{"id":75492,"date":"2020-05-20T02:15:15","date_gmt":"2020-05-20T09:15:15","guid":{"rendered":"https:\/\/www.dreamifymedia.com\/wayfinancial\/?p=75492"},"modified":"2020-05-20T02:15:15","modified_gmt":"2020-05-20T09:15:15","slug":"weekly-bulletin-200420","status":"publish","type":"post","link":"https:\/\/www.dreamifymedia.com\/wayfinancial\/2020\/05\/20\/weekly-bulletin-200420\/","title":{"rendered":"Weekly Bulletin 200420"},"content":{"rendered":"<p>Dear Members,<a id=\"post-75492-m_-1425071845024239910__MailOriginal\"><\/a><\/p>\n<p>The weekly bulletin informs members recent initiatives,\u00a0campaigns and more, so check it consistently to stay up-to-date with ways to grow your business.<\/p>\n<p><strong>Carriers Updates<\/strong><\/p>\n<p><strong>Canada Life <\/strong><\/p>\n<p><strong><em>Group Benefits<\/em><\/strong><\/p>\n<p>Canada Life has announced temporary premium reductions for its group benefits plans: <a href=\"https:\/\/s3-us-west-2.amazonaws.com\/assets.cl-toolkit.com\/DMO\/1-Emails\/2020\/DMO-5514\/COVID-19-Premium-Adjustments-Advisor-Groupline-April-17.pdf?cid=eb%7CGroupBenefit%7CCL%20-%20GB%20Advisors%20-%20Premium%20Reduction%20Email%20-%20April%2017,%202020%7CDMO-5513\">https:\/\/s3-us-west-2.amazonaws.com\/assets.cl-toolkit.com\/DMO\/1-Emails\/2020\/DMO-5514\/COVID-19-Premium-Adjustments-Advisor-Groupline-April-17.pdf?cid=eb%7CGroupBenefit%7CCL%20-%20GB%20Advisors%20-%20Premium%20Reduction%20Email%20-%20April%2017,%202020%7CDMO-5513<\/a><\/p>\n<p>Here\u2019s a brief summary:<\/p>\n<ul>\n<li>Dental: 50% premium reduction adjustment will be applied.<\/li>\n<li>Vision: 20% premium reduction adjustment will be applied.<\/li>\n<li>Healthcare (excluding drugs): 20% premium reduction adjustment will be applied.<\/li>\n<\/ul>\n<p><strong>IA<\/strong><\/p>\n<p>Distance-selling for Non-Registered contracts with more than $100,000 now available in EVO.<\/p>\n<p>Total amount of the one-time contribution may be allocated as follows:<\/p>\n<ul>\n<li>Amount lower than $1,000,000 in investment funds<\/li>\n<li>Amount lower than $1,000,000 in Guaranteed Interest Funds<\/li>\n<li>Amount lower than $2,000,000 combined within the Daily Interest Fund+ and the High Interest Savings Account<\/li>\n<\/ul>\n<p>Click on <a href=\"https:\/\/covid-advisor.ia.ca\/non-reg-savings-plans-distance-selling-evo\">https:\/\/covid-advisor.ia.ca\/non-reg-savings-plans-distance-selling-evo<\/a> for more details.<\/p>\n<p><strong>RBC<\/strong><\/p>\n<p>RBC is requiring all deposits to be submitted via One-Time PAD (<a href=\"https:\/\/www.rbcinsurance.com\/salesresourcecentre\/file-848746.pdf\">https:\/\/www.rbcinsurance.com\/salesresourcecentre\/file-848746.pdf<\/a>) \u2013 so no cheque payments allowed.\u00a0 Please see the attached \u201cRBC Covid19 Update\u201d for details.<\/p>\n<p>The attached \u201cRBC Wealthlink Enhancements\u201d gives details on the recently added functions to WealthLink to help you manage business easier amidst COVID-19.<\/p>\n<p><strong>Additional 20% FYC Bonus Campaign for IA Business <\/strong><\/p>\n<p><img loading=\"lazy\" width=\"402\" height=\"522\" class=\"wp-image-75493\" src=\"https:\/\/www.dreamifymedia.com\/wayfinancial\/wp-content\/uploads\/2020\/05\/word-image-24.jpeg\" srcset=\"https:\/\/www.dreamifymedia.com\/wayfinancial\/wp-content\/uploads\/2020\/05\/word-image-24.jpeg 402w, https:\/\/www.dreamifymedia.com\/wayfinancial\/wp-content\/uploads\/2020\/05\/word-image-24-231x300.jpeg 231w\" sizes=\"(max-width: 402px) 100vw, 402px\" \/><\/p>\n<p>In midst of virus fears, a lot of clients has been initiating the request for life and health insurance coverage.\u00a0Let\u2019s all grasp this opportunity to earn an additional 20% FYC bonus this year!\u00a0 Join the webinar on Apr 29<sup>th<\/sup> to learn more.<\/p>\n<p><strong>iA Business Tracker: Set-up now to not miss any information notifications on your business<\/strong><\/p>\n<p>As we have previously mentioned, iA will be launching a Business Tracker to help advisors do business easier.\u00a0 Starting April 26<sup>th<\/sup>, iA will <strong>directly<\/strong> send advisors notifications relating to new business submission, in-force policies, etc.\u00a0 The Tracker will also let you know about business opportunities such as upcoming policy renewals or missing information for a new business and provide you with the relevant form to complete.<\/p>\n<p>If you haven\u2019t already done so, logon to Advisor Centre now to update your notification preferences so you won\u2019t miss important messages on your business.\u00a0 Sign in at ia.ca and click on the Business Tracker tab in the top to set your preferences.<\/p>\n<p><img loading=\"lazy\" width=\"590\" height=\"293\" class=\"wp-image-75494\" src=\"https:\/\/www.dreamifymedia.com\/wayfinancial\/wp-content\/uploads\/2020\/05\/word-image-25.jpeg\" srcset=\"https:\/\/www.dreamifymedia.com\/wayfinancial\/wp-content\/uploads\/2020\/05\/word-image-25.jpeg 590w, https:\/\/www.dreamifymedia.com\/wayfinancial\/wp-content\/uploads\/2020\/05\/word-image-25-300x149.jpeg 300w\" sizes=\"(max-width: 590px) 100vw, 590px\" \/><\/p>\n<p><strong>Upcoming Virtual Trainings<\/strong><\/p>\n<p><strong>Role Play 3rd Closing and Objection Handling &#8211; 3 RRSP mistakes and 9 solutions\u00a0 (#8 Interest Deduction) \u2013 Simon Mok <\/strong><\/p>\n<p><a href=\"x-apple-data-detectors:\/\/3\">11am, Wednesday, April 22<sup>nd<\/sup>\u00a0 <\/a><\/p>\n<p><img loading=\"lazy\" width=\"280\" height=\"422\" class=\"wp-image-75495\" src=\"https:\/\/www.dreamifymedia.com\/wayfinancial\/wp-content\/uploads\/2020\/05\/word-image-26.jpeg\" srcset=\"https:\/\/www.dreamifymedia.com\/wayfinancial\/wp-content\/uploads\/2020\/05\/word-image-26.jpeg 280w, https:\/\/www.dreamifymedia.com\/wayfinancial\/wp-content\/uploads\/2020\/05\/word-image-26-199x300.jpeg 199w\" sizes=\"(max-width: 280px) 100vw, 280px\" \/><\/p>\n<p>Click on the link below to see what top sales, Simon Mok, has to share with you this month on creating needs for clients and closing the sale.<\/p>\n<p><a href=\"https:\/\/us04web.zoom.us\/j\/7073259199\">https:\/\/us04web.zoom.us\/j\/7073259199<\/a><\/p>\n<p><strong>Long Term Care Insurance 2nd Series \u2014 SL Viola Lam<\/strong><\/p>\n<p><a href=\"x-apple-data-detectors:\/\/3\">11am, Friday, April 24<sup>th<\/sup>\u00a0 <\/a><\/p>\n<p>Find out how to close more business by incorporating LTCI from SL&#8217;s presentation.<\/p>\n<p>Register in advance for this webinar:<\/p>\n<p><a href=\"https:\/\/sunlife.zoom.us\/webinar\/register\/WN__gjbp87gRHmhKNVysXdHxw\">https:\/\/sunlife.zoom.us\/webinar\/register\/WN__gjbp87gRHmhKNVysXdHxw<\/a><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Notice from the Insurance Council of British Columbia<\/strong><\/p>\n<p>The coronavirus (COVID-19) outbreak is causing widespread concern and increasing economic hardship for consumers, businesses and communities. During this unprecedented time, be mindful that there shall be no personal financial dealings with clients.<\/p>\n<p>Some examples of personal financial dealings are:<\/p>\n<ul>\n<li>Paying premiums on behalf of the client<\/li>\n<li>Loaning money to the client<\/li>\n<li>Depositing funds into the client&#8217;s investment contract<\/li>\n<\/ul>\n<p>Conflict of interest is defined as any activity or relationship that places the advisor in a position where their professional and personal interests conflict. Please refer to the Council Rules and Council Code of Conduct for further details.<\/p>\n<p><a href=\"https:\/\/www.insurancecouncilofbc.com\/Website\/media\/Shared\/Licensee%20Resources\/Resources\/Council-Rules.pdf\">https:\/\/www.insurancecouncilofbc.com\/Website\/media\/Shared\/Licensee%20Resources\/Resources\/Council-Rules.pdf<\/a><\/p>\n<p><a href=\"https:\/\/www.insurancecouncilofbc.com\/Website\/media\/Shared\/Licensee%20Resources\/Resources\/Insurance-Council-Code-of-Conduct.pdf\">https:\/\/www.insurancecouncilofbc.com\/Website\/media\/Shared\/Licensee%20Resources\/Resources\/Insurance-Council-Code-of-Conduct.pdf<\/a><\/p>\n<p>Anyone who breaches the Council Rules and Council Code of Conduct may be subject to possible termination and may be reported to Regulators to determine if further disciplinary action is required.<\/p>\n<p><strong>Advice on the Roles &amp; Duties of Non-Licensed Assistants<\/strong><\/p>\n<p>Attached is a summary of the roles &amp; duties of non-licensed assistants as deemed appropriate by the different carriers for your reference.\u00a0 Do incorporate it into your business practice to ensure compliance standards are met.\u00a0 Please feel free to reach out to Stephen Lai (<a href=\"mailto:stephen.lai@wayfinancial.ca\">stephen.lai@wayfinancial.ca<\/a> or 604-279-0866 ext. 114) for further advice if necessary.<\/p>\n<p><strong>Events Schedule \u2013 May (Updated)<\/strong><\/p>\n<p>The updated Events Schedule for May is attached for your reference.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dear Members, The weekly bulletin informs members recent initiatives,\u00a0campaigns and more, so check it consistently to stay up-to-date with ways to grow your business. Carriers Updates Canada Life Group Benefits Canada Life has announced temporary premium reductions for its group benefits plans: https:\/\/s3-us-west-2.amazonaws.com\/assets.cl-toolkit.com\/DMO\/1-Emails\/2020\/DMO-5514\/COVID-19-Premium-Adjustments-Advisor-Groupline-April-17.pdf?cid=eb%7CGroupBenefit%7CCL%20-%20GB%20Advisors%20-%20Premium%20Reduction%20Email%20-%20April%2017,%202020%7CDMO-5513 Here\u2019s a brief summary: Dental: 50% premium reduction adjustment will be applied. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/www.dreamifymedia.com\/wayfinancial\/wp-json\/wp\/v2\/posts\/75492"}],"collection":[{"href":"https:\/\/www.dreamifymedia.com\/wayfinancial\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dreamifymedia.com\/wayfinancial\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dreamifymedia.com\/wayfinancial\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dreamifymedia.com\/wayfinancial\/wp-json\/wp\/v2\/comments?post=75492"}],"version-history":[{"count":1,"href":"https:\/\/www.dreamifymedia.com\/wayfinancial\/wp-json\/wp\/v2\/posts\/75492\/revisions"}],"predecessor-version":[{"id":75496,"href":"https:\/\/www.dreamifymedia.com\/wayfinancial\/wp-json\/wp\/v2\/posts\/75492\/revisions\/75496"}],"wp:attachment":[{"href":"https:\/\/www.dreamifymedia.com\/wayfinancial\/wp-json\/wp\/v2\/media?parent=75492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dreamifymedia.com\/wayfinancial\/wp-json\/wp\/v2\/categories?post=75492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dreamifymedia.com\/wayfinancial\/wp-json\/wp\/v2\/tags?post=75492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}