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Industry
Manulife today announced its new Synergy insurance product, which combines life insurance, critical illness insurance and disability insurance in one package—with one application, one payment and one plan to manage. “For many of us, the combined risk of disability, illness or death before age 65 is significant and the financial impact can be devastating,” said […]
By Staff |June 23, 2011
2 min read
Life
Advisor.ca is proud to congratulate Yves Bonneau, Editor in Chief of our Quebec affialiate Conseiller.ca, on winning the Kenneth R. Wilson (KRW) Award for Best Editorial in 2010. The KRW Awards recognize the best in Canadian business press journalism. Here is his Gold Award winning editorial: Slowly but surely, genetic testing on humans is making […]
By Yves Bonneau |June 9, 2011
4 min read
Living Benefits
As the drive for accreditation ramps up, advisors wanting to add more letters to their business cards now have another option. The Institute for Advanced Financial Education will offer the Certified Health Insurance Specialist (CHS) designation starting September 1, 2011. This new designation is meant for advisors looking to specialize in the field of living […]
By Melissa Shin |June 1, 2011
1 min read
Canadians are fibbing, fudging and fabricating facts when filling out insurance application, according to a report released by TD Insurance today. Manitoba and Saskatchewan residents were found to be the biggest offenders, the report said. They may be among the most insured in the country, but are also the least likely to think honesty is […]
By Vikram Barhat |April 27, 2011
Health, lifestyle, travel and financial challenges make the process of underwriting insurance for high net worth (HNW) clients more complex than for middle-income earners.
By Al Emid |April 19, 2011
Sun Life Financial and CI Investments have added several new investment options to the SunWise Essential Series lineup, including mandates from Sun Life Global Investments and CI Investments. “Creating secure income for their retirement years is a high priority for Canadians,” said Kevin Dougherty, president, Sun Life Financial Canada. “The additions to the SunWise Essential […]
By Staff |April 13, 2011
Anyone wanting to voice their opinion on the regulations governing banks in the insurance business should speak up—the comment period closes March 4.The federal government rather quietly issued draft regulations that appear to give the stamp of approval to locating insurance branches near banking branches. Under the proposed regulations, Section 10 of the Insurance Business […]
By Steven Lamb |February 17, 2011
The Canadian Council of Insurance Regulators has released an “issues paper” on the managing general agencies model of insurance distribution, and is calling on the industry for input into how the market should be regulated. In some ways, the release of the paper is an admission that regulators still don’t have much of a grasp […]
By Steven Lamb |February 11, 2011
3 min read
Soft drugs, such as marijuana and hashish do not mix well with each other, nor with traditional life insurance. And hard drugs, such as cocaine and heroin, make for an even tougher combination. The considerations go beyond definitions of legality and extend to the insurers’ risk management processes, explains Lorne Marr, a seventeen-year veteran of […]
By Al Emid |January 31, 2011
Critical illness insurance for children presents a good news-bad news scenario for advisors seeking to boost revenues. On the upside, the market is underserved and therefore less competitive. But it remains a difficult sale, as CI usually ranks fairly low on a list of client priorities. “You don’t have a lot of people focussed on […]
By Al Emid |January 18, 2011
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