Empire Life Insight - July 9, 2020
Submitted by Victoria on July 9, 2020 - 1:58pm
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PDF version New Solution 25™ Term Life Insurance a new alternative to creditor insurance from Empire Life |  |

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We are pleased to announce the addition of Solution 25 to our popular Solution Series® term insurance product portfolio. With an initial term of 25 years, followed by automatic one-year renewals, Solution 25 will be available for both the Fast & Full® Life App and paper applications. As a medium to long-term protection, Solution 25 hits a sweet spot helping your clients to cover needs such as mortgage protection, consumer debt coverage and family income replacement. Visit our Solution Series web page for highlights including new and updated marketing materials. You can also read more details about Solution 25 in the Information Circular, including product and support details. Information Circular Solution Series Web Page | |

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Resuming In-Home Paramedical Services We are pleased to announce that Dynacare and ExamOne have resumed in-home paramedical collection services in most regions across the country, with the exception of areas still considered COVID-19 hotspots by health authorities. We have compiled a list of these areas. As the situation changes rapidly, please check the list regularly: List of Hot Spots |

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Available on demand: New and Classic Life Insurance Strategies Using Additional Deposit Option Watch as David Thomas provides an overview of the Corporate Legacy Builder – one of our top performing life insurance strategies and an industry favourite – and presents ways to optimize this strategy. Go to the Replay |

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Off The Cuff with Geoff Johnston: What a credit downgrade means for Canada In this Off the Cuff video, Geoff Johnston discusses the recent credit downgrade for Canada. Watch the Video |

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eSignature Forms Now Available For Non-Face-To-Face Business Through the new eSignature section on My Advisor Dashboard, you are now able to access online forms and applications that can be signed digitally, starting with the C-0170(a) Electronic PAD Agreement form for insurance. Updates will be provided as more forms and applications are enabled for eSignature. Not registered yet? My Advisor Dashboard can make your life easier with real time application statuses and self-service transactions, and we continue to enhance it with features that you have been asking for. Learn More |

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Go deeper into Sequence of Returns with our new StepUp series Peter Wouters has developed a special series of StepUp Newletters to accompany his recent TRIIPSS webinar “Sequence of Returns Risk and Retirement Income Strategies”. In the opening segment, “The Risk of Longevity”, he will review some of the top investor concerns as they approach retirement and some key risks that impact how long savings and income streams may last. Download here In part 2, “Rate of Return and Impact on Accumulation vs. Withdrawal Periods”, he looks at how the order of rates of return may lead to disorder in terms of how long money and income may last during the retirement years. Download here In part 3, “When did you get on the rate of return cycle?”, he answers that important question: Does it matter when the pattern of return starts and someone is drawing an income? Download here |

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Our new on-demand webinar uses case studies showcasing guaranteed income! Did you know that 9 out of 10 Canadians want a lifetime income? Join Peter Wouters in this on-demand webinar as he demonstrates through case studies how to solve for guaranteed lifetime income. These solutions include Class Plus® 3.0, which offers the highest guaranteed bonus in the industry. Watch the Webinar |

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Summer eBundle Bonus! Earn up to 20% more FYC vs. paper using the Fast & Full® Life App Empire Life is pleased to announce a new SUMMER eBUNDLE BONUS for our popular Fast & Full Life App FYC bonus program! At a time when both advisors and their clients are seeking digital options to meet their insurance needs, the Fast & Full Life App has delivered at an unprecedented rate with our simple, fast and easy solutions. Information Circular Campaign Web Page *The additional FYC is bonusable. Available on all life insurance products and applications using the Fast and Full Application. This promotion can be withdrawn by Empire Life at any time. |

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Offer extended! Earn more commission on Empire Life Guaranteed Investment Funds digital deposits For a limited time, all Empire Life Guaranteed Investment Funds (GIF) digital deposits will earn an extra 10% commission. This includes GIF applications using the Fast & Full Investment App, Fundserv deposits via Wire Order, additional GIF deposits processed through the Empire Life My Advisor Dashboard and recurring Pre-Authorized Debit (PAD).1 Learn more 1 The campaign will pay an extra commission on all eligible deposits received and processed into Empire Life Guaranteed Investment Funds contracts - GIF 75/75, GIF 75/100 and GIF 100/100 from January 1, 2020 at 12:01 a.m. (ET) to September 30, 2020 at 4:00 p.m. (ET). All existing recurring Pre-Authorized Debits (PADs) as of January 1, 2020 will receive the GIF digital commission bonus.. |

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Provincial Health Cards as Identification Did you know? FINTRAC, our anti-money laundering regulator, no longer wants the financial sector to accept health cards from any province as AML verification of owner ID. Going forward, if your client does not have a valid piece of photo ID, such as Driver's License, Passport or Photo ID card in lieu, you will need to use the Dual Method. Note health cards may still be used as proof of age on annuities where permitted provincially. |

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Fund Facts updates now complete Our Fund Facts documents for discontinued products have been updated with financial data as at December 31, 2019. They are now available on our website (please scroll down to the bottom of the page). Fund Facts for Discontinued Products |

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