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A PUBLICATION OF ILS LEARNING CORPORATION
How do you prefer to get important updates and information about ILScorp and its products?
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Friendly Reminders

Many insurance professionals across Canada need to be aware that the deadline for obtaining continuing education credits is fast approaching.

Insurance adjusters in Alberta need to have all of their CE credits by May 31, 2008.

General Insurance Agents and Life/Accident & Sickness Agents in Manitoba need to have their CE credits in place by May 31, 2008.

General Insurance Agents, Life and A&S Agents and Insurance Adjusters in British Columbia will also need to have all of their CE credits completed by May 31, 2008.

Avoid the panic and get your CE credits today.

ILScorp is happy to offer hundreds of hours of courses for insurance professionals in any position, so there is plenty of choice for those who still need credit hours.

Call 1-800-404-2211 or visit ilscorp.com if you need hours.

Industry Briefs

One in five eligible Canadians are not taking advantage of employer-matched savings programs

Of the perks and benefits of employment, employer-matched savings programs are among the most coveted and desirable.

A recent survey by Sun Life Financial found that nearly 40 percent of Canadians who currently work have access to employer-matched savings programs such as group RRSPs and Deferred Profit Sharing Plans, but not nearly that many are taking advantage of the programs.

Sun Life Financial found that one-in-five employees are leaving this "free money", essentially forgoing anywhere from a 25 to 150 percent return on their investment.

Facts:

  • 21% of people who do not take advantage of employer-matched savings programs say that it is because they have no desire to do so.
  • 14% of people who do not take advantage of employer-matched savings programs say that it is because they do not have money to spare.
  • 6% of people who do not take advantage of employer-matched savings programs say that it is because they prefer to invest on their own.
  • Women are more likely (73%) than men (65%) to take advantage of matching programs.
  • Atlantic Canadians are the most likely to take advantage of these programs (78%).
  • Quebecers are the least likely in Canada to belong to employer-matched savings programs (59%).

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Residential title insurance now offered by The Co-operators

According to the Canadian Institute of Mortgage Brokers, real estate title fraud is costing Canadians as much as $300 million each year. To protect homeowners, The Co-operators are now offering residential title insurance to current homeowners through First Canadian Title.

Title insurance protects homeowners against challenges to the ownership of their home, including fraud, forgery and title defects. Identity theft and forged documents are often used to transfer a registered owner's title without their knowledge or permission.

The Co-operators is the first Canadian-owned multi-product insurance company to make this coverage available with First Canadian Title.
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Business borrowing hits more than $444 billion in 2006

Canadian businesses added to their debt last year, taking business loans amounting to roughly $444.3 billion. This is up 10.7 percent from 2005 and marked the third consecutive year that borrowing by businesses increased.

Statistics Canada noted an increase of over 85,000 business loans in 2006, for a total of more than two million. Larger businesses that are able to take on $5 million or more in loans borrowed 57 percent of the debt in 2006.

 

March's Green Tips and Facts

If every car carried one more passenger during its daily commute, 32 million gallons of gasoline would be saved each day.

 

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Brace yourself for a new way of Life Licensing Preparation from ILScorp

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Update: Federal budget summary and analysis available from ILScorp

Following Finance Minister Jim Flaherty's tabling of the federal budget on February 26, Ian Quigley, on behalf of ILScorp, prepared a brief recap of important changes and notices.

Find out how the new federal budget affects you and your family. What were the highlights? The lowlights?

Click here to learn more about the federal budget: ILScorp and Ian Quigley: 2008 federal budget highlights.

Great news for SGI CANADA brokers

ILScorp has just launched its newest course series dealing with the SGI CANADA Home Pak Policy.

The Home Pak Product course series is available now to all General subscribers. Each course explains facets of SGI CANADA's Home Pak in great detail, giving brokers who use these wordings the best product knowledge possible … all online, all accessible 24 hours a day, 7 days a week.

Each course is presented in a conversation format between a broker and a client. The courses give brokers all of the technical knowledge they need to sell their products but also show how to apply that knowledge in a real-life situation. Plus, you earn CE credits at the same time!

The series of six courses is available now in streaming-video and text formats and is free for all current ILScorp General Insurance subscribers. If you are not a subscriber or would like more information, don’t hesitate to contact us at 1-800-404-2211 or at info@ilscorp.com.

Please note: These courses are based on the Saskatchewan product and may differ from the product sold in other jurisdictions.

Holiday Hours at ILScorp

The ILScorp office will be closed on Friday, March 21 and open again on Monday, March 24.

Though our offices may be closed, don't forget that you can take any of our courses at anytime.

Please remember if you forgot your username and password, you can always request them via email by following these steps:

  1. Go to www.ilscorp.com
  2. Move your mouse over the "Contact Us" button on the top right
  3. Click on "Forgot Username/Password"
  4. Enter your email address
  5. Click "Get my Username/Password"

Have a safe holiday weekend!

Attention CUISA Commercial Producers!

Join us from April 13 to 18, 2008 for the CUISA Commercial Producers School at Crown Isle Golf and Country Club in Courtenay, British Columbia. Space is limited and running out quickly so make your arrangements today!

This five-day intensive course is designed to help commercial producers become more productive immediately. Take the skills and tips from the school directly into the field and watch successes happen.

This school is ideal for new commercial producers who want to immediately become more productive or for seasoned producers who want to revisit the basics.

Tuition to the CUISA Commercial Producers School includes five nights at the Crown Isle Golf and Country Club, meals, professional instruction, all study materials, a framed certificate of completion and an afternoon of golf.

Developed specifically for Credit Union Commercial Producers, these are five days you cannot afford to miss.

For more information or to register, contact Roberta Kelly (robertakelly@cucbc.com) at the Credit Union of Central British Columbia or ILScorp at 1-800-404-2211 or by email at info@ilscorp.com.

Have your say!

We'd love to hear more of your opinions! Your feedback helps us to deliver quality continuing education online. We're constantly looking to create the best possible eLearning environment for all of our subscribers.

If you want to have your say, click the following link to get to a brief survey about ILScorp. ILScorp March Survey

This survey is completely optional and 100% confidential. We do appreciate all of the feedback we receive.

Upcoming: CAIB III Preparation Immersion Course in Vancouver

West Coast Training's Todd Hochban is holding a live immersion course in Vancouver to prepare students for the CAIB III examination.

The course runs from April 21 through April 25 and will provide an in-depth study and analysis of the material included on the CAIB III exam.

Mr. Hochban has been an insurance trainer for over 16 years and has provided training to over 6,000 agents and brokers over 2200 training days.

Important dates and information:

April 21 to 25: Live CAIB III preparation immersion course at the BCIT Downtown Campus in Vancouver
April 4: Exam registration deadline
May 7: Exam date

For more information or to register, visit: http://westcoasttraining.ca/
   

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