News and resources for Canada's top financial advisors
Life
Effective June 16, 2012, Manulife is changing the level cost of insurance (COI) and yearly renewable term (YRT) rates for Universal Life (UL), as well as rates for Term-Life (Family Term and Business Term) and Lifecheque. It is also removing the limited-pay premium durations for new LivingCare policies.
June 1, 2012
1 min read
Industry
Investing in insurance will become more costly
By David Wm. Brown |June 1, 2012
2 min read
Everyone likes a deal—when laundry detergent is on sale, you stock up because you know eventually you’ll need it. The same could be true of life insurance, and your client could benefit from a volume discount by buying more.
By Al Emid |May 23, 2012
5 min read
Estate Planning
When completing insurance applications for clients, it’s often necessary to address touchy subjects—sometimes hitting on potentially embarrassing issues such as clients’ spending habits, their medical histories and even the quality of their marriages. But it’s a process that’s critical if we are to help people effectively plan for their financial futures.
By Bruce Cumming |May 21, 2012
6 min read
With insurance companies pulling back from guaranteed income products , many are saying the time to buy them, or any annuity based offerings for that matter, is now.
By Staff |May 17, 2012
Did you know that there are still lots of endowments in existence and that the endowment is a life insurance oxymoron?
By Helena Smeenk Pritchard |May 16, 2012
Canada’s insurance industry isn’t shrinking from the proposal for a closer regulatory oversight. But key stakeholders say lots remains to be done to fulfil the regulators’ mandate.
By Vikram Barhat |May 10, 2012
3 min read
Canada’s insurance regulators are considering closer oversight of the relationship between carriers and managing general agencies (MGA). While the industry has taken steps to govern itself, it may not be enough to stave off closer regulatory supervision.
By Vikram Barhat |May 8, 2012
A lot of single women are concerned about outliving their money. Longevity, however, isn’t the only drag on their assets.
By Kanupriya Vashisht |May 1, 2012
The Empire Life Insurance Company has launched a new iPad application that provides simple, fast quotes on up to four term insurance products at once.
By Staff |April 27, 2012
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