Broker contracting requirements
This guideline will provide you with information on how to complete and submit the required documents to
apply for a broker contract with The Standard Life Assurance Company of Canada.
Topics covered in this guideline are:
Documents required – pages 1 to 3
Proof of license and liability insurance requirements – page 3
How to send documentation – page 4
Where to send documentation – page 4
Confirmation of contract – page 4
Checklist – page 5
Documents required
Distributor’s Broker Agreement
Form 6820
Complete the Agreement as follows:
Page 1 – Identification area

On the lines provided, enter the names of the:
 Broker or broker’s corporation name (name entered should match the
name on the broker’s license or broker’s corporation license).
 General Agent, Associate General Agent, Personal Producing General
Agent or Distributor through which the broker is placing business.
 General Agent when the Distributor is an Associate General Agent.
Page 4 – Section 17. Notice

To the Broker, To the Distributor, To the General Agent
 In the three areas provided, enter the full addresses (street address,
suite/office number, city, province and postal code) of the broker,
distributor, and if applicable, the General Agent.
Page 5 – Signatures

Broker
 Print the name of the broker, or if applicable, the broker’s corporation
name where indicated.
 When the broker is an individual, his/her signature is required on the line
designated as Signature of Authorized Signing Officer.
 When the broker is a corporation, the authorized signing officer(s) print
their names and sign on the designated line(s).
 Enter the date of signing.
Retail Markets
Page 1 of 5
The information in this document is subject to change without notice.
For advisor use only. This document is not intended for public distribution.
The Standard Life Assurance Company of Canada
December 2010
Broker contracting requirements
Documents required cont’d
Distributor’s Broker Agreement
Form 6820 Cont’d
Page 5 – Signatures cont’d

Distributor
 Print the names of the Distributor and authorized signing officers.
 The authorized signing officers sign on the designated line(s).
 Enter the date of signing.
Page 6 - Signatures

General Agent
 The General Agent completes this section when the Distributor is an
Associate General Agent.
 Print the names of the General Agent and authorized signing officers.
 The authorized signing officers sign on the designated line(s).
 Enter the date of signing.

Broker is a corporation
 Complete when the broker is a corporation.
 Print the name of each Principal (owner) of the corporation.
 The Principals sign on the designated lines.
 Enter the date of signing.
Broker Remuneration
Schedule A - Form PC 3191

Retain this schedule for your records (no signatures required).

This schedule is updated periodically. The latest version is available from our
website at www.standardlife.ca.
1.
Under Secure Online Access select ClientINFO.
2.
On the Log-in page, enter the User ID and PIN provided by Standard Life.
3.
Click Submit to continue.
4.
Select eCommissions to view and print the Schedule A.
Application for Broker Contract
Form PC 3237

Complete all sections of the form as required.

Page 4 – Consent and Authorization – The broker (applicant) signs and
dates this page.
Broker Bonus Rate Request
Form 5877

The distributor completes this form to indicate the percentage of override
(bonus) payable to the broker.

Authorized by GA, AGA or PPGA – A signing officer of the distributor
completes, dates and signs this section.

If this form is not completed and submitted to Standard Life, full override is paid
to the distributor. Once override is paid retroactive adjustments/payments
cannot be made.
Retail Markets
Page 2 of 5
The information in this document is subject to change without notice.
For distributor use only. This document is not intended for public distribution.
The Standard Life Assurance Company of Canada
December 2010
Broker contracting requirements
Documents required cont’d
Direction of Commission
Request for direct deposit of
commission
Form PC BIL 3411

When required, the broker completes and signs this form to request the
payment of commission to a third party.

The third party must be contracted with Standard Life and must be licensed.

Commissions are paid by direct deposit.

The broker completes, dates and signs this form to authorize the payment of
commission directly into the broker’s bank account.

The name of the bank account owner must match the name on the Distributor
Broker Agreement.

Attach a blank specimen cheque displaying the broker’s banking details.

In the case of a direction of commission, both the broker and third party
complete this form.
 The broker’s information (Name, Broker Code, Sales Office Code) is
entered on the top of the form.
 The third party enters their banking information in the Financial institution
information area and provides a specimen cheque.
 The third party signs and dates in the area designated as Broker’s
signature.
Request to Move a Segregated
Fund Book of Business to
FundServ Electronic Platform
Form PC 5777

Complete this form to move an Ideal Segregated Fund book of business to
FundSERV.

The broker and distributor date and sign in the designated areas.
Proof of license and liability insurance requirements
License
Liability insurance (E&O)
Retail Markets

Provide a copy of the broker’s license for each province or territory where the
broker is licensed.

Provide a copy of the broker’s individual license(s) and/or corporate license(s).

Provide a copy of the broker’s liability insurance coverage.

The name on the liability insurance should match the name on the license.
Page 3 of 5
The information in this document is subject to change without notice.
For distributor use only. This document is not intended for public distribution.
The Standard Life Assurance Company of Canada
December 2010
Broker contracting requirements
How to send documentation
Email
Regular mail

Email the scanned documents to your Standard Life contract coordinator at the
Regional Centre.

It is recommended that documents containing broker’s personal information
are password protected.

Paper copies of the documents will not be returned. Keep the original signed
documents for your records.

Regular mail - If your office is not equipped to email scanned documents, we
will continue to accept documents by mail until further notice.
Where to send documentation
Send all documentation to your Standard Life Regional Centre
Montreal
Eastern Regional Centre
Email
contracting@standardlife.ca
Mailing address
Standard Life
Contract Coordinator
1245 Sherbrooke Street West
Suite 1700
Montréal, Québec H3G 1G3
Toronto
Central Regional Centre
Email
central.contracting@standardlife.ca
Mailing address
Standard Life
Contract Coordinator
100 Sheppard Avenue East
Suite 1011
North York, Ontario M2N 6N5
Email
western.contracting@standardlife.ca
Mailing address
Standard Life
Contract Coordinator
th
639 - 5 Avenue S.W.
Suite 1500
Calgary, Alberta T2P 0M9
Vancouver & Calgary
Western Regional Centre
Confirmation of contract

Standard Life will send your office an acceptance message by email to confirm the approval of the broker’s
contract.

Please forward the acceptance message to your broker.

The broker’s code is provided in the acceptance message.

Standard Life will send the broker a User ID and PIN in order that they can access our protected websites.
Retail Markets
Page 4 of 5
The information in this document is subject to change without notice.
For distributor use only. This document is not intended for public distribution.
The Standard Life Assurance Company of Canada
December 2010
Broker contracting requirements
Checklist
Use this checklist to verify that all required contracting documents are sent to Standard Life.

st
1 sale – provide the following information:
 Client’s name
 Policy or /contract number if available
 Type of product applied for (life insurance, critical illness insurance, Ideal Segregated Fund,
Ideal Term Fund, annuity or Structured Settlement Annuity).
Mandatory

Distributor’s Broker Agreement (1 copy)

Application for Broker Contract (1 copy)

Broker Bonus Rate Request (1 copy)

Direction of Commission (1 copy)

Request for direct deposit of commission (1 copy)

Request to Move a Segregated Fund Book of Business to FundServ (1 copy)

Copy of license(s)

Copy of liability insurance
Retail Markets
Mandatory
Mandatory
Mandatory
Only required to pay commission to third party.
Mandatory
Only required to move a book of business to FundServ.
Mandatory
Mandatory
Page 5 of 5
The information in this document is subject to change without notice.
For distributor use only. This document is not intended for public distribution.
The Standard Life Assurance Company of Canada
December 2010