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Empire Life

Insurance & Investments
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EmpireLife-GIF-DigitalCommissions-Email-EN-2020-08

For a limited time, Empire Life Guaranteed Investment Fund (GIF)1 paper and digital deposits will earn an extra 10% commission. This includes GIF applications using the Fast & Full Investment App, Fundserv deposits via Wire Order, additional GIF deposits processed through the Empire Life My Advisor Dashboard, Pre-Authorized Debit (PAD), paper applications and deposits.2

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Wait, there’s more! Empire Life GIF digital deposits will earn an additional extra 5% commission bonus.2
INV-FF INV - calendar Offer is available for a limited time only. The commission bonus is available from September 1 to December 31, 2020.
     

+15%
DIGITAL

    +10%
PAPER
Purchase Fee Option Standard GIF 
Commission Rate
GIF Commission
Bonus Rate
GIF Digital 
Commission
Bonus Rate
DSC 5.0% 5.50% 5.75%
No Load 3.5% 3.85% 4.03%
Low Load 2.5% 2.75% 2.88%
Front End Load3 0% 0.25% 0.38%
F-Class/ Fee For Service (FFS)4 Not Eligible Not Eligible Not Eligible


Talk to your Empire Life sales representative today for details.

View the Information Circular

 

FF-INV-Register-Imac2

Make earning extra commission easy with the Fast & Full Investment App.

With features like the pre-fill functionality and the same day
one-time Pre-Authorized Debit (PAD) option5, Fast & Full allows you to reach more clients, and process 
applications faster.

What’s more, submit your first Fast & Full Investment App and  receive a $50 bonus on your next commission payment from Empire Life.6

Get started


1 Segregated Fund contracts are issued by The Empire Life Insurance Company (“Empire Life”). A description of the key features of the individual variable insurance contract is contained in the Information Folder for the product being considered. Any amount that is allocated to a segregated fund is invested at the risk of the contract owner and may increase or decrease in value.

2 The campaign will pay an extra commission on all eligible deposits received and processed into Empire Life Guaranteed Investment Funds contracts - GIF 75/75, GIF 75/100 and GIF 100/100 from September 1, 2020 at 12:01 a.m. (ET) to December 31, 2020 at 4:00 p.m. (ET). All existing and recurring Pre-Authorized Debits (PADs) as of September 1, 2020 will receive the GIF digital commission bonus. See Information Circular 2020-26 for full details on the calculation and payment of bonus commissions.

3 Empire Life will pay a 0.25% deposit commission on all GIF Front End Load deposits, regardless of the Front End Load percentage selected by the client.

4 Any commissions in a F-Class/Fee For Service contract are negotiated by the client and the advisor/dealer and are paid by the client directly. 

5 If  application is received before 4:00 p.m. (ET). 

6 To be eligible for the $50 bonus, your first Fast & Full investment application must be submitted between January 1, 2020 at 12:01 a.m. (ET) and December 31, 2020 at 4:00 p.m. (ET) with the policy issued by 4:00 p.m. (ET) December 31, 2020 as per Bonus Rules. Total bonus reward per advisor is $50 and its value will be included as taxable income for 2020.

For Advisor Use Only

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The Empire Life Insurance Company
259 King Street East, Kingston Ontario
1 877 548-1881
info@empire.ca
8:30 am to 5:00 pm, EST weekdays

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