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At a time when prices everywhere seem to be going up, the cost of term life insurance at iA went down in 2024 – by up to 24%, to be precise!

In March 2024, we improved the flexibility of the ADO in our iA PAR participating life insurance product. Here are some important clarifications that will allow you and your clients to take full advantage of this solution!

Here are a few changes to the EVO Insurance sales tool that will be effective as of November 22:  

From January 1, 2025, the credited rates of the following two Genesis-IRIS accounts will be increased.

We are pleased to announce an increase to the credited rate for the Smoothed Return Diversified Account (SRDA), which will increase to 3.85% on January 1, 2025 for Genesis 9 and 10 universal life insurance policies.

As of January 1, 2025, the EquiBuild Fund Declared Rate will be 6.0%.

To improve client and advisor experience when making a claim, we have updated the online life insurance form and added an information page before the critical illness form.

For a third consecutive year, iA is increasing the dividend scale interest rate of iA PAR from 6.25% to 6.35% starting January 1, 2025. The illustration of the new rate in EVO will be available during the afternoon of November 22, 2024.

Here are a few changes to the EVO Insurance sales tool that will be effective as of November 15:  

In this mid-year period, stock markets have been generous to investors. Prospects of a global recovery in manufacturing activity and possible rate cuts that could ease central banks’ monetary policies helped support the markets. These movements could support commodities and more cyclical indices.