Advisor.ca: Yes, you can insure a drug user

Posted on August 3, 2018 and updated August 3, 2018 in 1 min read

Soft drugs, such as marijuana and hashish do not mix well with each other, nor with traditional life insurance. Hard drugs, such as cocaine and heroin, make for an even tougher combination. The considerations go beyond definitions of legality and extend to the insurers’ risk management processes, explains LSM Insurance, one of the most renowned brokerages in Canada, with over 50 years of combined insurance experience. The chances of obtaining traditional life insurance vary