CLASS act for web-based advisers

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Canada Life has added enhancements to its e-business portal which should see group risk products go ‘on-risk' within 10 minutes.

The life insurer claims this latest roll-out of the Canada Life Automated Self Service (CLASS) is “another first in the group risk market” as it allows intermediaries to complete the application process for new members of its group risk service online and receive immediate confirmation cover is in place. At the same time, intermediaries now have access to initial scheme documents which are pre-populated with scheme and membership details and only require the client’s approval and signature. Additional extensions to functionality include a rapid access search facility, the ability to tra...

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