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Tim Landry | Living Benefits Consultant

Tim Landry Living Benefits Consultant, QTR Solutions 1. What type of disability insurance do you own? I own $4,000 a month of non-can disability insurance (luckily because most groups and lesser quality products would not protect me as a 68-year-old.) I also owned $1,500 a month of Retirement Protector, but that ended at age 65. 2. What factors did you consider when determining the coverage amount? When determining the amount, I always balance two sides of the see-saw — ...
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Top 7 Things To Look For In A Financial Advisor

Managing your finances is just as important as making sure your house is neat and tidy. If your finances are all over the place and you have no idea where your money is going, then that certainly will pose a problem in maintaining a well-rounded financial life. Choosing a professional financial advisor requires some time and an understanding of what you really want out of the partnership. Rudy Luukko from the Toronto Star states, “The right person for you will depend on how much you have ...
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Robb-Engen

Robb Engen | Financial Advisor and Blogger, Boomer & Echo

Robb Engen Financial Advisor and Blogger, Boomer & Echo 1. What type of life insurance do you own? I have group life insurance coverage through my employer. The basic coverage is set at 2.5 times my salary, plus an option to purchase up to an additional $500,000. My total coverage is just over $700,000. 2. What factors did you consider when determining the coverage amount? I wanted to make sure that the coverage was large enough to pay off our mortgage and still have enough ...
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Lorne Marr interviewed on The Bill Good Show

Lorne Marr, the Director of New Business Development at LSM Insurance, was interviewed in the Bill Good Show that is aired on the waves of the Vancouver-based radio CKNW AM980 on 14th of July. Bill Good and Lorne Marr discuss "Is it time for a long weekend every weekend?" and talk about the advantages and disadvantages of four-day workweek. (more…)
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Top 7 Most Bizarre Accidents

The world is an eventful place.some of these events are mind-boggling and others come right out of the blue. From very seemingly harmless accidents like playing on a jumpy castle to suffocation-by-death-cloud, these victims would never have expected to go like this! We really hope they had life insurance to ease the burden on their families — that is, after they got past the initial shock. Now, this doesn’t mean you must swear to never approach bouncy castles again in your life. So kick off ...
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Are Homeowners Properly Insuring Their Increasing Debt Loads?

These days, it seems like debt is the norm. Instead of it being the "elephant in the room," it's all everyone talks about ─ the bragging rights one obtains from taking out a loan to buy a luxury car, or funding a vacation trip entirely on credit. According to a survey by Manulife Bank of Canada, homeowners are more comfortable with both holding and talking about their debt than their parents were. "Recently I've noticed people are happy to talk about their debt as if it's an achievement, ...
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The Dumbest Insurance Fraud Attempts Ever: #6

A Homeless Man Survives Six Murder Attempts Mike Malloy, a former fire fighter and engineer from Ireland whose excessive consumption of alcohol cost him his job, was a central figure in one of the most ridiculous insurance fraud attempts in the history of New York City. In the early 1930s, four men decided to get rich by tricking this homeless man into signing three different insurance policies naming them as beneficiaries before helping Malloy to drink himself to death. Everything went ...
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E-Cigarettes: Are They Beneficial?

Thinking about curbing your smoking habit? Or even just finding a healthy replacement for smoking? Well, guess what. You're not alone. There are more smokers in North America than you probably realize, and of course, most if not all would like to quit but find it relatively hard to do so. E-cigarettes are becoming popular among smokers and are used to help curb smoking habits. E-cigarettes are meant to be harmless and a better alternative to traditional smoking — or that's what we ...
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The Four-Day Work Week: How Does Canada Stack Up?

The four-day work week is more common around the world. LSM Insurance is one of the few companies in Canada to offer a four-day work week. We started offering a four-day work week to all our employees in 2009 — following the recession — as a way to continue to motivate the staff without having to give them a raise. Essentially, all LSM employees can work however they want, as long as the work gets done and they get to stay home on Fridays or whatever other day during the week ...
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Lorne Marr Quoted in The Globe and Mail

The Globe and Mail: What happens to your debts if you die suddenly? Lorne Marr, the Director of New Business Development at LSM Insurance, was quoted in the Globe and Mail on June 25. The Globe and Mail quotes him in an article called What happens to your debts if you die suddenly? that covers the issue of mortgage insurance in comparison to term life insurance. (more…)
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