LICENSE, JURISDICTION AND DISTRIBUTOR RELATIONSHIP

Each advisor is licensed in Ontario and has the option to become licensed in additional provinces or jurisdictions.  For insurance products, we process our insurance related business through a Managing General Agent (or “MGA”), which will pay us, or direct the insurance company to pay us, a bonus on commissions earned from the sale or insurance products that we sell. This bonus constitutes a portion of the overall compensation we are paid in conjunction with commissions referenced below. In addition, we have full discretion to deal with one or the other insurer with whom we trade and we are not subject to any pressure from our Managing General Agent to favour one or the other insurer.

CONTINUING EDUCATION

In order to maintain a valid life/accident and sickness license, each advisor is required to meet mandatory continuing education. Where applicable, these educational requirements are met through attendance at various seminars and industry meetings.

COMPENSATION – MONETARY AND NON-MONETARY

Upon completion of an insurance transaction, we will be paid a sales commission by the company that provides the product you purchase which is generally based on a percentage of the premiums. We may receive a renewal (or service) commission if you keep that policy in force. We may be eligible for additional compensation, such as bonuses or non-monetary benefits, such as travel incentives, seminars, depending on various factors such as the volume of our sales or persistency of business that we place with a particular company during a given time of period. Should your contract be cancelled within a certain period of time we may be subject to a chargeback for a portion or all of the commissions earned.

NATURE OF OUR RELATIONSHIP WITH THE COMPANIES WE REPRESENT

No insurance company holds an ownership interest in our business, nor do we hold or control ownership in any insurance company

CONFLICTS OF INTEREST

Our advisors are required to declare any interest that may prevent them from offering impartial advice. We will notify you immediately if there is a conflict of interest of which we become aware in regards to our services.

COLLECTION OF INFORMATION

We will, from time to time, collect financial and other information on you. This information includes transaction-related details arising from your relationship with or through our advisors. We may obtain this information from a variety of sources, including your own records with us, from transactions you have made with or through our advisors, from credit reporting agencies and other financial institutions, and from references you have provided to us.

USE OF INFORMATION AND ACCESS TO INFORMATION

You authorize you advisor and our distributor, the Managing General Agent, to collect and maintain this information when you apply for an insurance product or service, and during the course of our relationship in order to administer the insurance product or service for which you have applied and to fulfill our legal and regulatory obligations.  For these purposes, we will have to share your information with third party service, such as paramedical service providers, and insurers to whom you are applying for an insurance product or service.  You have the right to obtain access to the information you hold about you on file at any time to review its content and accuracy and to have it amended as appropriate. To request access to your information, to ask questions about our privacy policies, or to request that the information not be shared or used for the purposes outlined above, you can now or anytime in the future contact us.  If you are no longer our client or this agreement terminates, we may keep your information in our records so long as it is needed for the purposes described above or as long as it may be required by the law.

ADDITIONAL BUSINESS

You are not required to transact additional or other business with us as a condition of this transaction. Other than outlined above, your personal information will not be shared with individuals or other organizations

CANADIAN ANTI-SPAM LEGISLATION: EXPRESS CONSENT

We will ask for your consent to email you regarding products and information that you have applied for or might be further interested in.

INSURANCE COMPANY RELATIONSHIPS

We can offer a full range of insurance products and services offered by the following companies:

•  Assumption Life
•  Beneva
•  Blendable
•  BMO Insurance
•  Canada Life
•  Canada Protection Plan
• Desjardins Financial Security Life Assurance Company
•  Destination Travel Group
•  Empire Life
•  Equitable Life of Canada
•  Foresters Financial
•  Group Medical Services
•  Humania
•  Industrial Alliance
•  Ivari
•  Manulife
•  RBC Insurance

REFERRALS FROM OTHER LICENSED AGENTS

Our agents will support other licensed agents that do not have access to our products/services.  We will honestly and transparently inform you of your options, advantages and disadvantages of the choices available.  Our aim is to provide you with the best options available in the marketplace.  By supporting the referring agent, we ensure that your best interests remain first priority.  Compensation for any new business will be paid to the referring agent in the form of a referral fee.