Business
iA Financial Group launches iA PAR, a new participating life insurance product
iA Financial Group launches iA PAR, a new participating life insurance product Can...
About this update from Ia Financial Corporation Inc.
[{"type":"text","content":"\n\n\n\niA Financial Group launches iA PAR, a new participating life insurance product\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nQUEBEC CITY, June 15, 2020\n\n\n\nQUEBEC CITY, June 15, 2020 /CNW/ - Today, iA Financial Group launches iA PAR, its all new participating life insurance product designed for clients looking to maximize their estate value, gain access to a source of liquidity and diversify their investments.\n\"iA PAR once again demonstrates our commitment to constant innovation and to offering an unparalleled client experience and perfectly rounds out our product lineup,\" highlights Renée Laflamme, Executive Vice-President, Individual Insurance, Savings and Retirement at iA Financial Group. \"We have always strived to offer solutions that meet the evolving needs of our clients. That's why we are proud to now offer our new participating life insurance product and allow them to benefit from its advantages.\"\nA flexible, highly competitive product\niA PAR meets the highest expectations of clients who wish to: \nMaximize their estate value thanks to annual dividends Generate a long-term source of liquidity to do things like increase their retirement income or reduce their premium payments Provide a solid financial foundation for their children/grandchildren's future Benefit from a source of tax-advantaged asset diversification with privileged access to institutional asset classesiA PAR also offers some of the most sought-after features on the market:\nFlexible payment terms of 10 or 20 years, or up to age 100 Four dividend payment options, including the additional deposit option (ADO), which accelerates growth of the death benefit and cash surrender value An included disability guarantee allowing access to cash surrender valuesA distinctive sales experience for financial security advisors:\niA PAR is sold through EVO, our innovative transactional platform that offers a simplified experience adapted to the reality of advisors. iA PAR is also part of our product lineup offering instant acceptance at the point of sale for cove...