PR FEED

Co-operators, a multi-line insurance carrier, is excited to announce enhanced support for independent distributors. Their increased focus on Individual Life, Group Benefits, and Group Retirement & Savings aims to provide distributors with improved resources and comprehensive solutions.

Unlocking new opportunities with a trusted partner

Co-operators has long been dedicated to offering its distribution partners personalized support and industry-leading products. With this solid foundation, the company continuously enhances its strategies to address the shifting demands of today’s dynamic market. By doing so, Co-operators ensure that every partner benefits from outstanding service and innovative solutions, solidifying their role as a dependable and forward-thinking ally.

A commitment to mutual growth

At Co-operators, success is a shared journey. The company is dedicated to empowering MGAs, brokers, and advisors with the tools and support essential for expanding their businesses. As a cooperative, Co-operators blend the broad capabilities of a leading provider with the flexibility to customize solutions to fit diverse client needs. Partners can count on the exceptional service and best-in-class solutions that have been the hallmarks of Co-operators' longstanding success.

Exciting update for individual life advisors: Co-operators reduces Versatile Term rates

Co-operators is pleased to announce a significant reprice of their Versatile Term (VT) life product. With reductions in both issue and renewal rates, their new pricing offers individual life advisors enhanced competitiveness and increased value for their clients. This adjustment aligns with Co-operators’ commitment to providing exceptional support and solutions, ensuring that advisors can better meet their clients’ needs and grow their business. 

Here's a closer look at the new, reduced rates*:

VT10 = average rank of 3 out of 20 companies in the market, with 40% of our rates ranked as best in market
VT15 = average rank of 2 out of 14 companies in the market, with 48% of our rates ranked as best in market
VT20 = average rank of 4 out of 20 companies in the market, with 30% of our rates ranked as best in market
VT25 = average rank of 2 out of 14 companies in the market, with 60% of our rates ranked as best in market
VT30 = average rank of 2 out of 18 companies in the market, with 56% of our rates ranked as best in market

*Rankings sourced from LifeGuide in July 2024. 

Their 25-year term is particularly beneficial for families managing mortgages or substantial household debts. It provides the flexibility to support their long-term financial goals while ensuring robust long-term protection.

About Co-operators

Co-operators is a leading all-Canadian financial services co-operative that is deeply invested in helping Canadians build and grow their financial strength and security. Its multi-line insurance and investment products are designed to meet Canadians' unique needs, driven by its cooperative heritage and community-based values.

For more information, please visit: www.cooperators.ca/advisor-services