Canada Life has revised its online intermediary portal with a range of amendments.
The provider said the enhancements were designed to help intermediaries write more group risk business and are applicable to schemes of up to 100 employees. From 1 March all business written on its Canada Life Automated Self Service system will include: • a reduction in the minimum premium to £480 per annum • a three year rate guarantee period at no extra cost • a reduction in the minimum number of lives to two • unit rating from 10 lives • increased limits before medical underwriting is required (the ‘free cover limit') to a minimum of £550,000 (group life assurance) and £65,000 ...
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