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Submitted by Brett on September 28, 2023 - 9:00am
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PDF version | View in browser | Afficher dans le navigateur | |  | | | | | Canada Life My Term reprice and enhancements are coming | On Oct. 10, Canada Life My Term™ rates will become even more competitive across all term lengths. We’re also adding a new rate band for policies with face amounts of $2,000,000 to $4,999,999. This means even lower costs for clients looking for higher coverage amounts. Some reductions could be as high as 16%.
Our eligibility ranges for preferred rates are changing too. And you can benefit from changes to our illustrations, and SimpleProtect™ and web applications. With these updates, you will be able to illustrate and apply for up to $25 million, an increase from $20 million.
With the most flexible term lengths in the market, and with rate reductions, Canada Life can help your clients get the insurance protection they need, at a more affordable price. | | | |
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| | | | Why are seasoned advisors choosing Canada Life Elevate for large insurance cases? | Sim Gakhar is the CEO and Founder of SG Wealth Management Corp. She’s an insurance‑based tax and financial planning solutions advisor who serves high‑net‑worth clients across Ontario.
With each client, Sim aims to build policies and solutions that consider her client’s current needs, affordability and financial goals.
Learn why Sim chooses Canada Life to place her large insurance cases. | | | | We’re adding disability insurance to Canada Life Illustrations | Starting Oct. 10, you’ll be able to create disability insurance illustrations in web-based Canada Life Illustrations. This is in addition to illustrations for term life, participating life (including Canada Life My Par Gift™ insurance solution for planned charitable giving), and critical illness insurance.
There’s never been a better time to start using Canada Life Illustrations. Once we’ve added all products to Canada Life Illustrations, we’ll continue to plan to decommission the Concourse desktop version.
Start using Canada Life Illustrations through Workspace today.
Need to register for Workspace? Sign up here. | | | | | | | |
| | | Canada Life and design, and other marks followed by the ™ symbol at first time of use are trademarks of The Canada Life Assurance Company. If you don't want to receive these updates, you can unsubscribe here.
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