LSM Insurance has been helping people living in Halifax find the life and living benefits insurance they need for more than 25 years. Whether you have just graduated from Dalhousie University or are planning your retirement, our experienced brokers will help you find the best policy for your needs.
Halifax, NS, Canada
Insurance products we offer in Halifax:
There are many different types of life insurance in Halifax. For example, beyond the typical term policy that covers you for a set amount of time, a permanent policy can cover you for life with no increase in premium. Some permanent policies have cash savings accounts to help with long-term financial planning. Riders can be used to customize policies, and critical illness insurance can prevent financial disaster if you develop a very serious but not necessarily life threatening illness. There are many options when it comes to getting the life insurance you need in Halifax.
The Finance and Treasury Board of Nova Scotia insures and regulates agents, brokers, and adjusters in Halifax.
The average life insurance rates in the sample below are general in nature. A range of factors are considered depending on if the policy is simplified or not, your health risks, and even your commute. Work with a broker who has access to a wide range of insurance products to ensure you are matched with the one that best suits your needs.
Disclaimer: Remember, life insurance rates are highly individual and depend on a number of criteria including but not limited to your age, health status, health pre-conditions, family health history, lifestyle/life habits and many other aspects.
Life insurance rates in Halifax depend on the type of policy you choose along with your personal risk factors and riders you may choose to purchase. Term insurance is always the cheapest option. For example, a healthy 35-year old non-smoker male can get $500,000 in coverage for as low as $28.95/month.
You can get life insurance in Halifax through an agent, a broker, directly from an insurer, over the phone, online, or through an association. Banks also offer insurance, however, their products are typically geared towards protecting loans or mortgages you may have with them, and they, not your family, is often the beneficiary. When you work with a broker that has access to all the major policies in Canada, they can compare rates and terms and coverage for you and present you with your best option for your short and long-term needs. Brokers do the work for you and since they are compensated by the insurance company when you buy a policy, their consulting services are free to you.
The Finance and Treasury Board of Nova Scotia insures and regulates agents, brokers, and adjusters in Halifax.
You can get disability insurance in Halifax through an agent, a broker, online, or directly from an insurer. Bank disability insurance typically names the bank, not your family as the beneficiary as bank insurance is often used to cover loans you have at the institution. It is best to work with a broker for disability insurance in Halifax. These are nuanced policies that are tied to your occupation class, and that occupation class determines how much coverage you can receive. Failure to set this up properly can leave you either underinsured or paying for coverage that you cannot fully leverage.
