SOLO Loan insurance and SOLO Disability income | More accessible than ever!

Actuarial and Insurance Solutions November 10, 2025

Because simplicity and accessibility are the names of the game in today’s market, we’ve updated our SOLO disability insurance product so you can better support your clients and meet their needs.

Main changes – Starting November 26

Benefit payment without proof of income¹ – Now more accessible to more people

✔ SOLO Disability income

Now open to occupation class B
Restrictions for manual labour removed
Can be added (without an insurability statement) to policies that have come into force since July 1, 2018, for insured persons ages 60 or under at the time of application

Financial proof is required (federal income tax returns and financial statements for the last 2 years

¹ The Benefit payment without proof of income is also referred to as the Guaranteed benefit

Occupation class upgrades – Relaxed requirements

✔ SOLO Disability income ✔ SOLO Loan insurance

Relaxed professional experience requirements, which allows more people to qualify

The requirement to have at least 1 year of experience in their current job has been removed

No health questions for class upgrades during the first 5 years of coverage

Only information on annual income is required
The change is based on the age when the policy was issued

Benefits

	Simpler claims: More clients can submit claims without having to provide proof of income.
	Easier to qualify for class upgrades: Insured persons can get better coverage at a better price.
	More appealing product: These improvements make SOLO a more competitive product, which can help you with your sales.

Questions?