What's New At Palm   Win a Vegas Trip and Achieve CPB too!!!! - Thursday, February 4, 2016 For those who are new and not aware what CPB is, This is to inform you that the Continuous Production Bonus- (CPB) is a key element of Industrial Alliance's Compensation package. The Bonus creates a leverage effect on the sales commissions that are paid to you. The bonus applies to the net First-year Individual Life, Disability and Critical Illness Insurance Sales Only. Within the Calender Year, the agent must have earned $10,000 in net First-year Individual Life, Disability and Critical Illness Insurance Commissions. For More Details on CPB Please click at the Link Below: http://palmfinancial.virtgate.ca/library/CPB_Details.pdf What more.. apart from Financial benefit, we are giving you 1 Ticket for 3 Night stay at one of the most luxurious Hotels at Vegas. For details please see attached flyer; http://palmfinancial.virtgate.ca/library/OM_Financial_Vegas_Contest.pdf All the Best ! Regards, Swati Bassi OM Financial Inc. Coverage needs later in life ? - Friday, January 29, 2016 Lets have a look at the new risk area.... Talk to your clients for life insurance, critical illness insurance and relevant additional coverage for 10 good reasons: 1. Will you still be caring for others ? 2. Does your spouse need special care or assistance that you could no longer provide in the event of your death? 3. To leave an equitable inheritance, will you need liquidity? 4. Are you part of a blended couple? 5. Would you like to continue supporting a cause? 6. Will there be taxes to pay when you die? 7. Will your spouse be able to absorb a loss of income due to the decrease of your pension (joint and survivor annuity)? 8. Would you like to leave money for your children? 9. Can the amounts accumulated in your insurance contracts be useful? 10. Do you still have debt? http://palmfinancial.virtgate.ca/library/IA_Sales_Idea_1.pdf Happy Selling! Regards, Swati Bassi Brokerage Manager OM Financial Inc. Critical Illness month at OM Financial Inc- Mississauga office - Friday, January 29, 2016 Hi, This is to inform you all that we are having a Critical Illness month at Mississauga office. Please take note of the following seminars from Insurance carriers to talk about their CI Products: 1. Foresters Life - 4 February 2016 by Subhastin Kharag from 11- 12:30 pm 2. Manulife- 11 February 2016 by Heather Campbell from 1pm- 2:30pm 3. Industrial Alliance- 18 February 2016 by Sharyn Hillier from 11-12:30 pm 4. IA Excellence - 25 February 2016 by Jeff Sagert from 11-12:30 pm Please confirm your attendance for the same. Individual reminders would be sent for all respectively. Best Regards, Swati Bassi Brokerage Manager OM Financial Inc. Reminder: seminar today by CPP at 11 am - Thursday, January 28, 2016 Hi This is to remind you that we are having a seminar by CPP from 11-12:30 followed by lunch . Please confirm your attendance if you have not done so . Regards Swati Bassi Brokerage Manager OM Financial INC. Seminar by Industrial Alliance on Thursday- 21 January 2016 - Tuesday, January 19, 2016 Hi, We are having a seminar by IA January 21st at 11 AM. Presenter: Sharyn Hillier Time - 11-12:30 pm Please confirm your attendance for the same. Thank you. "We Value your Business" Swati Bassi, MBA, CAMS, CHS OM Financial Inc. Brokerage Manager & Compliance Officer 905-612-0800 swati@omfinancial.com www.omfinancial.com Warm Wishes from OM Financial inc. - Tuesday, December 22, 2015 Thank you, we really appreciate your support and looking forward working with you in 2016. http://mgacanada.virtgate.ca/library/New_Year__2016_wishes.pdf Holiday Hours for all Offices 2015 - Thursday, December 17, 2015 Hello All, Please take note of the Holiday Hours for all Offices as per attached: Happy Holidays! http://palmfinancial.virtgate.ca/library/Holiday_Hours_2015.pdf Warm Wishes, OM Financial Inc. Pre-Approved RRSP Loan offers soon to begin! - Monday, December 7, 2015 Hi, Below please find details in regards to the pre-approved RRSP loan direct mail campaign. http://palmfinancial.virtgate.ca/library/2016_RRSP_Loan_-IA.pdf Regards, OM Financial Inc. Viva Las Vegas Contest- With OM Financial and Industrial Alliance - Friday, December 4, 2015 Hi, We are pleased to announce a special contest in collaboration with Industrial Alliance. What happens in Vegas, Stays in Vegas....Join us in Vegas as we enjoy the most happening city which includes Travel and accommodation for 3 Nights. Contest will Run from 1 December - 1 April 2016. Please see attached Flyer for contest rules and details: http://palmfinancial.virtgate.ca/library/OM_Financial_Vegas_Contest.pdf All the Best! Regards, OM Financial Inc. Double Commission on Manulife Health & Dental Policies - Tuesday, December 1, 2015 It's that time of year again! Bonus Blitz is back. From December 1st - March 31st you have the opportunity to earn double commission! *Check out www.sellhealthplans.ca to conveniently submit online Health & Dental applications. Happy Selling! please refer below for more details: http://palmfinancial.virtgate.ca/library/Bonus_Blitz_2016_flyer_EN.pdf Happy Selling ! UL Mutual: The new Juvenile 30/100 - Friday, October 23, 2015 Good news ! From now on, the Juvenile 30/100 includes a critical illness protection equal to 10% of the chosen life insurance coverage between $ 100,000, $ 250,000 or $ 500,000. For example, for as low as $ 15/ month, you get an insurance coverage automatically converted at age 30 of $ 100,000 Life Insurance + $ 10,000 Critical Illness. This offer is available for all children between 0 and 15 years old. Enhanced protection at very low cost, this is the new Juvenile 30/100 NOTICE TO ADVISERS FROM UL MUTUAL: We take advantage of this email to announce you that our products Adaptable-Equitable, Integral-Equitable and AdapCI-Equitable take back their characteristics of origin and become again respectively the Adaptable, Integral and AdapCI. Foresters: New lower term rates starting Oct. 26 and New Applications ! - Friday, October 23, 2015 Foresters™ is very excited to announce that they will be introducing new rates for their term life insurance¹ portfolio on October 26, 2015. Foresters is reducing most of their term insurance rates for Term 10 and Term 20 at face amounts of $250,000 or more. In some cases, rates have been lowered as much as 10%! ________________________________________ Application for life and critical illness insurance On October 26, 2015, please dispose of the old applications, 105849 CAN (01/15), and replace them with new applications, 105849 CAN (10/15). The new application will also be available to download from our advisor portal, Bluesky on October 26, 2015. Manulife Whole Life insurance is better than ever - Friday, October 23, 2015 Exciting new changes to Performax Gold® make manulife whole life insurance an even better option than ever - for you and your clients! Performax Gold is a one-of-a-kind whole life insurance solution with high performance features and unique guarantees. It’s designed to help your clients increase their long-term death benefit and cash values, and maximize their wealth on a tax-deferred basis. And, to help you and your clients get the most out of their whole life insurance, Manulife has made Performax Gold better than ever. Effective November 21, 2015, for new and existing Performax Gold policies, you and your clients will benefit from: Increased Deposit Option flexibility Simpler contracts (new policies only) Enhanced inforce illustration software with many more scenarios Side Account interest rate based on the Manulife Bank Advantage Account Fewer, more relevant riders For questions about the Performax Gold enhancements described above, please contact your Manulife sales representative. Learn more about Performax Gold, now https://repsourcepublic.manulife.com/wps/portal/Repsource/Repsource/NewsRoom/!ut/p/c5/lZDJkqJAFEW_pT7AIoFEyGWSgMyiVYjJhkBkEhkEGeTr247e9Kaio99bnriLc5iQeX8TT2UeP8u2ie_MmQm3kcESmdcECPaAB8A4SMBVJInbIfjm9C8uea7y5jv9tLe3LADg_9YOJwDD0GTORFve8uA_1gFzdpN6IYOTq4ZSHMWOKvR-K5DFbjm_SztYCtohzjLpEO9JNhUSx6nx2V7vnf1IyEa9s0okNzAkOrYtOLnIeJ4Po34h4GRVfQo3t1shLdB82vqQ9bCiAtYfk3nvg9d3eXslpzZKl5vpjKvbRpplyqfzynoWJZ6Zf3z8sQM_HP5XG5MJy0v9OSf1J_gEkGclAQFeAggKAosEJrDpU1ZaZ1bwV-Tn243aRWI1GFqXqI-KFk_TD80MocNoLZx7ccfk6dZdhfCs9f3ORZ1iGjhADwHvHoF2Vlhh5HpZLtXb9ZZEJHJ5PMzVQoWkJDVXosaroefohjCMV6y98np_fYc5grFu1j7nc7G_Hr0l5TKa5TLJTef4uwFlQvFHS0FkvpmzTfkjaZ1cU0nUfW3gSNe6hSv1WaI46XxHFi2uWhBE04agpoUNdtbVjPRBXafoccJ3f7bjqo8vs-6PzglNX0rIHhMS-o0YpZFW7XijVe3YqGltN6sqVb69rWvFBoknvEjhrd5ukB9iKgH2wmLRBEvfqG7BwUu2H7a4k2c9OPmRfrmKJX47uXpbp0xX-_5kC5Ob4Y9fIqdpLA!!/dl3/d3/L2dBISEvZ0FBIS9nQSEh/?utm_medium=email&utm_source=GeniusE&utm_content=npgoct19&utm_campaign=Pgold Canada Protection Plan -Summer Contest 2015 - Tuesday, August 18, 2015 Hi, Summer is on and so are your travel plans ! CPP in collaboration with OM Financial has decided to load you with travel bonus. For details please see attached flyer: http://palmfinancial.virtgate.ca/library/Summer_Contest_-_OM.pdf Contest Period: 13 August- 31 August 2015 All the best! Regards, swati Bassi Brokerage Manager OM Financial Inc. Important Notice : To all AGA's and Advisors - Wednesday, August 12, 2015 New regulatory requirements has changed. It has been a legal requirement for several years that independent insurance brokers must maintain a documented AML compliance regime in order to be in abeyance of the Proceeds of Crime, Money Laundering and Terrorist Financing Act of Canada (PCMLTFA.) Your responsibilities include: 1. Report suspicious transaction and attempted suspicious transactions to FINTRAC. 2. Submit a Terrorist Property Report to FINTRAC. 3. Establish a compliance program for your practice and any person employed by you or your corporation. Your AML compliance program is subject to assessment and/or audit by (FINTRAC), so be sure you have written policies and procedures as part of your regime. Fines and penalties may apply if your regime is not in good order. On April 1, 2015, the Canadian Life and Health Insurance Association (CLHIA) activated amendment to Guideline G8 - Advisor Suitability: Screening, Monitoring and Reporting. One of the changes to G8 pertains to how insurance carriers screen advisors for contract. The old contracting form 'Application for Contract and Sponsorship' has been replaced by the 'CLHIA Advisor Screening Questionnaire' (ASQ). Question 37 of the new ASQ asks: "Do you have written anti-money laundering/anti-terrorist financing policies and procedures?" If you answer 'no' to this question, you will not be granted a producer contract with that carrier. Therefore, you should immediately engage in process of setting up your AML Regime. Reference for Your AML Obligation Sample AML & ATF Producer Compliance Regime which is the Canada Life template is attached below as a link and can be used as a reference. Manulife Financial Repsource is another website to help you as well. http://palmfinancial.virtgate.ca/library/Canada_Life_Template_for_Advisor_AML_Program.docx Please keep in mind: 1. The sample manual is an example for reference purposes only. Printing the sample manual and writing your name at the top will not be sufficient, and will in fact be worse than having no manual at all. Your AML compliance regime must be tailored to meet the needs, profile and experience of your individual practice. 2. It is highly inadvisable to commit to a procedure, in writing, which you do not actually follow through with in practice. In an audit or assessment, FINTRAC will hold you accountable to your manual and will want to see evidence that you are performing the procedures written in your manual. 3. If you have already been informed by FINTRAC that you have been selected for audit, FINTRAC usually instructs that you are not permitted to make changes to your AML Compliance Regime between date of audit notification and date of audit. Be sure to follow all such instructions given to you by FINTRAC. Swati Bassi Compliance Officer OM Financial Inc. Stylish Summer Contest Extended : Style your summer with more Bonus Commission !!! - Sunday, August 9, 2015 Hi, Bonus Promotion on Preferred Term 30 Sales by BMO Insurance! All Preferred Term 30 applications received by BMO Insurance Head Office from August 4 to September 30, 2015 qualify for an extra 10% first year commission. All qualified applications subsequently settled will receive 60% FYC*. Are you considering to take double advantage of this promotion? Well here it is..... we are happy to announce that we have also extended the deadline for submission of applications towards our stylish summer contest till 31 August 2015. Here's wishing everyone a sizzling summer... Regards, Swati Bassi Brokerage Manager OM Financial Inc. Contest: Drive to Succeed with Foresters and OM Financial - Friday, July 31, 2015 Hello Everyone, OM Financial brings you this year's most exciting and thrilling Incentive Program in collaboration with Foresters. Contest Runs from July 27 - Sep 25, 2015. Please see attached Flyer for details: http://palmfinancial.virtgate.ca/library/drive-to-succeed-om-flyer.pdf Lets win the race to Niagara ! Wish you all the very best! Regards, Swati Bassi Brokerage Manager OM Financial Inc. MaximizerElite - BMO Insurance - Wednesday, July 29, 2015 Do you know of a corporate class mutual fund that can defer taxes with a MER that is less than 1%? Can this fund allow for equity market exposure without any of the downside on a guaranteed basis? If not, let`s see what MaximizerElite with GMIA can do for you! For more details contact Swati Bassi at (905)612-0800 or swati@omfinancial.com Regards, Swati Bassi Brokerage Manager OM Financial Inc. Your estate may be a tax-time bomb..... - Thursday, July 16, 2015 Hi, When you die, your assets can be transferred tax free to your spouse. But have you given a thought to what will happen if your spouse dies and the assets have to be passed on to other heirs... Read the attached file: http://palmfinancial.virtgate.ca/library/ins_tepg_capitalgainsflyer.pdf Regards, Swati Bassi Brokerage Manager OM Financial Inc. Is Apple Watch for you ? - Thursday, June 4, 2015 Hello, Looking to do some crazy things this summer, be prepared to watch the video below to gear up for one of our takeaways this summer with our current contest.... https://youtu.be/y-waTi8BPdk Be in love with your sales this summer, because we are quite sure you will love this reward we have in store for you! Best Regards, Swati Bassi OM Financial Inc.