eBulletin: May 2, 2017

Thank you for doing business with Canada Life. Here’s the latest issue of the eBulletin from Canada Life with information to help you in your business with us. Please forward to your advisors where appropriate.

In this week’s issue:

1. New policy change acknowledgement form required if tax status affected

1.  
   • Effective May 1, a new form is required for policy change quote requests that affect the tax-exempt status of a life insurance policy - Acknowledging tax-exempt consequences of my policy change form (17-8957)
   • Client Service will email the form to advisors only if the requested change will cause the policy to lose tax-exempt status
2. Demonstrate the affordability and flexibility of critical illness insurance
   • Help clients see how they can get financial protection without affecting their spending money with the new critical illness insurance affordability calculator
   • Input client’s insurance protection needs and budget information to demonstrate an insurance solution that does not affect a client’s monthly cash flow
   • Walk the client through the customized report during your meeting