On September 22, 2016, Foresters Financial™ announced a number of product changes ahead of the new tax exempt rules coming into effect on January 1, 2017.

In addition to the previously announced changes, we will also be withdrawing Easylife. As this is a simplified issue product, we will be able to accept Easylife applications up to December 16, 2016.

Foresters remains committed to providing our distribution partners and their clients with competitively priced permanent products. We are hard at work on new products and will soon be announcing exciting new additions to our product portfolio.

Below is a complete list of changes and key dates. We will not be able to backdate any policies issued after December 31, 2016.

• Passport Universal Life¹ and Guaranteed Issue Whole Life² will be withdrawn and applications must be received by our office no later than 5 p.m. EST on Friday, November 11, 2016.
• Easylife will be withdrawn and applications must be received by our office no later than 5 p.m. EST on Friday, December 16, 2016.
• We will be adjusting the non-guaranteed cash values of Advantage Plus¹ participating whole life insurance. Premiums and guaranteed values will not be changing. To be eligible for the current non-guaranteed cash values, we strongly encourage you to submit applications for Advantage Plus by November 11, 2016 to allow sufficient time for underwriting and processing. Certificates issued after December 31, 2016 will have the new non-guaranteed cash values.

Please note that you can continue to use the current Application for life and critical illness insurance until the end of the year. The application is coded 105849 CAN (03/16) and available here on our advisor portal, Bluesky. We will be issuing new applications before the end of the year and will send another communication before they are distributed.

You may want to take this opportunity to talk to clients about increasing their permanent coverage or who have term insurance and may be interested in taking advantage of the current non-guaranteed cash values of Advantage Plus.

Below you will find links to a range of Advantage Plus marketing material to share with your clients.