Life Insurance for Women:

News from 2010

Elisabeth Prosper: Whole Life Insurance Specialist

Elisabeth Prosper was born and grew up in Haiti before heading to France where she completed a Master Degree in Economics at the University of Aix-En Provence. Currently, she is a fully-licensed life insurance broker and as LSM Insurance's Whole Life Insurance specialist, Elisabeth can serve her clients in three different languages -- English, French and Creole. Whole life insurance, as the name implies, is insurance which provides coverage for the policyholder's entire ...
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Chantal Marr: Term Insurance Pitfalls

Chantal Marr was born in Quebec and raised in Thornhill, Ontario. She completed her Bachelor of Arts at Laval University in Quebec City and a Bachelor of Education at the University of Western Ontario. She is bilingual in both English and French, has a passion for helping people and possess very strong organizational and leadership skills. This is why, at LSM Insurance, she is in charge of productreviews and works closely with our team of brokers. In her vital role she has seen a ...
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Tamara Humphries: Non-Medical Insurance Specialist

Tamara Humphries would be happy to help you with your non- medical insurance needs. Tamara Humphries was born in Sudbury, Ontario and has lived in many varied Ontario cities such as Kingston, Peterborough, London, Timmins, North Bay, Whitby and North York. Tamara was lucky enough to spend considerable time in nearly all of the cottage areas in this vast province, which gave her a deep appreciation for this country and all things Canadian. But it's not just her deep-seated passion for ...
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Women’s vs. Men’s Term Life Insurance in Canada

Unity Life of Canada joined the Foresters family in April 2008 and as of Jan 23 2012 changed their name to Foresters Life Insurance Company. Term life insurance provides affordable insurance premiums for a stated term, such as 10 years, 15 years, 20 years or 30 years. The longer the term, the higher the initial premium. Most term policies are guaranteed renewable after the initial term at a much higher premium and most term policies are convertible to a Permanent Level-rate policy ...
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Whole Life Insurance for Women

Women pay a much lower premium for Whole Life policies than men. The following looks at the top three carriers for $250,000 worth of Whole Life 20-Pay coverage, i.e. the insured is covered for life and the policy is paid-up after 20 policy years. (more…)
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Critical Illness Policies for Women in Canada

Critical Illness insurance pays a lump sum if the insured is diagnosed with a critical illness, such as cancer. The number of illnesses considered critical can vary from carrier to carrier. The type of plan (Term or Permanent) along with plan riders -- such as a return-of-premium if the insured stays healthy -- can also influence the plan premium. The following is a snapshot of Level Term to Age 75 Critical Illness coverage at $250,000. Level Term to Age 75 means that the insured will ...
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Critical Illness Insurance Eases Financial Burdens of Breast Cancer

In addition to the ravages of the disease, it's no secret that breast cancer patients face a gargantuan financial burden. As reported by the Vancouver Sun, The Canadian Breast Cancer Network has released a survey that "firmly places breast cancer as an economic as well as health issue." Of the 400 women polled, 80% say they have "experienced some kind of financial hardship from the disease." These include, lost income because they've had to take time off work for treatment and ...
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BMO Insurance’s Well Woman Cancer Insurance Versus Critical Illness Insurance

BMO Insurance's Well Woman Insurance covers the insured, if they are diagnosed with cancer of the breast, fallopian tubes, cervix, ovaries, uterus, vagina or vulva. The plan provides cash on diagnosis, a monthly income benefit for a year and cash, while the insured is in hospital, or when they require surgery. The total cash payout would be between $25,000 or $50,000. Additional benefits of the plan include: 1. The plan offers guaranteed acceptance, and no medical exam for women ...
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