New Testimonial from Yang Yang and Anna Yang

Recently the Yang Yang family (Yang and his wife Anna) were kind enough to send me a photo of themselves and their two lovely girls (even pictures can't do justice to this adorable pair). I've included their photo on the testimonial section of the site along with an excerpt from one of their letters to me .

Yang Yang and Anna Yang

I'm so grateful when clients let me know how they appreciate the work we do for them. It's great working in a family business like this. Particularly on the holidays, when I get to spend more time with my own family it's wonderful to know that I'm helping others with their own families.

Thanks Yang! Happy New Year to you and Anna and the girls!

Understand your contract!

Buying life insurance is a prudent and selfless decision, but be sure that you fully understand the contract – its terms, conditions, limitations and exclusions – before you sign on the bottom line.

The latest article in our life insurance tips section tells you about all the things to keep in mind when reviewing your life insurance contract, so you can be sure your family gets paid. 

April contest winner of iPod

I was delighted to receive a thank you letter from April iPod winner Falak Patel

Falak Patel

"I wanted to thank you for doing such a terrific job in servicing my family's insurance needs. You made the entire process fun and easy and you gave us the best rate on the market

I was also very pleasantly surprised to hear I won a brand new iPod. Thanks again and keep up the terrific work!"

Congratulations Falak!

Life Insurance Prices and You

Do you think price is the only factor to consider when choosing the right insurance company?

It's a good reason, but price is not everything.

We have just published two new articles in the life insurance tips section on this theme. The first one gives the low down on which insurance company to choose, and the second one tells you why not buy a Primerica insurance policy.

Dr. Emilio Castaldi talks about his LSM life insurance experience

Recently I received a letter from Dr. Emilio Castaldi. I thought he might want me to call one of his friends on another referral. But instead he wrote me to thank me for his life insurance experience with us. I was thrilled to see what he had written.

Dr Emilio Castaldi and I

I would strongly recommend Lorne S. Marr and LSM Insurance to anyone looking at reviewing their life or health insurance needs.

Lorne's service is first rate - his website is filled with value packed information  about life, disability and critical illness insurance. I found your insurance needs calculator very user friendly and I was able get an instant life insurance quote in seconds.

It's easy to see why your firm is a leader in the industry.

We really try hard to take the best possible care of all our clients. The words of appreciation are much appreciated Emilio.

Thanks for sharing!

Guaranteed Issue Life Insurance - What You Need To Know

There's been a lot of hype around guaranteed issue life insurance, which offers coverage without medical exams and no pushy salespersons in the process. As always, some deals sound too good to be true. To get an insight into these policies, read our latest article about guaranteed issue life insurance and find out in which cases it makes sense - and in which should you avoid it.

New Article About Child Insurance

We have a new article in the life insurance tips section in which all the related things are discussed about life insurance for children. Does insuring your child's life make any sense or is it more insurance company shenanigans preying on innocent families darkest fears?

Empire Life Solution Series Life Insurance: Critical Evaluation

I've been reviewing Empire Life's most recent term insurance revisions. They have made some positive refinements but in the end it's a bit of a wolf in sheep's clothing. First here's what Empire Life says about the policy:

Empire Life Tweaks Its Solution Series

Kingston, Ont.-based Empire Life Insurance Co. is changing its Solution Series term life insurance products, including a new pricing band and a "no fluids" approach to underwriting policies.

The "no fluids" clause in policies up to $249,999 and age 45 will be extended to all life insurance products offered by Empire. (Previously, a saliva or urine HIV test was required to issue a term policy of certain face amounts; the test was conducted by either the client's advisor or a paramedical nurse.) "This change reflects the emerging standard in the term marketplace and extends it to other life products," says Owen Rhoden, manager of individual life and health insurance marketing for Empire. "We want to do what makes sense for our distribution partners and their clients."

Empire has also added a new pricing band from $250,000 to $499,999 to provide consumers with more options, the company says. A first-year commission increase of 5% will be added to Solution 10 and Solution 20 products until September 29.

MY COMMENTS

The new pricing band means Empire Life will have more competitive rates for face amounts from $250,000 to $499,999. However, Empire Life is one of only the few companies to not offer preferred rates on Term policies. This means that clients who are in very good health and have good family health history could be overpaying.

The removal of the oral and or urine tests makes it easier and less time consuming to qualify for insurance. But if you are sure that you are in good health, it makes better sense to go with a more demanding provider in terms of tests and get the better rates that go with those tests.

If you are wondering about whether you are going to make the health cut off, just pick up the telephone and give me a call and I'll let you know what you need to know about the different levels - the real inside scoop.

Make sure to call me before you go to see your doctor for your pre-application check-up and certainly before you apply for a policy. You have thousands of dollars of premiums at stake, not hundreds. Here's my direct number - 905.248.4849.

What to Look out for When Buying Critical Illness Insurance

We have a new, very informative article about buying critical illness insurance up in the life insurance tips section. Feel free to take a look!

New Insurance Tips section

We have a new life insurance tips section up and running, where we're putting articles written by Lorne S. Marr and his associates to help you find the right insurance at the right price, with the right guarantees. We'll also be posting health insurance tips there. Check it out now!