Empire Life helps Canadians realize their dreams with the launch of its new First Home Savings Account
Help clients make the dream of homeownership a reality.
Now available within the Empire Life GIF 75/75 contract, the FHSA is a great tool to help clients get started saving for their first home. This newly available account offers tax-free growth and tax-deductible contributions, just like an RRSP. Get up to speed on FHSAs with new material and case studies by visiting our advisor webpage, and be sure to share the consumer site with any prospective clients – empire.ca/FHSA
One more reason to choose Empire Life PAR: 2024 increase for participating plans
Empire Life is pleased to announce that the dividend scale interest rate for our PAR products is increasing from 6.0% to 6.25% beginning July 1, 2024. This increase was approved by our Board of Directors earlier this year.
The dividend scale can vary based on investment returns, mortality and lapse rates, expenses, taxes and other factors related to the participating policy block of business. The current change to the dividend scale reflects recent investment and mortality experience.
New Solution 100® case study: leaving a charitable legacy
To help drive those client conversations, we've built a case study on how Solution 100 from Empire Life can help support a client's loved ones and a favourite cause when leaving a legacy is their main priority.
Solution 100 is not only competitively priced, with an average LifeGuide ranking of 31, but it works well for both family and business market needs.
1 Rankings are based on a comparison of LifeGuide quotes for comparable non-participating whole life products as of April 25, 2024, against 8 comparable products. Excludes participating whole life, simplified issue and Beneva’s Enhanced Term to 100 product.
Gain exclusive access to our team of Tax, Retirement, and Estate Planning Specialists for any cases of $10,000 annual premium or higher
Why choose Empire Life for large cases:
Expertise tailored for cases with $10,000+ annual premium
Personalized support from our team of professionals
Streamlined processes and priority handling
Don't forget to explore our content library and TRIIPSS webinars for additional insights on estate planning and advanced strategies.
New Enhanced Policy Search on My Advisor Dashboard
This new feature gives you instant access to all the client information you need and more:
No more redirects to the Business Centre: Find policy details for your inforce clients without leaving the Dashboard.
Easy to use: Enter a policy number and hit "Search" – all the details appear immediately.
Expanded policy access: Locate inforce policies previously unavailable through the Business Centre.*
Enhanced details: The modern design provides more policy information, including premium amounts per coverage, conversion expiry dates, beneficiary information, and more.
This tool will help you save time and support you in delivering exceptional client service with all the necessary information at your fingertips.
*Excluding the Concordia® block of business. The customer service team is at your service to give you policy and coverage information about your clients' Concordia policies.
NEW: Empire Life Fidelity segregated funds
Now available within the Empire Life GIF contract are two funds that invest in top-performing Fidelity funds: Empire Life Fidelity Global Innovators® GIF and Empire Life Fidelity Global Balanced Portfolio GIF.
Empire Life Fidelity segregated funds Put the strength of Fidelity to work for you
Add a layer of predictable diversification to your client's portfolio
Empire Life has added four index segregated funds to the existing GIF contract. These new funds offer greater opportunities for portfolio diversification, long-term returns consistent with a given index and peace of mind knowing that your client’s investment performance will not significantly underperform the market.
Financial Markets at-a-glance infographic now available for Q1
The Financial Markets at a Glance infographic provides a high level, visual way to explain the past quarter’s market changes to your clients. It presents a brief overview of world events and their impact on global markets. Easily digestible bits of information are broken down by Canadian, U.S., global equities and fixed income using colourful graphics and symbols so you can give your investors a big picture overview of what happened in Q1 2024.
Retirement Income Planning: Rules of Thumb... When and why the percentages don’t work
Saving enough money to be financially independent or retire is one of the top concerns that working Canadians have. Then there is the concern among pre-retirees and early retirees about running out of money before they run out of life. There are any number of shortcomings to these rules of thumb and approaches as I have noted over the many years in research backed seminars, articles and meetings with 1000s and 1000s of advisors and consumers.
This session touches on worries and wants, delving into a few of these rules of thumb and alternatives to consider when moving from saving to spending for the rest of one’s life.
Date: Tuesday, June 18, 2024
Time: 2:00 p.m. to 3:00 p.m. ET
Speaker: Peter Wouters
This webinar is also available in French on Wednesday, June 19, 2024 at 10:00 a.m. ET
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® Empire Life and the Empire Life logo are registered Trademarks of The Empire Life Insurance Company.
Fidelity and Fidelity Global Innovators are registered trademarks of 483 Bay Street Holdings LP. Used with permission.
Nasdaq® and NASDAQ 100 Index® are registered trademarks of Nasdaq, Inc. (which with its affiliates is referred to as the “Corporations”) and are licensed for use by The Empire Life Insurance Company. The product(s) have not been passed on by the Corporations as to their legality or suitability. The Product(s) are not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S).
Policies are issued by The Empire Life Insurance Company.
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. Please read the information folder, contract and fund facts before investing. Performance histories are not indicative of future performance.
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