Insurance

Industry

Why BMO Life Assurance’s credit ratings are stable

A.M. Best says its credit ratings for BMO Life Assurance Company (BMOLAC) are stable

By Staff |November 10, 2017

1 min read

Living Benefits

What you should know about EI benefit changes

Parents and caregivers are affected

By Staff |November 9, 2017

2 min read

Industry

What young clients don’t understand

Your younger clients need help to understand their finances. A whopping 82% of young Canadians (18 to 34) feel they don’t have enough financial knowledge or investing smarts, a 2015 CIBC report revealed, while an August 2017 report from Moody’s Investor Service finds that Canadians owe $1.69 for every dollar of disposable income. Household debt […]

By Staff |November 1, 2017

2 min read

Industry

SLi, ivari launch life insurance products

Guaranteed coverage is available up to $50,000 for those aged 40 to 79

By Staff |October 5, 2017

1 min read

More Canadians buying individual life insurance

Canadians are choosing individual life insurance over group insurance. Read: When should young people buy life insurance? As of 2016, individual life insurance accounted for 60% of all life insurance purchased, up from 54% in 2006, reveals an annual report from the Canadian Life and Health Insurance Association. The growth is mostly driven by individual […]

By Staff |September 27, 2017

1 min read

No to tax on insurance products: poll

Most Saskatchewan voters — 73% — oppose the government’s decision to add PST to a range of insurance products, reveals a poll conducted by Maple Leaf Strategies on behalf of Advocis. Read: Tax on insurance premiums in Saskatchewan coming soon Further, 77% say taxing insurance is “unfair,” and 73% say the tax will cause people […]

By Staff |September 18, 2017

1 min read

Desjardins Insurance appoints executives

The following appointments have been made at Desjardins Insurance: In his new role, Langlois heads operations for Desjardins Insurance and all business lines, including individual insurance, group and business insurance, group retirement savings and creditor and direct insurance. He’s responsible for managing the group savings firm Desjardins Financial Security Investments (DFSI) and the SFL and […]

By Staff |September 13, 2017

1 min read

Insurance

Why BMO Life Assurance’s credit ratings are stable

What you should know about EI benefit changes

What young clients don’t understand

SLi, ivari launch life insurance products

More Canadians buying individual life insurance

How life insurance is taxed

No to tax on insurance products: poll

Desjardins Insurance appoints executives

Biggest challenges for insurance industries are…

Millennials forgo travel insurance at their peril