Download Information Circular 2015-16 Launch of new GIF 75/75

DATE:
CATEGORY:
TO:
SUBJECT:
No. 2015-16
APRIL 7, 2015
INVESTMENTS
Managing General Agents, Associate General Agents, Brokers, General Agents and
National Accounts
Launch of new GIF 75/75 series and new Monthly Income GIF
-----------------------------------------------------------------------------------------------------------------------------------
We are pleased to announce the following additions to our suite of investment products
built on simplicity and choice. They are available for sale effective April 20, 2015, pending
regulatory approval.
Launch of new
75/75 series
Launch of new
segregated fund
Resources
Empire Life GIF 75/75 series:
• Automatic annual death benefit guarantee resets until age 80 – unique in the industry!
• Maximum issue age 80 – maximum deposit age 90
• Emblem GIF Portfolios, a tactically managed program offering enhanced trailer
commissions
• Full range of investment options, including 100% equity
Empire Life Monthly Income GIF:
• Diverse sources of yield includes government bonds, investment grade bonds, high yield
bonds, preferred shares, investment trusts and dividend-paying common stocks
• Balanced mandate with neutral asset mix of 45% fixed income and 55% equity - seeks to
provide investors with diversification and reduced volatility
• Available in all GIF series (75/75, 75/100, 100/100) and Class Plus 2.1, our GWB
Visit Launch Central to find complete details about these additions, including point of sale
and marketing materials.
A frequently asked questions document is attached.
Reference
Julie Yoshikuni, Vice-President, Retail Investment Products and Marketing
® Registered Trademark of The Empire Life Insurance Company
Policies are issued by The Empire Life Insurance Company
Information Circular 2015-16
Page 1 of 3
FOR ADVISOR USE ONLY
FREQUENTLY ASKED QUESTIONS
Q:
What point of sale materials should I use?
The chart below outlines the point of sale documents required for our products. You
can begin using these documents on April 20, 2015, when our additions become
available for sale, pending regulatory approval.
Please note that inserts will be used to update the 75/100 application for the launch of
the Empire Life GIF 75/75 series. The insert and application must be signed and
submitted.
The insert will be included when ordering paper copies or when printing from the web
site. It is also available at Launch Central so you can update your current supply of
applications. If application is being made for the Empire Life GIF 75/100 contract, the
insert is not required.
Addendums will be used to update the Empire Life GIF 100/100 (INV-942) and Class
Plus 2.1 (INV-944) Information Folders for the launch of the Monthly Income GIF.
The Addendums will be included when you order the Information Folder. You can
update your current supply of Folders by printing off the Addendum at Launch Central.
Product
Point of Sale documents
75/75 GIF client name
•
•
•
•
75/75 GIF nominee
•
•
•
•
75/75 GIF TFSA
•
•
•
•
75/100 GIF all account
types
•
•
•
•
Use the 75/100 client name application and the 75/75 client
name application insert (INV-911 and INV-911A).
You can write in the fund code for new Monthly Income GIF.
Please destroy your stock of 75/100 information folders. A new,
shared 75/75 & 75/100 folder (INV-943) is available.
Continue to use the current Fund Facts (INV-941).
Use the 75/100 nominee application and 75/75 nominee
application insert (INV-912 and INV-912A).
You can write in the fund code for new Monthly Income GIF.
Please destroy your stock of 75/100 information folders. A new,
shared 75/75 & 75/100 folder (INV-943) is available.
Continue to use the current Fund Facts (INV-941).
Use the 75/100 TFSA application and 75/75 TFSA application
insert (INV-913 and INV-913A).
You can write in the fund code for new Monthly Income GIF.
Please destroy your stock of 75/100 information folders. A new,
shared 75/75 & 75/100 folder (INV-943) is available.
Continue to use the current Fund Facts (INV-941).
There is no change to the 75/100 application.
You can write in the fund code for new Monthly Income GIF.
Please destroy your stock of 75/100 information folders. A new,
shared 75/75 & 75/100 folder (INV-943) is available.
Continue to use the current Fund Facts (INV-941).
® Registered Trademark of The Empire Life Insurance Company
Policies are issued by The Empire Life Insurance Company
Information Circular 2015-16
Page 2 of 3
100/100 GIF all account
types
•
•
•
•
CP2.1 all account types
•
•
•
•
There is no change to the 100/100 application.
You can write in the fund code for new Monthly Income GIF.
There is no change to the 100/100 information folder but it will
include an addendum for new Monthly Income GIF.
Continue to use the current Fund Facts (INV-941).
There is no change to the CP2.1 application.
You can write in the fund code for new Monthly Income GIF.
There is no change to the CP 2.1 information folder but it will
include an addendum for new Monthly Income GIF.
Continue to use the current Fund Facts (INV-941).
Q:
Where can I go to find out more information?
A:
Please contact your Empire Life Investments sales representative or visit Launch
Central to access point of sale documents and marketing materials.
A description of the key features of the individual variable insurance contract is contained in the Information Folder for
the product being considered. Any amount that is allocated to a Segregated Fund is invested at the risk of the
contract owner and may increase or decrease in value.
® Registered Trademark of The Empire Life Insurance Company
Policies are issued by The Empire Life Insurance Company
Information Circular 2015-16
Page 3 of 3