Life

Canada Life offers CITS-approved inforce feed Fallback Image Decorative pattern

Industry

Canada Life offers CITS-approved inforce feed

Canada Life has announced it is now offering a new Canadian Insurance Transaction Standardization (CITS)-approved “inforce” data feed to managing general agencies and national accounts with which it deals. The company already offers a CITS “pending” business-to-business feed. Together the feeds allow distributors to easily access information on both their inforce and pending business with […]

By Staff |January 10, 2011

1 min read

Hub International goes shopping Fallback Image Decorative pattern

Industry

Hub International goes shopping

Hub International Limited, the Chicago-based parent of Hub Financial, has acquired the assets of Phoenix Insurance Group Grande Prairie Inc., an Alberta-based insurance brokerage and part of the overall Phoenix Insurance Group. The firm will become part of Hub International Barton (Hub Barton) within the Hub International Canada West region. The three partners of the […]

By Steven Lamb |January 5, 2011

2 min read

New Year resolutions: Promising by yards, performing by inches Fallback Image Decorative pattern

Industry

New Year resolutions: Promising by yards, performing by inches

To many Canadians, a New Year’s resolution is something that goes in one year and out the other. And that’s perhaps why their health problems last longer than their New Year’s resolutions, as the recent Sun Life Financial study found. One of the key findings from the online survey, which included 1,586 adults, revealed that […]

By Vikram Barhat |December 21, 2010

2 min read

The critical illness claims process Fallback Image Decorative pattern

Life

The critical illness claims process

I recently returned from a Million Dollar Round Table (MDRT) meeting held in Vancouver, where I had the privilege of conducting a session entitled How to Package the Critical Illness Sale. The hour-long presentation discussed the importance of critical illness insurance, reasons why it should be integrated into an estate plan and a methodology of calculating the amount of critical illness insurance and the plan designs. I also discussed underwriting, presenting the case and the claims and adjudication process we follow in our office.

December 1, 2010

3 min read