{"id":75497,"date":"2020-05-20T02:16:18","date_gmt":"2020-05-20T09:16:18","guid":{"rendered":"https:\/\/www.dreamifymedia.com\/wayfinancial\/?p=75497"},"modified":"2020-07-28T17:31:45","modified_gmt":"2020-07-29T00:31:45","slug":"weekly-bulletin-200427","status":"publish","type":"post","link":"https:\/\/www.dreamifymedia.com\/wayfinancial\/2020\/05\/20\/weekly-bulletin-200427\/","title":{"rendered":"Weekly Bulletin 200427"},"content":{"rendered":"<p>Dear Members,<a id=\"post-75497-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>How to Request for Fund Switches Accurately &amp; Efficiently<\/strong><\/p>\n<p>This is a friendly reminder to members on how to submit requests for fund switches for accurate and efficient processing.<\/p>\n<p>For cash accounts with Canada Life, iA, RBC, complete the attached \u201cFund Switch Request Template 190116\u201d.<\/p>\n<p>For cash accounts with Manulife, use the attached \u201cML Switch Form\u201d (NN0827E).<\/p>\n<p>For case accounts with Sun Life, use the attached \u201cSL Order Ticket\u201d (4160E)<\/p>\n<p>For investment loans from B2B, use B2B\u2019s own \u201cSegregated Fund Trade Ticket\u201d (100-03-021E) as attached.<\/p>\n<p>For investment loans from Manulife Bank to Manulife Investment, use the same \u201cML Switch Form\u201d (NN0827E) AND indicate \u201cInvestment Loan\u201d on the top.<\/p>\n<p>For investment loans from National Bank to Canada Life, use the attached \u201cCL Change Form for switches\u201d (46-5959).<\/p>\n<p>E-mail your completed forms to Processing Team at <a href=\"mailto:process@wayfinancial.ca\">process@wayfinancial.ca<\/a> and indicate \u201cFund Switch\u201d in your e-mail subject. Submissions before noon will be processed the same day.<\/p>\n<p>Please ensure your submission is clear and that your client\u2019s KYC is up-to-date (2 years\u2019 validity) so Processing can complete your request without delay.<\/p>\n<p><strong>Carriers Updates<\/strong><\/p>\n<p><strong>Assumption Life<\/strong><\/p>\n<p>Assumption accepts non-medical applications for clients up to age 65 for coverage up to $249,999 and may be an additional choice for some of your older clients.\u00a0 See the attached AL Underwriting Requirements.<\/p>\n<p><strong>Canada Life <\/strong><\/p>\n<p>This may be a good time to reassure your clients the financial strengths of our partner carriers.\u00a0Share the attached CL Financial Strengths to also highlight your continued service and support to your clients and their families during these unprecedented times.<\/p>\n<p><strong>Equitable Life<\/strong><\/p>\n<p><strong>Additional Increase to Non-Med Coverage Limits<\/strong><\/p>\n<ul>\n<li>Ages 51-55: <strong>Limits<\/strong> up to (and including) $300,000<\/li>\n<li>Ages 56-60: Limits up to (but not including) $100,000<\/li>\n<\/ul>\n<p><strong>Learn more about the <\/strong>updated Evidence of Insurability Schedule, how existing and new\u00a0cases are being handled at <a href=\"https:\/\/advisor.equitable.ca\/advisor\/en\/news\/underwriting-updates-including-additional-changes\">https:\/\/advisor.equitable.ca\/advisor\/en\/news\/underwriting-updates-including-additional-changes<\/a> .<\/p>\n<p><strong>Manulife <\/strong><\/p>\n<p>Here is a Mandarin training recording on Manulife\u2019s e-process and underwriting changes presented by Chris Chang on April 17<sup>th<\/sup> for your reference: <a href=\"https:\/\/liveshare.seismic.com\/i\/rVEfG2Ah7l4XH8hAcYRsAJg4EZ4rUZsAgmJCoyDsNT5N___nDpNhPARSMfHLQZIPDrwKtvqdFa___0m9vvoDaMIIz229VPLUSSIGNoAZofkJLoOoKsAQCoEQUALSIGN\"><strong>AMU01_Apr_17_2020<\/strong><\/a><\/p>\n<p>Chris can be reached at <a href=\"mailto:chris_chang@manulife.com\">chris_chang@manulife.com<\/a> or (604)355-4879 for more details.<\/p>\n<p><strong>Upcoming Virtual Trainings<\/strong><\/p>\n<p><strong>New Business Submission Contest: CII, Acci-7 &amp; Life Sweet Spots \u2013 IA Rishu Bains<\/strong><\/p>\n<p><a href=\"x-apple-data-detectors:\/\/3\">11am, Wednesday, April 29<sup>th<\/sup> \u00a0<\/a><\/p>\n<p>Rishu will be announcing an exciting new business submission contest where you get a chance to win with your case submissions. This is on top of the Additional 20% bonus for your annual production this year!<\/p>\n<p>Click on the link to login at that time.<\/p>\n<p><a href=\"https:\/\/www.google.com\/url?q=https:\/\/teams.microsoft.com\/dl\/launcher\/launcher.html?url%3D%252f_%2523%252fl%252fmeetup-join%252f19%253ameeting_MDJjNGZkZGItM2VmNC00MzUxLTllNTctZWE5ZTUwMjMxZmE2%2540thread.v2%252f0%253fcontext%253d%25257b%252522Tid%252522%25253a%252522cc9f55cb-28a1-42fe-947f-a5a399a1ddb6%252522%25252c%252522Oid%252522%25253a%2525225384f211-570f-4caf-96a5-2d58a917be81%252522%25257d%2526anon%253dtrue%26type%3Dmeetup-join%26deeplinkId%3D650d5cd0-9641-466d-a10f-b27db92e5419%26directDl%3Dtrue%26msLaunch%3Dtrue%26enableMobilePage%3Dtrue%26suppressPrompt%3Dtrue&amp;sa=D&amp;ust=1588181363900000&amp;usg=AOvVaw1D4pLdbchebf1Kc9kFYPz4\" target=\"_blank\" rel=\"noopener noreferrer\">Join Microsoft Teams Meeting<\/a><\/p>\n<p><strong>Why Equimax Wealth Accumulator \u2014 EQ Monica Zhang<\/strong><\/p>\n<p><a href=\"x-apple-data-detectors:\/\/3\">11am, Friday, May 1<sup>st<\/sup> \u00a0<\/a><\/p>\n<p>Don&#8217;t miss the presentation new EDO rules and maximum room change and other enhancement to the Par product.<\/p>\n<p>Click on the link to login at that time.<\/p>\n<p><a href=\"https:\/\/teams.microsoft.com\/dl\/launcher\/launcher.html?url=%2f_%23%2fl%2fmeetup-join%2f19%3ameeting_YTc4YWVjZmQtNmI3NS00OTgxLWI3Y2QtOTlhMWI1YzliMzZi%40thread.v2%2f0%3fcontext%3d%257b%2522Tid%2522%253a%25229cd2f3e0-1ada-4309-989f-cd551071902b%2522%252c%2522Oid%2522%253a%25220604481e-664b-4797-a117-4c8cf9b0cb5d%2522%257d%26anon%3dtrue&amp;type=meetup-join&amp;deeplinkId=feeb4756-8455-4f0d-91f8-fa01e08032bf&amp;directDl=true&amp;msLaunch=true&amp;enableMobilePage=true&amp;suppressPrompt=true\">https:\/\/teams.microsoft.com\/dl\/launcher\/launcher.html?url=%2f_%23%2fl%2fmeetup-join%2f19%3ameeting_YTc4YWVjZmQtNmI3NS00OTgxLWI3Y2QtOTlhMWI1YzliMzZi%40thread.v2%2f0%3fcontext%3d%257b%2522Tid%2522%253a%25229cd2f3e0-1ada-4309-989f-cd551071902b%2522%252c%2522Oid%2522%253a%25220604481e-664b-4797-a117-4c8cf9b0cb5d%2522%257d%26anon%3dtrue&amp;type=meetup-join&amp;deeplinkId=feeb4756-8455-4f0d-91f8-fa01e08032bf&amp;directDl=true&amp;msLaunch=true&amp;enableMobilePage=true&amp;suppressPrompt=true<\/a><\/p>\n<p><strong>WeChat Groups<\/strong><\/p>\n<p>Check out the WeChat groups for instant message news and market updates by carriers, as well as the text templates to send to your clients on iA Acci-7 hospitalization benefits, RBC investment protection, and later on, Property Tax Deferral and more.<\/p>\n<ul>\n<li>Social Media &amp; Event Development Group<\/li>\n<li>RBC Winners Group<\/li>\n<li>iA CPB 20%+ Bonus Qualifiers Group<\/li>\n<\/ul>\n<p><strong>News from the Insurance Council of British Columbia<\/strong><\/p>\n<p><strong>Deadline to Complete Continuing Education\u00a0Extended<\/strong><a id=\"post-75497-ceextension\"><\/a><\/p>\n<h5>The deadline for Insurance Council licensees to complete annual continuing education (CE) requirements for 2020 has been extended to the following year, May 31<sup>st<\/sup>, 2021. Licensees will still need to complete annual filing for this year by June 1, 2020 even if you haven\u2019t completed your CE credits yet.<\/h5>\n<p>Go to the Council\u2019s website for <a href=\"https:\/\/app.cyberimpact.com\/click-tracking?ct=2gG2WKQFzGo_FskrP183d7pfTxbROfxO8XLN8v4rjgbrYbvVE5sE-z3i5sZk2-JYZKKuu2zlOuS3qQk4oA3wIZ9SX9Ry7c2PDj1F53H9VoBcc-yxDt_Ex2aBv9-JmIv6\">more information on the extension<\/a>, including a Q&amp;A.<\/p>\n<p><strong>Disciplinary Decisions<\/strong><a id=\"post-75497-discipline\"><\/a><\/p>\n<p><a href=\"https:\/\/app.cyberimpact.com\/click-tracking?ct=pSIeoXmMkDp99ctZeP4ue5YXE8jwEnGiF_1mLOkTlzig6wtzSasiSspzHpSW17XD__IO5GSzJK5X_l7qD3HGO4U8VOe41LRcaSxqxrLfDy1hrN9_68okmf-xqOqs4oRu\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Xueping Ji<\/strong><\/a> was disciplined for contravening the Insurance Council\u2019s Rules requiring licensees to complete continuing education (CE) credit requirements. The licensee was found to have failed to complete the minimum CE credits required. The licensee was fined $3,000 and required to complete the Council Rules Course.<\/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. How to Request for Fund Switches Accurately &amp; Efficiently This is a friendly reminder to members on how to submit requests for fund switches for accurate and efficient processing. For cash [&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\/75497"}],"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=75497"}],"version-history":[{"count":2,"href":"https:\/\/www.dreamifymedia.com\/wayfinancial\/wp-json\/wp\/v2\/posts\/75497\/revisions"}],"predecessor-version":[{"id":75622,"href":"https:\/\/www.dreamifymedia.com\/wayfinancial\/wp-json\/wp\/v2\/posts\/75497\/revisions\/75622"}],"wp:attachment":[{"href":"https:\/\/www.dreamifymedia.com\/wayfinancial\/wp-json\/wp\/v2\/media?parent=75497"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dreamifymedia.com\/wayfinancial\/wp-json\/wp\/v2\/categories?post=75497"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dreamifymedia.com\/wayfinancial\/wp-json\/wp\/v2\/tags?post=75497"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}