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Thank you for doing business with Canada Life. Here’s the latest issue of the eBulletin from Canada Life with information to help you in your business.

In this week’s issue:

 Individual Insurance

1. Policy change guide: life insurance policy changes in 2016 and 2017 

• An extensive policy change guide delves deeply into the details about each policy change, including transition rules.

• Look up policy changes by product type and details by type of policy change. 

 2. Updated line of credit documents available

•  The updates are focused on the following minimum credit line limits:

  •  BMO increased its minimum limit from $500,000 to $1 million

  •  Scotia increased its minimum limit from $100,000 to $400,000

Wealth

3. New borrowing-to-invest process

•  New form required with investment loan applications

  • Exposure to high-risk funds limited to 25 per cent

  • National Bank of Canada and B2B Bank investment loans impacted

 4. New Wealth Management Operations updates

•  Update to the Transfer Authorization for Non-Registered Investments (TANRI) form