Thank you for doing business with Canada Life. Here’s some important information from Canada Life Distribution. Please forward to your advisors where appropriate.
Rules for issuing 2016 policies
Recently, you received details about conditional insurance agreements (CIA) being available to help secure 2016 life insurance products. As Jan.1, 2017 quickly approaches, there’s additional information that’s important for you to know.
Insurers may use a temporary insurance agreement (TIA) or a conditional insurance agreement (CIA) to put coverage in place in 2016 while allowing us to continue medical underwriting into 2017 and consider the policy as issued in 2016.
For more information on submitting 2016 life insurance business with a TIA and/or CIA, refer to the Submitting 2016 life insurance business document.
Reminder: Nov. 1 is a key date for policy changes and placing new business in 2016. For details, visit the Life17 hub.
For more information, contact your MGA, branch office or the Canada Life regional marketing centre nearest you.