Corporate-owned life insurance as a charitable gift
Avoid bloopers when designating a charity as policy beneficiary
- By: Kevin Wark
- June 2, 2023 June 30, 2023
- 10:00
Avoid bloopers when designating a charity as policy beneficiary
Clients now get protection for at least 90% of their death benefits, seg fund guarantees and other coverages if their life insurer fails
Advisor chargebacks need robust controls, CCIR and CISRO said
Ahead of the proposed DSC ban for seg funds, a familiar refrain is in play
A study of programs in other countries provides insights for Canada, the National Institute on Ageing says
Almost half of high-risk agent reviews found best-practice failures
Advisors should “show a less rosy picture” than the DSIR
One in 10 Canadians, many lacking employer-sponsored disability coverage, work in the gig economy
Loke replaces Robert Bradley as head of the insurance regulators' association
Final rules for a ban beginning June 1 were sent to the finance minister for approval
Supervision framework “largely based on delegation to upline agents,” regulator alleged
Canada Life product addresses insurance-trafficking concerns that have previously dogged donations of life insurance
Causes of SVB failure unique to banks but some life insurance contracts with investment features are liquid, report says
Total premiums collected by insurers also rose in 2022, according to the CLHIA
Medical developments and technology have led to improved experiences for some clients
Sun Life Financial Inc. and Manulife Financial Corp. are Canada's first and fourth-largest fossil fuel investors
Clients can see annuities as an attractive alternative to managing their own retirement investments
The collaboration aims to promote better health outcomes within group benefits
Toronto-based firm provides insurance products and services to doctor clients