Empire Life’s newest insurance bonus rewards qualifying advisors for both growth and loyalty who achieve year over year growth in net annualized FYC from all life and health insurance product sales.

Beginning January 1, 2024, qualifying advisors can earn between 5% to 12.5% of net annualized first year commission when they submit and settle life and health insurance applications with Empire Life. Earning even more with each consecutive year in the program! Check out all of the details and qualification requirements in the Information Circular and Flyer.

Beginning December 15, 2023, Empire Life is pleased to announce that we are enhancing our Adult Short Electronic Health Questionnaire (eHQ) in our popular Fast & Full Life application to reduce the interview time when the client has no significant health history.

We made it easier to discuss options with your clients who have a Solution Term life insurance policy with an expiring exchange period in the next 12 months.

The 'Expiring Term Exchange Options' report in the Inforce Business Opportunities section lists your eligible policies for our Term Exchange Program.¹

Doug Cooper, CFA, Senior Portfolio Manager, shares what can make a dividend growth investing strategy an attractive choice for investors, including: 

• The team’s investment philosophy and approach to selecting dividend investing companies.
• What are the primary attributes of a high-quality dividend paying company.

Designed to make it simple, fast, and easy to create segregated fund portfolio illustrations for your clients, the eVision Investment Illustrator puts the power of portfolio construction at your fingertips. 

• Built-in risk profile assessment: Complete the questionnaire or select from a list of investor profiles to help start the portfolio construction process.
• Robust illustrations: The modern and responsive design provides a visual breakdown of the proposed portfolio’s potential investment growth, historical returns, asset allocation, risk/return profile and fees. 
• Professional output: Create a customizable, professional portfolio report that you can share with clients.

All Class Plus 3.0 contracts will receive the one-time 4% annual Income Base Bonus on December 29th, 2023, if no withdrawals have been made in 2023.  The year-end cut off for deposits into Class Plus 3.0 to receive the annual Income Base Bonus is December 29, 2023 at 4:00 p.m. E.S.T.  This includes FundSERV trades, transfers from other institutions, and cheques submitted directly to Empire Life. There will be no exceptions for deposits received after this cut-off.

Unsettled wire order purchases placed before December 29, 2023 at 4:00 p.m. E.S.T will qualify for the annual Income Base Bonus, and the Lifetime Withdrawal Amount (LWA) will be adjusted when the trade settles.

Empire Life is pleased to announce a $25,000 deposit limit for existing Class Plus 2.1 contracts in 2024.

Pay day is every Friday for advisors (unless there is a statutory or bank holiday during the week). In order for commissions to be reflected on each pay, all outstanding requirements must be in Head Office and the policy settled.

Please refer to the following Information Circular to learn more about our holiday hours of operations and year-end dates for Retail business.