Life Design Analysis Inc.

Tune in to our latest episode as we welcome Mike Stocks, VP and Chief Marketing Officer Retail at Empire Life! Join Nik, Matt and Mike for an insightful discussion about digitization from the perspective of an Insurance Carrier, along with other engaging topics. A standout moment from the episode revealed that 92% of life insurance applications at Empire Life are now being done electronically through Empire Life's Fast & Full. Mike shared, "The soundbite I heard repeatedly was, 'I can't believe how long I waited to try it, it's so simple. I am going to do all my apps this way.'" This is one episode you definitely won't want to miss! Catch it here: https://bit.ly/4e1s92P or on any major streaming platform. #LDA #EmpireLife #PolicyPod #lifeinsurance #insurance #insuranceadvisor #podcast

The ongoing decrease in life insurance sales in Canada since 2010 presents a significant challenge for our industry. With over 100,000 policies lost, it is crucial to reevaluate our strategies. Recruiting and training new advisors is vital, and it necessitates collaboration and investment in professional development. We are proud to enhance the advisor experience both individually with advisors and also on a larger scale, thanks to our exceptional partners in the industry such as HUB Financial, PPI, and IG Wealth Management. With the right tools things like compliance, processes, and training become second nature, allowing advisors to concentrate on nurturing long-term relationships with their clients. Read the full article by Serge Therrien here: https://bit.ly/3BM002e #LifeInsurance #IndustryInnovation #AdvisorTraining #Collaboration

We're always thrilled to be mentioned by industry advocates and leaders like Jason M. Pereira! 🎉 Digital tools, such as LDA, provide advisors with the power to streamline their processes and strengthen client relationships. With the industry starting to move past filing cabinets and paper applications, managing your block of business becomes much more efficient when all your in-force opportunities are visible and actionable in one centralized location. A big thanks to Jason for the shoutout! 🔗 https://bit.ly/3NdEHcm How do you think digital tools can reshape the future of financial advising? If you want to see how LDA can help your insurance practice, try it risk free for 15 days https://www.lifedesignanalysis/sign-up #LDA #digitaltools #Innovation #ClientSuccess

We are very appreciative of the endorsement from Hub and the value we can bring to their business and their advisors. Special thanks to Jamie Greenfield and Andrew Fink, CFP for their support!

We are excited to announce our strategic partnership with HUB Financial Inc. This collaboration will provide HUB advisors with an innovative platform and advisor tools designed to enhance client support and streamline the advisory process. With Propel, HUB advisors will be empowered to support their insurance clients from the moment they login to the platform for the first time. Together, we're committed to driving growth, maintaining compliance, and helping advisors deliver exceptional client experiences. Read the full press release here: https://bit.ly/3ZJvRdV #LDA #HUBFinancial #Partnership #Innovation #ClientExperience #FinancialAdvisors

Have you listened to our latest episode of PolicyPod? Teaming up with Darren Ryan from Ryco Financial, Matt shares his experience of obtaining life insurance for the very first time. They delve into the entire process, offering valuable insights from both the buyer's perspective and the advisor's viewpoint. This episode provides a unique opportunity to see the journey unfold from both sides, emphasizing the importance of understanding the process. Listen today: https://hubs.la/Q02RqfCG0 #policypod #lda #lifeinsurance #insurance

As we celebrate LDA's 10th anniversary, we want share in your success and want to hear your inspiring success stories! We can’t wait to hear how LDA has helped you close a sale or completely transformed your approach to selling insurance. Send your amazing stories to marketing@lifedesignanalysis.com by December 1st, 2024, and you could be one of the lucky winners to receive exclusive LDA merchandise and a $100 Amazon Gift Card! Feel free to submit multiple entries. We are bursting with excitement to feature some of these incredible stories in our December episode of PolicyPod! #policypod #LDA #success #story #contest

The Ontario Ministry of Finance is proposing a new regulatory framework for Life and Health Managing General Agents (L&H MGAs) to enhance consumer protection and ensure a competitive market. With MGAs accounting for 65% of new individual life and health insurance premiums, these updates are essential for modernizing the industry. Key highlights include: 🔹 A dedicated licensing class for L&H MGAs 🔹 Enhanced compliance systems and professional standards 🔹 Clear responsibilities for insurers in overseeing MGAs Read more about these upcoming changes here: https://hubs.ly/Q02Rm8YG0 #Insurance #RegulatoryUpdates #ConsumerProtection #OntarioInsurance

We were thrilled to be invited to HUB DAY in London! The event provided a fantastic opportunity to connect with industry professionals and gain valuable insights into the latest trends and challenges in the insurance sector. It was a delight to meet and chat with all the attendees, exchanging ideas and experiences, and learning more about how we can support their insurance practices. Through engaging discussions and informative sessions like these, we are able to identify specific areas where our innovative solutions can make a significant impact for life insurance advisors, helping to streamline operations, enhance client relationships, and ultimately drive business growth. Thanks again for inviting us and having us! #LDA #HUBFinancial

A recent study reveals concerning gaps in life insurance coverage across several provinces. With Canada’s household debt now the highest among G7 countries, many families may not be prepared for unexpected financial burdens. As life insurance professionals, it’s crucial to assess your clients’ needs and ensure they have adequate protection. If you have not done a review of your clients policies lately, try using LDA. When you bring your block of business into LDA, we will sort your clients policies into their profile pages and with one click you can generate a policy summary report to see if there are any gaps in their total life insurance coverage. Let's bridge the coverage gap and provide peace of mind for Canadian households! #LDA #LifeInsurance #FinancialSecurity #InsuranceAdvice