Printer-friendly version
PDF version 
In this week’s issue:
Individual Insurance
1. Canada Life 2016 participating policyowner dividend scale announcement
· The 2016 dividend scale will decrease for Canada Life open block participating life insurance products.
· The dividend scale will decrease for Canada Life closed block participating life insurance products, for all former Crown Life, and all former New York Life participating life insurance products.
2. We’re changing living benefits and life insurance rates
· Includes critical illness, disability insurance and term life insurance
· New prices in effect Nov. 23, 2015
· New illustration software available Nov. 23, 2015
3. November 7 - New Business Now updates
4. Quebec advisors only: Keeping copies of insurance applications including medical and lifestyle information
· To meet your record keeping obligations in Quebec, copies of all insurance applications – including medical and lifestyle information – are required to be kept in corresponding client files.
Wealth
5. Updated! Fund code errors on Canada Life Segregated fund applications
· Recently updated applications (dated 10/15) for registered, non-registered and TFSA segregated funds policies contained errors in the fund code lists.
· Advisor signature and date fields missing from Non-registered application form (English only)
6. British Columbia locked-in accounts and life income fund amendments
· Legislative changes in British Columbia have resulted in updates to locked-in retirement account (LIRA) and life income fund (LIF) addendums.
