FREE Membership Sign in

COVID-19: Higher insurance amounts with no medical exam may last

By Alain Thériault | Aug. 14, 2020, 10 a.m.

Nick Pszeniczny

The pandemic has forced insurers to raise the limits of life insurance amounts that can be underwritten remotely with no medical exam. One MGA is rallying with peers to urge insurers to maintain the revised offer.

This article is reserved to PRO Level subscribers

Discover the PRO Level

The most popular in Life Insurance

Group plans must adapt to a changing world of work

Agent fined $1,000 for not disclosing outside activities

Manulife’s net income falls 15.4 per cent

Headlines

Technology: Imperative for financial planners to become “agents of change”

Pacific Blue Cross names new president and CEO

Securities regulators publish real-time market data paper for comment

Related topics …

Flash

Pacific Blue Cross names new president and CEO

Economic crime reported by more Canadian companies than their global counterparts

Agent sanctioned for failing to maintain errors and omissions coverage

Penalties, costs and disgorgement exceed $5.9-million in misappropriation case

FINANCIAL HORIZONS GROUP

David Stewart assumes new leadership role at Canada Life

MIB acquiring the APEXA compliance platform

Disability insurance: How do 16 products from seven providers stack up?

New Quadrus president actively integrating Excel

Distribution

Mental illness and diabetes treatment up among younger workers

Patented medicine costs published

Reinsurers divided on whether to accept catastrophe risk

Life application activity declines in Canada

Technology

Technology: Imperative for financial planners to become “agents of change”

Securities regulators issue warning about trading crypto assets

Insurance industry needs to begin preparing now for quantum computing

Cyber markets look uncertain

COVID19

In-depth impact paper looks at employee mental health needs

Statistics Canada publishes study of COVID’s impact on average incomes

Employees' trust in their employers is eroding

Regulator sees increasing need for women to build financial resilience

Magazine supplement

Table: 2021 Market shares of life and health insurers in Canada

Biologics weigh on group plans

Voluntary group critical illness insurance makes a breakthrough

Inflation continues to fuel travel insurance concerns

COVID-19: Higher insurance amounts with no medical exam may last

Choose your payment method

Confirmation