Canada

2014 09 – FSCO / FSRA – Report – Life Insurance Product Suitability Report – 52p (p1) – As a regulator, it is important for FSCO to understand what is occurring in the marketplace and to take a more proactive approach to market conduct regulation, rather than wait for problems to arise. (p1) – results…

2022 – FSRA – [2022-007] – Comments – Consultation on Proposed Principles of Conduct for Insurance Intermediaries 2022 – FSRA –  [2022-007] – Comments – Consultation on Proposed Principles of Conduct for Insurance Intermediaries  —  [BonkNote]  — – [Binder-22p]  —  [link] ID: 2022-007 Comment Due Date – May 3, 2022 Advocis – [2022-007] –  Paniz…

2022 – FSRA – Principles of Conduct for Insurance Intermediaries [  ] – 2022 – FSRA – Principles of Conduct for Insurance Intermediaries – No. PC0044INT  —  [BonkNote]  —  [link]  —  21p Appendix B: Examples of conduct contrary to the Principles of Conduct The following is a non-exhaustive list of conduct FSRA has observed that would…

2016 – CLHIA – Insurance Distribution in Canada: Promoting a Customer-Focused System – 14p 2016 0422 – InvestmentExecutive.com – Big changes afoot for life agents?, by Megan Harman – [link] 2016 – CLHIA – Insurance Distribution in Canada: Promoting a Customer-Focused System  —  [BonkNote]  —  14p Guideline G18, Insurer-MGA Relationships, clarifies the roles, responsibilities and accountabilities within insurer-MGA…

Ontario OSC – Ontario Securities Commission 2016 – OSC – OSC Notice 11-772 – Notice of Statement of Priorities for Financial Year to End March 31, 2016 – [link]

Fair Canada faircanada.ca/ 2024 0209 – FAIR Canada – Jean-Paul Bureaud – [FSRA-2023-015] – 2024 0209 – 3p 2008 1009 – FAIR Canada – Canadian Foundation for Advancement of Investor Rights – re: Product Suitability Consultation – 2p We believe that the consultation would benefit from a clearer articulation of the reasons for and objectives…

Canada – Insurance – Overview Ontario Insurance Act (the “Act”) and its regulations. George Dinney Legal Cases Sun Life / Met / Fehr Mosten LLQP MGAs Universal Life Insurance 2008 10 – CCIR – An Approach to Risk-Based Market Conduct Regulation – “The Approach” – Final Report  —  [BonkNote]  —  11p 2014 09 – FSCO…

Chapter 4 – Universal Life (p53) – This Chapter explores the third type of permanent insurance, universal life (UL) insurance, which evolved after numerous modifications to whole life insurance.   (p261) – 11.6 Using illustrations [Bonk – [1]]: Understand, Underwriters – Coverage,  [Bonk – [2]]: Term vs Perm, Perm – Projections, Illustrations = Complex,  [Bonk…