Why Canadians Prefer Bundling Insurance Policies

This presentation discussed the benefits of bundling insurance policies in Canada, highlighting cost savings, convenience, and customization. The presenter noted that 5.7 million Canadians are underinsured, with 2.7 million grossly underinsured. The presenter emphasized the importance of addressing financial needs, especially for the "sandwich generation" aged 46-55, who face significant debt and financial responsibilities. The presenter presented case studies showing significant savings through bundling, such as a $7,000 reduction over 20 years for a millennial couple. The presenter also stressed the importance of advisors asking clients about their insurance needs to uncover opportunities and ensure comprehensive coverage.

Presentation Preview:

Want to learn more about this presentation? Click the video to the left to watch the first 3 minutes! Full presentation time: 1h 2m

How to Earn Your CE Credit?

This is a simple 3 step process 1. Watch the full presentation video 2. Complete all parts of the curriculum (listed below) 3. Click the Complete Course button at the end. Good news for you, is that there are no quizzes!

CE Credits provided by this presentation:

* FP Canada - 1 General credit * Advocis - 1 IAFE Approved credit * FSRA - 1 FSRA Approved credit * AIC – 1 Life credit (in bundles) * ICS - 1 Life Insurance credit * ICM - 1 Life Insurance credit & acceptable to many other organizations.

Curriculum

1 Chapter · 5 Lessons

1
Why Canadians Prefer Bundling Insurance Policies
1. (Included in full purchase)
  Introduction and Instructions
2. (Included in full purchase)
  The Rules Governing CE Credits
3. (Included in full purchase)
  Presentation Overview
4. (Included in full purchase)
  Presentation Video
5. (Included in full purchase)
  Presenter Resourses

About the Presenter: Mike Liem

Mike Liem has been working in the Financial Industry since 1997. He began his career in the Banking Industry working for Scotiabank and CIBC, where he held roles such as Bank Manager, Small Business Manager and Financial Advisor. Mike has worked in the Insurance Industry since 2009, as an Insurance Advisor and Business Development Manager for another large Insurance company, Desjardins. He joined Canada Protection Plan, a Foresters Financial Company in 2014 and spent 9 years there as the Regional Vice-President for Ontario. Mike has recently joined Empire Life and continues to help Advisors and their clients find the right solutions and strategies to suit their ongoing needs.