Insurance

Faceoff: Whole life or universal life?

This month’s features an insurance debate between whole life or universal life. The debate was moderated by Dean DiSpalatro and Vikram Barhat. Universal Life Subject: Brett Simpson, chairman of Rogers Financial Group and a trustee for the Institute for Advanced Financial Education What is it and who is it for? The easiest way to describe […]

April 1, 2011

11 min read

Trouble with contestable claims

Each company has its own requirements for handling contestable claims. A member company of the Canadian Life and Health Insurance Association must also abide by the association’s code of ethics, which includes the obligation “to pay all valid claims fairly and promptly without unreasonable requirements.” Many companies are also members of the International Claim Association, which requires every company to adhere to its principles.

By Eli Wahby |April 1, 2011

7 min read

Sun Life targets mid-size U.S. companies

The U.S. subsidiary of Sun Life Financial is continuing its expansion and repositioning in a market that has undergone several upheavals in the last two years. Medium-sized companies—those with around 3,000 employees—and smaller companies are the clients of choice for Sun Life in the U.S. This is one of the strategies implemented by Westley Thompson, […]

By Fabrice Tremblay |March 31, 2011

2 min read

Feds launch online insurance guide

The federal agency tasked with improving consumer financial education—yes, it’s been around for a while—has launched a new online publication to improve understanding of insurance. Understanding Insurance Basics is a creation of the Financial Consumer Agency of Canada (FCAC), covering both the life and health segment, and the property and casualty industry. “Insurance is an […]

By Staff |March 24, 2011

1 min read