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Effective November 29, 2017, we are pleased to announce the following 2 enhancements for our Solution Series
product lineup:
• Premium rate decreases for Solution 10 & Solution 20 for coverage amounts of $1,000,000 & up
• A new Solution 30 term life insurance product
These changes will significantly improve our overall competitive positioning for clients who need longer term life
insurance coverage and will provide better value for clients who need higher amounts of term life insurance coverage.
Solution 10 & Solution 20 Premium Rate Decrease Details
• Initial premium rates for Solution 10 and 20 coverage amounts of $1,000,000 & up will decrease:
o Solution 10 – 2.3% on average
o Solution 20 – 3.3% on average
• These premium rate decreases for Solution 10 and 20, shown as a new 5th premium rate banding, are
applicable to:
o All ages & gender
o All risk classes (including Preferred & Elite classes)
o Initial and renewal premium rates for coverage amounts of $1,000,000 & up
New Solution 30 Details
Solution 30 is a longer term life insurance option with an initial term of 30 years, followed by 1 year renewal terms,
all at competitive rates. It is a great life insurance solution for clients who have longer term life insurance needs,
such as covering a mortgage.

To Apply for the New Solution 30
Simply apply online through our Fast & Full Application process. With instant approval and eContract Delivery
capabilities, eligible clients can have their contract delivered within 1 business day.
If using our paper application process, complete:
• Life and Health Insurance Application (D-0082); and
• The NEW Solution 30 insert (D-0082C).
Transition Rules
Solution 10 & Solution 20 new band 5 premium rates:
• For applications received in Head Office after 5:00 p.m. Tuesday, November 28, 2017 (EST) that are approved,
Solution 10 & Solution 20 coverages of $1 million & above will be issued with the new rates.
• For pending “in the mill” applications that are received in Head Office on or before 5:00 p.m. on November 28,
2017 (EST), and are approved and the policy issued after November 28, 2017, Solution 10 and 20 coverages of
$1 million & above will be automatically issued with the new rates, but must be settled by 11:00 a.m. January
31, 2018 (EST).
• Any Solution 10 or 20 coverage of $1 million & above that is issued on or before November 28, 2017 but not
yet settled must be returned to Head Office by December 15, 2017 at 5:00 p.m. (EST) to receive the new rates.
Reference
Yvonne Lau, Product and Pricing Specialist, Insurance Marketing