Printer-friendly version For a limited time, Empire Life Guaranteed Investment Fund (GIF)1 paper and digital deposits will earn an extra 10% commission. This includes GIF applications using the Fast & Full Investment App, Fundserv deposits via Wire Order, additional GIF deposits processed through the Empire Life My Advisor Dashboard, Pre-Authorized Debit (PAD), paper applications and deposits.2
| Wait, there’s more! Empire Life GIF digital deposits will earn an additional extra 5% commission bonus.2 |
| Offer is available for a limited time only. The commission bonus is available from September 1 to December 31, 2020. |
| | | +15%
DIGITAL |
| | +10%
PAPER |
Purchase Fee Option | Standard GIF
Commission Rate | GIF Commission
Bonus Rate | GIF Digital
Commission
Bonus Rate |
DSC | 5.0% | 5.50% | 5.75% |
No Load | 3.5% | 3.85% | 4.03% |
Low Load | 2.5% | 2.75% | 2.88% |
Front End Load3 | 0% | 0.25% | 0.38% |
F-Class/ Fee For Service (FFS)4 | Not Eligible | Not Eligible | Not Eligible |
Talk to your Empire Life sales representative today for details.
| Make earning extra commission easy with the Fast & Full Investment App. With features like the pre-fill functionality and the same day
one-time Pre-Authorized Debit (PAD) option5, Fast & Full allows you to reach more clients, and process applications faster. What’s more, submit your first Fast & Full Investment App and receive a $50 bonus on your next commission payment from Empire Life.6 
|
1 Segregated Fund contracts are issued by The Empire Life Insurance Company (“Empire Life”). A description of the key features of the individual variable insurance contract is contained in the Information Folder for the product being considered. Any amount that is allocated to a segregated fund is invested at the risk of the contract owner and may increase or decrease in value.
2 The campaign will pay an extra commission on all eligible deposits received and processed into Empire Life Guaranteed Investment Funds contracts - GIF 75/75, GIF 75/100 and GIF 100/100 from September 1, 2020 at 12:01 a.m. (ET) to December 31, 2020 at 4:00 p.m. (ET). All existing and recurring Pre-Authorized Debits (PADs) as of September 1, 2020 will receive the GIF digital commission bonus. See Information Circular 2020-26 for full details on the calculation and payment of bonus commissions.
3 Empire Life will pay a 0.25% deposit commission on all GIF Front End Load deposits, regardless of the Front End Load percentage selected by the client.
4 Any commissions in a F-Class/Fee For Service contract are negotiated by the client and the advisor/dealer and are paid by the client directly.
5 If application is received before 4:00 p.m. (ET).
6 To be eligible for the $50 bonus, your first Fast & Full investment application must be submitted between January 1, 2020 at 12:01 a.m. (ET) and December 31, 2020 at 4:00 p.m. (ET) with the policy issued by 4:00 p.m. (ET) December 31, 2020 as per Bonus Rules. Total bonus reward per advisor is $50 and its value will be included as taxable income for 2020.
