With investors being more informed, they are less likely to sue their advisors if their investments go south
The provincial regulator’s recent examinations of life insurance agents revealed several gaps in compliance, especially as they relate to disclosure
Insurers may need to tweak the consent process to protect clients
Many clients are unaware of the limitations of their travel health insurance until they make a claim. You can help ensure your clients have the policy they need and have an adequate understanding of their coverage
Advisors will be able to use Kronos Technologies’ and Life Design Analysis’ offerings to improve their effectiveness and productivity
HuGO, the new program, is web-based, paperless, and does not require a client signature, while policies under the program can be bought only through licensed insurance advisors
While tax exemptions that apply to some permanent life insurance policies will be tightened up next year, advisors insist insurance will remain a valuable tax-planning tool: "It's just going to be a new reality"
Good behaviour can earn points toward reducing premiums
The insurer’s new program is focused on rewarding healthy living by giving discounts on policies to clients who track their fitness levels and other key health-related data
Many people have a negative perception of life insurance sales