Payout Annuity

It would provide a guaranteed income for life or for a term the person/client chooses.It is an ideal product for individual or clients who want worry- free income with no active investment management, for those who have the potential for maximum income over a lifetime because of the mortality credits. Talk to you as client who want a retirement plan that includes Money for life. The SunWise Essential Series segregated fund contract with guaranteed minimum withdrawal benefits (GMBW) is for the individuals looking for the growth potential of investment funds and guaranteed retirement income, combined with the benefits of an insurance contract, including estate planning advantages and potential creditor protection. The GMWB provides a guaranteed, predictable annual income available at age 65, of at least 5% of their deposits for life, regardless of market performance.

SuperFlex accumulation annuity income from interest option and Incomr Master RRIF (WSD) You as a client would receive a guaranteed growth with daily , qurterly, and annual interest rate options with the superflex accumulation annuity. They can receieve interest income to their bank account.

SLF Trust GIC, SunGIC Max interest income option is ideal for those who are risk averse and looking for guaranteed interest rates with control over investment direction. taking income from growth allows clients to preserve invested capital.

If your visitor is staying for several months, there are two approaches to offering protection.

First, if the client is concerned about premium dollars up front, select coverage for a portion of their trip, and extend (there is no waiting period if the coverage is seamless). The key consideration is that if the visitor has made a claim in the first three months, the request to extend coverage may be denied depending on the circumstances.

The second option is to suggest VTC coverage for the entire trip (up to 365 days with the ability to purchase a subsequent policy). If the visitor has not made any claim against the policy and returns home early, a refund may be requested for the unused days. The minimum for a refund request is $25.

In case of VTC travel insurance for someone who is already in Canada, it is still possible to purchase coverage. If the visitor has been here for less than 30 days, the waiting period is 48 hours. If the visitor has been here for a month or more, the waiting period is 8 days.

Citizenship and Immigration Canada recently introduced the new Super Visa which allows parents and grandparents of permanent residents in Canada to stay in Canada for up to 24 months.

Super Visa applicants must demonstrate that they have purchased one year of Visitors to Canada travel insurance (Supervisa Insurance) with a minimum coverage of $100,000.

What if something really serious unfortunately did happen to you or a member of your family? You and your family will be most vulnerable to unexpected expenses and costs which are not covered by the government health plan, such as the following below :

• Major illnesses requiring expensive drugs
• Major dental work
• Prolonged hospital stays
• Homecare
• Medical equipment
• Illness while travelling

A Flexcare Health and Dental Plan can protect you from these unexpected, expensive costs.

If you have you added up how much your out-of-pocket health care expenses actually do cost you each year then you might know that you may be paying more than you think. Take into account eye exams, glasses, contact lenses, dental checkups and annual X-rays, prescription drugs and massages.For only a few dollars a day, the Flexcare ComboPlus starter plan can provide you with basic health and dental coverage.

for more information please consult a licensed adviser or call us now

These Products will provide you with the choices you need to plan for your family’s financial security. You may select from a wider range of competitively priced products to meet all your protection needs as a client. Products also include a conversion option that allows you to convert all or part of the coverage to permanent insurance without further evidence of insurability.  This means you can buy term insurance now and convert to permanent insurance at a later date when your budget allows , which is a very flexible option for you and these term policies can also be renewed without providing evidence of insurability for subsequent fixed terms.

1. Provide financial security for your partner and children
2. Pay off a mortgage
3. Provide for your children’s education
4. Protect your family’s business interests
5. Provide cash for future investments

A unique feature under the of SunUniversalLife that can help improve your long-term policy values. Although it doesn’t appear in first year cost of insurance COI comparisons, the unique cost of insurance discount offered with SunUniversalLife policy investment bonus option is an important feature because it rewards clients who over-fund their SunUniversalLife policy.

While the amount of the discount will also vary with the age of the insured and the funding ratio , the reduction in cost of insurance can be as high as 20%.The discount starts in Second year and can continue for the life of the policy*.

So why is this “win-win” for you as a client:

By making extra payments to their SunUniversalLife policy, you as clients can achieve higher long-term growth in a tax-deferred product. And with the discounted cost of insurance charges, a higher percentage of the payment accumulates for you as a client rather than paying charges that would otherwise be payable if they didn’t have the discount. Make a call to us now ( +1-800-283-5467 ) as your Universal life Insurance Agent .

* Ask your Regional Sales Director for specific details regarding how the COI discount works. COI discount varies by age, premium structure (YRT vs. level COI) and funding ratio.

The low interest rate climate has also led DFS to reduce the minimum
guaranteed rates for guaranteed investments options (GIOs) for Pace UL.
Effective June 13th 2012, the new minimum guaranteed rate, with a minimum
deposit of $5,000, for the 5-year GIO is 0.5% and 1.5% for the 10-year GIO.

Transition Rules for the rate increases and the new minimum guaranteed rate
for GIOs

Contracts will be issued based on the old rates if the application and
illustration are received at Head Office by mail, fax or e-mail on or
before June 26th 2012.
A contract issued with the old rates must be settled within 40 days of
the underwriting approval date.

If the above conditions are not met, the new rates will apply to the
contracts.  No exceptions will be made.

There are reduction of the Term 10 and Term 20 rates (Term Life insurance)

It is very pleasing to announce that the rates for the Term 10 and Term 20 (Term Life insurance)will
be reduced as of June 13th, 2012. These reductions will be applicable to both
traditional and Pace UL Term 10 and Term 20(Term Life insurance).

New Exchange Option for the Term 10

Desjardins Financial Security (DFS) Term Life insurances are among one of the most
flexible on the market, and our innovations do not stop us there only. The new
Exchange Option available for both traditional and Pace UL Term 10 (Term Life insurance) will allow the exchange of Term 10  during its first 5 years and without medical evidence for a Term 20 or Term 30(Term Life insurance).

This rejection in some cases was despite the fact that $2,200 was paid for the return ticket and another $6,000 towards Super Visa health insurance coverage for their parents, which is pretty frustrating for an individual.

And to my understanding i do not know why it is uncertain whether the amount spent will be returned by CIC or not . Making a trip to visit their parents costs several dollars for each trip. So, it is natural that they may invite their parents to visit them.It’s not just the high rate of visa rejections that is bothering many of the children wanting to sponsor their parents through Canada Super Visas , but there are other loopholes also. As per Canada Super Visa rules, parents and grandparents are allowed to move in and out of Canada for visiting their family over a period of 10 years while having a stay of up to two years during each time.