Simply the smart way to do business!

Transcription

1 Simply the smart way to do business! INDIVIDUAL LIFE BROCHURE A-NOV15

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3 Great reasons why doing business with us is easy! Great Personal Service Our relationship with you is our priority. Great customer service is our company policy. Great Compensation Get paid twice a week! Sell one online policy a week and make thousands more every year! Great Sales Platform Online applications for simplified products are received and processed within hours. Send in applications from any device, anywhere, anytime. Complete error-free system - saves time and makes you money. Only complete applications can be submitted. Great Sales Support Producer s Corner Website - your Assumption Life business at your fingertips 24/7 Real-time online production reports - see your online business instantaneously Direct access to in-house underwriting team Online training tools Free video marketing tool Great Financially Sound Mutual Company Over 110 years of experience Rating of A- Excellent for the 15th consecutive year by A.M. Best Solvency ratio of 232 % (Dec. 2014) Among the 50 Best Small & Medium Employers in Canada according to Aon Hewitt in 2015 and 22nd in Progress magazine s 2014 list of Top 101 Best Employers in Atlantic Canada

4 Affordable life insurance with no medical exam! Final expense insurance has never been as easy to sell. Golden Protection is affordable and requires no medical exam. Offer your clients a simple solution. Has your client been declined for insurance in the past 2 years? He or she can still qualify for Golden Protection with the Deferred option!* Same caracteristics as Golden Protection except the maximum coverage amount of $50,000. *Approval for Golden Protection Deferred insurance is dependent on the answers given on the insurance application Product features Issue ages: Up to $100,000 in coverage* No medical exam No waiting period/no attending physician statement (APS) Online application instant approval Option of 20-pay Guaranteed premiums Cash values Industry-leading commissions Accidental death coverage An additional amount equal to four times (4x) the sum insured in case of accidental death in a public transportation vehicle (common carrier) (up to $150,000) Living benefit: 50% of sum insured in case of terminal illness Transportation benefit (200km/up to $2,000) Riders Golden Protection Golden Protection Deferred Accidental Fracture Plus InstaTerm InstaTerm Deferred *For issue age Ideal for people who... Want to cover funeral or last expenses. Don t want a medical exam or nurse visit. Have controlled diabetes. Have high cholesterol. Have high blood pressure. Have a fixed income. Are considering planned giving. Are non-believers in insurance. Want basic coverage. Own a home-based business. Are world travelers. Have had a change in health and need additional coverage. Have been rated. Were declined insurance in the past two years. NO MEDICAL INSURANCE

5 Build your own term, disability and critical illness insurance! FlexTerm lets clients build their own term insurance by allowing them to choose the options that best suits their needs! Our FlexTerm product is easy to apply for and offers savings by combining term, disability and critical illness insurance in a single product. Product features Issue ages: Life coverage from $50,000 to $4,000,000 Online application quick approval! Simplified issue with no medical exam* for coverage up to $249,999 Term options: 10, 15, 20, 25, 30, 35 years Guaranteed premiums Guaranteed coverage Convertible Individual or joint first-to-die policy Option of switching the term Riders Critical Illness Disability Income (DI) loan repayment option (including personal lines of credit) DI income replacement option DI coverage up to $3,000 ($1,500 for simplified issue) FlexTerm 10, 15, 20, 25, 30, 35 years Youth Plus Waiver of Premium upon Disability (WP) Waiver of Premium upon Death (WPD) Accidental Fracture Plus Child Insurance Benefit (CIB) Ideal for people who... Have a lease or loan. Are starting a family. Are business owners. Are group insurance clients. *Restrictions apply. TERM INSURANCE

6 Non-Medical Term Life Insurance InstaTerm is a new simplified issue product that makes getting insured quick and simple. Your clients can get approved instantly by answering just a few well-explained questions. This product is part of a perfect combo for final expense and debt planning (Golden Protection + InstaTerm). Has your client been declined for insurance? He or she can still qualify for InstaTerm with the Deferred option!* Same caracteristics as InstaTerm except the maximum coverage amount of $100,000. *Approval for InstaTerm Deferred insurance is dependent on the answers given on the insurance application. Product features Issue ages: Coverage from $50,000 to $150,000 Term options: 10, 20 years No medical exam Renewable and convertible** No attending physician statement (APS) Online application - instant approval Guaranteed level premiums for duration of selected term Living benefit: 50% of sum insured in case of terminal illness Transportation benefit (200km/up to $2,000) Riders InstaTerm InstaTerm Deferred Accidental Fracture Plus Accidental Death Child Insurance Benefit (CIB) **Applies to InstaTerm only Ideal for people who... Have a lease or loan. Want to increase their insurance coverage for temporary needs. Don t want a medical exam or nurse visit. Have been rated. Were declined insurance. TERM INSURANCE

7 Offer them great coverage with a Plus! Your one-stop participating life insurance for the whole family. Use multiple dividend options riders, and life riders to create an all-in-one policy. Protecting what matters most For children aged 0 (15 days) to 17 years Same great coverage, but 20-pay only Riders Youth Plus child term insurance FlexTerm term insurance 10, 15, 20, 25, 30, 35 years Waiver of premium upon Death (WPD) on owner or payer Waiver of Premium upon Disability (WP) on owner or payer Accidental Death and Dismemberment (AD&D) Product features Issue ages: Coverage from $5,000 to $4,000,000 Life pay or 20-year pay Online quick issue product Guaranteed level premiums Permanent, whole life participating insurance Single or joint first-to-die coverage Simplified issue with no medical exam* for coverage up to $249,999 for ages 65 and under Part company ownership ability to vote at Assumption Life s annual general meetings Riders Critical Illness Child Insurance Benefit (CIB) Accidental Death and Dismemberment (AD&D) Waiver of Premium upon Disability (WP) FlexTerm term insurance 10, 15, 20, 25, 30, 35 years Youth Plus child term insurance Waiver of premium upon Death (WPD) Disability Income (DI) loan repayment option (including personal lines of credit) DI income replacement option Accidental Fracture Plus *Restrictions apply. Ideal for people who... Are looking for a guaranteed life insurance plan with no medical exam. Are just starting out and looking for permanent coverage ensuring their future. Are looking for a reducing premium option. Are looking for permanent life insurance at a guaranteed cost. Are looking to invest in life insurance without having to track an investment portfolio. Want an insurance policy that grows (paid-up option). Are looking for tax-sheltered growth. Dividend options Cash dividends paid in cash annually Premium Reduction premiums can be reduced by reinvesting dividends into the policy Accumulation dividends will be left to accumulate, and will earn interest at the policy anniversary each year Paid-Up Addition dividends will be used to purchase paid-up additions to increase the death benefit Enhanced Fifth Dividend Option dividends will be used to purchase a combination of one-year term insurance and paid-up additions PARTICIPATING LIFE INSURANCE

8 A critical illness product that offers the Best of Both Worlds: Simplified issue if all answers are NO Able to submit application even if there is a YES answer. Same easy questions as FlexTerm, FlexOptions and ParPlus. Product features Issue ages: Coverage from $10,000 to $100, covered critical illnesses Term 15 and Term 75 option (ages 18-60) Term 20 option (ages 18-55) Term 25 option (ages 18-50) Online application quick approval Simplified issue or fully underwritten Guaranteed premiums Riders Critical Protection Return of premiums upon death Flexible return of premiums Ideal for people who... Want a financial resource to help them cover additional expenses such as: Time off work. Traveling to receive treatments. Home care. Home renovations. Cost of treatments not covered by public health insurance. Illnesses covered: Accidental loss of limbs Aortic surgery Aplastic anemia Bacterial meningitis Blindness Cancer (life-threatening) Coma Coronary artery bypass surgery Heart attack Heart valve replacement or repair Kidney failure Major organ failure on waiting list Major organ transplant Paralysis due to an accident Severe burns Stroke (cerebrovascular accident) CRITICAL ILLNESS INSURANCE

9 A better kind of mortgage insurance! FlexOptions is a decreasing term mortgage insurance designed to offer your clients better coverage with more flexibility, at level premiums. Help your clients make the switch to personal mortgage insurance, and allow them to: Become the owner of their mortgage Insurance. Personal insurance: they are the owner. Credit insurance: bank is the owner. Choose their beneficiary. Personal insurance: client names own beneficiary. Credit insurance: bank is automatically the beneficiary. Shop around. Personal insurance: shop for better interest rates and transfer their mortgage to another lender and keep the same insurance coverage. Credit insurance: if mortgage is transferred to another lender, the insurance is terminated and they have to apply for new coverage. Product features Issue ages: 18 to 65 Life coverage from $50,000 to $4,000,000 Term options: 15, 20, 25 years Online application quick approval! Simplified issue with no medical exam* for coverage up to $249,999 Insurance amount that will never decrease below 50% of initial coverage amount Guaranteed premiums Single or joint coverage Convertible Portable follows loan with any financial institution! Client chooses the beneficiary we pay them, not the banks. Riders Critical Illness Disability Income (DI) loan repayment option (including personal lines of credit) DI income replacement option DI coverage up to $3,000 ($1,500 for simplified issue) Waiver of Premium upon Disability (WP) Accidental Fracture Plus Ideal for people who... Have a mortgage. Have a lease or loan. Are maxed out on disability insurance. Are business owners. *Restrictions apply. MORTGAGE INSURANCE

10 Term insurance with guaranteed insurability. Youth Plus offers a quick and easy way to provide guaranteed insurability at little cost. Convert Youth Plus to a permanent or term insurance at age 25, regardless of health status. Product features Issue ages: 0 (15 days) to 17 years (payable to age 25) Coverage: $35,000 - $175,000 Guaranteed insurability (convert at age 25 without proof of insurability) Simplified issue with no medical exam* Guaranteed level premiums Living benefit ($10,000 for each $35,000 of insurance) when diagnosed with one of the following medical conditions: cancer cerebrovascular accident (stroke) heart attack vital organ transplant paraplegia quadriplegia Riders Youth Plus Waiver of Premium upon Death (WPD) on owner or payer Waiver of Premium upon Disability (WP) on owner or payer Accidental Death (AD) Accidental Death and Dismemberment (AD&D) *Restrictions apply. Ideal for people who... Want to guarantee their child s insurability. Want to protect their children during their early years. Worry about not having financial resources should their child become terminally ill. To guarantee their insurability. TERM INSURANCE FOR CHILDREN

11 Tell them they re approved! Total Protection is a product in a league of its own with competitive commissions for you and good news for your difficult-to-insure clients. The online application process is fast and simple, with no medical exam, no APS, and coverage up to $50,000! Product features Issue ages: Coverage of $5,000 to $50,000 Coverage up to $30,000 with only 3 medical questions No medical exam/no APS Guaranteed rates Online application instant approval High commissions 2-year waiting period for insurance coverage Living benefit: 50% of sum insured in case of terminal illness Immediate accidental death coverage Transportation benefit (200km/up to $2,000) Rider Total Protection Ideal for people who... Are at high health risk. Have an unconventional lifestyle. Have been declined insurance. Have been rated. HARD-TO-INSURE CLIENTS

12 l i Meet LIA! Assumption Life s innovative sales platform will literally change the way you do business! Created especially for brokers, Lia allows you to quote, illustrate and submit life insurance applications all in one tool. This platform is broker tested and was designed to simplify the way you do business. It includes all of Assumption Life s life insurance products: term, permanent and participating. With Lia you can work with any device, anywhere, anytime. Works online or offline Error-proof system Add a life rider on an existing policy. Store your applications on Cloud Applications and access them from any device on which Lia is installed. Download lia at

13 Video Prospecting tool In-house and tailor-made, the Assumption Life video prospecting tool, along with its selection of videos, allows you to personalize your approach and helps you catch a future client s eye by demystifying insurance and investments! Let the videos inform, explain, and, especially, show all the advantages our products have to offer. How to take advantage of this free Prospecting tool! 1. Open a session in producerscorner.ca. 2. Click on Marketing tab and select Prospecting Tools. 3. Follow the 3 easy steps on creating your very own personalized video.

14 Sign up with Assumption Life in 2 easy steps! A. 1. Please complete and return the fillable PDF version of the Broker Registration Form to your MGA. This form can be found online at: producerscorner.ca under the Recruitment tab. (A-B) 2. You will receive an with broker code, username and password from Assumption Life. B. To view your Assumption Life business and for detailed information on all of our products, go to producerscorner.ca

15 Get started with us today!

16 Here s your team! Pamela Kwiatkowski National Sales Manager pamela@assumption.ca John K. Coughlan Regional Sales Manager Atlantic Provinces john.coughlan@assumption.ca Daniel Rouillard Regional Sales Manager Quebec daniel.rouillard@assumption.ca Jennifer Koshul Regional Sales Manager Ontario jennifer@assumption.ca Shawn Redford Regional Sales Manager Ontario shawn@assumption.ca Yvonne Winkler Regional Sales Manager Western Canada yvonne@assumption.ca Michael Ricketts Regional Sales Manager British Columbia michael@assumption.ca Individual Insurance Investments and Retirement Telephone: Main Street, PO Box 160 Moncton NB E1C 8L1 Assumption Mutual Life Insurance Company, doing business under the name Assumption Life