Policy Types
TFSA
where we review processes
Process Portal
the number assigned to a policy once it is set up on Unitrax
Policy Number
The value of each fund is subjected to daily market fluctuations on the
Toronto Stock Exchange
who does it all begin with
the client
Can contribute $7,000 for 2024
TFSA
where we view paperwork
OnBase
advisor adds an account and initial premium on Investment Centre for CL Direct and FundServ for CL MGA
Wire Order
what is the most expensive guarantee
100/100
who fills out the application
advisor and client
Funds are locked-in
LIRA
Where advisors place trades
Investment Centre
issued manually on Unitrax by Head Office
Direct
Name the 2 guarantee types we have
Maturity Benefit Guarantee and Death Benefit Guarantee
who receives the application
Canada Life
One spouse owns the policy, other spouse makes the contributions
Spousal RRSP
Where Head Office processes transactions
Unitrax
person's life the policy is based upon
annuitant
Benefits of choosing segregated funds
guarantees, beneficiaries, creditor protection
Who processes the application
Admin Team
yearly maximum amount that you can contribute, varies per person
RRSP or Spl RRSP
where we can see every product a client has with Canada Life
Co-Pilot
money being applied to a policy
premium
Types of guarantee levels
75/75, 75/100, 100/100
what is created when a policy is funded
a contract that is sent to the client