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Living Benefits Administrative Updates

October 14, 2021

Here are two updates to note regarding our disability and accident insurance products.

 

Enhanced extension offer

The age 65 extension offer has been improved for Acci-Jet and the Superior Program. It now provides more flexibility to your clients!

 

Acci-Jet clients will now have three extension options. Because the premium increases significantly at age 65, they can opt for the same face amount and increase their premium or reduce the face amount for a corresponding lower premium. 

 

Superior Program clients will now receive a higher total face amount. Instead of offering only non-integrable coverage, for a maximum of $1,200, we now offer coverage which corresponds to maximum 50% of the amount of their non-integrable coverage and maximum 50% of the amount of their current integrable coverage.

 

As always, this offer is for illustrative purposes only and could be modified upon clients' requests, subject to certain conditions. It is for clients who are currently working and provides disability coverage in case of an accident only. 

 

Reinstatement of Acci-7 PLUS contracts

Please note that we will now allow the reinstatement of contracts for this product. In this event, you will have to use form F30-213A intended for this purpose available in the Advisor Centre and the Assure&go platform.

 

A market leader in living benefits, discover our wide range of products that can meet your clients’ needs. Take a look at the documents available in the Advisor Centre and do not hesitate to contact your regional sales director if you have any questions.

 

Topic : Insurance - Living Benefits

Written by iA