| Illustration software (version 5.0) is now available | Available today, the new version of Canada Life Concourse™ includes the following changes:
- New Canada Life My Term™ rates that are more competitive across all term lengths.
- 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%.
- New eligibility ranges for preferred rates.
- Ages 18 to 45 – available for face amounts of $2,000,000 and higher. Previously available for face amounts $250,000 and higher.
- Age 46 and older – available for face amounts $500,000 and higher. Previously available for face amounts $250,000 and higher.
- Illustrations for up to $25 million, an increase from $20 million.
| Web-based Canada Life illustrations has been updated with the latest term rates and banding and now includes disability insurance.
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.
It’s easy to update with AutoUpdater – just open your current version of Concourse. Be sure to complete both parts of the update. |
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