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Empire Life Insight - January 30, 2019
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January 31, 2019

Commission Bonus – Fast & Full® earns 10% more than paper in 2019

We are pleased to announce that Empire Life is extending the current +10% FYC (first year commission) bonus on life insurance sales submitted through our Fast & Full Life Application. This additional commission is eligible for bonus commission.

Fast & Full saves time and helps you settle apps faster – 3 days vs 27 days for paper applications* –  while reducing printing and delivery costs.

Read information circular 2019-03

*Time to issue for Fast & Full Life Applications using eHQ auto-approval vs. paper applications, Jan - Nov 2018 - Empire data on file.

Empire Life segregated funds win FundGrade A+ awards

We’re pleased to announce Empire Life has won three 2018 Fundata FundGrade A+ awards for Empire Life Asset Allocation Fund, Empire Life Elite Balanced Fund, and Empire Life Premier Equity Fund. The award-winning funds exemplify our conservative, value-oriented, disciplined investment style, with a strong emphasis on providing downside protection to help build wealth.

Find out more about the award winning funds.

Earn $50 for your 1st application submitted via the Fast & Full Investment App

Save time for you and your clients with the Fast & Full Investment App. Completing and submitting an application for a segregated fund contract and transfer form without a single piece of paper is simple and convenient:

Submit your first Fast & Full Investment Application between January 1 and December 31 and receive a $50 bonus on your next commission payment from Empire Life.

Learn more about the Fast & Full Investment App

Did you miss our latest CIO Conference Call?

Missed our CIO Conference Call “Plan for Volatility” or would you like to listen again? The replay is now available.

Join Ian Hardacre and our panel of portfolio managers as they discuss their plans to achieve sustainable future returns by focusing on quality, value and managing risks. Please note that the replay is only available in English.

Go to Replay

Download our 2019 Financial Facts tips sheet!

Our handy tips sheet has everything you need to talk to clients about RRSPs, TSFAs, RRIFs, government pensions and taxes.

Just download it to share or hand out:

Empire Life December 31, 2018 Investment Statements

The Empire Life December 31, 2018 Investment Statements were mailed to customers beginning January 21, 2019. A PDF copy of these statements is available on the Business Centre and you can chose individual or bulk statements as needed.

In an effort to improve the customer experience, all customers will receive an insert with their statements asking them to complete a short survey to share their experiences with Empire Life regarding our products and statements.

For additional information about your customer’s statements, please see Information Circular 2019-04.

Introducing our new phone number dedicated to advisors, MGAs and National Accounts

Starting January 7, 2019, the Advisor, MGA and National Accounts dedicated phone number is changing to 1 800 536-7683 and it will replace all other currently used numbers. For our Customers the phone number will remain the same 1 800 561-1268.  The menu options on this line have also been simplified.

Policyholder tax reporting for 2018 and RRSP season 2019

Deposits to a registered plan received within the first sixty (60) days of 2019 are eligible as a tax deduction for the 2018 or 2019 taxation year. A tax receipt will be issued stating that this deposit was made in the first 60 days of the year. This year, the deadline for a 2018 tax receipt is Friday, March 1, 2019.

Read information circular 2019-01 for important 2018 tax reporting and RRSP season 2019 cut off dates for all Empire Life investment plans.

Enhanced fixed income returns in a low-rate environment

Fixed Income portfolio manager Albert Ngo, discusses the current fixed income environment, his investment approach and philosophy for managing the Empire Life Strategic Corporate Bond GIF.

Download the Q&A

Class Plus 2.1 now accepting 2019 deposits

Just in time for RRSP season, we’re pleased to tell you that Class Plus 2.1 owners are permitted to make deposits in 2019!

Learn more

eStatements are here!

Empire Life is pleased to announce that we are launching investment electronic client statements starting with December 31, 2018 statements.  

Clients are being notified with an insert in their December semi-annual statements encouraging them to register and sign up for eStatements to access their statements safely and securely online.

Clients who sign up for eStatements by March 15, 2019 will be entered into a contest to win $1,000.

Learn more

Empire Life named “2018 Life and Health Insurer of the Year”

Empire Life was recently recognized as the 2018 Life and Health Insurer of the year at the 2018 Insurance Business Awards. This honour recognizes the work we have done this year to further our mission of “Insurance and Investments, Simple, Fast, Easy”.

Read the full story

Use our new Class Plus 3.0 case studies to reach new clients

Whether your clients are retired or planning for retirement, they want the right investment product for their golden years. These two case studies can help you discuss the benefits of Class Plus 3.0, our guaranteed retirement income for life solution, with your clients to demonstrate how it may benefit their personal situation.

Learn more

Introducing a new Advisor Portal experience

Empire Life is proud to announce the launch of an enhanced advisor portal experience with features advisors have been asking for to provide the highest level of customer service – simple, fast and easy.

See the new Advisor Portal