Novinsoft

04/06/2025

https://novinsoft.com/equitable-goes-universal-canada-life-goes-back-in-time/

Equitable Goes Universal – Canada Life Goes Back In TimeBy Novinsoft / April 4, 2025 Equitable Life has added their Equitable Generations Universal Life product and U.L. Sales Concepts to their Online Illustrator. Advisors can now illustrate both Equimax Par and Equitable Generations U.L. on all t...

04/03/2025

EQUITABLE GOES UNIVERSAL
CANADA LIFE GOES BACK IN TIME

Equitable Life has added their Equitable Generations Universal Life product and U.L. Sales Concepts to their Online Illustrator. Advisors can now illustrate both Equimax Par and Equitable Generations U.L. on all their mobile devices.
With the latest Canada Life Online Illustrations release, Canada Life Advisors can now provide their clients with Par Inforce Illustrations that go all the way back to the 90s. Some very funky products back then.

11/13/2024

Par Tax Test Engine

With the latest release of their Online Illustrations application Canada Life is now using both the Par Tax Test and Universal Life Tax Test capabilities of the Novinsoft Tax Test Calculation Engine.

The multi-application Tax Test Engine can be used across Illustration Systems, Administration Systems, and with other Inhouse or 3rd party applications.

05/29/2024

So long Desktop Illustrators…..

It’s been fun.
With their May 27 Online Illustrator release, Canada Life has officially retired the Concourse Desktop Illustrator.
Others are planning to do the same.

Access to Canada Life Sales and Inforce Illustrations for brokers/agents, etc. is available only online via Google Workspace.
No more downloads or updates required. New rates and features are all auto-updated. Releases are quicker, easier, and more often.

Enjoy your retirement.

02/16/2024

New NovinNews on our website. Check it out

On-line Universal Life with our Multi-app Tax EngineBy Novinsoft / February 16, 2024 Canada Life released the latest Web-based Canada Life Illustrator February 12th, adding Universal Life. With this release, all their Life and Health products are now included on the Novinsoft-built on-line solution....

02/15/2024

On-line Universal Life with our Multi-app Tax Engine

Canada Life released the latest Web-based Canada Life Illustrator February 12th, adding Universal Life. With this release, all their Life and Health products are now included on the Novinsoft-built on-line solution.
Canada Life advises their salesforce – “You will be able to focus on the most valuable client opportunities with our new UL digital experience on Canada Life Illustrations, which makes universal life insurance illustrations easier to use than ever to illustrate. This includes faster solves and a new, enhanced client report. It also includes the ability to download and share your saved cases with others. With the enhanced UL illustrations moving to web, UL will no longer be available on the desktop Concourse illustration software on Feb. 12.”
The latest system now uses the Novinsoft multi-application Tax Test Engine that can be used across UL and Par Illustrators, Administration Systems, and other applications.

12/24/2023

Happy Holidays from Novinsoft

09/01/2023

1993

- Kim Campbell, Brian Mulroney, and Jean Chretien were all Prime Minister in the same year.

- Nelson Mandella won the Nobel Peace Prize

- Dinosaurs roamed the Earth in Jurassic Park.

- And September 1 that year; Novinsoft was born.

Novinsoft has now been in business for 30 years. We think that’s a significant milestone.

A whole lotta thanks to all our client companies over all the years. Here’s to many more.

08/01/2023

Dynamic Estate Transfer+ and Corporate Estate Transfer+ sales concept/strategy reports and graphs in both Traditional and Simplified Chinese have been added to the Novinsoft-developed web-based Canada Life Illustrator on July 31.

This provides more in-language options to use these strategies in this important market segment.

Canada Life will ultimately be including Chinese Reports as an option for many other strategies and product illustrations as well.

06/01/2023

Check this out !!

Founded in 1993, Novinsoft is a major provider of Life and Health Sales and Inforce Product illustrators, Sales Concepts, and Needs Analyses to the Canadian Financial Services industry. Novinsoft specializes in working with clients to custom design and develop systems to client specific and unique r...

04/01/2023

The Gift of Par

Canada Life is continuing to add more products and sales strategies into the web-based, Novinsoft-developed, Canada Life Illustrations tool - available through Workspace.
It includes the launch of a new, first-of-its kind in Canada, participating life insurance product designed for charitable giving. It gives clients the ability to choose a registered charity who will be both the owner and beneficiary of the policy.
This innovative product, called My Par Gift, addresses the needs of both a client who wants to support a charity and the chosen registered charity. It provides clients with a simple, one-time payment option that is eligible for a donation tax receipt.
The first product available in the Canadian insurance market designed solely for charitable giving.

In addition to accessing My Par Gift illustrations, agents can now also create critical illness insurance illustrations online.
Canada Life expanded the strategies section of the online Illustrations to include Corporate Estate Transfer+ in addition to Estate Transfer+.