Annual statement | Participating whole life insurance
Our new annual statement will be appearing on March 21, 2024, as a useful resource for clients with a participating whole life insurance policy.
Written in clear language, our new statement is detailed and easy to understand, allowing your clients to see their policy's financial values and variations since the last policy anniversary.
Learn about each section
|
| Product name and policy anniversary date
|
|
Name and address of the policyowner (individual or business) receiving the statement.
If there's more than one policyowner, we'll send the annual statement to the policyowner whose name appears first on the insurance application.
|
|
Contact person and their details to get information.
This is the advisor. If no advisor is assigned to the policy, the contact information of the Client Relations Centre will appear.
|
| Policy number and the names of all the policyowners and insured persons, excluding the insured persons under additional coverage.
|
|
Summary of policy values
Overview of the different values accumulated since the policy was purchased.
|
|
|
|
|
Dividend option in the policy and use of dividends
If applicable, the value of the previous dividend options will appear.
|
|
|
|
| Details on the variations in the cash surrender value, including important information to keep in mind when terminating the policy.
|
|
|
|
| If applicable, details on variations in the policy loan, including important information.
|
|
|
|
| Premium payment information.
|
|
