Senior LSM Insurance broker interviewed on E-cigarettes

Posted on April 24, 2014 in Brokers, Life Insurance Canada News, LSM In The News
William Shung headshot
William Shung

Senior LSM Insurance broker William Shung was interviewed by News Talk 770 in Calgary regarding the controversial topic of E-Cigarettes. Insurance companies are adding fuel to the fire by pricing all E-cigarette users as smokers.

William takes the stance that these people should not be priced as smokers. Part of the dilemma for insurance companies is that they do not have enough data to analyze the risk. But as Chantal Marr, President of LSM Insurance, noted in a National Post article, this is not fair to the consumer. The fact that insurers do not have enough data is not a valid reason to price someone as a smoker when they don’t actually smoke cigarettes.

Listen to the interview here:

Menthol E-Cigarett by Lindsay Fox
Menthol E-Cigarette by Lindsay Fox

E-cigarettes are electronic devices that simulate real cigarettes by emitting vapour that resembles smoke. The liquid that is vaporized may or may not include nicotine — that depends on user’s choice. They are mainly used by people who are trying to quit smoking as a less harmful substitute. Read more about the issue of e-cigarette smoking in our full article E-Cigarette Users and Life Insurance.

EVLM
Name *
Phone *
Email
Your Date Of Birth
Amount of Coverage
Type
Comment
* Please Confirm Your Contact Details Are Correct

What Clients Say About LSM

life insurance testimonialsI couldn't be more pleased with the service LSM team has been providing to...1 of 85Stephanie BurkholderRead more

Leave a Reply

 

Head Office: 2900 John Street Suite #302 Markham, L3R 5G3
Office 1-866-899-4849, 905.248.4849 Fax 905.300.4848


© LSM Insurance Services Ltd. 1998-2018




Translate »