Trillium First Payer in 2017

man hand holding his nutritional supplemets, healthy lifestyle background.

Ontario’s Trillium drug plan has announced it’s modernizing its systems and infrastructure and has refocused efforts on altering the way co-ordination of benefits takes place with private drug plans beginning in the fall of 2017.

This development isn’t a change to Trillium regulations but is simply a refocused effort to make Trillium a first payer…Read more

Millennials – Life Insurance Gap

millennialsMore than half of the Millennials in Ontario do not have a individual insurance policy on their mortgages.

The Financial Services Commission of Ontario (FSCO) recently hired Environics Research to discover how much Millennials know about mortgages. The poll found that 47% of those between the ages of 25 to 34 were “not very” or “not at all” confident about the subject, and only 12% described themselves as “very confident” when dealing with banks and other lenders.  Read more

Snowbird Travel Insurance Survey Results

travelThe Canadian Council of Insurance Regulators (“CCIR”) proposed a consumer survey surrounding travel insurance . Consumers were asked to give their input on their concerns over purchasing insurance and to offer up their comments.

The survey outlined fair treatment of consumers, potential issues related to Travel Health
Insurance (“THI”) and options to enhance consumers’ protection and confidence.

The results are now available…Survey Results

Segregated Funds for the Older Market

Segregated Funds for Estate Planning

Segregated Funds for Estate Planning

Canada Life’s new Estate Protection segregated fund product offers a 100% death benefit to clients who are between the ages of 80 and 90.

In promotional materials released earlier this week, the insurer says the new product is meant for clients who want to “leave a meaningful legacy for those who matter the most to them” and will provide older investors with a “sense of control, certainty and relief”.    Read more »

Manulife Bank – $750 Cash Back

If I could show you a way to reduce debt quicker and save interest costs would you be interested in hearing more? For a limited time Manulife Bank is offering $750 cash back on new Manulife One accounts.

Manulife One is a unique all-in-one mortgage, line of credit and bank account. By combining your savings and what you borrow into one account, Manulife One could help simplify your banking and give you the flexibility and freedom to choose what’s right for you: save, be debt-free sooner, renovate your home, pay for the unexpected and live better.

To learn more about Manulife One and how to take advantage of this special, limited time offer, contact me today.