyber security
Check out this video for five quick and helpful tips on how to be Cyber-Safe when working remotely.
La Capitale
Electronic signature and security seal
The context created by the pandemic increased our use of the electronic signature. We would therefore like to remind you of the instructions related to using this process.
Sales Campaign: Climb to the top of our charts (Aug 3 – Sep 25)
Record the biggest hit of the summer between August 3rd and September 25th and climb to the top of our charts! This campaign includes life insurance and living benefit sales (issued policies).
RBC Insurance
Are you looking for CE Credits?
When COVID-19 became a global pandemic, many of us had to change the way we operate almost overnight. With in-person seminars and events seemingly a thing of the past, some advisors found themselves wondering how they would continue to earn Continuing Education (CE) credits. If you’re looking for opportunities to earn CE credits while learning about RBC Insurance® disability products, look no further.
SSQ Insurance
New premium calculator
Life moves pretty fast. That’s why we just launched a line of 100% digital products that help you and your healthy clients move even faster!
Sun Life
Engaging the Female Market
Women create, control and influence an enormous amount of wealth. The income earned and financial assets controlled by Canadian women will grow over the next 10 years. If you’re working with couples, there’s a high likelihood that your primary relationship will eventually be with the wife. This can be a risk to your business if your primary relationship is with the husband. Engaging women in a way that’s meaningful is crucial to retaining assets and growing your business.
Advisor Best Practices
From brand to Client service, video marketing to Client management, marketing tips and multi-generational Clients, our resources and planning guides cover best practices to grow your business.
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.