Most popular articles of 2020

By The IJ Staff | December 31 2020 09:30AM

As 2020 comes to a close, the Insurance Portal invites you to read or re-read our 10 most popular articles of the year.

This past 12 months were marked by the COVID-19 pandemic and big mergers and acquisitions!

  1. Canadian banks launch CEBA program accounts

Canadian banks announced that they were accepting online applications to deliver fast access to the Canada Emergency Business Account (CEBA) program for SMEs and non-profits as of April 9.

  1. Blue Cross Plans now consider COVID-19 a known issue

The Canadian Association of Blue Cross Plans advised that eligibility restrictions for trip cancellation coverage had changed. The COVID 19 pandemic is considered a "known issue".

  1. Life insurance industry responds to COVID-19

The Insurance Portal spoke with Stephen Frank, president of the CLHIA, to discuss some of the unknowns the life insurance industry is currently grappling with as the COVID-19 crisis continues.

  1. COVID-19 crisis sparks greater interest in life insurance

While many clients were deeply concerned about how their investments were faring when the deadly COVID-19 hit Canada, a great number – not surprisingly – were asking their financial advisors about buying life insurance.

  1. Biggest mutual insurer in Canada: SSQ and La Capitale announce merger

SSQ Insurance and La Capitale Insurance and Financial Services announced that the two companies were merging.

  1. COVID-19: Life insurers’ measures

What products were modified due to the COVID-19 pandemic? How have insurers adjusted their processes due to the situation?

  1. B.C. charities barred from accepting life insurance donations, says lawyer

Charities in British Columbia were being advised by that province’s regulator that it is an offence to accept donated life insurance policies in exchange for a donation receipt.

  1. Life insurance sales: major insurers’ results vary widely

Some insurers fared better than others at the start of the pandemic in terms of sales.

  1. Insurer defies COVID-19

Only one large insurer in the Canadian market reported an upturn in its net results in Q1 2020, a period hit hard by the COVID-19 pandemic.

  1. Foresters acquires Canada Protection Plan

Foresters Financial announced the acquisition of Canada Protection Plan. Foresters said the deal will accelerate the expansion of its business in Canada.

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