The weekly bulletin informs members recent initiatives, campaigns and more, so check it consistently to stay up-to-date with ways to grow your business.
Carriers’ Non-Face-to-Face Updates
Canada Life
The current guidelines for non-face-to-face is found on RepNet: Non-Face-to-Face Guideline
New allowance for using electronic signatures for specific investment transactions are also made. See the attached document for more details: CL COVID-19 E-signature – Wealth.
Last week’s presentation on its Early Value Par – Wealth Plus is attached for your reference.
Equitable Life
There are new guidelines for non-face-to-face business transactions as per the attached document: EQ NFTF EZComplete.
Find out more at the webinar this Friday, April 3rd, at 11am.
iA
Policy delivery receipt not required for standard cases – Insurance coverage takes effect on the issue date and premium payment to be drawn a few days later. Exceptions apply. More details in the attached document: iA Insurance Contract Delivery
Non-face-to-face investment business is allowed for registered accounts. More details in the attached document including how to check identity over videoconferencing: iA Savings Tailored processes for Non-Face-to-Face Business Deals
Join the webinar this Wednesday, April 1st, at 11am to find out more.
Answers to questions on the impact of COVID-19 to the insurance products are found in the attached: iA COVID-19 Critical & Disability Illness
The presentation from last week’s training is also attached which details underwriting updates, Cancer Guard, disability and hospitalization benefits of Acci7 Plus and using EVO efficiently, especially for non-face-to-face and e-signatures.
Non-Face-to-Face Allowance for Compliance Package
In support of members’ non-face-to-face business operations amidst social distancing requirements, Way has made it easier for you to meet compliance requirements as follows:
Compliance package for businesses where the carriers allow for non-face-to-face transactions can also be submitted with a client’s electronic signature if a wet signature cannot be applied. In the rare case that a client cannot apply either an e-signature or a wet one, the client can confirm the documents using the same e-mail account s/he has indicated in the compliance package.
For the sake of clarity, an e-signature is one using computer programs such as docu-sign. A wet signature is where the client physically signs the document. In both cases, a scanned copy is sufficient to meet compliance requirements.
The above arrangements is effective immediately and until further notice. We see some members continue their business production because they have quickly adapted to non-face-to-face means. In fact, clients are also looking for the same support during their prolonged stay at home – a simple greeting or follow-up will surely make your service shine amongst others.
Let’s be versatile and take this opportunity to gain client loyalty and beat your competitors.
RBC PAC $2000 Campaign – two more days!
We already have qualifiers meeting the first tier reward of $750, congratulations! Remember the campaign is to help you kick-start this business model – don’t stop now as you are on track to building your clientele and residual income.
Additional 20% FYC Bonus Campaign for IA Business
Make use of iA’s non-face-to-face opportunities to earn an additional 20% FYC bonus from your businesses – some members are doing it already and on track to getting this extra bonus.
Upcoming Virtual Trainings
Market & Investment Opportunities Using IA’s e-Apps and Non-Face-to-Face Support – IA Hilda Ng
Join this session to discover opportunities using e-Apps and non-face-to-face support.
Click on the link to login at that time.
https://zoom.us/j/230004367?pwd=ZUVtVnptU204WWRDakNGNSttdFRUQT09
Non Face-To-Face E-app & E-Signatures — EQ Monica Zhang
Do not miss this opportunity to update yourselves on non-face-to-face E-apps and E-signatures.
Click on the link to login at that time.
Real Life Case Studies: RRSP Meltdown – Help Your Clients Tax Efficient Plan their Retirement – COT Carmen Ke
Learn from the best and have COT Carmen Ke help you increase your closing rate and teach you tactics in dealing with different clienteles.
Click on the link to login at that time.
https://us04web.zoom.us/j/277397230
Events Schedule – April (Updated)
The updated Events Schedule for April is attached for your reference.
Holiday Notice
Please note that our office will be closed on:
Friday, April 10th , 2020 (Good Friday)
Monday, May 18th , 2020 (Victoria Day)
Normal operations will resume on:
Monday, April 13th , 2020