January 2017 brings significant changes to the insurance industry. Changes to the exempt test rules come into effect for policies issued after 2016.
Glenn Stephens, LLP, TEP, is the vice-president, planning services at PPI Advisory and is part of ProCorp Financial’s extended team through our relationship with PPI Advisory. Earlier this year Glenn wrote an article for Advocis that explains how the new exempt test rules will affect insurance policies moving forward. You can read the article here.
Please contact us if you would like to learn more about the changes and the impact they could have on your policies or indeed future planning.