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Illustration software (v4.9) is now available
Submitted by Krishan on May 29, 2023 - 2:59pm
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Canada Life 
Concourse illustration software is now available
 
Available today, the new version of Canada Life Concourse™ now includes the following:

Universal life insurance
  • We've introduced some of our most competitive pricing to date with updates to universal life insurance level cost of insurance (COI) rates. We're also including unique COI rates for joint lives.
Participating life insurance
  • New dividend scale interest rates, effective July 1
  • Updated maximums for additional deposit option
  • Updated maximums for enhanced coverage option
  • Updated one-year term rates for enhanced coverage option
  • New premium deposit account interest rate
  • New variable policy loan interest rate
  • Increased illustration maximums – up to $25 million total coverage for rated and unrated cases.
  • Web-based Canada Life Illustrations
    • As a reminder, you can now illustrate the 2023 dividend scale with our web-based Canada Life Illustrations tool. The new enhanced coverage option maximums are now available. For more details, check out our dividend scale announcement.
    • We’ve also increased the illustration maximums up to $25 million total coverage for rated and unrated cases.
It’s easy to update with AutoUpdater – just open your current version of Concourse. Be sure to complete both parts of the update.

Get further details on how to update and what’s in the new version.
 
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