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So far Torce has created 22 blog entries.

iA – AODA Mandatory Information

December 27th, 2017|

TO:  ALL ONTARIO BROKERS  In June 2005, the Government of Ontario passed the Accessibility for Ontarians with Disabilities Act ("AODA"). The purpose was to create a barrier-free province by 2025, by incorporating standards that promote dignity and independence for those with disabilities. The OADA is built around the core principles of independence, dignity, integration and equality [...]

Canada Life – What you need to know about LICAT before Jan. 1, 2018

December 19th, 2017|

On Jan. 1, 2018, the Life Insurance Capital Adequacy Test (LICAT) guideline replaces the Minimum Continuing Capital and Surplus Requirements (MCCSR) guideline. LICAT is a new regulatory capital framework for the Canadian insurance industry. The Office of the Superintendent of Financial Institutions (OSFI) establishes capital guidelines (including both LICAT and MCCSR) which federally regulated life insurance companies must [...]

2017 Year-End Closing Dates

December 18th, 2017|

Please find the 2017 Year-End Closing Dates below for each insurance company.  You must submit all requirements (including cheques) to TORCE New Business office by the following dates to guarantee settlement for year end.

Empire Life – Enhancements to Fast & Full Investment Application

November 1st, 2017|

Now available:  Non-Face-to-Face for Non-Reg Accounts.  Use the Non-Face-to-Face Sales option for Non-Registered contracts via the TransUnion Verification of Client Identity process.  Go Back Button.  Edit previously entered client and deposit information before the application is submitted to Docusign. Empire Life is also recognizing advisors with a $50 bonus on their first Fast & Full Investment [...]

IA – 2018 RRSP Roadshow

November 1st, 2017|

To Associates:    Please register directly for the IA 2018 RRSP Roadshow through the 'Register' links below.  Click on the location you wish to attend (i.e. Register - Toronto).  The Register buttons will redirect you to another website where you can fill in your personal information and register. ​   Ontario Locations   Barrie | November 20, 2017 8:30-11:00am The [...]

Sun Life – Latest Enhancements to Sun Life Illustrations Tool (Web Version)

November 1st, 2017|

Starting October 30, 2017, new sales features and enhanced functionality options will be available in the web version of Sun Life Illustrations v4.0.1.  There will be new multi-illustration capabilities and compare features.   Please see below for a detailed summary of the new features:  The new multi-illustration capabilities let you group multiple illustrations within one saved case [...]

Recent Illustration Software Updates – September/October 2017

October 31st, 2017|

BMO  WAVE 35.0 Effective October 23, 2017  BMO Insurance will be introducing the following:  New rates on Term 10, 20 and 30 base plans New terms - Term 15 and Term 25 base plan    Equitable Life Version 17-5 Effective October 2017 New with this Release:  Life and Health The minimum face amount for preferred [...]

Equitable Life – Underwriting Changes

October 20th, 2017|

Please see the Equitable Life  notice below regarding their underwriting changes.  --- Equitable Life has increased their preferred term underwriting minimum from $250,000 to $500,000. Effective October 16, 2017, medical evidence is no longer required on life insurance policies under $500,000 up to age 45 and on critical illness policies under $100,000 up to age 50. [...]