Dear Valued Partner,
Chubb Life Insurance Company of Canada is currently in the process of evaluating the proposed G19 Guideline document as issued by the Canadian Life and Health Insurance Association (CLHIA), as well as the industry reaction generated by its implementation, in order to formulate our position as to how we are prepared to move forward on this issue. In response to feedback from the advisor community, the CLHIA has postponed the implementation of its new Guideline G19 by six months for new contracts to January 1, 2019.
Once we have decided how we will proceed regarding Guideline G19, we will provide you with a detailed communication to this effect.
*Until such time as we provide you with this information, please be advised that it is “business as usual”.