Life Insurance Replacement Declaration Canada Life
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As part of sun life s risk based approach please ensure a copy of the lird form is sent to head office.
Life insurance replacement declaration canada life. Before you cancel your life insurance policy you should have answers to the questions below. The life insurance replacement declaration lird allows consumers to better consider the merits of replacing an existing life insurance policy as the form sets out a number of important questions that the consumer may wish to consider when making their decision. Financial services commission of ontario subject.
The life insurance replacement declaration lird form 4357 e or the life insurance disclosure form are acceptable. Life insurance replacement declaration. Give the client a written explanation of the advantages and disadvantages of replacing the policy.
Please ensure that the form is acceptable in your jurisdiction before using it. The harmonized life insurance replacement declaration lird form developed in 2008 has been adopted in several jurisdictions and others are in the process of adopting the new form. Life insurance replacement declaration do not cancel your existing policy until the new policy is in force and you accept it.
Ask any insurance agent or broker or an independent person for help if you need it. Before you cancel your life insurance policy you should have answers to the questions below. Do not cancel your existing policy until the new policy is in force and you accept it.
Ask any insurance agent or broker or an independent person for help if you need it. All provinces except québec require the use of the lird. Ask any insurance agent or broker or an independent person for help if you need it.
Life insurance replacement declaration lird form. Life insurance replacement declaration. Do not cancel your existing policy until the new policy is in force and you accept it.
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