Canada

  • Groups
    • Advocis - 
    • CAILBA - cailba.com/
    • Canada Life
    • CAP - Consumer Advisory Panel
    • CLHIA - Canadian Life and Health Insurance Association - clhia.ca/
    • Fair Canada - 
    • IFB - Independent Financial Brokers of Canada 
    • RIBO - Registered Insurance Brokers of Ontario
  • Social Media
    • Always Marco - Marco Moukhaiber
      • 2023 - LC - Primerica vs Marco Moukhaiber – Always Marco  ---  [BonkNote]
    • 2023 0607 - Affinity Life - Insurance MLM's Under Investigation by FSRA-They're BUSTED Now! - [VIDEO-YouTube-14:31]
      • [Bonk: Add: Report - 2022 0928 - FSRA - CCIR cooperative MGA-focused thematic review - Consolidated observations report  ---  [link]  ---  30p
      • 12:00 - it's the Wild West for the last 20, 30 years
      • Nobody wants to take accountability
      • 4 issues
        • Rapid Growth
        • Sale of Complex Products by Agents
        • Concerns with Agent Training
        • Lack of Agent Oversight
  • 2014 02 - IMF - Canada - Financial Sector Stability Assessment - IMF Country Report No. 14/29 - 61p
  • 2014 02 - IMF - Canada - Report on the Observance of Standards and Codes - IMF Country Report No. 14/30 - 67p
  • CCIR-CISRO Fair Treatment of Customers Working Group - [link]
    • CCIR / CISRO - Incentive Management Guidance Consultation
    • 2022 09 - Stakeholder Submissions - Incentive Management Guidance - 83p
      • (p) - Advocis, The Financial Advisors Association of Canada
        • c. Concrete Examples of Unacceptable Incentives
          • We believe the Guidance would benefit from more concrete and granular examples. This would provide the insurance industry with greater clarity and certainty regarding inappropriate incentives
  • 2007 01 - AP - Criminological Highlights, Volume 8, Number 4 - 12p
    • This issue of Criminological Highlights addresses the following questions:
      • 3. Would you buy life insurance after reading this paper?
      • Reference:  2006 - AP - The Institutionalization of Deceptive Sales in Life Insurance. by Ericson, Richard V. and Aaron Doyle, British Journal of Criminology, 46, 993-1010. 
  • The obvious question that springs to mind when asked to consider non-traditional life products is what is meant by "non-traditional"?
    • Upon reflection, virtually every product of significance in today's market can be termed non-traditional in one way or another.

--  Trevor C. Howes

1984 - SOA - Non-Traditional Life Insurance in Canada, Society of Actuaries - 28p

  • CLHIA - Guideline G6 - Illustrations - 10p
    • (p1) - “Primary scenario” means a scenario for values or features of a policy that is based on assumptions about factors affecting the values or features that the insurer judges as reasonable. This includes but is not limited to interest rates. 
  • Book - LexisNexis - Canadian Agency Law, by G.H.L Fridman
  • Book - Carswell - Cases on the Canadian Law of Insurance,
    • 4 -1988 - 806p
    • 5 - 1995 - 876p 
  • Book - LexisNexis - Contemporary Canadian Insurance Law, by Michael Thomas, Nigel Trevethan
  • Book - LexisNexis - General Principles of Canadian Insurance Law, by by Barbara Billingsley
  • Book - LexisNexis - Insurance Law in Canada, by Craig Brown
  • Book - Irwin Law - Insurance Law, by Denis Boivin
  • Book - LexisNexis - Introduction to Canadian Insurance Law, by Craig Brown
  • Book - Insurance Law Words & Phrases: Judicially Defined in Canadian Courts and Tribunals, Carswell, ISBN 045921652X, 9780459216528
  • Book - ThomasReuters - Norwood on Life Insurance Law in Canada
    • 1 - 1977 - 399p
    • 2 - 1993
    • 3 - 2002 - 656p
  • (ii) - The concept of informational asymmetries that favour life insurance firms against consumers is central to our analysis of life insurance markets.
    • If consumers could sort life insurance policies and firms by their true valuation of policy options and riders, savings elements, and qualities of the management of firms so that price variation would reflect only the differing characteristics of products that reflect, in turn, the differing needs of consumers, i.e. known differences in quality, then any government information program would be unnecessary.
      • Unfortunately, there is no reason to believe this is the case and every reason to believe that exactly the opposite holds. 

1981 - Regulation of Canadian Markets For Life Insurance, by G.F. Mathewson and R.A. Winter. A final report submitted to the Department of Consumer and Corporate Affairs, Government of Canada - 94p

  • Summary: The U.S. and Canadian marketplaces are seeing an increase in the market share of "traditional" life insurance products, such as whole life (WL) and universal life (UL).
    • Although both countries are seeing a similar shift to traditional products, U.S. and Canadian traditional products are not alike.
    • What are the differences and how did these differences arise?
    • With a focus on WL and UL insurance products, panelists from both sides of the border discuss:
      • market and regulatory differences and similarities;
      • the comparison of product offerings in each country;
      • and an overview of current issues in product development.

2003 - SOA - North and South of the Border—Product Distinctions, Society of Actuaries - 22p

  • 1980 - Fourth Report: Life Insurance - Select Committee on Company Law - Select Committee on Company Law was reconstituted on May 25, 1976
  • The Uniform Life Insurance Act, Canada
  • 1981 - Regulation Of Canadian Markets For Life Insurance, by G.F. Mathewson and R.A. Winter. A final report submitted to the Department of Consumer and Corporate Affairs, Government of Canada - 94p
  • 1983 - Regulation of Canadian Markets For Life Insurance, by G.F. Mathewson and R.A. Winter. A final report submitted to the Department of Consumer and Corporate Affairs, Government of Canada - 132p
    • Shoppers' Guide Canada, to Canadian Life Insurance Prices, ed. by William E. McLeod
  • 1981 - SOA - Current Topics: Canadian Insurance, Society of Actuaries - 26p
  • 1984 - SOA - Non-Traditional Life Insurance in Canada, Society of Actuaries - 28p
  • 1984 - SOA - Changes in the Canadian Regulatory Framework for Life Insurance, Society of Actuaries - 36p