Life Insurance Canada News:

News from 2015

Top Five Regrets of the Dying

Bronnie Ware spent many years of her life caring for those who had very little time left to live.After consoling with her patients, similar themes came up repeatedly when they were discussing their final regrets. Bonnie later published a book titled “The Top Five Regrets of the Dying”. Talking about death can be a little scary but learning from others regrets and finding a way to improve yourself seems like a great way to start.Here are five of the top regrets of the ...
Continue reading

Weekly Personal Finance Roundup For August 28, 2015

Happy Friday everyone! Featured this week on LSM Insurance was our latest infographic on disability insurance, which clarified baffling definitions of disability that tend to confuse applicants. We rounded up other recent articles below, featuring insights and advice from the brightest minds in personal finance: The Motley Fool shared the 7 simple money tips that could help students earn an A+ in personal finance. The Insurance and Investment Journal wrote that most Canadians believe ...
Continue reading
Disability Insurance Definition Demystified thumbnail

INFOGRAPHIC: Disability Insurance Demystified

As explained in our infographic below, there are some important definitions and points in a disability insurance policy that would confuse an applicant because of the fine print involved, or in a worse-case scenerio, prevent them from paying you a cent because you didn't understand the insurance contract.
Continue reading

Weekly Personal Finance Roundup For August 21, 2015

Happy Friday everyone! We were happy to have been featured this past week onLeafly.com who wrote about our discussion with CBC.ca on medical marijuana and life insurance. Also featured this week on LSM Insurance was an article detailing the pros and cons of segregated funds. We rounded up other recent articles below, featuring insights and advice from the brightest minds in Canadian personal finance: Live Insurance News wrote about how insurance companies need to adapt in the ...
Continue reading

Segregated Funds Pros and Cons

Are you looking for ways to invest your money towards a comfortable retirement and need some ideas? If so, you may be interested in segregated funds. We'll review the pros and cons of segregated funds and take a deeper look into what they are so you can make an informed decision and whether its the right retirement investment for you. Essentially, segregated funds are similar to mutual funds and are often referred to as “mutual funds with an insurance policy wrapper.” What are Mutual ...
Continue reading

Weekly Personal Finance Roundup For August 14, 2015

Happy Friday everyone! We were happy to have been featured this past week on CBC.ca discussing medical marijuana and life insurance. Our Director of Marketing was also interviewed on CBC's Edmonton AM radio program on Monday. Also featured this week on LSM Insurance was an article detailing the costs of assisted living in Canada. We rounded up other recent articles below, featuring insights and advice from the brightest minds in Canadian personal finance: Wall Street Point's Ramona ...
Continue reading
Assisted living costs in Canada

How Much Does Assisted Living Cost?

Assisted living has become increasingly popular with seniors who want to maintain an independent lifestyle while getting some help with daily life activities and reassurance that help is available round the clock, if required. For those planning for their future, a retirement community is a great option for when you need additional help and don’t want burden your loved ones. However, as assisted living arrangements are not covered under provincial health insurance plan, many people are ...
Continue reading

Weekly Personal Finance Roundup For August 7, 2015

Happy Friday Everyone! This week on the LSM blog, we featured a former NHLer turned life insurance broker, DavidLeNeveu, who gave his recommendations on the best life insurance options. We rounded up other recent articles below, featuring insights and advice from the brightest minds in Canadian personal finance: The Freedom Thirty Five blog revealed the best way to plan for retirement. In addition, Michael James detailed what you should do with that retirement money and how ...
Continue reading
Life insurance expert and NHLer David LeNeveu giving recommendations.

What The Financial Experts Own – David LeNeveu

David LeNeveu Life Insurance Broker at CK Insurance Brokers 1. What Type of Life Insurance do you own? My wife and I own both Term 20 and Universal Life Insurance (T100 with no overfunding). We are also in the process of purchasing Whole Life to increase our permanent insurance coverage and to provide a safe and reliable "pension" for ourselves when we retire. 2. What factors did you consider when determining the coverage amount? When I didn’t have enough assets, I carried ...
Continue reading

Weekly Personal Finance Roundup For July 31st 2015

Happy Friday Everyone! We were happy to have a guest post featured on MillionDollarJourney.com discussing the benefits of Universal Life insurance policies. Syed Raza was quoted in the Life Health Pro Magazine, discussing the recent push by licensed marijuana producers to encourage group health insurance plan sponsors to cover medical marijuana for plan members. On the LSM Insurance Blog, we listed out the best online budgeting tools for Canadians to use to help get their ...
Continue reading