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eBulletin: June 11, 2020
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More opportunities with critical illness insurance

  • Term 20 critical illness insurance – introduce this great new option to clients who need affordable, short-term coverage
  • Critical illness insurance term conversion tool – show clients the benefits of converting a term 10 policy to a term 20 policy (within the first five years)
  • You can now illustrate coverage amounts up to $3 million on Canada Life ConcourseTM
  • We've removed fluid underwriting requirements, adults age 18-40, coverage amounts $100,001 to $250,000. And thanks to SimpleProtectTM, you can complete your critical illness insurance application in as little as 10 minutes. Get started today

Reminder to register for the: Canada Life Day – National virtual event on June 17, 2020

  • Hosted by Jim Brownlee, Vice-President MGA Partnerships
  • You can earn continuing education (CE) credits for attending
  • Sessions cover topics such as Canada Life's segregated funds; tax planning in recessions and bear markets and Canada Life's participating insurance
  • You can choose which sessions to attend based on your needs and interests
  • For Mandarin registration, click here

New anti-money laundering legislation coming into effect

  • FINTRAC has released updated Suspicious Transaction Report (STR) guidance
  • Action: update your current AMLTF compliance program to include the addendum

COVID-19: Helping you help your clients

  • We're committed to supporting you and your clients as we see growing concern over COVID-19
  • Check out our COVID-19 landing page with all the information and resources you need to navigate through these unprecedented conditions