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100

What is the waiting period for MDI and MDI+

30 days 

100

What is included with MDI+

Job Loss and Disability 

100

Who is the Insurance Company for Creditor Insurance

What is Canada Life

100

How Long Dose a job Loss Claim last on Mortgage and Personal  Loan. 

What is 6 months 

100

Is Creditor Insurance Mandatory

                                                                                                          NO


200

What Insurance are available for CIBC Mortgages

What is MLI MCI MDI and MDI+

200

What Insurances are available on Simplii Mortgages 

What is MLI

200

If Insurance on a loan has advanced and the first payment made can insurance be reinstated if Canceled

No... 

200

Where do we find Documents for Products

What is ECIF Document search
200
What is the only Product that asks if the client smokes

What is Business and Farm Insurance 

300

How long can a Claim Last for MDI

What is 24 months

300

How many days in arrears will Cancel Insurance 

What is 90 days

300

Can A Client Call to Cancel Business insurance

No it has to be done at the branch 

300

What 5 Items are required to Validate a Client 

What is 3 personal and 2 product 


300

How Many People can apply for Loan Disability 

What is 1 

400

What is the Max Payout on CIBC MLI

750k

400

How Much of the balance dose Canada Life Pay on a PLC disability claim 

What is 3%

400

What dose Pay Pro Include on Personal Loan 

What is Disability and Job Loss
400

Can a client cancel insurance for a Cobo 

No each person needs to cancel there own insurance 

400

What Insurance is available on a SIMPLII PLC

Life Disability and Job Loss


500

What Age Does MDI and MDI+ End

What is age 65 

500

What is the Benefit Payment on a job loss claim for loans

What is interest only 

500

What Change was made to the PLC Auto approval of Insurance 

Changed from 100k to 150k

500

What was the change made to the waiting period for PLC Disability Claim  September 15 2024

 What 60 to 30 Days

500

What is the Maximum payout on MCI Claim  

 What is  500k

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