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Insurance rate changes
Submitted by Krishan on May 18, 2023 - 11:01am
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Canada Life 
Insurance news and offers
 
New competitive universal life level cost of insurance rates
These competitive rates have an overall average decrease of 4.5% that will mainly benefit single life ages 40+. Capture sales opportunities in important client segments with the new universal life cost of insurance (COI) rate changes. Your illustration software v4.9 will be automatically updated on May 29, 2023, reflecting updates from the universal life reprice and previously announced 2023 dividend scale changes. Transition rules are available on our resource page.
 
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