News
Policy Me launches new guaranteed issue permanent life policy
1+ week, 13+ hour ago (342+ words) Agents should remind clients they may still qualify for traditional coverage with lower premiums, even with an existing condition Policy Me has launched a new guaranteed issue life insurance product with up to $100, 000 of coverage underwritten by Toronto-based life insurance…...
Term vs. permanent life insurance
2+ week, 14+ hour ago (1452+ words) Why the debate keeps stalling " and the one question that ends it There is an argument our industry has been having with itself for as long as I have been in it, and it never quite resolves. It flares up,…...
Mamdani returns to Sun Life with a three-pronged distribution strategy
2+ week, 1+ day ago (743+ words) Insurer looks to grow non-participating life sales through independent agents Three months after returning to Sun Life as senior vice-president of distribution and channel management, Adam Mamdani says he has a three-pronged wealth and insurance distribution strategy focused on providing…...
Canada's best participating whole life insurance product
4+ week, 19+ hour ago (1285+ words) Hint: it has as much to do with company structure as product design Advisors ask this question constantly. In study groups, in online forums, in hallway conversations at industry events. Which par company do you use? Who do you like?...
IA transitions new life applications to new platform
2+ mon, 1+ week ago (381+ words) Existing policies to remain in legacy system From application to contract delivery, i A Financial Group is transitioning its'individual life insurance sales process to a digital experience, the insurer announced earlier this month. The new system, called Moderna, can issue…...
Canada Life's updated par lineup 'aligns incentives"
2+ mon, 1+ week ago (620+ words) Higher renewal comp, longer chargeback schedule aim to match advisor incentives to client interests Canada Life has enhanced its lineup of core participating whole life insurance products, with tweaks made to two existing products and one new product added to…...
Manulife Canada raises insurance underwriting limits
2+ mon, 3+ week ago (232+ words) Changes come weeks after Manulife Singapore issued world's largest life insurance policy Manulife Canada has increased its insurance underwriting limits for high-net-worth (HNW) cases, the insurer said in a note to advisors. The autobind limit (the maximum amount where a…...
Top insurance CEO compensation in 2025
2+ mon, 3+ week ago (386+ words) Manulife, Great-West had leadership changes last year Total compensation in 2025 for each of the CEOs of Canada's largest insurers " Manulife, Sun Life, Great-West Lifeco and Industrial Alliance "ranged from $5. 6 million to $15. 4 million. Manulife and Great-West Life had leadership changes in…...
Sun Life lowers interest rates on some policies
2+ mon, 4+ week ago (213+ words) Changes impact business, personal and legacy products Sun Life has lowered interest rates credited to some insurance policies. The insurer highlighted the changes, which took effect this month, in a recent note to agents. The rates were changed as a…...
Sun Life introduces more level whole life policy compensation
4+ mon, 3+ week ago (494+ words) The move is good for clients, but will industry follow? Sun Life has made the compensation of its Par Accumulator II participating whole life insurance more level beginning Feb. 16, the insurer said in a note to agents. The change decreases…...