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:
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- Effective May 29, some universal life insurance cost of insurance rates are increasing
- Other changes include reduced interest option defaults and maximums, as well as fund name changes
- Premium tax increases being applied to universal life insurance payments
- Premium tax increases in Alberta, Quebec, Newfoundland and PEI being applied to universal life insurance payments effective July 1, 2017
- Clients to be notified in advance
- New tools to help you document sales suitability